VS
When evaluating costs, HBB features a management fee (MER) of 0.1%, compared to 0.28% for HEWB. Performance-wise, HBB has returned 0.03% year-to-date with -$405 M in net flows, whereas HEWB is at 34.08% with +$27 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
HBB
HEWB
| AuM | $3,064.62 M | $353.40 M |
| Management Fees | 0.10% | 0.28% |
| Exp. ratio | 0.10% | 0.28% |
| Tracking Difference | -0.44% | -0.82% |
Historical performance and flows
As of August 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBB | -0.74% | +0.59% | +0.03% | +2.21% | +12.68% |
HEWB | +1.13% | +15.30% | +34.08% | +64.85% | +164.00% | |
| Flows | HBB | +$27 M | -$1,214 M | -$405 M | -$119 M | -$858 M |
HEWB | +$4 M | +$15 M | +$27 M | +$26 M | +$33 M |
HBB vs HEWB exposure
Countries
HBB
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
HBB
Exposure data will be available soon
HEWB
Finance
100.00%
As of August 18, 2026
Top 10 Holdings
HBB
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
HBB
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HBB
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Canadian Select Universe Bond Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Capitalization | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 8, 2014 | January 23, 2019 |
Frequently asked questions about HBB and HEWB
Which ETF has performed better year to date: HBB or HEWB?
As of August 18, 2026, HBB has returned 0.03% year to date, while HEWB has returned 34.08%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HBB or HEWB?
As of August 18, 2026, HBB manages $3.06 B in assets, while HEWB manages $353.40 M. HBB is the larger fund by AUM.
How are HBB and HEWB managed?
HBB is passively managed by Global X. It tracks the Solactive Canadian Select Universe Bond Total Return 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: HBB or HEWB?
Year to date, HBB has seen -$404.63 M in net flows, compared with +$26.84 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of HBB and HEWB compare?
HBB has an expense ratio of 0.10%, while HEWB has an expense ratio of 0.28%.
Recent articles about HBB and HEWB
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.