VS
When evaluating costs, FCGB features a management fee (MER) of 0.5%, compared to 0.28% for HEWB. Performance-wise, FCGB has returned 0.47% year-to-date with +$168 M in net flows, whereas HEWB is at 11.91% with +$7 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
FCGB
HEWB
| AuM | $1,603.39 M | $277.71 M |
| Management Fees | 0.50% | 0.28% |
| Exp. ratio | 0.56% | 0.28% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of April 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCGB | +0.27% | -0.09% | +0.47% | +3.39% | +5.01% |
HEWB | +9.41% | +10.00% | +11.91% | +70.95% | +112.91% | |
| Flows | FCGB | +$24 M | +$151 M | +$168 M | +$397 M | +$869 M |
HEWB | +$3 M | +$5 M | +$7 M | +$3 M | -$8 M |
FCGB vs HEWB exposure
Countries
FCGB
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
FCGB
Exposure data will be available soon
HEWB
Financials
99.99%
As of April 15, 2026
Top 10 Holdings
FCGB
Exposure data will be available soon
HEWB
TORONTO DOMINION
17.51%
BNS
17.08%
CDN IMPERIAL BK
17.02%
ROYAL BK CANADA
16.58%
NATIONAL BANK OF CANADA
15.93%
BANK OF MONTREAL
15.87%
Diversification
FCGB
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
FCGB
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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 3.21% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 25, 2019 | January 23, 2019 |
Frequently asked questions about FCGB and HEWB
Which ETF has performed better year to date: FCGB or HEWB?
As of April 15, 2026, FCGB has returned 0.47% year to date, while HEWB has returned 11.91%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FCGB or HEWB?
As of April 15, 2026, FCGB manages $1.60 B in assets, while HEWB manages $277.71 M. FCGB is the larger fund by AUM.
How are FCGB and HEWB managed?
FCGB 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: FCGB or HEWB?
Year to date, FCGB has seen +$167.66 M in net flows, compared with +$7.48 M for HEWB. FCGB has attracted more net investor money so far.
How do the fees of FCGB and HEWB compare?
FCGB has an expense ratio of 0.56%, while HEWB has an expense ratio of 0.28%.
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