VS
When evaluating costs, DXV features a management fee (MER) of 0.3%, compared to 0.28% for HEWB. Performance-wise, DXV has returned 0.91% year-to-date with +$35 M in net flows, whereas HEWB is at 11.92% 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
DXV
HEWB
| AuM | $353.94 M | $282.40 M |
| Management Fees | 0.30% | 0.28% |
| Exp. ratio | 0.33% | 0.28% |
| Tracking Difference | - | -0.79% |
Historical performance and flows
As of April 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | DXV | +0.35% | +0.55% | +0.91% | +3.89% | +15.23% |
HEWB | +12.65% | +11.10% | +11.92% | +63.43% | +112.75% | |
| Flows | DXV | +$9 M | +$15 M | +$35 M | +$123 M | +$235 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
DXV vs HEWB exposure
Countries
DXV
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
DXV
Exposure data will be available soon
HEWB
Financials
99.99%
As of April 29, 2026
Top 10 Holdings
DXV
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
DXV
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
DXV
HEWB
| Provider | Dynamic Funds | 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 | 3.15% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2018 | January 23, 2019 |
Frequently asked questions about DXV and HEWB
Which ETF has performed better year to date: DXV or HEWB?
As of April 29, 2026, DXV has returned 0.91% year to date, while HEWB has returned 11.92%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: DXV or HEWB?
As of April 29, 2026, DXV manages $353.94 M in assets, while HEWB manages $282.40 M. DXV is the larger fund by AUM.
How are DXV and HEWB managed?
DXV is actively managed by Dynamic Funds. 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: DXV or HEWB?
Year to date, DXV has seen +$34.50 M in net flows, compared with +$12.19 M for HEWB. DXV has attracted more net investor money so far.
How do the fees of DXV and HEWB compare?
DXV has an expense ratio of 0.33%, while HEWB has an expense ratio of 0.28%.
Recent articles about DXV and HEWB
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