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Compare Global X S&P/TSX 60 Index ETF (CNDX) vs Harvest Low Volatility Canadian Equity ETF (HVOL) to find the best fit for your portfolio. CNDX provides Finance, Energy, and Non-Energy Materials exposures, while HVOL is primarily weighted in Finance, Energy, and Industrials. When evaluating costs, CNDX features a management fee (MER) of 0.13%, compared to 0.35% for HVOL. Performance-wise, CNDX has returned 17.06% year-to-date with +$377 M in net flows, whereas HVOL is at 12.93% with +$0 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
CNDX
HVOL
| AuM | $1,117.67 M | $5.87 M |
| Management Fees | 0.13% | 0.35% |
| Exp. ratio | 0.10% | 0.35% |
| Tracking Difference | -0.08% | - |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CNDX | +2.29% | +2.67% | +17.06% | +21.80% | - |
HVOL | +1.68% | -0.57% | +12.93% | +15.27% | - | |
| Flows | CNDX | -$16 M | -$234 M | +$377 M | +$376 M | - |
HVOL | -$0 M | +$2 M | +$0 M | +$0 M | - |
CNDX vs HVOL exposure
Countries
CNDX
Canada
97.64%
HVOL
Canada
96.19%
Sectors
CNDX
Finance
46.48%
Energy
17.04%
Non-Energy Materials
14.13%
Other
22.35%
HVOL
Finance
39.31%
Energy
12.89%
Industrials
9.89%
Non-Energy Materials
7.52%
Utilities
7.18%
Other
23.20%
As of October 15, 2026
Top 10 Holdings
CNDX
Royal Bank of Canada
9.54%
The Toronto-Dominion Bank
6.75%
Shopify, Inc.
6.00%
Bank of Montreal
3.99%
The Bank of Nova Scotia
3.76%
Enbridge, Inc.
3.69%
Canadian Natural Resources Ltd.
3.49%
Canadian Imperial Bank of Commerce
3.49%
Agnico Eagle Mines Ltd.
3.44%
Brookfield Corp.
2.94%
HVOL
The Bank of Nova Scotia
4.66%
The Toronto-Dominion Bank
4.55%
Royal Bank of Canada
4.54%
Canadian Pacific Kansas City Ltd.
4.06%
Canadian Imperial Bank of Commerce
4.02%
National Bank of Canada
3.98%
Bank of Montreal
3.95%
Canadian National Railway Co.
3.63%
Sun Life Financial, Inc.
3.59%
Fortis, Inc.
3.37%
Diversification
CNDX
Total weight of top 10 holdings out of 60 total
47.08%
HVOL
Total weight of top 10 holdings out of 40 total
40.35%
Characteristics
Compare
CNDX
HVOL
| Provider | Global X | Harvest Portfolios Group |
| Management | Passively managed | Actively managed |
| Benchmark | S&P/TSX 60 Total Return Index - CAD | - |
| Replication Method | Direct (Physical) | - |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.14% | 1.73% |
| Meets ESG criteria | No | No |
| Inception Date | May 14, 2024 | April 15, 2025 |
Frequently asked questions about CNDX and HVOL
Which ETF has performed better year to date: CNDX or HVOL?
As of October 15, 2026, CNDX has returned 17.06% year to date, while HVOL has returned 12.93%. CNDX is ahead on YTD performance.
Which ETF is larger by assets under management: CNDX or HVOL?
As of October 15, 2026, CNDX manages $1.12 B in assets, while HVOL manages $5.87 M. CNDX is the larger fund by AUM.
How are CNDX and HVOL managed?
CNDX is passively managed by Global X. It tracks the S&P/TSX 60 Total Return Index - CAD benchmark. HVOL is actively managed by Harvest Portfolios Group. It does not track an index.
What sectors do CNDX and HVOL emphasize?
CNDX is most exposed to Finance, Energy, and Non-Energy Materials. HVOL is most exposed to Finance, Energy, and Industrials.
Which ETF is attracting more investor flows: CNDX or HVOL?
Year to date, CNDX has seen +$377.44 M in net flows, compared with +$0.36 M for HVOL. CNDX has attracted more net investor money so far.
How do the fees of CNDX and HVOL compare?
CNDX has an expense ratio of 0.10%, while HVOL has an expense ratio of 0.35%.
What are the top holdings of CNDX and HVOL?
CNDX's largest holdings include Royal Bank of Canada, The Toronto-Dominion Bank, and Shopify, Inc.. HVOL's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada.
Which ETF is more diversified: CNDX or HVOL?
CNDX holds 60 securities, while HVOL holds 40. On holdings count, CNDX is the more diversified portfolio.
Recent articles about CNDX and HVOL
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