Invesco 1-5 Year Laddered Investment Grade Corporate Bond (PSB.TO)
About this ETF
The fund tracks an index that primarily invests in investment grade securities rated BBB or higher and that have a maturity of 1 to 5 years. Only securities issued by Canadian corporations are eligible for inclusion, as long as they meet credit rating and maturity requirements. Selected securities are then placed into five maturity buckets of 1-1.99 years, 2-2.99 years, 3-3.99 years 4-4.99 years, and 5-5.99 years, and are equally weighted within their buckets. On each annual rebalancing, the bonds from each maturity roll out to the next lower bucket. Bonds with a remaining maturity of less than one year are sold, with the proceeds being used to invest in the longest maturity bucket.
Price
Top 10 holdings
| AltaGas Ltd 2.08% 05/30/2028 | 2.44% |
| Greater Toronto Airports Authority 1.54% 05/03/2028 | 2.39% |
| Bell Telephone Co of Canada or Bell Canada 2.20% 05/29/2028 | 2.38% |
| Intact Financial Corp 2.18% 05/18/2028 | 2.37% |
| WSP Global Inc 2.41% 04/19/2028 | 2.36% |
| Fortis Inc/Canada 2.18% 05/15/2028 | 2.34% |
| TransCanada PipeLines Ltd 3.39% 03/15/2028 | 2.28% |
| Pembina Pipeline Corp 4.02% 03/27/2028 | 2.23% |
| Choice Properties Real Estate Investment Trust 4.18% 03/08/2028 | 2.21% |
| Enbridge Inc 6.63% 04/12/2078 | 2.20% |
Sector mix
Price chart
Returns
| 1 month | -0.44% |
| 3 months | -0.17% |
| 6 months | -0.50% |
| Year to date | -0.28% |
| 1 year | +0.06% |
| 3 years (ann.) | +2.83% |
| 5 years (ann.) | -0.25% |
| 10 years (ann.) | -0.52% |
Risk profile
| Volatility (1y, ann.) | 2.92% |
| Sharpe (1y) | 0.03 |
| Sharpe (3y) | 0.90 |
| Sortino (1y) | 0.05 |
| Max drawdown (1y) | -2.07% |
| Max drawdown (5y) | -11.15% |
| Max drawdown (full) | -22.78% |
| Beta vs S&P 500 (1y) | 0.06 |
| Correlation vs S&P 500 (1y) | 0.25 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-29 | 2026-07-08 | CAD 0.0480 |
| 2026-05-28 | 2026-06-05 | CAD 0.0478 |
| 2026-04-29 | 2026-05-07 | CAD 0.0480 |
| 2026-03-30 | 2026-04-08 | CAD 0.0480 |
| 2026-02-26 | 2026-03-06 | CAD 0.0479 |
| 2026-01-29 | 2026-02-06 | CAD 0.0479 |
| 2025-12-30 | 2026-01-08 | CAD 0.0523 |
| 2025-11-27 | 2025-12-05 | CAD 0.0480 |
| 2025-10-30 | 2025-11-07 | CAD 0.0481 |
| 2025-09-29 | 2025-10-07 | CAD 0.0480 |
| 2025-08-28 | 2025-09-08 | CAD 0.0480 |
| 2025-07-30 | 2025-08-08 | CAD 0.0481 |
| 2025-06-27 | 2025-07-08 | CAD 0.0471 |
| 2025-05-29 | 2025-06-06 | CAD 0.0472 |
| 2025-04-29 | 2025-05-07 | CAD 0.0472 |
| 2025-03-28 | 2025-04-07 | CAD 0.0471 |
| 2025-02-27 | 2025-03-07 | CAD 0.0471 |
| 2025-01-30 | 2025-02-07 | CAD 0.0475 |
| 2024-12-30 | 2025-01-08 | CAD 0.0473 |
| 2024-11-28 | 2024-12-06 | CAD 0.0473 |
| 2024-10-30 | 2024-11-07 | CAD 0.0473 |
| 2024-09-27 | 2024-10-07 | CAD 0.0473 |
| 2024-08-29 | 2024-09-09 | CAD 0.0473 |
| 2024-07-30 | 2024-08-08 | CAD 0.0474 |
| 2024-06-27 | 2024-07-08 | CAD 0.0454 |
| 2024-05-30 | 2024-06-07 | CAD 0.0454 |
| 2024-04-26 | 2024-05-07 | CAD 0.0454 |
| 2024-03-26 | 2024-04-05 | CAD 0.0455 |
| 2024-02-27 | 2024-03-07 | CAD 0.0455 |
| 2024-01-29 | 2024-02-07 | CAD 0.0451 |
| 2023-12-27 | 2024-01-08 | CAD 0.0456 |
| 2023-11-28 | 2023-12-07 | CAD 0.0457 |
| 2023-10-27 | 2023-11-07 | CAD 0.0455 |
| 2023-09-27 | 2023-10-06 | CAD 0.0456 |
| 2023-08-29 | 2023-09-08 | CAD 0.0456 |
| 2023-07-27 | 2023-08-08 | CAD 0.0456 |
| 2023-06-28 | 2023-07-10 | CAD 0.0430 |
| 2023-05-29 | 2023-06-07 | CAD 0.0427 |
| 2023-04-26 | 2023-05-05 | CAD 0.0430 |
| 2023-03-29 | 2023-04-10 | CAD 0.0428 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |

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