VS
Compare Franklin International Low Volatility High Dividend Index ETF (CA) (FLVI) vs Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) to find the best fit for your portfolio. FLVI provides Utilities, Financials, and Industrials exposures, while HEWB is primarily weighted in Financials. When evaluating costs, FLVI features a management fee (MER) of 0.25%, compared to 0.28% for HEWB. Performance-wise, FLVI has returned 11.33% year-to-date with +$116 M in net flows, whereas HEWB is at 28.02% 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
FLVI
HEWB
| AuM | $301.44 M | $324.95 M |
| Management Fees | 0.25% | 0.28% |
| Exp. ratio | 0.28% | 0.28% |
| Tracking Difference | 3.57% | -0.78% |
Historical performance and flows
As of June 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLVI | +2.56% | +5.65% | +11.33% | +27.16% | - |
HEWB | +10.08% | +24.67% | +28.02% | +71.33% | +148.16% | |
| Flows | FLVI | +$18 M | +$44 M | +$116 M | +$204 M | - |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
FLVI vs HEWB exposure
Countries
FLVI
Japan
13.40%
Italy
11.49%
France
11.25%
Singapore
10.96%
Switzerland
10.30%
Germany
8.14%
Other
34.46%
HEWB
Canada
99.99%
Sectors
FLVI
Utilities
19.58%
Financials
17.17%
Industrials
13.44%
Communication Services
12.74%
Consumer Discretionary
10.33%
Other
26.73%
HEWB
Financials
99.99%
As of June 17, 2026
Top 10 Holdings
FLVI
TOTALENERGIES SE
3.05%
REPSOL YPF SA
2.94%
SNAM RETE GAS
2.75%
ENGIE
2.74%
ENEL GLOBAL TRADING
2.73%
CK HUTCHISON HLDGS LTD
2.62%
RIO TINTO
2.60%
TELSTRA
2.55%
NESTLE SA
2.50%
DEUTSCHE POST
2.49%
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
FLVI
Total weight of top 10 holdings out of 119 total
26.96%
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
FLVI
HEWB
| 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 | Capitalization |
| Trailing 12m distribution yield | 1.99% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | March 28, 2024 | January 23, 2019 |
Frequently asked questions about FLVI and HEWB
Which ETF has performed better year to date: FLVI or HEWB?
As of June 17, 2026, FLVI has returned 11.33% year to date, while HEWB has returned 28.02%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FLVI or HEWB?
As of June 17, 2026, FLVI manages $301.44 M in assets, while HEWB manages $324.95 M. HEWB is the larger fund by AUM.
How are FLVI and HEWB managed?
FLVI is passively managed by Franklin Templeton. It tracks the Franklin International ex North America Low Volatility High Dividend Index NTR - CAD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do FLVI and HEWB emphasize?
FLVI is most exposed to Utilities, Financials, and Industrials. HEWB is most exposed to Financials.
Which ETF is attracting more investor flows: FLVI or HEWB?
Year to date, FLVI has seen +$115.79 M in net flows, compared with +$14.05 M for HEWB. FLVI has attracted more net investor money so far.
How do the fees of FLVI and HEWB compare?
FLVI has an expense ratio of 0.28%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of FLVI and HEWB?
FLVI's largest holdings include TOTALENERGIES SE and REPSOL YPF SA. HEWB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: FLVI or HEWB?
FLVI holds 118 securities, while HEWB holds 6. On holdings count, FLVI is the more diversified portfolio.
Recent articles about FLVI and HEWB
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.