VS
When evaluating costs, CTBF features a management fee (MER) of 0.15%, compared to 0.28% for HEWB. Performance-wise, CTBF has returned 1.21% year-to-date with +$20 M in net flows, whereas HEWB is at 28.02% with +$14 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
CTBF
HEWB
| AuM | $70.28 M | $324.95 M |
| Management Fees | 0.15% | 0.28% |
| Exp. ratio | 0.23% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTBF | +1.41% | +0.68% | +1.21% | +3.86% | - |
HEWB | +10.08% | +24.67% | +28.02% | +71.33% | +148.16% | |
| Flows | CTBF | +$3 M | +$10 M | +$20 M | +$47 M | - |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
CTBF vs HEWB exposure
Countries
CTBF
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
CTBF
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 17, 2026
Top 10 Holdings
CTBF
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
CTBF
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
CTBF
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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.02% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | July 16, 2024 | January 23, 2019 |
Frequently asked questions about CTBF and HEWB
Which ETF has performed better year to date: CTBF or HEWB?
As of June 17, 2026, CTBF has returned 1.21% year to date, while HEWB has returned 28.02%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CTBF or HEWB?
As of June 17, 2026, CTBF manages $70.28 M in assets, while HEWB manages $324.95 M. HEWB is the larger fund by AUM.
How are CTBF and HEWB managed?
CTBF 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: CTBF or HEWB?
Year to date, CTBF has seen +$19.71 M in net flows, compared with +$14.05 M for HEWB. CTBF has attracted more net investor money so far.
How do the fees of CTBF and HEWB compare?
CTBF has an expense ratio of 0.23%, while HEWB has an expense ratio of 0.28%.
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