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Global X Equal Weight Canadian Banks Index ETF (HBNK) and CIBC Canadian Banks Covered Call ETF (CCCB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HBNK focuses its top 3 sector exposures on Financials, while CCCB leans towards Financials. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.35% for CCCB. Performance-wise, HBNK has returned 21.13% year-to-date with -$431 M in net flows, whereas CCCB is at 18.54% with +$3 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
HBNK
CCCB
| AuM | $749.76 M | $7.12 M |
| Management Fees | 0.09% | 0.35% |
| Exp. ratio | 0.10% | 0.35% |
| Tracking Difference | -0.43% | - |
Historical performance and flows
As of May 26, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | +7.07% | +11.89% | +21.13% | +65.49% | - |
CCCB | +6.28% | +10.74% | +18.54% | - | - | |
| Flows | HBNK | +$26 M | -$350 M | -$431 M | -$688 M | - |
CCCB | +$0 M | +$0 M | +$3 M | - | - |
HBNK vs CCCB exposure
Countries
HBNK
Canada
99.99%
CCCB
Canada
100.51%
Sectors
HBNK
Financials
99.99%
CCCB
Financials
100.51%
As of May 26, 2026
Top 10 Holdings
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
CCCB
TORONTO DOMINION
17.04%
BNS
16.94%
ROYAL BK CANADA
16.93%
NATIONAL BANK OF CANADA
16.73%
BANK OF MONTREAL
16.44%
CDN IMPERIAL BK
16.42%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
CCCB
Total weight of top 10 holdings out of 6 total
100.51%
Characteristics
Compare
HBNK
CCCB
| Provider | Global X | CIBC |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.74% | - |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | August 25, 2025 |
Frequently asked questions about HBNK and CCCB
Which ETF has performed better year to date: HBNK or CCCB?
As of May 26, 2026, HBNK has returned 21.13% year to date, while CCCB has returned 18.54%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or CCCB?
As of May 26, 2026, HBNK manages $749.76 M in assets, while CCCB manages $7.12 M. HBNK is the larger fund by AUM.
How are HBNK and CCCB managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. CCCB is actively managed by CIBC. It does not track an index.
What sectors do HBNK and CCCB emphasize?
HBNK is most exposed to Financials. CCCB is most exposed to Financials.
Which ETF is attracting more investor flows: HBNK or CCCB?
Year to date, HBNK has seen -$431.23 M in net flows, compared with +$2.60 M for CCCB. CCCB has attracted more net investor money so far.
How do the fees of HBNK and CCCB compare?
HBNK has an expense ratio of 0.10%, while CCCB has an expense ratio of 0.35%.
What are the top holdings of HBNK and CCCB?
HBNK's largest holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS. CCCB's top holdings include TORONTO DOMINION, BNS, and ROYAL BK CANADA.
Which ETF is more diversified: HBNK or CCCB?
HBNK holds 6 securities, while CCCB holds 6. On holdings count, HBNK is the more diversified portfolio.
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