VS
When evaluating costs, DLR features a management fee (MER) of 0.6%, compared to 0.28% for HEWB. Performance-wise, DLR has returned 0.15% year-to-date with +$95 M in net flows, whereas HEWB is at 14.46% 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
DLR
HEWB
| AuM | $335.35 M | $288.82 M |
| Management Fees | 0.60% | 0.28% |
| Exp. ratio | 0.57% | 0.28% |
| Tracking Difference | 3.18% | -0.80% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DLR | -1.88% | +0.06% | -0.15% | +1.25% | +8.83% |
HEWB | +10.90% | +13.00% | +14.46% | +66.21% | +117.59% | |
| Flows | DLR | +$77 M | +$49 M | +$95 M | +$117 M | +$197 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
DLR vs HEWB exposure
Countries
DLR
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
DLR
Exposure data will be available soon
HEWB
Financials
99.99%
As of May 1, 2026
Top 10 Holdings
DLR
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
DLR
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
DLR
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Bloomberg USDCAD Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Currencies | Equity |
| Dividend Policy | No income | Capitalization |
| Trailing 12m distribution yield | 3.75% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 11, 2011 | January 23, 2019 |
Frequently asked questions about DLR and HEWB
Which ETF has performed better year to date: DLR or HEWB?
As of May 1, 2026, DLR has returned -0.15% year to date, while HEWB has returned 14.46%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: DLR or HEWB?
As of May 1, 2026, DLR manages $335.35 M in assets, while HEWB manages $288.82 M. DLR is the larger fund by AUM.
How are DLR and HEWB managed?
DLR is passively managed by Global X. It tracks the Bloomberg USDCAD Index - CAD benchmark. 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: DLR or HEWB?
Year to date, DLR has seen +$95.04 M in net flows, compared with +$12.19 M for HEWB. DLR has attracted more net investor money so far.
How do the fees of DLR and HEWB compare?
DLR has an expense ratio of 0.57%, while HEWB has an expense ratio of 0.28%.
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