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CI Growth Asset Allocation ETF (CGRO) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CGRO focuses its top 3 sector exposures on Technology, Finance, and Industrials, while HBNK leans towards Finance. When evaluating costs, CGRO features a management fee (MER) of 0.22%, compared to 0.09% for HBNK. Performance-wise, CGRO has returned 10.3% year-to-date with +$24 M in net flows, whereas HBNK is at 35.86% with -$461 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
CGRO
HBNK
| AuM | $89.77 M | $807.27 M |
| Management Fees | 0.22% | 0.09% |
| Exp. ratio | 0.29% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CGRO | -1.10% | +3.79% | +10.30% | +21.20% | +61.29% |
HBNK | +6.04% | +19.91% | +35.86% | +71.53% | +159.08% | |
| Flows | CGRO | +$5 M | +$11 M | +$24 M | +$35 M | +$73 M |
HBNK | -$44 M | +$39 M | -$461 M | -$767 M | +$3 M |
CGRO vs HBNK exposure
Countries
CGRO
Canada
36.44%
USA
31.11%
Other
32.45%
HBNK
Canada
100.00%
Sectors
CGRO
Technology
20.67%
Finance
19.13%
Industrials
7.95%
Non-Energy Materials
7.22%
Other
45.03%
HBNK
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
CGRO
CA12548U1075
3.92%
NVIDIA Corp.
2.19%
Apple, Inc.
1.99%
Royal Bank of Canada
1.70%
Microsoft Corp.
1.47%
The Toronto-Dominion Bank
1.22%
Amazon.com, Inc.
1.16%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.04%
Alphabet, Inc.
0.98%
Broadcom Inc.
0.92%
HBNK
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
CGRO
Total weight of top 10 holdings out of 7,813 total
16.60%
HBNK
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CGRO
HBNK
| Provider | CI | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.60% | 2.48% |
| Meets ESG criteria | No | No |
| Inception Date | May 17, 2023 | July 5, 2023 |
Frequently asked questions about CGRO and HBNK
Which ETF has performed better year to date: CGRO or HBNK?
As of July 17, 2026, CGRO has returned 10.30% year to date, while HBNK has returned 35.86%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: CGRO or HBNK?
As of July 17, 2026, CGRO manages $89.77 M in assets, while HBNK manages $807.27 M. HBNK is the larger fund by AUM.
How are CGRO and HBNK managed?
CGRO is actively managed by CI. 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.
What sectors do CGRO and HBNK emphasize?
CGRO is most exposed to Technology, Finance, and Industrials. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: CGRO or HBNK?
Year to date, CGRO has seen +$24.06 M in net flows, compared with -$461.23 M for HBNK. CGRO has attracted more net investor money so far.
How do the fees of CGRO and HBNK compare?
CGRO has an expense ratio of 0.29%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of CGRO and HBNK?
CGRO's largest holdings include NVIDIA Corp. and Apple, Inc.. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CGRO or HBNK?
CGRO holds 7608 securities, while HBNK holds 6. On holdings count, CGRO is the more diversified portfolio.
Recent articles about CGRO and HBNK
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