GIGC
Guardian Investment Grade Corporate Bond Fund

Full GIGC fund page
VS
HBNK
Global X Equal Weight Canadian Banks Index ETF

Full HBNK fund page

When evaluating costs, GIGC features a management fee (MER) of 0.4%, compared to 0.09% for HBNK. Performance-wise, GIGC has returned 0.5% year-to-date with +$5 M in net flows, whereas HBNK is at 32.19% with -$518 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-2.00.02.04.0%Sep 29Oct 6Oct 14Oct 21Oct 28

Key Data

Historical performance and flows

As of October 29, 2026
1M3MYTD1Y3Y
Perf.
GIGC
+0.47%-1.10%+0.50%+0.17%-
HBNK
+2.94%-0.44%+32.19%+45.71%+185.21%
Flows
GIGC
+$0 M+$1 M+$5 M+$5 M-
HBNK
-$34 M+$1 M-$518 M-$586 M-$250 M

GIGC vs HBNK exposure

Countries

GIGC
Exposure data will be available soon
HBNK
Canada
99.73%

Sectors

GIGC
Exposure data will be available soon
HBNK
Finance
99.73%
As of October 29, 2026

Top 10 Holdings

GIGC
Exposure data will be available soon
HBNK
The Bank of Nova Scotia
17.08%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.77%
Canadian Imperial Bank of Commerce
16.48%
Royal Bank of Canada
16.43%
National Bank of Canada
15.95%

Diversification

GIGC
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.73%

Characteristics

Compare
GIGC
HBNK
ProviderGuardian CapitalGlobal X
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Banks GTR Index - CAD
Replication Method-Direct (Physical)
Asset ClassFixed IncomeEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield4.02%2.85%
Meets ESG criteriaNoNo
Inception DateApril 30, 2024July 5, 2023

Frequently asked questions about GIGC and HBNK

Which ETF has performed better year to date: GIGC or HBNK?
As of October 29, 2026, GIGC has returned 0.50% year to date, while HBNK has returned 32.19%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: GIGC or HBNK?
As of October 29, 2026, GIGC manages $21.26 M in assets, while HBNK manages $722.90 M. HBNK is the larger fund by AUM.
How are GIGC and HBNK managed?
GIGC 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: GIGC or HBNK?
Year to date, GIGC has seen +$5.22 M in net flows, compared with -$518.27 M for HBNK. GIGC has attracted more net investor money so far.
How do the fees of GIGC and HBNK compare?
GIGC has an expense ratio of 0.58%, while HBNK has an expense ratio of 0.10%.

Recent articles about GIGC and HBNK

CboeTrackinsight
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.

All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
diamonds