A side-by-side comparison of F/m Compoundr U.S. Aggregate Bond ETF (CPAG) and VictoryShares USAA Core Intermediate-Term Bond ETF (UITB) 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 | CPAG | UITB |
|---|---|---|
| YTD Return | -3.34% | -3.04%✓ |
| 1-Day Change | +0.23%✓ | +0.21% |
| 1-Week Change | +0.02% | +0.05%✓ |
| 1-Month Change | -2.47% | -2.42%✓ |
| Current Price | $98.88 | $44.73 |
| AUM | $146M | $2.57B✓ |
| MER (Expense Ratio) | 31% | 0.38%✓ |
| Dividend Yield | — | 4.44% |
| Distribution Frequency | — | — |
| Inception Date | 2025-08-11 | 2017-10-24 |
| Holdings Count | 1 | 10 |
| MorningStar Rating | — | ★★★★ |
| Category | Intermediate Core Bond | Intermediate Core Bond |
| Beta | 0.00 | 0.97 |
| 52-Week High | $103.94 | $46.86 |
| 52-Week Low | $98.42 | $44.51 |
| 50-Day MA | $100.96 | $45.75 |
| 200-Day MA | $102.06 | $46.73 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CPAG | UITB |
|---|---|---|
| YTD | -3.34% | -3.04%✓ |
| 1 Year | -2.66% | -2.31%✓ |
| 3 Year | — | +4.45% |
| 5 Year | — | -0.28% |
| 10 Year | — | — |
| 1Y Volatility | 4.08% | 4.14% |
| Sharpe Ratio (3Y) | — | -0.04 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | AGG | iShares Trust - iShares Core U.S. Aggregate Bond ETF | 100.02% |
| 1 | United States Treasury Notes 2% | 2.83% | |
| 2 | United States Treasury Notes 0.25% | 2.20% | |
| 3 | Federal National Mortgage Association 4.5% | 1.86% | |
| 4 | Federal National Mortgage Association 4% | 1.82% | |
| 5 | United States Treasury Notes 0.88% | 1.79% | |
| 6 | United States Treasury Notes 1.62% | 1.68% | |
| 7 | United States Treasury Notes 1% | 1.49% | |
| 8 | United States Treasury Notes 0.38% | 1.41% | |
| 9 | United States Treasury Notes 0.62% | 1.39% | |
| 10 | United States Treasury Notes 0.12% | 1.38% |
Sector Weights
| Sector | CPAG | UITB |
|---|---|---|
| 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 CPAG
The index is designed to offer exposure consistent with the total return of U.S. investment-grade aggregate bonds, without receiving and reinvesting dividend income, by investing in ETFs. Under normal market conditions, F/m Investments LLC (the "Adviser") seeks to achieve the fund"s objective by investing at least 80% of the fund"s net assets (plus any borrowings for investment purposes) in underlying funds that primarily invest in U.S. dollar denominated investment-grade bonds.
About UITB
Under normal circumstances, the fund invests at least 80% of its assets in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest up to 20% of its net assets in foreign debt securities, including non-U.S. dollar- denominated securities and securities of companies in emerging market countries (i.e., those that are in the early stages of their industrial cycles).
Which ETF is Right for You?
Both CPAG and UITB 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, UITB 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 CPAG and UITB?
CPAG (F/m Compoundr U.S. Aggregate Bond ETF) and UITB (VictoryShares USAA Core Intermediate-Term Bond ETF) are both Canadian-listed ETFs. Key differences include their AUM ($146M vs $2.57B), dividend yield (N/A vs 4.44%), and year-to-date performance (-3.34% vs -3.04%).
Is CPAG better than UITB?
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 CPAG and UITB on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CPAG and UITB should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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