VS
When evaluating costs, GBFD features a management fee (MER) of 0.2%, compared to 0.09% for HBNK. Performance-wise, GBFD has returned 1.81% year-to-date with -$1 M in net flows, whereas HBNK is at 30.39% with -$487 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
GBFD
HBNK
| AuM | $19.68 M | $745.55 M |
| Management Fees | 0.20% | 0.09% |
| Exp. ratio | 0.28% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 22, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GBFD | +0.20% | +0.52% | +1.81% | +2.10% | - |
HBNK | +0.71% | -1.10% | +30.39% | +44.92% | +181.35% | |
| Flows | GBFD | +$1 M | +$0 M | -$1 M | +$1 M | - |
HBNK | -$4 M | +$5 M | -$487 M | -$542 M | -$211 M |
GBFD vs HBNK exposure
Countries
GBFD
Exposure data will be available soon
HBNK
Canada
99.74%
Sectors
GBFD
Exposure data will be available soon
HBNK
Finance
99.74%
As of October 22, 2026
Top 10 Holdings
GBFD
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
GBFD
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
GBFD
HBNK
| Provider | Guardian Capital | 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 | Distributing |
| Trailing 12m distribution yield | 1.53% | 2.66% |
| Meets ESG criteria | No | No |
| Inception Date | January 9, 2024 | July 5, 2023 |
Frequently asked questions about GBFD and HBNK
Which ETF has performed better year to date: GBFD or HBNK?
As of October 22, 2026, GBFD has returned 1.81% year to date, while HBNK has returned 30.39%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: GBFD or HBNK?
As of October 22, 2026, GBFD manages $19.68 M in assets, while HBNK manages $745.55 M. HBNK is the larger fund by AUM.
How are GBFD and HBNK managed?
GBFD is actively managed by Guardian Capital. 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: GBFD or HBNK?
Year to date, GBFD has seen -$0.85 M in net flows, compared with -$486.74 M for HBNK. GBFD has attracted more net investor money so far.
How do the fees of GBFD and HBNK compare?
GBFD has an expense ratio of 0.28%, while HBNK has an expense ratio of 0.10%.
Recent articles about GBFD and HBNK
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