VS
When evaluating costs, BANK features a management fee (MER) of 0.6%, compared to 0.55% for XFN. Performance-wise, BANK has returned 33.71% year-to-date with +$326 M in net flows, whereas XFN is at 23.82% with -$160 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
BANK
XFN
| AuM | $1,345.05 M | $2,243.89 M |
| Management Fees | 0.60% | 0.55% |
| Exp. ratio | 0.83% | 0.61% |
| Tracking Difference | - | -0.86% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | BANK | +2.09% | -0.54% | +33.71% | +45.44% | +132.20% |
XFN | +2.55% | -1.65% | +23.82% | +33.36% | +155.20% | |
| Flows | BANK | +$17 M | +$87 M | +$326 M | +$408 M | +$928 M |
XFN | -$28 M | -$36 M | -$160 M | -$132 M | -$390 M |
BANK vs XFN exposure
Countries
BANK
Exposure data will be available soon
XFN
Canada
98.34%
Sectors
BANK
Exposure data will be available soon
XFN
Finance
99.87%
As of October 28, 2026
Top 10 Holdings
BANK
Exposure data will be available soon
XFN
Royal Bank of Canada
22.47%
The Toronto-Dominion Bank
15.90%
Bank of Montreal
9.39%
The Bank of Nova Scotia
8.85%
Canadian Imperial Bank of Commerce
8.21%
Brookfield Corp.
6.92%
Manulife Financial Corp.
5.57%
National Bank of Canada
4.65%
Sun Life Financial, Inc.
3.42%
Power Corp of Canada
2.76%
Diversification
BANK
Exposure data will be available soon
XFN
Total weight of top 10 holdings out of 23 total
88.15%
Characteristics
Compare
BANK
XFN
| Provider | Evolve ETFs | iShares |
| Management | Actively managed | Passively managed |
| Benchmark | - | S&P/TSX Capped Financials Total Return Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.36% | 1.94% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2022 | March 23, 2001 |
Frequently asked questions about BANK and XFN
Which ETF has performed better year to date: BANK or XFN?
As of October 28, 2026, BANK has returned 33.71% year to date, while XFN has returned 23.82%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: BANK or XFN?
As of October 28, 2026, BANK manages $1.35 B in assets, while XFN manages $2.24 B. XFN is the larger fund by AUM.
How are BANK and XFN managed?
BANK is actively managed by Evolve ETFs. It does not track an index. XFN is passively managed by iShares. It tracks the S&P/TSX Capped Financials Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: BANK or XFN?
Year to date, BANK has seen +$325.80 M in net flows, compared with -$159.95 M for XFN. BANK has attracted more net investor money so far.
How do the fees of BANK and XFN compare?
BANK has an expense ratio of 0.83%, while XFN has an expense ratio of 0.61%.
Recent articles about BANK and XFN
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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.