VS
When evaluating costs, GLCC features a management fee (MER) of 0.78%, compared to 0.28% for HEWB. Performance-wise, GLCC has returned 5.23% year-to-date with +$92 M in net flows, whereas HEWB is at 33.27% with +$38 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
GLCC
HEWB
| AuM | $603.58 M | $362.69 M |
| Management Fees | 0.78% | 0.28% |
| Exp. ratio | 0.76% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GLCC | -5.71% | +6.69% | -5.23% | +14.94% | +156.36% |
HEWB | +1.98% | -1.04% | +33.27% | +45.41% | +186.35% | |
| Flows | GLCC | +$18 M | +$45 M | +$92 M | +$72 M | +$102 M |
HEWB | +$6 M | +$11 M | +$38 M | +$37 M | +$38 M |
GLCC vs HEWB exposure
Countries
GLCC
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
GLCC
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 28, 2026
Top 10 Holdings
GLCC
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
GLCC
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
GLCC
HEWB
| Provider | Global X | 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 | Capitalization |
| Trailing 12m distribution yield | 11.56% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | April 11, 2011 | January 23, 2019 |
Frequently asked questions about GLCC and HEWB
Which ETF has performed better year to date: GLCC or HEWB?
As of October 28, 2026, GLCC has returned -5.23% year to date, while HEWB has returned 33.27%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: GLCC or HEWB?
As of October 28, 2026, GLCC manages $603.58 M in assets, while HEWB manages $362.69 M. GLCC is the larger fund by AUM.
How are GLCC and HEWB managed?
GLCC is actively managed by Global X. 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: GLCC or HEWB?
Year to date, GLCC has seen +$91.81 M in net flows, compared with +$38.16 M for HEWB. GLCC has attracted more net investor money so far.
How do the fees of GLCC and HEWB compare?
GLCC has an expense ratio of 0.76%, while HEWB has an expense ratio of 0.28%.
Recent articles about GLCC and HEWB
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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.