VS
When evaluating costs, FCII features a management fee (MER) of 0.99%, compared to 0.28% for HEWB. Performance-wise, FCII has returned 10.28% year-to-date with +$4 M in net flows, whereas HEWB is at 30.27% with +$27 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
FCII
HEWB
| AuM | $23.16 M | $343.43 M |
| Management Fees | 0.99% | 0.28% |
| Exp. ratio | 0.92% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCII | -3.86% | -2.41% | +10.28% | +18.62% | +49.03% |
HEWB | -1.83% | +8.84% | +30.27% | +54.40% | +156.87% | |
| Flows | FCII | +$1 M | +$1 M | +$4 M | +$6 M | +$2 M |
HEWB | +$0 M | +$15 M | +$27 M | +$26 M | +$33 M |
FCII vs HEWB exposure
Countries
FCII
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
FCII
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 2, 2026
Top 10 Holdings
FCII
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
FCII
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FCII
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 | 3.41% | 0.00% |
| Meets ESG criteria | Yes | No |
| Inception Date | June 29, 2021 | January 23, 2019 |
Frequently asked questions about FCII and HEWB
Which ETF has performed better year to date: FCII or HEWB?
As of September 2, 2026, FCII has returned 10.28% year to date, while HEWB has returned 30.27%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FCII or HEWB?
As of September 2, 2026, FCII manages $23.16 M in assets, while HEWB manages $343.43 M. HEWB is the larger fund by AUM.
How are FCII and HEWB managed?
FCII 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: FCII or HEWB?
Year to date, FCII has seen +$4.21 M in net flows, compared with +$26.91 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of FCII and HEWB compare?
FCII has an expense ratio of 0.92%, while HEWB has an expense ratio of 0.28%.
Recent articles about FCII 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.