Question 1

What is TCSB?

Accepted Answer

TCSB — TD Select Short Term Corporate Bond Ladder ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the TCSB ETF price today?

Accepted Answer

TCSB last traded at $14.79 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the TCSB MER (management expense ratio)?

Accepted Answer

TCSB has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, TCSB is considered a low-cost ETF.

Question 4

What are TCSB annualised returns?

Accepted Answer

TCSB historical returns: YTD: -0.47%, 1-year: +3.30%, 3-year annualised: +6.02%, 5-year annualised: +3.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.10, which measures risk-adjusted return.

Question 5

Does TCSB pay dividends or distributions?

Accepted Answer

Yes, TCSB distributes income to unitholders. The current distribution yield is approximately 3.68%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does TCSB invest in?

Accepted Answer

TCSB's top holdings include Saputo Inc. (null, 2.2%), RioCan Real Estate Investment Trust (null, 2.1%), TransCanada Pipelines Limited (null, 2.1%), Enbridge Pipelines Inc. (null, 2.0%), Federation des Caisses Desjardins du Quebec (null, 2.0%) — and 3 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Corp Bd GR CAD.

Question 7

What sectors does TCSB invest in?

Accepted Answer

TCSB's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is TCSB? (Assets under management)

Accepted Answer

TCSB has approximately $907M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was TCSB launched?

Accepted Answer

TCSB was launched on November 8, 2018, giving it a 8-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy TCSB in Canada?

Accepted Answer

TCSB trades on the TSX under the ticker TCSB. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is TCSB?

Accepted Answer

TCSB has a 1-year volatility of 1.66% and a beta of 0.45 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.10 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-13	$14.78	$14.81	$14.78	$14.79	$14.79	73,216
2026-08-12	$14.74	$14.78	$14.74	$14.78	$14.78	40,341
2026-08-11	$14.75	$14.77	$14.75	$14.75	$14.75	48,991
2026-08-10	$14.78	$14.78	$14.75	$14.75	$14.75	33,762
2026-08-07	$14.79	$14.79	$14.76	$14.78	$14.78	32,569
2026-08-06	$14.80	$14.80	$14.77	$14.79	$14.79	18,035
2026-08-05	$14.80	$14.81	$14.79	$14.80	$14.80	24,015
2026-08-04	$14.79	$14.81	$14.78	$14.80	$14.80	64,608
2026-07-31	$14.77	$14.77	$14.74	$14.76	$14.76	76,500
2026-07-30	$14.77	$14.79	$14.77	$14.78	$14.78	65,200

#	Name	Weight
1	Saputo Inc.	2.19%
2	RioCan Real Estate Investment Trust	2.09%
3	TransCanada Pipelines Limited	2.09%
4	Enbridge Pipelines Inc.	2.00%
5	Federation des Caisses Desjardins du Quebec	2.00%
6	Dream Industrial Real Estate Investment Trust	1.95%
7	Canadian Imperial Bank of Commerce	1.94%
8	National Bank of Canada	1.93%

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
SHPU		$12.57	+10.75%
PLTU		$32.91	+10.21%
CGMD		$6.91	+8.82%
RBNU		$30.93	+8.76%
MUU		$14.96	+8.41%
TSLU		$13.29	+7.52%
COIU		$3.91	+6.83%
HODY	Harvest Robinhood Enhanced High Income Shares ETF	$6.50	+5.26%

CIBC Investor's Edge

TD Select Short Term Corporate Bond Ladder ETF (TCSB : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About TD Select Short Term Corporate Bond Ladder ETF

ETF Details

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Frequently Asked Questions — TCSB