GIGC
Guardian Investment Grade Corporate Bond Fund

Full GIGC fund page
VS
HEWB
Global X Equal Weight Canadian Banks Index Corporate Class ETF

Full HEWB fund page

When evaluating costs, GIGC features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, GIGC has returned 1.46% year-to-date with +$4 M in net flows, whereas HEWB is at 21.64% with +$12 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-2.00.02.04.06.0%May 8May 15May 25Jun 1Jun 8

Key Data

Historical performance and flows

As of June 8, 2026
1M3MYTD1Y3Y
Perf.
GIGC
+0.27%+0.40%+1.46%+5.34%-
HEWB
+5.66%+18.78%+21.64%+62.64%+139.85%
Flows
GIGC
+$1 M+$2 M+$4 M+$3 M-
HEWB
+$0 M+$8 M+$12 M+$9 M+$14 M

GIGC vs HEWB exposure

Countries

GIGC
Exposure data will be available soon
HEWB
Canada
99.99%

Sectors

GIGC
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 8, 2026

Top 10 Holdings

GIGC
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%

Diversification

GIGC
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%

Characteristics

Compare
GIGC
HEWB
ProviderGuardian CapitalGlobal X
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodDirect (Physical)
Asset ClassFixed IncomeEquity
Dividend PolicyDistributingCapitalization
Trailing 12m distribution yield4.36%0.00%
Meets ESG criteriaNoNo
Inception DateApril 30, 2024January 23, 2019

Frequently asked questions about GIGC and HEWB

Which ETF has performed better year to date: GIGC or HEWB?
As of June 8, 2026, GIGC has returned 1.46% year to date, while HEWB has returned 21.64%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: GIGC or HEWB?
As of June 8, 2026, GIGC manages $20.44 M in assets, while HEWB manages $307.01 M. HEWB is the larger fund by AUM.
How are GIGC and HEWB managed?
GIGC 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: GIGC or HEWB?
Year to date, GIGC has seen +$3.92 M in net flows, compared with +$12.25 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of GIGC and HEWB compare?
GIGC has an expense ratio of 0.58%, while HEWB has an expense ratio of 0.28%.

Recent articles about GIGC and HEWB

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