VS
When evaluating costs, CCLO features a management fee (MER) of 0.3%, compared to 0.28% for HEWB. Performance-wise, CCLO has returned 0.5% year-to-date with -$37 M in net flows, whereas HEWB is at 14.46% with +$12 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
HEWB
| AuM | $48.52 M | $288.82 M |
| Management Fees | 0.30% | 0.28% |
| Exp. ratio | 0.30% | 0.28% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of April 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCLO | -0.05% | +0.17% | +0.50% | - | - |
HEWB | +10.90% | +13.00% | +14.46% | +66.21% | +117.59% | |
| Flows | CCLO | -$3 M | -$23 M | -$37 M | - | - |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
CCLO vs HEWB exposure
Countries
CCLO
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
CCLO
Exposure data will be available soon
HEWB
Financials
99.99%
As of April 30, 2026
Top 10 Holdings
CCLO
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
CCLO
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
CCLO
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 | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 21, 2025 | January 23, 2019 |
Frequently asked questions about CCLO and HEWB
Which ETF has performed better year to date: CCLO or HEWB?
As of April 30, 2026, CCLO has returned 0.50% year to date, while HEWB has returned 14.46%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CCLO or HEWB?
As of April 30, 2026, CCLO manages $48.52 M in assets, while HEWB manages $288.82 M. HEWB is the larger fund by AUM.
How are CCLO and HEWB managed?
CCLO 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: CCLO or HEWB?
Year to date, CCLO has seen -$36.51 M in net flows, compared with +$12.19 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of CCLO and HEWB compare?
CCLO has an expense ratio of 0.30%, while HEWB has an expense ratio of 0.28%.
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