VS
When evaluating costs, AVGY features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, AVGY has returned 10.1% year-to-date with +$63 M in net flows, whereas HEWB is at 27.92% with +$27 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
AVGY
HEWB
| AuM | $150.39 M | $337.15 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.40% | 0.28% |
| Tracking Difference | - | -0.82% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | AVGY | -6.35% | -9.81% | +10.10% | +36.38% | - |
HEWB | -3.97% | +6.81% | +27.92% | +56.97% | +153.07% | |
| Flows | AVGY | +$13 M | +$39 M | +$63 M | +$90 M | - |
HEWB | +$4 M | +$15 M | +$27 M | +$26 M | +$33 M |
AVGY vs HEWB exposure
Countries
AVGY
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
AVGY
Exposure data will be available soon
HEWB
Finance
100.00%
As of August 21, 2026
Top 10 Holdings
AVGY
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
AVGY
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
AVGY
HEWB
| Provider | Harvest Portfolios Group | 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 | 29.19% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 5, 2025 | January 23, 2019 |
Frequently asked questions about AVGY and HEWB
Which ETF has performed better year to date: AVGY or HEWB?
As of August 21, 2026, AVGY has returned 10.10% year to date, while HEWB has returned 27.92%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: AVGY or HEWB?
As of August 21, 2026, AVGY manages $150.39 M in assets, while HEWB manages $337.15 M. HEWB is the larger fund by AUM.
How are AVGY and HEWB managed?
AVGY is actively managed by Harvest Portfolios Group. 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: AVGY or HEWB?
Year to date, AVGY has seen +$62.84 M in net flows, compared with +$26.84 M for HEWB. AVGY has attracted more net investor money so far.
How do the fees of AVGY and HEWB compare?
AVGY has an expense ratio of 0.40%, while HEWB has an expense ratio of 0.28%.
Recent articles about AVGY and HEWB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.