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Compare Franklin International Low Volatility High Dividend Index ETF (CA) (FLVI) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. FLVI provides Finance, Utilities, and Telecommunications exposures, while HBNK is primarily weighted in Finance. When evaluating costs, FLVI features a management fee (MER) of 0.25%, compared to 0.09% for HBNK. Performance-wise, FLVI has returned 13.54% year-to-date with +$137 M in net flows, whereas HBNK is at 30.23% with -$484 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
FLVI
HBNK
| AuM | $322.88 M | $749.54 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.28% | 0.10% |
| Tracking Difference | 3.35% | -0.35% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVI | +0.37% | +3.22% | +13.54% | +19.73% | - |
HBNK | -2.07% | +5.08% | +30.23% | +49.78% | +160.33% | |
| Flows | FLVI | -$0 M | +$27 M | +$137 M | +$197 M | - |
HBNK | +$33 M | -$71 M | -$484 M | -$669 M | -$61 M |
FLVI vs HBNK exposure
Countries
FLVI
Japan
14.39%
Singapore
12.80%
Italy
11.57%
Switzerland
10.55%
France
10.19%
Germany
7.40%
Other
33.10%
HBNK
Canada
99.59%
Sectors
FLVI
Finance
27.42%
Utilities
16.03%
Telecommunications
11.50%
Industrials
10.40%
Energy
8.54%
Consumer Non-Cyclicals
7.43%
Other
18.70%
HBNK
Finance
99.59%
As of September 11, 2026
Top 10 Holdings
FLVI
Oversea-Chinese Banking Corp. Ltd.
3.14%
Banca Monte dei Paschi di Siena SpA
3.05%
DBS Group Holdings Ltd.
3.03%
Deutsche Post AG
2.86%
Repsol SA
2.79%
Enel SpA
2.66%
Naturgy Energy Group SA
2.61%
Nordea Bank Abp
2.60%
ENGIE SA
2.51%
SNAM SpA
2.46%
HBNK
Royal Bank of Canada
17.26%
Bank of Montreal
17.04%
The Toronto-Dominion Bank
16.90%
The Bank of Nova Scotia
16.41%
Canadian Imperial Bank of Commerce
16.05%
National Bank of Canada
15.93%
Diversification
FLVI
Total weight of top 10 holdings out of 119 total
27.72%
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
FLVI
HBNK
| Provider | Franklin Templeton | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Franklin International ex North America Low Volatility High Dividend Index NTR - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.45% | 2.64% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2024 | July 5, 2023 |
Frequently asked questions about FLVI and HBNK
Which ETF has performed better year to date: FLVI or HBNK?
As of September 11, 2026, FLVI has returned 13.54% year to date, while HBNK has returned 30.23%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: FLVI or HBNK?
As of September 11, 2026, FLVI manages $322.88 M in assets, while HBNK manages $749.54 M. HBNK is the larger fund by AUM.
How are FLVI and HBNK managed?
FLVI is passively managed by Franklin Templeton. It tracks the Franklin International ex North America Low Volatility High Dividend Index NTR - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do FLVI and HBNK emphasize?
FLVI is most exposed to Finance, Utilities, and Telecommunications. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: FLVI or HBNK?
Year to date, FLVI has seen +$136.72 M in net flows, compared with -$483.52 M for HBNK. FLVI has attracted more net investor money so far.
How do the fees of FLVI and HBNK compare?
FLVI has an expense ratio of 0.28%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of FLVI and HBNK?
FLVI's largest holdings include Oversea-Chinese Banking Corp. Ltd., Banca Monte dei Paschi di Siena SpA, and DBS Group Holdings Ltd.. HBNK's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: FLVI or HBNK?
FLVI holds 119 securities, while HBNK holds 6. On holdings count, FLVI is the more diversified portfolio.
Recent articles about FLVI and HBNK
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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.