VS
When evaluating costs, EQY features a management fee (MER) of 0.13%, compared to 0.28% for HEWB. Performance-wise, EQY has returned 17.42% year-to-date with +$3 M in net flows, whereas HEWB is at 25.86% 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
EQY
HEWB
| AuM | $6.13 M | $333.68 M |
| Management Fees | 0.13% | 0.28% |
| Exp. ratio | 0.22% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EQY | +2.77% | +2.95% | +17.42% | +19.14% | - |
HEWB | -2.27% | -4.61% | +25.86% | +41.43% | +158.78% | |
| Flows | EQY | +$0 M | +$1 M | +$3 M | +$3 M | - |
HEWB | -$3 M | +$6 M | +$29 M | +$28 M | +$35 M |
EQY vs HEWB exposure
Countries
EQY
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
EQY
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 9, 2026
Top 10 Holdings
EQY
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
EQY
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
EQY
HEWB
| Provider | Franklin Templeton | 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 | 1.17% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 5, 2024 | January 23, 2019 |
Frequently asked questions about EQY and HEWB
Which ETF has performed better year to date: EQY or HEWB?
As of October 9, 2026, EQY has returned 17.42% year to date, while HEWB has returned 25.86%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: EQY or HEWB?
As of October 9, 2026, EQY manages $6.13 M in assets, while HEWB manages $333.68 M. HEWB is the larger fund by AUM.
How are EQY and HEWB managed?
EQY is actively managed by Franklin Templeton. 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: EQY or HEWB?
Year to date, EQY has seen +$2.83 M in net flows, compared with +$28.98 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of EQY and HEWB compare?
EQY has an expense ratio of 0.22%, while HEWB has an expense ratio of 0.28%.
Recent articles about EQY and HEWB
Franklin Multi-Asset ETF Portfolios: Diversified Investing for Every Risk Tolerance
Rob Marrocco, Global Head of ETFs for Cboe Global Markets chats with Mike Greenberg, SVP and Global Head of Americas Portfolio Management for Franklin Templeton about the firm’s Multi-Asset ETF Portfolios, highlighting its variety and competitive edge.
Posted on 8/6/2024 by ETF Market Canada inETF Ecosystem
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.