VS
When evaluating costs, FCSB features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, FCSB has returned 1.51% year-to-date with +$53 M in net flows, whereas HEWB is at 26.74% with +$14 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
FCSB
HEWB
| AuM | $362.34 M | $321.71 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.44% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCSB | +1.21% | +1.28% | +1.51% | +3.79% | +15.50% |
HEWB | +8.99% | +23.91% | +26.74% | +69.57% | +145.40% | |
| Flows | FCSB | +$5 M | +$15 M | +$53 M | +$115 M | +$227 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
FCSB vs HEWB exposure
Countries
FCSB
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
FCSB
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 16, 2026
Top 10 Holdings
FCSB
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
FCSB
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
FCSB
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 | 3.42% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 25, 2019 | January 23, 2019 |
Frequently asked questions about FCSB and HEWB
Which ETF has performed better year to date: FCSB or HEWB?
As of June 16, 2026, FCSB has returned 1.51% year to date, while HEWB has returned 26.74%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FCSB or HEWB?
As of June 16, 2026, FCSB manages $362.34 M in assets, while HEWB manages $321.71 M. FCSB is the larger fund by AUM.
How are FCSB and HEWB managed?
FCSB 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: FCSB or HEWB?
Year to date, FCSB has seen +$52.68 M in net flows, compared with +$14.05 M for HEWB. FCSB has attracted more net investor money so far.
How do the fees of FCSB and HEWB compare?
FCSB has an expense ratio of 0.44%, while HEWB has an expense ratio of 0.28%.
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