VS
When evaluating costs, GIGC features a management fee (MER) of 0.4%, compared to 0.09% for HBNK. Performance-wise, GIGC has returned 1.46% year-to-date with +$4 M in net flows, whereas HBNK is at 21.73% with -$415 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
GIGC
HBNK
| AuM | $20.44 M | $768.47 M |
| Management Fees | 0.40% | 0.09% |
| Exp. ratio | 0.58% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GIGC | +0.27% | +0.40% | +1.46% | +5.34% | - |
HBNK | +5.68% | +18.79% | +21.73% | +63.01% | - | |
| Flows | GIGC | +$1 M | +$2 M | +$4 M | +$3 M | - |
HBNK | +$32 M | -$201 M | -$415 M | -$667 M | - |
GIGC vs HBNK exposure
Countries
GIGC
Exposure data will be available soon
HBNK
Canada
99.93%
Sectors
GIGC
Exposure data will be available soon
HBNK
Financials
99.93%
As of June 8, 2026
Top 10 Holdings
GIGC
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
GIGC
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
GIGC
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 | 4.36% | 2.75% |
| Meets ESG criteria | No | No |
| Inception Date | April 30, 2024 | July 5, 2023 |
Frequently asked questions about GIGC and HBNK
Which ETF has performed better year to date: GIGC or HBNK?
As of June 8, 2026, GIGC has returned 1.46% year to date, while HBNK has returned 21.73%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: GIGC or HBNK?
As of June 8, 2026, GIGC manages $20.44 M in assets, while HBNK manages $768.47 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 +$3.92 M in net flows, compared with -$414.79 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
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
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.
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.