A side-by-side comparison of CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) (CGBI) and Dimensional Global ex US Core Fixed Income ETF (DFGX) 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 | CGBI | DFGX |
|---|---|---|
| YTD Return | -3.19% | -1.09%✓ |
| 1-Day Change | 0.00% | +0.47%✓ |
| 1-Week Change | +0.18% | +0.88%✓ |
| 1-Month Change | +1.25%✓ | +1.31% |
| Current Price | $16.98 | $51.98 |
| AUM | $804M | $1.93B✓ |
| MER (Expense Ratio) | 0.19%✓ | 0.2% |
| Dividend Yield | 3.04% | 4.52%✓ |
| Distribution Frequency | Monthly | — |
| Inception Date | 2021-09-13 | 2023-11-07 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Global Bonds | Global Bonds |
| Beta | 0.57 | 0.00 |
| 52-Week High | $17.45 | $52.69 |
| 52-Week Low | $16.68 | $50.81 |
| 50-Day MA | $16.96 | $51.54 |
| 200-Day MA | $17.32 | $52.54 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CGBI | DFGX |
|---|---|---|
| YTD | -3.19% | -1.09%✓ |
| 1 Year | -1.38% | -0.35%✓ |
| 3 Year | +2.83% | — |
| 5 Year | -0.83% | — |
| 10 Year | +0.00% | — |
| 1Y Volatility | 3.86% | 4.17% |
| Sharpe Ratio (3Y) | 0.01 | 0.00 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | CGBI | DFGX |
|---|---|---|
| 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 CGBI
NA
About DFGX
The fund seeks its investment objective by investing primarily in a universe of non-U.S. dollar-denominated foreign and U.S. debt securities. The portfolio manager will purchase fixed income securities that mature within twenty years from the date of settlement. The portfolio manager intends to invest its assets to gain exposure to at least three different countries, excluding the United States.
Which ETF is Right for You?
Both CGBI and DFGX 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, DFGX 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 CGBI and DFGX?
CGBI (CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)) and DFGX (Dimensional Global ex US Core Fixed Income ETF) are both Canadian-listed ETFs. Key differences include their AUM ($804M vs $1.93B), dividend yield (3.04% vs 4.52%), and year-to-date performance (-3.19% vs -1.09%).
Is CGBI better than DFGX?
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 CGBI and DFGX on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CGBI and DFGX should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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