VS
iShares ESG Conservative Balanced ETF Portfolio (GCNS) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that GCNS focuses its top 3 sector exposures on Sovereign, Information Technology, and Financials, while HBNK leans towards Financials. When evaluating costs, GCNS features a management fee (MER) of 0.22%, compared to 0.09% for HBNK. Performance-wise, GCNS has returned 4.41% year-to-date with +$11 M in net flows, whereas HBNK is at 19.82% with -$432 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
GCNS
HBNK
| AuM | $71.56 M | $740.63 M |
| Management Fees | 0.22% | 0.09% |
| Exp. ratio | 0.23% | 0.10% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of May 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GCNS | +1.69% | +2.57% | +4.41% | +13.36% | +40.56% |
HBNK | +6.34% | +14.31% | +19.82% | +65.59% | - | |
| Flows | GCNS | +$2 M | +$4 M | +$11 M | +$29 M | +$47 M |
HBNK | +$38 M | -$353 M | -$432 M | -$689 M | - |
GCNS vs HBNK exposure
Countries
GCNS
Canada
63.90%
USA
25.70%
Other
10.40%
HBNK
Canada
99.99%
Sectors
GCNS
Sovereign
14.44%
Information Technology
13.45%
Financials
10.93%
Banks
10.56%
Municipal
10.40%
Other
10.05%
Other
30.16%
HBNK
Financials
99.99%
As of May 21, 2026
Top 10 Holdings
GCNS
NVIDIA
3.87%
BROADCOM LIMITED
1.27%
ROYAL BK CANADA
1.27%
TORONTO DOMINION
1.17%
Canada, Bond 2 1jun2028 10Y
1.10%
SHOPIFY SUBORDINATE VOTING
1.07%
Canada, Bond 1 1jun2027 10Y
0.87%
Canada, Bond 1.25 1jun2030 10Y
0.81%
BANK OF MONTREAL
0.71%
Canada, Bonds 2.75% 1sep2027, CAD
0.71%
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
GCNS
Total weight of top 10 holdings out of 1,373 total
12.84%
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
GCNS
HBNK
| Provider | iShares | 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 | 2.02% | 2.77% |
| Meets ESG criteria | Yes | No |
| Inception Date | September 14, 2020 | July 5, 2023 |
Frequently asked questions about GCNS and HBNK
Which ETF has performed better year to date: GCNS or HBNK?
As of May 21, 2026, GCNS has returned 4.41% year to date, while HBNK has returned 19.82%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: GCNS or HBNK?
As of May 21, 2026, GCNS manages $71.56 M in assets, while HBNK manages $740.63 M. HBNK is the larger fund by AUM.
How are GCNS and HBNK managed?
GCNS is actively managed by iShares. 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.
What sectors do GCNS and HBNK emphasize?
GCNS is most exposed to Sovereign, Information Technology, and Financials. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: GCNS or HBNK?
Year to date, GCNS has seen +$10.58 M in net flows, compared with -$432.26 M for HBNK. GCNS has attracted more net investor money so far.
How do the fees of GCNS and HBNK compare?
GCNS has an expense ratio of 0.23%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of GCNS and HBNK?
GCNS's largest holdings include NVIDIA and BROADCOM LIMITED. HBNK's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: GCNS or HBNK?
GCNS holds 1246 securities, while HBNK holds 6. On holdings count, GCNS is the more diversified portfolio.
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