TSX · CAD · ETF

Guardian Canadian Bond Fund ETF Units (GCBD.TO) ETF Analysis

GCBD.TO

Expense ratio 0.38% Yield 3.35% Assets CA$349.33M Since November 6, 2023 Family Guardian Capital LP

Last Updated: October 21, 2026

CA$17.87

+CA$0.06 (+0.34%)

October 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare GCBD.TO with… →

GCBD.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−1.36%	−1.36%	CA$98.64	CA$295.92
3 years	+17.30%	+5.46%	CA$117.30	CA$351.89
5 years	+3.37%	+0.67%	CA$103.37	CA$310.12
Since March 31, 2021	+3.87%	+0.69%	CA$103.87	CA$311.62

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

GCBD.TO Return by Calendar Year

2021 and 2026 are partial years

−11.26%+6.49%−0.22%

2021*20222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−0.22%
2025	+3.26%
2024	+4.40%
2023	+6.49%
2022	−11.26%
2021 (partial year)	+2.19%

GCBD.TO Monthly Returns

−4%+5%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+0.5	+1.5	−2.0	+0.1	+1.3	+0.5	−1.6	−0.2	−1.4	+1.0	—	—
2025	+1.2	+1.1	−0.0	−0.5	−0.2	+0.1	−0.5	+0.7	+1.8	+0.7	+0.3	−1.2
2024	−1.4	−0.4	+0.5	−2.1	+1.7	+1.2	+2.4	+0.7	+1.9	−1.0	+1.6	−0.6
2023	+3.2	−2.2	+2.1	+1.1	−2.0	−0.2	−1.0	−0.2	−2.7	+0.3	+4.3	+3.9
2022	−2.7	−0.8	−3.3	−3.4	−0.1	−2.2	+4.3	−3.1	−0.4	−1.1	+2.5	−1.1
2021	—	—	—	−0.1	+0.7	+0.3	+1.9	+0.1	−1.8	−0.7	+1.0	+0.8

Monthly total returns with dividends reinvested; each cell prints its signed value.

GCBD.TO Volatility & Risk

Volatility: 5 yrs · Beta: 3 yrs

Annualized volatility: 6.83%
Beta (3y): 1.03
Best year: +6.49%
Worst year: −11.26%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Analysis

Data-derived

Fund Overview

Guardian Canadian Bond Fund ETF Units (GCBD.TO) is an exchange-traded fund. Guardian Capital LP is the fund family on file. The inception date on file is November 6, 2023. Total net assets stand at CA$349.33M. The expense ratio is 0.38%. On a CA$10,000 position that is CA$38.00 a year.

Performance Analysis

The most recent close on file for GCBD.TO is CA$17.87, dated October 21, 2026. Over the trailing twelve months the total return is −1.36%. Measured over 5 years, that is +0.67% a year compounded. The fund distributes at a trailing yield of 3.35%.

The strongest complete calendar year on file is 2023 at +6.49%; the weakest is 2022 at −11.26%. Of the 4 complete calendar years on file, 3 finished higher. 2026 is still running; the total return is −0.22% year to date.

Price & Risk Profile

Over the past 52 weeks the price has ranged from CA$17.69 to CA$18.71. The latest close sits 1.02% above that 52-week low. Daily returns over the trailing 5 years annualize to a volatility of 6.83%. Beta against the wider market is reported at 1.03. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

More Guardian Capital LP ETFs

GIGD.TO

Guardian i3 Global Dividend Growth ETF

CA$913.12M

GCTB.TO

Guardian Ultra-Short Canadian T-Bill Fund ETF Units

CA$380.94M

GCFE.TO

Guardian Canadian Focused Equity ETF

CA$359.19M

GFGE.TO

Guardian Fundamental Global Equity ETF

CA$329.33M

GCEI.TO

Guardian Canadian Equity Income ETF

CA$245.00M

GIDY.TO

Guardian i3 Global Dividend Premium Yield Fund ETF

CA$155.58M