VS
When evaluating costs, AENU features a management fee (MER) of 0.75%, compared to 0.28% for HEWB. Performance-wise, AENU has returned 16.47% year-to-date with +$3 M in net flows, whereas HEWB is at 28.02% with +$14 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
AENU
HEWB
| AuM | $5.81 M | $324.95 M |
| Management Fees | 0.75% | 0.28% |
| Exp. ratio | 0.95% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | AENU | +4.61% | +13.34% | +16.47% | +34.10% | - |
HEWB | +10.08% | +24.67% | +28.02% | +71.33% | +148.16% | |
| Flows | AENU | +$2 M | +$2 M | +$3 M | +$3 M | - |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
AENU vs HEWB exposure
Countries
AENU
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
AENU
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 17, 2026
Top 10 Holdings
AENU
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
AENU
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
AENU
HEWB
| Provider | AGF | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 5.58% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 21, 2023 | January 23, 2019 |
Frequently asked questions about AENU and HEWB
Which ETF has performed better year to date: AENU or HEWB?
As of June 17, 2026, AENU has returned 16.47% year to date, while HEWB has returned 28.02%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: AENU or HEWB?
As of June 17, 2026, AENU manages $5.81 M in assets, while HEWB manages $324.95 M. HEWB is the larger fund by AUM.
How are AENU and HEWB managed?
AENU is actively managed by AGF. It does not track an index. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: AENU or HEWB?
Year to date, AENU has seen +$2.67 M in net flows, compared with +$14.05 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of AENU and HEWB compare?
AENU has an expense ratio of 0.95%, while HEWB has an expense ratio of 0.28%.
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