VS
When evaluating costs, CCAD features a management fee (MER) of 0.12%, compared to 0.28% for HEWB. Performance-wise, CCAD has returned 1.31% year-to-date with +$176 M in net flows, whereas HEWB is at 35.73% with +$23 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
CCAD
HEWB
| AuM | $419.43 M | $353.97 M |
| Management Fees | 0.12% | 0.28% |
| Exp. ratio | 0.12% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCAD | +0.20% | +0.60% | +1.31% | +2.54% | - |
HEWB | +6.03% | +19.86% | +35.73% | +71.14% | +157.48% | |
| Flows | CCAD | +$28 M | +$94 M | +$176 M | +$264 M | - |
HEWB | +$9 M | +$16 M | +$23 M | +$22 M | +$25 M |
CCAD vs HEWB exposure
Countries
CCAD
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
CCAD
Exposure data will be available soon
HEWB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
CCAD
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
CCAD
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CCAD
HEWB
| Provider | CIBC | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.57% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 14, 2025 | January 23, 2019 |
Frequently asked questions about CCAD and HEWB
Which ETF has performed better year to date: CCAD or HEWB?
As of July 17, 2026, CCAD has returned 1.31% year to date, while HEWB has returned 35.73%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CCAD or HEWB?
As of July 17, 2026, CCAD manages $419.43 M in assets, while HEWB manages $353.97 M. CCAD is the larger fund by AUM.
How are CCAD and HEWB managed?
CCAD is actively managed by CIBC. 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: CCAD or HEWB?
Year to date, CCAD has seen +$176.46 M in net flows, compared with +$23.13 M for HEWB. CCAD has attracted more net investor money so far.
How do the fees of CCAD and HEWB compare?
CCAD has an expense ratio of 0.12%, while HEWB has an expense ratio of 0.28%.
Recent articles about CCAD and HEWB
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
HEB ETF Spotlight: Hamilton's Newest Addition to its ETF Offering
Meet HEB, Hamilton’s new low-cost Big Six Canadian Bank ETF.
Posted on 5/2/2023 by ETF Market Canada inETFs
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.