VS
CIBC Canadian Bond Index ETF (CCBI) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CCBI focuses its top 3 sector exposures on Sovereign, Municipal, and Government agencies, while HEWB leans towards Finance. When evaluating costs, CCBI features a management fee (MER) of 0.06%, compared to 0.28% for HEWB. Performance-wise, CCBI has returned 1.05% year-to-date with +$56 M in net flows, whereas HEWB is at 32.63% 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
CCBI
HEWB
| AuM | $167.96 M | $349.57 M |
| Management Fees | 0.06% | 0.28% |
| Exp. ratio | 0.07% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCBI | -1.16% | +0.72% | +1.05% | +3.14% | +12.60% |
HEWB | +0.42% | +16.05% | +32.63% | +67.21% | +146.20% | |
| Flows | CCBI | +$14 M | +$32 M | +$56 M | +$81 M | +$130 M |
HEWB | +$7 M | +$15 M | +$27 M | +$26 M | +$35 M |
CCBI vs HEWB exposure
Countries
CCBI
Canada
88.38%
Other
10.85%
HEWB
Canada
100.00%
Sectors
CCBI
Sovereign
33.16%
Municipal
26.58%
Other
10.85%
Other
29.41%
HEWB
Finance
100.00%
As of July 30, 2026
Top 10 Holdings
CCBI
Canada, Bond 2 1jun2028 10Y
7.58%
Canada, Bonds 3.25% 1jun2035, CAD
5.98%
Canada, Bonds 1.5% 1dec2031 10Y
5.40%
Canada, Bond 0.5 1oct2030 10Y
5.24%
Canada, Bonds 2.75% 1dec2055, CAD
4.90%
Canada, Bond 2.25 1jun2029 10Y
4.02%
Province of Ontario, 4.7% 2jun2037, CAD (DMTN164)
3.56%
Canada Housing Trust, 4.25% 15mar2034, CAD (118)
2.92%
CMHC, 1.75% 15jun2030, CAD (92)
2.01%
Province of Ontario, 3.65% 2jun2033, CAD (DMTN258)
1.96%
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
CCBI
Total weight of top 10 holdings out of 169 total
43.57%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CCBI
HEWB
| Provider | CIBC | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada Universe 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 | Capitalization |
| Trailing 12m distribution yield | 3.08% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 31, 2021 | January 23, 2019 |
Frequently asked questions about CCBI and HEWB
Which ETF has performed better year to date: CCBI or HEWB?
As of July 30, 2026, CCBI has returned 1.05% year to date, while HEWB has returned 32.63%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CCBI or HEWB?
As of July 30, 2026, CCBI manages $167.96 M in assets, while HEWB manages $349.57 M. HEWB is the larger fund by AUM.
How are CCBI and HEWB managed?
CCBI is passively managed by CIBC. It tracks the FTSE Canada Universe Bond TR Index - CAD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do CCBI and HEWB emphasize?
CCBI is most exposed to Sovereign, Municipal, and Government agencies. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: CCBI or HEWB?
Year to date, CCBI has seen +$55.58 M in net flows, compared with +$26.84 M for HEWB. CCBI has attracted more net investor money so far.
How do the fees of CCBI and HEWB compare?
CCBI has an expense ratio of 0.07%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of CCBI and HEWB?
CCBI's largest holdings include Canada, Bond 2 1jun2028 10Y and Canada, Bonds 3.25% 1jun2035, CAD. HEWB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CCBI or HEWB?
CCBI holds 123 securities, while HEWB holds 6. On holdings count, CCBI is the more diversified portfolio.
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