VS
When evaluating costs, GLDX features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, GLDX has returned 9.03% year-to-date with -$3 M in net flows, whereas HEWB is at 30.29% with +$19 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
GLDX
HEWB
| AuM | $218.52 M | $336.15 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.50% | 0.28% |
| Tracking Difference | -0.58% | -0.78% |
Historical performance and flows
As of June 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | GLDX | -12.16% | -6.51% | -9.03% | +59.11% | - |
HEWB | +7.62% | +29.83% | +30.29% | +70.55% | +158.23% | |
| Flows | GLDX | +$10 M | +$14 M | -$3 M | -$39 M | - |
HEWB | +$7 M | +$15 M | +$19 M | +$19 M | +$21 M |
GLDX vs HEWB exposure
Countries
GLDX
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
GLDX
Exposure data will be available soon
HEWB
Financials
100.00%
As of June 26, 2026
Top 10 Holdings
GLDX
Exposure data will be available soon
HEWB
TORONTO DOMINION
17.52%
ROYAL BK CANADA
17.09%
BANK OF MONTREAL
16.85%
BNS
16.38%
CDN IMPERIAL BK
16.27%
NATIONAL BANK OF CANADA
15.89%
Diversification
GLDX
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
GLDX
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset North American Listed Gold Producers NTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 1.07% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | November 7, 2024 | January 23, 2019 |
Frequently asked questions about GLDX and HEWB
Which ETF has performed better year to date: GLDX or HEWB?
As of June 26, 2026, GLDX has returned -9.03% year to date, while HEWB has returned 30.29%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: GLDX or HEWB?
As of June 26, 2026, GLDX manages $218.52 M in assets, while HEWB manages $336.15 M. HEWB is the larger fund by AUM.
How are GLDX and HEWB managed?
GLDX is passively managed by Global X. It tracks the Mirae Asset North American Listed Gold Producers NTR Index - CAD benchmark. 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: GLDX or HEWB?
Year to date, GLDX has seen -$3.49 M in net flows, compared with +$19.45 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of GLDX and HEWB compare?
GLDX has an expense ratio of 0.50%, while HEWB has an expense ratio of 0.28%.
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