VS
When evaluating costs, GDIV features a management fee (MER) of 0.35%, compared to 0.09% for HBNK. Performance-wise, GDIV has returned 18.65% year-to-date with +$42 M in net flows, whereas HBNK is at 23.94% with -$413 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
GDIV
HBNK
| AuM | $62.50 M | $784.52 M |
| Management Fees | 0.35% | 0.09% |
| Exp. ratio | 0.37% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GDIV | +5.11% | +13.87% | +18.65% | +32.63% | +69.59% |
HBNK | +7.80% | +20.31% | +23.94% | +66.64% | - | |
| Flows | GDIV | +$10 M | +$24 M | +$42 M | +$47 M | +$52 M |
HBNK | +$35 M | -$180 M | -$413 M | -$665 M | - |
GDIV vs HBNK exposure
Countries
GDIV
Exposure data will be available soon
HBNK
Canada
99.93%
Sectors
GDIV
Exposure data will be available soon
HBNK
Financials
99.93%
As of June 11, 2026
Top 10 Holdings
GDIV
Exposure data will be available soon
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
Diversification
GDIV
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
GDIV
HBNK
| Provider | Manulife Investments | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.43% | 2.70% |
| Meets ESG criteria | No | No |
| Inception Date | May 15, 2023 | July 5, 2023 |
Frequently asked questions about GDIV and HBNK
Which ETF has performed better year to date: GDIV or HBNK?
As of June 11, 2026, GDIV has returned 18.65% year to date, while HBNK has returned 23.94%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: GDIV or HBNK?
As of June 11, 2026, GDIV manages $62.50 M in assets, while HBNK manages $784.52 M. HBNK is the larger fund by AUM.
How are GDIV and HBNK managed?
GDIV is actively managed by Manulife Investments. 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: GDIV or HBNK?
Year to date, GDIV has seen +$42.24 M in net flows, compared with -$412.69 M for HBNK. GDIV has attracted more net investor money so far.
How do the fees of GDIV and HBNK compare?
GDIV has an expense ratio of 0.37%, while HBNK has an expense ratio of 0.10%.
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