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CIBC All-Equity ETF Portfolio ETF (CEQY) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CEQY focuses its top 3 sector exposures on Technology, Finance, and Industrials, while HEWB leans towards Finance. When evaluating costs, CEQY features a management fee (MER) of 0.15%, compared to 0.28% for HEWB. Performance-wise, CEQY has returned 12.3% year-to-date with +$6 M in net flows, whereas HEWB is at 32.58% 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
CEQY
HEWB
| AuM | $7.41 M | $345.76 M |
| Management Fees | 0.15% | 0.28% |
| Exp. ratio | 0.15% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CEQY | -1.53% | +5.36% | +12.30% | - | - |
HEWB | +1.97% | +16.45% | +32.58% | +67.04% | +147.84% | |
| Flows | CEQY | +$1 M | +$4 M | +$6 M | - | - |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$25 M |
CEQY vs HEWB exposure
Countries
CEQY
USA
44.40%
Canada
25.93%
Other
29.66%
HEWB
Canada
100.00%
Sectors
CEQY
Technology
27.03%
Finance
24.31%
Industrials
9.72%
Non-Energy Materials
7.34%
Other
31.60%
HEWB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
CEQY
NVIDIA Corp.
3.24%
Apple, Inc.
2.98%
Royal Bank of Canada
2.24%
Microsoft Corp.
1.85%
Amazon.com, Inc.
1.62%
The Toronto-Dominion Bank
1.56%
Alphabet, Inc.
1.46%
Broadcom Inc.
1.19%
Alphabet, Inc.
1.15%
Shopify, Inc.
1.09%
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
CEQY
Total weight of top 10 holdings out of 6,225 total
18.37%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CEQY
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 | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 25, 2025 | January 23, 2019 |
Frequently asked questions about CEQY and HEWB
Which ETF has performed better year to date: CEQY or HEWB?
As of July 20, 2026, CEQY has returned 12.30% year to date, while HEWB has returned 32.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CEQY or HEWB?
As of July 20, 2026, CEQY manages $7.41 M in assets, while HEWB manages $345.76 M. HEWB is the larger fund by AUM.
How are CEQY and HEWB managed?
CEQY 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.
What sectors do CEQY and HEWB emphasize?
CEQY is most exposed to Technology, Finance, and Industrials. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: CEQY or HEWB?
Year to date, CEQY has seen +$5.72 M in net flows, compared with +$23.13 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of CEQY and HEWB compare?
CEQY has an expense ratio of 0.15%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of CEQY and HEWB?
CEQY's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. HEWB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CEQY or HEWB?
CEQY holds 6100 securities, while HEWB holds 6. On holdings count, CEQY is the more diversified portfolio.
Recent articles about CEQY and HEWB
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