VS
When evaluating costs, FAUS features a management fee (MER) of 0.6%, compared to 0.28% for HEWB. Performance-wise, FAUS has returned 12.63% year-to-date with -$2 M in net flows, whereas HEWB is at 29.28% 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
FAUS
HEWB
| AuM | $2.07 M | $342.83 M |
| Management Fees | 0.60% | 0.28% |
| Exp. ratio | 0.82% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FAUS | -0.67% | +2.28% | +12.63% | +14.62% | - |
HEWB | -3.04% | -2.49% | +29.28% | +44.09% | +177.79% | |
| Flows | FAUS | +$0 M | -$0 M | -$2 M | -$3 M | - |
HEWB | -$3 M | +$6 M | +$29 M | +$28 M | +$33 M |
FAUS vs HEWB exposure
Countries
FAUS
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
FAUS
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 20, 2026
Top 10 Holdings
FAUS
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
FAUS
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FAUS
HEWB
| Provider | Fidelity | 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% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2025 | January 23, 2019 |
Frequently asked questions about FAUS and HEWB
Which ETF has performed better year to date: FAUS or HEWB?
As of October 20, 2026, FAUS has returned 12.63% year to date, while HEWB has returned 29.28%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FAUS or HEWB?
As of October 20, 2026, FAUS manages $2.07 M in assets, while HEWB manages $342.83 M. HEWB is the larger fund by AUM.
How are FAUS and HEWB managed?
FAUS is actively managed by Fidelity. 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: FAUS or HEWB?
Year to date, FAUS has seen -$2.39 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 FAUS and HEWB compare?
FAUS has an expense ratio of 0.82%, while HEWB has an expense ratio of 0.28%.
Recent articles about FAUS 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.