VS
When evaluating costs, CCLO features a management fee (MER) of 0.3%, compared to 0.09% for HBNK. Performance-wise, CCLO has returned 0.55% year-to-date with -$37 M in net flows, whereas HBNK is at 13.38% with -$445 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
CCLO
HBNK
| AuM | $48.55 M | $688.12 M |
| Management Fees | 0.30% | 0.09% |
| Exp. ratio | 0.30% | 0.10% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of May 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCLO | -0.06% | +0.18% | +0.55% | - | - |
HBNK | +8.75% | +10.98% | +13.38% | +63.47% | - | |
| Flows | CCLO | -$4 M | -$24 M | -$37 M | - | - |
HBNK | -$203 M | -$380 M | -$445 M | -$701 M | - |
CCLO vs HBNK exposure
Countries
CCLO
Exposure data will be available soon
HBNK
Canada
99.99%
Sectors
CCLO
Exposure data will be available soon
HBNK
Financials
99.99%
As of May 5, 2026
Top 10 Holdings
CCLO
Exposure data will be available soon
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
CCLO
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
CCLO
HBNK
| 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 | Distributing |
| Trailing 12m distribution yield | - | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | July 5, 2023 |
Frequently asked questions about CCLO and HBNK
Which ETF has performed better year to date: CCLO or HBNK?
As of May 5, 2026, CCLO has returned 0.55% year to date, while HBNK has returned 13.38%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: CCLO or HBNK?
As of May 5, 2026, CCLO manages $48.55 M in assets, while HBNK manages $688.12 M. HBNK is the larger fund by AUM.
How are CCLO and HBNK managed?
CCLO is actively managed by CIBC. It does not track an index. HBNK 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: CCLO or HBNK?
Year to date, CCLO has seen -$36.51 M in net flows, compared with -$445.21 M for HBNK. CCLO has attracted more net investor money so far.
How do the fees of CCLO and HBNK compare?
CCLO has an expense ratio of 0.30%, while HBNK has an expense ratio of 0.10%.
Recent articles about CCLO and HBNK
From CLOs to 3x Bets: New ETFs Shake Up the Canadian Market
Canadian investors now have two new ways to play: high-quality yield or high-octane trades.
Posted on 5/26/2025 by ETF Market Canada inLaunches
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