VS
When evaluating costs, CUDC features a management fee (MER) of 0.5%, compared to 0.28% for HEWB. Performance-wise, CUDC has returned 1.79% year-to-date with -$3 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
CUDC
HEWB
| AuM | $7.40 M | $353.97 M |
| Management Fees | 0.50% | 0.28% |
| Exp. ratio | 0.50% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CUDC | +0.32% | +4.05% | +1.79% | - | - |
HEWB | +6.03% | +19.86% | +35.73% | +71.14% | +157.48% | |
| Flows | CUDC | -$0 M | +$0 M | -$3 M | - | - |
HEWB | +$9 M | +$16 M | +$23 M | +$22 M | +$25 M |
CUDC vs HEWB exposure
Countries
CUDC
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
CUDC
Exposure data will be available soon
HEWB
Finance
100.00%
As of July 16, 2026
Top 10 Holdings
CUDC
Exposure data will be available soon
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
CUDC
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
CUDC
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 | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 25, 2025 | January 23, 2019 |
Frequently asked questions about CUDC and HEWB
Which ETF has performed better year to date: CUDC or HEWB?
As of July 16, 2026, CUDC has returned 1.79% year to date, while HEWB has returned 35.73%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: CUDC or HEWB?
As of July 16, 2026, CUDC manages $7.40 M in assets, while HEWB manages $353.97 M. HEWB is the larger fund by AUM.
How are CUDC and HEWB managed?
CUDC 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: CUDC or HEWB?
Year to date, CUDC has seen -$2.91 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 CUDC and HEWB compare?
CUDC has an expense ratio of 0.50%, while HEWB has an expense ratio of 0.28%.
Recent articles about CUDC and HEWB
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