VS
iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CBO focuses its top 3 sector exposures on Banks, Power, and Insurance and reinsurance, while HBNK leans towards Finance. When evaluating costs, CBO features a management fee (MER) of 0.25%, compared to 0.09% for HBNK. Performance-wise, CBO has returned 1.32% year-to-date with +$151 M in net flows, whereas HBNK is at 33.35% with -$464 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
CBO
HBNK
| AuM | $932.71 M | $790.09 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.27% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CBO | +0.11% | +0.74% | +1.32% | +3.64% | +18.18% |
HBNK | +2.47% | +18.34% | +33.35% | +68.23% | +150.07% | |
| Flows | CBO | +$15 M | +$94 M | +$151 M | +$203 M | +$139 M |
HBNK | -$34 M | +$7 M | -$464 M | -$770 M | -$8 M |
CBO vs HBNK exposure
Countries
CBO
Canada
85.42%
Other
14.15%
HBNK
Canada
99.94%
Sectors
CBO
Banks
26.81%
Other
14.15%
Power
9.92%
Insurance and reinsurance
8.68%
Other
40.44%
HBNK
Finance
99.94%
As of July 21, 2026
Top 10 Holdings
CBO
Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C)
1.41%
OMERS Realty, 4.96% 10feb2031, CAD
1.33%
Greater Toronto Airports Authority, 7.1% 4jun2031, CAD (2001-1)
1.31%
North West Redwater Partnership, 2.8% 1jun2031, CAD (N)
1.30%
Hydro One Inc, 1.69% 16jan2031, CAD (49)
1.08%
Sun Life Financial, 2.06% 1oct2035, CAD (2020-2)
1.08%
Hydro One Inc, 3.02% 5apr2029, CAD (43)
1.08%
CA89116C3S44
1.07%
Lower Mattagami Energy, 2.433% 14may2031, CAD (2021-1)
1.06%
CA779926WF74
1.06%
HBNK
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.34%
Bank of Montreal
17.04%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
15.85%
National Bank of Canada
15.79%
Diversification
CBO
Total weight of top 10 holdings out of 483 total
11.78%
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
Characteristics
Compare
CBO
HBNK
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.47% | 2.53% |
| Meets ESG criteria | No | No |
| Inception Date | February 25, 2009 | July 5, 2023 |
Frequently asked questions about CBO and HBNK
Which ETF has performed better year to date: CBO or HBNK?
As of July 21, 2026, CBO has returned 1.32% year to date, while HBNK has returned 33.35%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: CBO or HBNK?
As of July 21, 2026, CBO manages $932.71 M in assets, while HBNK manages $790.09 M. CBO is the larger fund by AUM.
How are CBO and HBNK managed?
CBO is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Corporate Bond TR Index - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do CBO and HBNK emphasize?
CBO is most exposed to Banks, Power, and Insurance and reinsurance. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: CBO or HBNK?
Year to date, CBO has seen +$151.18 M in net flows, compared with -$463.50 M for HBNK. CBO has attracted more net investor money so far.
How do the fees of CBO and HBNK compare?
CBO has an expense ratio of 0.27%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of CBO and HBNK?
CBO's largest holdings include Coastal Gaslink Pipeline LP, 4.907% 30jun2031, CAD (C) and OMERS Realty, 4.96% 10feb2031, CAD. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CBO or HBNK?
CBO holds 404 securities, while HBNK holds 6. On holdings count, CBO is the more diversified portfolio.
Recent articles about CBO and HBNK
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