A side-by-side comparison of CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series (CDLB) and Purpose Global Bond Class ETF (IGB) 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 | CDLB | IGB |
|---|---|---|
| YTD Return | -6.73% | -5.95%✓ |
| 1-Day Change | -0.89% | +0.23%✓ |
| 1-Week Change | -2.51% | +0.03%✓ |
| 1-Month Change | -4.61% | -2.63%✓ |
| Current Price | $15.53 | $17.24 |
| AUM | $1M | $496M✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 4.83%✓ | 0.40% |
| Distribution Frequency | Monthly | Monthly |
| Inception Date | 2020-05-08 | 2018-06-14 |
| Holdings Count | 8 | 1 |
| MorningStar Rating | ★★ | ★★★★ |
| Category | Global Core Plus Fixed Income | Global Core Plus Fixed Income |
| Beta | 0.68 | 0.59 |
| 52-Week High | $16.29 | $17.95 |
| 52-Week Low | $15.53 | $17.18 |
| 50-Day MA | $15.95 | $17.68 |
| 200-Day MA | $16.34 | $18.07 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CDLB | IGB |
|---|---|---|
| YTD | -6.73% | -5.95%✓ |
| 1 Year | -1.35%✓ | -2.99% |
| 3 Year | +2.91% | +5.89%✓ |
| 5 Year | -1.07% | +1.85%✓ |
| 10 Year | — | — |
| 1Y Volatility | 4.25% | 4.15% |
| Sharpe Ratio (3Y) | -0.04 | 0.50 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | Federal Home Loan Mortgage Corporation 3.5% | 3.54% | |
| 2 | Federal Home Loan Mortgage Corporation 2% | 2.31% | |
| 3 | United States Treasury Notes 0.88% | 2.09% | |
| 4 | United States Treasury Notes 1.25% | 2.09% | |
| 5 | United States Treasury Notes 1.62% | 2.05% | |
| 6 | Federal National Mortgage Association 3% | 1.83% | |
| 7 | Federal Home Loan Mortgage Corporation 3% | 1.79% | |
| 8 | Fnma Pass-Thru I 2.5% | 1.74% |
| 1 | BND | Purpose Global Bond Fund Series ETF | 3.79% |
Sector Weights
| Sector | CDLB | IGB |
|---|---|---|
| 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 CDLB
NA
About IGB
NA
Which ETF is Right for You?
Both CDLB and IGB 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, IGB 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 CDLB and IGB?
CDLB (CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series) and IGB (Purpose Global Bond Class ETF) are both Canadian-listed ETFs. Key differences include their AUM ($1M vs $496M), dividend yield (4.83% vs 0.40%), and year-to-date performance (-6.73% vs -5.95%).
Is CDLB better than IGB?
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 CDLB and IGB on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CDLB and IGB 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