VS
CI Target 2030 Investment Grade Bond Fund ETF (CTMC) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CTMC focuses its top 3 sector exposures on Real estate investment and services, Power, and Banks, while HEWB leans towards Finance. When evaluating costs, CTMC features a management fee (MER) of 0.15%, compared to 0.28% for HEWB. Performance-wise, CTMC has returned 1.31% year-to-date with +$1 M in net flows, whereas HEWB is at 35.73% with +$23 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
CTMC
HEWB
| AuM | $1.99 M | $353.97 M |
| Management Fees | 0.15% | 0.28% |
| Exp. ratio | 0.23% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CTMC | -0.09% | +0.54% | +1.31% | - | - |
HEWB | +6.03% | +19.86% | +35.73% | +71.14% | +157.48% | |
| Flows | CTMC | +$0 M | +$1 M | +$1 M | - | - |
HEWB | +$9 M | +$16 M | +$23 M | +$22 M | +$25 M |
CTMC vs HEWB exposure
Countries
CTMC
Other
50.51%
Canada
45.86%
HEWB
Canada
100.00%
Sectors
CTMC
Other
50.51%
Real estate investment and services
8.20%
Other
41.30%
HEWB
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
CTMC
CA13607P5X87
4.15%
Province of Ontario, 1.35% 2dec2030, CAD (DMTN248)
4.04%
CA06368MRF37
4.02%
CA892329CD33
3.95%
MCAP Commercial, 4.816% 4mar2030, CAD
3.86%
CA26154EAJ79
3.85%
CA438121BL85
3.79%
Verizon Communications, 2.5% 16may2030, CAD
3.63%
Granite REIT Holdings, 2.378% 18dec2030, CAD
3.60%
CT Real Estate Investment Trust, 2.371% 6jan2031, CAD (G)
3.57%
HEWB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
CTMC
Total weight of top 10 holdings out of 31 total
38.45%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CTMC
HEWB
| Provider | CI | 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 | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 3, 2025 | January 23, 2019 |
Frequently asked questions about CTMC and HEWB
Which ETF has performed better year to date: CTMC or HEWB?
As of July 17, 2026, CTMC has returned 1.31% year to date, while HEWB has returned 35.73%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CTMC or HEWB?
As of July 17, 2026, CTMC manages $1.99 M in assets, while HEWB manages $353.97 M. HEWB is the larger fund by AUM.
How are CTMC and HEWB managed?
CTMC is actively managed by CI. 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.
What sectors do CTMC and HEWB emphasize?
CTMC is most exposed to Real estate investment and services, Power, and Banks. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: CTMC or HEWB?
Year to date, CTMC has seen +$0.99 M in net flows, compared with +$23.13 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of CTMC and HEWB compare?
CTMC has an expense ratio of 0.23%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of CTMC and HEWB?
CTMC's largest holdings include Province of Ontario, 1.35% 2dec2030, CAD (DMTN248) and MCAP Commercial, 4.816% 4mar2030, CAD. HEWB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: CTMC or HEWB?
CTMC holds 17 securities, while HEWB holds 6. On holdings count, CTMC is the more diversified portfolio.
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