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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 11.17% year-to-date with +$143 M in net flows, whereas HBNK is at 32.19% with -$518 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 | $319.57 M | $722.90 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.28% | 0.10% |
| Tracking Difference | 4.44% | -0.34% |
Historical performance and flows
As of October 30, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVI | -1.23% | -2.67% | +11.17% | +16.13% | - |
HBNK | +2.94% | -0.44% | +32.19% | +45.71% | +185.21% | |
| Flows | FLVI | +$6 M | +$9 M | +$143 M | +$175 M | - |
HBNK | -$34 M | +$1 M | -$518 M | -$586 M | -$250 M |
FLVI vs HBNK exposure
Countries
FLVI
Japan
15.20%
Singapore
13.63%
Italy
10.70%
Switzerland
10.30%
France
9.79%
Hong Kong
7.29%
Other
33.08%
HBNK
Canada
99.73%
Sectors
FLVI
Finance
27.71%
Utilities
16.02%
Telecommunications
12.17%
Industrials
9.89%
Energy
8.56%
Other
25.65%
HBNK
Finance
99.73%
As of October 30, 2026
Top 10 Holdings
FLVI
Repsol SA
2.84%
Nordea Bank Abp
2.70%
Deutsche Post AG
2.62%
Naturgy Energy Group SA
2.60%
Banca Monte dei Paschi di Siena SpA
2.58%
Oversea-Chinese Banking Corp. Ltd.
2.55%
TotalEnergies SE
2.51%
Rio Tinto Plc
2.46%
ANZ Group Holdings Ltd.
2.43%
Enel SpA
2.42%
HBNK
The Bank of Nova Scotia
17.08%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.77%
Canadian Imperial Bank of Commerce
16.48%
Royal Bank of Canada
16.43%
National Bank of Canada
15.95%
Diversification
FLVI
Total weight of top 10 holdings out of 118 total
25.71%
HBNK
Total weight of top 10 holdings out of 6 total
99.73%
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 | 3.31% | 2.85% |
| 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 October 30, 2026, FLVI has returned 11.17% year to date, while HBNK has returned 32.19%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: FLVI or HBNK?
As of October 30, 2026, FLVI manages $319.57 M in assets, while HBNK manages $722.90 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 +$142.58 M in net flows, compared with -$518.27 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 Repsol SA, Nordea Bank Abp, and Deutsche Post AG. HBNK's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: FLVI or HBNK?
FLVI holds 118 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.