A side-by-side comparison of Purpose Global Bond Fund Series ETF (BND) and CI Enhanced Short Duration Bond Fund ETF Common Units (FSB) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | BND | FSB |
|---|---|---|
| YTD Return | -4.18% | -1.51%✓ |
| 1-Day Change | -0.06% | +0.05%✓ |
| 1-Week Change | -0.81% | -0.16%✓ |
| 1-Month Change | -1.85% | -0.58%✓ |
| Current Price | $17.21 | $9.47 |
| AUM | $1.06B✓ | $238M |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 5.93%✓ | 4.04% |
| Distribution Frequency | Monthly | Monthly |
| Inception Date | 2015-10-28 | 2017-09-07 |
| Holdings Count | 4 | 10 |
| MorningStar Rating | ★★★★★ | ★★★★ |
| Category | Global Core Plus Fixed Income | Global Core Plus Fixed Income |
| Beta | 0.59 | 0.18 |
| 52-Week High | $17.65 | $9.53 |
| 52-Week Low | $17.00 | $9.31 |
| 50-Day MA | $17.53 | $9.53 |
| 200-Day MA | $17.79 | $9.60 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | BND | FSB |
|---|---|---|
| YTD | -4.18% | -1.51%✓ |
| 1 Year | +0.06% | +1.71%✓ |
| 3 Year | +6.77%✓ | +4.07% |
| 5 Year | +2.81%✓ | +2.50% |
| 10 Year | +2.73% | — |
| 1Y Volatility | 3.55% | 0.96% |
| Sharpe Ratio (3Y) | 0.68 | 0.46 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | FBTPU26 | Long-Term Euro BTP Future Sept 26 | 9.43% |
| 2 | FGBSU26 | Euro Schatz Future Sept 26 | 3.34% |
| 3 | FGBMU26 | Euro Bobl Future Sept 26 | 2.64% |
| 4 | FGBLU26 | Euro Bund Future Sept 26 | 2.60% |
| 1 | Tenet Healthcare Corporation 4.62% | 4.11% | |
| 2 | Ford Credit Canada Limited 2.71% | 1.46% | |
| 3 | Ford Credit Canada Limited 3.28% | 1.18% | |
| 4 | DCP Midstream, LLC 4.75% | 1.14% | |
| 5 | CHARTER COMM 10/19 TLB | 1.07% | |
| 6 | Bausch Health Companies Inc 5.5% | 1.06% | |
| 7 | DCP Midstream Operating, LP 4.95% | 1.02% | |
| 8 | T-Mobile USA, Inc. 4.5% | 0.90% | |
| 9 | Western Midstream Operating LP 2.32% | 0.86% | |
| 10 | Bombardier Inc. 6% | 0.84% |
Sector Weights
| Sector | BND | FSB |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About BND
NA
About FSB
NA
Which ETF is Right for You?
Both BND and FSB are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, BND scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between BND and FSB?
BND (Purpose Global Bond Fund Series ETF) and FSB (CI Enhanced Short Duration Bond Fund ETF Common Units) are both Canadian-listed ETFs. Key differences include their AUM ($1.06B vs $238M), dividend yield (5.93% vs 4.04%), and year-to-date performance (-4.18% vs -1.51%).
Is BND better than FSB?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy BND and FSB on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both BND and FSB should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
7 stocks to buy and hold forever
Complement your ETF portfolio with these proven long-term individual stocks.
Get the FREE Report