VS
When evaluating costs, FMPI features a management fee (MER) of 0.7%, compared to 0.09% for HBNK. Performance-wise, FMPI has returned 6.33% year-to-date with +$5 M in net flows, whereas HBNK is at 28.49% with -$485 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
FMPI
HBNK
| AuM | $6.02 M | $736.86 M |
| Management Fees | 0.70% | 0.09% |
| Exp. ratio | 0.70% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 19, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FMPI | -0.68% | +0.13% | +6.33% | +6.70% | - |
HBNK | -3.80% | -3.19% | +28.49% | +43.29% | +170.31% | |
| Flows | FMPI | +$1 M | +$4 M | +$5 M | +$6 M | - |
HBNK | -$1 M | -$23 M | -$485 M | -$531 M | -$199 M |
FMPI vs HBNK exposure
Countries
FMPI
Exposure data will be available soon
HBNK
Canada
99.74%
Sectors
FMPI
Exposure data will be available soon
HBNK
Finance
99.74%
As of October 19, 2026
Top 10 Holdings
FMPI
Exposure data will be available soon
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
Diversification
FMPI
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
FMPI
HBNK
| Provider | Fidelity | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.52% | 2.70% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2025 | July 5, 2023 |
Frequently asked questions about FMPI and HBNK
Which ETF has performed better year to date: FMPI or HBNK?
As of October 19, 2026, FMPI has returned 6.33% year to date, while HBNK has returned 28.49%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: FMPI or HBNK?
As of October 19, 2026, FMPI manages $6.02 M in assets, while HBNK manages $736.86 M. HBNK is the larger fund by AUM.
How are FMPI and HBNK managed?
FMPI is actively managed by Fidelity. It does not track an index. HBNK 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: FMPI or HBNK?
Year to date, FMPI has seen +$4.95 M in net flows, compared with -$484.51 M for HBNK. FMPI has attracted more net investor money so far.
How do the fees of FMPI and HBNK compare?
FMPI has an expense ratio of 0.70%, while HBNK has an expense ratio of 0.10%.
Recent articles about FMPI and HBNK
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