VS
When evaluating costs, GBFF features a management fee (MER) of 0.2%, compared to 0.28% for HEWB. Performance-wise, GBFF has returned 0.53% year-to-date with +$5 M in net flows, whereas HEWB is at 27.58% with +$31 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
GBFF
HEWB
| AuM | $5.77 M | $340.03 M |
| Management Fees | 0.20% | 0.28% |
| Exp. ratio | 0.28% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GBFF | -0.10% | -0.65% | +0.53% | +0.66% | - |
HEWB | -2.01% | -3.61% | +27.58% | +41.79% | +164.09% | |
| Flows | GBFF | +$1 M | +$2 M | +$5 M | +$5 M | - |
HEWB | +$2 M | +$11 M | +$31 M | +$30 M | +$37 M |
GBFF vs HEWB exposure
Countries
GBFF
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
GBFF
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 5, 2026
Top 10 Holdings
GBFF
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
GBFF
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
GBFF
HEWB
| 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 | Capitalization |
| Trailing 12m distribution yield | 2.23% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 3, 2025 | January 23, 2019 |
Frequently asked questions about GBFF and HEWB
Which ETF has performed better year to date: GBFF or HEWB?
As of October 5, 2026, GBFF has returned 0.53% year to date, while HEWB has returned 27.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: GBFF or HEWB?
As of October 5, 2026, GBFF manages $5.77 M in assets, while HEWB manages $340.03 M. HEWB is the larger fund by AUM.
How are GBFF and HEWB managed?
GBFF is actively managed by Guardian Capital. It does not track an index. HEWB 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: GBFF or HEWB?
Year to date, GBFF has seen +$4.61 M in net flows, compared with +$30.73 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of GBFF and HEWB compare?
GBFF has an expense ratio of 0.28%, while HEWB has an expense ratio of 0.28%.
Recent articles about GBFF and HEWB
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