VS
When evaluating costs, CNDU features a management fee (MER) of 1.15%, compared to 0.28% for HEWB. Performance-wise, CNDU has returned 32.06% year-to-date with -$3 M in net flows, whereas HEWB is at 32.25% with +$27 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
CNDU
HEWB
| AuM | $88.96 M | $348.73 M |
| Management Fees | 1.15% | 0.28% |
| Exp. ratio | 1.61% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CNDU | +4.02% | +12.16% | +32.06% | +56.66% | +192.15% |
HEWB | -0.34% | +10.99% | +32.25% | +55.27% | +160.78% | |
| Flows | CNDU | -$3 M | -$3 M | -$3 M | +$2 M | -$19 M |
HEWB | +$0 M | +$15 M | +$27 M | +$26 M | +$33 M |
CNDU vs HEWB exposure
Countries
CNDU
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
CNDU
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 3, 2026
Top 10 Holdings
CNDU
Exposure data will be available soon
HEWB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
CNDU
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CNDU
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX 60 Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 8, 2007 | January 23, 2019 |
Frequently asked questions about CNDU and HEWB
Which ETF has performed better year to date: CNDU or HEWB?
As of September 3, 2026, CNDU has returned 32.06% year to date, while HEWB has returned 32.25%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CNDU or HEWB?
As of September 3, 2026, CNDU manages $88.96 M in assets, while HEWB manages $348.73 M. HEWB is the larger fund by AUM.
How are CNDU and HEWB managed?
CNDU is passively managed by Global X. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark. 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: CNDU or HEWB?
Year to date, CNDU has seen -$2.53 M in net flows, compared with +$26.99 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of CNDU and HEWB compare?
CNDU has an expense ratio of 1.61%, while HEWB has an expense ratio of 0.28%.
Recent articles about CNDU and HEWB
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.