A side-by-side comparison of TD Canadian Aggregate Bond Index ETF (TDB) and Vanguard Canadian Aggregate Bond (VAB) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | TDB | VAB |
|---|---|---|
| YTD Return | +0.39%✓ | +0.22% |
| 1-Day Change | -0.46%✓ | -0.74% |
| 1-Week Change | -0.69%✓ | -0.78% |
| 1-Month Change | -0.23%✓ | -0.30% |
| Current Price | $12.95 | $22.95 |
| AUM | $3.90B | $7.43B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 3.51%✓ | 3.32% |
| Distribution Frequency | Monthly | Monthly |
| Inception Date | 2016-03-22 | 2011-11-30 |
| Holdings Count | 8 | 6 |
| MorningStar Rating | ★★★★ | ★★★ |
| Category | Canadian Fixed Income | Canadian Fixed Income |
| Beta | 0.98 | 1.00 |
| 52-Week High | $13.02 | $23.19 |
| 52-Week Low | $12.34 | $21.87 |
| 50-Day MA | $12.92 | $22.92 |
| 200-Day MA | $13.00 | $23.06 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | TDB | VAB |
|---|---|---|
| YTD | +0.39%✓ | +0.22% |
| 1 Year | +3.56% | +3.59%✓ |
| 3 Year | +4.43%✓ | +4.35% |
| 5 Year | +0.75%✓ | +0.63% |
| 10 Year | +1.57%✓ | +1.53% |
| 1Y Volatility | 3.96% | 4.00% |
| Sharpe Ratio (3Y) | 0.09 | 0.09 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | Canada (Government of) 1.25% | 2.04% | |
| 2 | Canada (Government of) 0.5% | 1.71% | |
| 3 | Canada (Government of) 2% | 1.59% | |
| 4 | Canada (Government of) 1% | 1.43% | |
| 5 | Canada (Government of) 5% | 1.25% | |
| 6 | Canada (Government of) 2.5% | 1.24% | |
| 7 | Canada (Government of) 0.25% | 1.23% | |
| 8 | Canada (Government of) 2.25% | 1.18% |
| 1 | Canada (Government of) 2% | 1.93% | |
| 2 | Canada (Government of) 0.5% | 1.27% | |
| 3 | Canada (Government of) 1.75% | 1.22% | |
| 4 | Canada (Government of) 1.25% | 1.11% | |
| 5 | Ontario (Province Of) 3.45% | 0.94% | |
| 6 | Canada (Government of) 0.25% | 0.91% |
Sector Weights
| Sector | TDB | VAB |
|---|---|---|
| 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 TDB
NA
About VAB
Seeks to track the performance of the Bloomberg Global Aggregate Canadian Float Adjusted Bond Index to the extent possible and before fees and expenses.
Which ETF is Right for You?
Both TDB and VAB 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, TDB 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 TDB and VAB?
TDB (TD Canadian Aggregate Bond Index ETF) and VAB (Vanguard Canadian Aggregate Bond) are both Canadian-listed ETFs. Key differences include their AUM ($3.90B vs $7.43B), dividend yield (3.51% vs 3.32%), and year-to-date performance (+0.39% vs +0.22%).
Is TDB better than VAB?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, TDB has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy TDB and VAB on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both TDB and VAB should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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