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Compare CI First Asset CanBanc Income Class ETF (CIC) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. CIC and HBNK provide the same top sector exposures: Finance. When evaluating costs, CIC features a management fee (MER) of 0.65%, compared to 0.09% for HBNK. Performance-wise, CIC has returned 23.65% year-to-date with -$117 M in net flows, whereas HBNK is at 29.54% with -$483 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
CIC
HBNK
| AuM | $332.79 M | $743.98 M |
| Management Fees | 0.65% | 0.09% |
| Exp. ratio | 0.80% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CIC | -2.54% | -2.31% | +23.65% | +35.60% | +138.77% |
HBNK | -3.01% | -2.40% | +29.54% | +44.46% | +179.51% | |
| Flows | CIC | +$1 M | -$9 M | -$117 M | -$107 M | -$16 M |
HBNK | +$0 M | -$22 M | -$483 M | -$530 M | -$197 M |
CIC vs HBNK exposure
Countries
CIC
Canada
100.28%
HBNK
Canada
99.74%
Sectors
CIC
Finance
100.28%
HBNK
Finance
99.74%
As of October 20, 2026
Top 10 Holdings
CIC
The Bank of Nova Scotia
17.33%
Royal Bank of Canada
16.79%
Canadian Imperial Bank of Commerce
16.75%
The Toronto-Dominion Bank
16.69%
Bank of Montreal
16.38%
National Bank of Canada
16.34%
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
Diversification
CIC
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
CIC
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 | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 5.45% | 2.68% |
| Meets ESG criteria | No | No |
| Inception Date | August 18, 2010 | July 5, 2023 |
Frequently asked questions about CIC and HBNK
Which ETF has performed better year to date: CIC or HBNK?
As of October 20, 2026, CIC has returned 23.65% year to date, while HBNK has returned 29.54%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: CIC or HBNK?
As of October 20, 2026, CIC manages $332.79 M in assets, while HBNK manages $743.98 M. HBNK is the larger fund by AUM.
How are CIC and HBNK managed?
CIC 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 CIC and HBNK emphasize?
CIC is most exposed to Finance. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: CIC or HBNK?
Year to date, CIC has seen -$117.36 M in net flows, compared with -$483.41 M for HBNK. CIC has attracted more net investor money so far.
How do the fees of CIC and HBNK compare?
CIC has an expense ratio of 0.80%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of CIC and HBNK?
CIC's largest holdings include The Bank of Nova Scotia, Royal Bank of Canada, and Canadian Imperial Bank of Commerce. HBNK's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: CIC or HBNK?
CIC holds 6 securities, while HBNK holds 6. On holdings count, CIC is the more diversified portfolio.
Recent articles about CIC and HBNK
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.