FCCM
Fidelity Canadian Momentum Index ETF

Full FCCM fund page
VS
HEWB
Global X Equal Weight Canadian Banks Index Corporate Class ETF

Full HEWB fund page

When evaluating costs, FCCM features a management fee (MER) of 0.35%, compared to 0.28% for HEWB. Performance-wise, FCCM has returned 14.2% year-to-date with +$394 M in net flows, whereas HEWB is at 30.69% with +$32 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-6.0-4.0-2.00.0%Aug 17Aug 24Aug 31Sep 8Sep 15

Key Data

Historical performance and flows

As of September 17, 2026
1M3MYTD1Y3Y
Perf.
FCCM
-0.97%+2.50%+14.20%+30.94%+113.62%
HEWB
-3.97%+2.09%+30.69%+48.97%+153.83%
Flows
FCCM
+$32 M+$116 M+$394 M+$544 M+$951 M
HEWB
+$6 M+$18 M+$32 M+$32 M+$39 M

FCCM vs HEWB exposure

Countries

FCCM
Exposure data will be available soon
HEWB
Canada
100.00%

Sectors

FCCM
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 17, 2026

Top 10 Holdings

FCCM
Exposure data will be available soon
HEWB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%

Diversification

FCCM
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%

Characteristics

Compare
FCCM
HEWB
ProviderFidelityGlobal X
ManagementPassively managedPassively managed
BenchmarkFidelity Canada Canadian Momentum GTR Index - CADSolactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingCapitalization
Trailing 12m distribution yield0.82%0.00%
Meets ESG criteriaNoNo
Inception DateJune 10, 2020January 23, 2019

Frequently asked questions about FCCM and HEWB

Which ETF has performed better year to date: FCCM or HEWB?
As of September 17, 2026, FCCM has returned 14.20% year to date, while HEWB has returned 30.69%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FCCM or HEWB?
As of September 17, 2026, FCCM manages $1.31 B in assets, while HEWB manages $350.07 M. FCCM is the larger fund by AUM.
How are FCCM and HEWB managed?
FCCM is passively managed by Fidelity. It tracks the Fidelity Canada Canadian Momentum GTR 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: FCCM or HEWB?
Year to date, FCCM has seen +$394.05 M in net flows, compared with +$32.44 M for HEWB. FCCM has attracted more net investor money so far.
How do the fees of FCCM and HEWB compare?
FCCM has an expense ratio of 0.38%, while HEWB has an expense ratio of 0.28%.

Recent articles about FCCM and HEWB

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