VS
When evaluating costs, FCUB features a management fee (MER) of 0.3%, compared to 0.28% for HEWB. Performance-wise, FCUB has returned 1.58% year-to-date with +$117 M in net flows, whereas HEWB is at 32.25% 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
FCUB
HEWB
| AuM | $297.19 M | $348.73 M |
| Management Fees | 0.30% | 0.28% |
| Exp. ratio | 0.33% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FCUB | -0.48% | -1.28% | -1.58% | -0.83% | - |
HEWB | -0.34% | +10.99% | +32.25% | +55.27% | +160.78% | |
| Flows | FCUB | +$10 M | +$32 M | +$117 M | +$173 M | - |
HEWB | +$0 M | +$15 M | +$27 M | +$26 M | +$33 M |
FCUB vs HEWB exposure
Countries
FCUB
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
FCUB
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 3, 2026
Top 10 Holdings
FCUB
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
FCUB
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
FCUB
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 | 3.04% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 24, 2025 | January 23, 2019 |
Frequently asked questions about FCUB and HEWB
Which ETF has performed better year to date: FCUB or HEWB?
As of September 3, 2026, FCUB has returned -1.58% year to date, while HEWB has returned 32.25%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FCUB or HEWB?
As of September 3, 2026, FCUB manages $297.19 M in assets, while HEWB manages $348.73 M. HEWB is the larger fund by AUM.
How are FCUB and HEWB managed?
FCUB 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: FCUB or HEWB?
Year to date, FCUB has seen +$116.51 M in net flows, compared with +$26.99 M for HEWB. FCUB has attracted more net investor money so far.
How do the fees of FCUB and HEWB compare?
FCUB has an expense ratio of 0.33%, while HEWB has an expense ratio of 0.28%.
Recent articles about FCUB 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.