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Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs CI First Asset CanBanc Income Class ETF (CIC) to find the best fit for your portfolio. HBNK and CIC provide the same top sector exposures: Financials. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.65% for CIC. Performance-wise, HBNK has returned 25.35% year-to-date with -$415 M in net flows, whereas CIC is at 21.13% with -$6 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
CIC
| AuM | $791.30 M | $441.89 M |
| Management Fees | 0.09% | 0.65% |
| Exp. ratio | 0.10% | 0.81% |
| Tracking Difference | -0.41% | - |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | +8.46% | +23.65% | +25.35% | +68.05% | - |
CIC | +6.97% | +19.66% | +21.13% | +55.63% | +114.59% | |
| Flows | HBNK | +$31 M | -$184 M | -$415 M | -$667 M | - |
CIC | +$3 M | -$11 M | -$6 M | +$76 M | +$102 M |
HBNK vs CIC exposure
Countries
HBNK
Canada
99.93%
CIC
Canada
99.91%
Sectors
HBNK
Financials
99.93%
CIC
Financials
99.91%
As of June 12, 2026
Top 10 Holdings
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
CIC
NATIONAL BANK OF CANADA
17.05%
CDN IMPERIAL BK
17.04%
TORONTO DOMINION
16.58%
BANK OF MONTREAL
16.45%
ROYAL BK CANADA
16.42%
BNS
16.37%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
CIC
Total weight of top 10 holdings out of 6 total
99.91%
Characteristics
Compare
HBNK
CIC
| Provider | Global X | CI |
| 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 | 2.67% | 5.04% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | August 18, 2010 |
Frequently asked questions about HBNK and CIC
Which ETF has performed better year to date: HBNK or CIC?
As of June 12, 2026, HBNK has returned 25.35% year to date, while CIC has returned 21.13%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or CIC?
As of June 12, 2026, HBNK manages $791.30 M in assets, while CIC manages $441.89 M. HBNK is the larger fund by AUM.
How are HBNK and CIC managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. CIC is actively managed by CI. It does not track an index.
What sectors do HBNK and CIC emphasize?
HBNK is most exposed to Financials. CIC is most exposed to Financials.
Which ETF is attracting more investor flows: HBNK or CIC?
Year to date, HBNK has seen -$414.83 M in net flows, compared with -$6.14 M for CIC. CIC has attracted more net investor money so far.
How do the fees of HBNK and CIC compare?
HBNK has an expense ratio of 0.10%, while CIC has an expense ratio of 0.81%.
What are the top holdings of HBNK and CIC?
HBNK's largest holdings include CDN IMPERIAL BK, TORONTO DOMINION, and NATIONAL BANK OF CANADA. CIC's top holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION.
Which ETF is more diversified: HBNK or CIC?
HBNK holds 6 securities, while CIC holds 6. On holdings count, HBNK is the more diversified portfolio.
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