VS
When evaluating costs, CQLU features a management fee (MER) of 0.3%, compared to 0.28% for HEWB. Performance-wise, CQLU has returned 3.06% year-to-date with +$132 M in net flows, whereas HEWB is at 13.31% with +$12 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
CQLU
HEWB
| AuM | $1,041.48 M | $285.91 M |
| Management Fees | 0.30% | 0.28% |
| Exp. ratio | 0.34% | 0.28% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of May 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CQLU | -2.64% | -2.29% | +3.06% | +1.28% | +28.98% |
HEWB | +8.78% | +10.95% | +13.31% | +63.09% | +117.70% | |
| Flows | CQLU | +$82 M | +$128 M | +$132 M | +$195 M | +$1,087 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
CQLU vs HEWB exposure
Countries
CQLU
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
CQLU
Exposure data will be available soon
HEWB
Financials
99.99%
As of May 5, 2026
Top 10 Holdings
CQLU
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
CQLU
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
CQLU
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 | 1.62% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 16, 2021 | January 23, 2019 |
Frequently asked questions about CQLU and HEWB
Which ETF has performed better year to date: CQLU or HEWB?
As of May 5, 2026, CQLU has returned 3.06% year to date, while HEWB has returned 13.31%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CQLU or HEWB?
As of May 5, 2026, CQLU manages $1.04 B in assets, while HEWB manages $285.91 M. CQLU is the larger fund by AUM.
How are CQLU and HEWB managed?
CQLU 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.
Which ETF is attracting more investor flows: CQLU or HEWB?
Year to date, CQLU has seen +$131.78 M in net flows, compared with +$12.19 M for HEWB. CQLU has attracted more net investor money so far.
How do the fees of CQLU and HEWB compare?
CQLU has an expense ratio of 0.34%, while HEWB has an expense ratio of 0.28%.
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