VS
When evaluating costs, DGLM features a management fee (MER) of 0.9%, compared to 0.28% for HEWB. Performance-wise, DGLM has returned 21.45% year-to-date with +$0 M in net flows, whereas HEWB is at 28.23% with +$29 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
DGLM
HEWB
| AuM | $94.67 M | $340.04 M |
| Management Fees | 0.90% | 0.28% |
| Exp. ratio | 0.13% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DGLM | +1.53% | +8.44% | +21.45% | +16.38% | - |
HEWB | -3.83% | -3.29% | +28.23% | +42.92% | +168.60% | |
| Flows | DGLM | +$0 M | +$0 M | +$0 M | +$0 M | - |
HEWB | -$3 M | +$6 M | +$29 M | +$28 M | +$33 M |
DGLM vs HEWB exposure
Countries
DGLM
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
DGLM
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 19, 2026
Top 10 Holdings
DGLM
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
DGLM
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
DGLM
HEWB
| Provider | Desjardins Investments | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Commodity, Currencies, Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 1.45% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 28, 2025 | January 23, 2019 |
Frequently asked questions about DGLM and HEWB
Which ETF has performed better year to date: DGLM or HEWB?
As of October 19, 2026, DGLM has returned 21.45% year to date, while HEWB has returned 28.23%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: DGLM or HEWB?
As of October 19, 2026, DGLM manages $94.67 M in assets, while HEWB manages $340.04 M. HEWB is the larger fund by AUM.
How are DGLM and HEWB managed?
DGLM is actively managed by Desjardins Investments. 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: DGLM or HEWB?
Year to date, DGLM has seen +$0.00 M in net flows, compared with +$29.05 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of DGLM and HEWB compare?
DGLM has an expense ratio of 0.13%, while HEWB has an expense ratio of 0.28%.
Recent articles about DGLM and HEWB
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.





