VS
Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs HAMILTON CHAMPIONS Canadian Bank Equal-Weight Index ETF (HEB) to find the best fit for your portfolio. HBNK and HEB provide the same top sector exposures: Finance. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.19% for HEB. Performance-wise, HBNK has returned 27.64% year-to-date with -$514 M in net flows, whereas HEB is at 27.59% with +$80 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
HEB
| AuM | $706.91 M | $1,383.01 M |
| Management Fees | 0.09% | 0.19% |
| Exp. ratio | 0.10% | 0.25% |
| Tracking Difference | -0.42% | -0.44% |
Historical performance and flows
As of August 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | -3.83% | +7.77% | +27.64% | +57.01% | +153.76% |
HEB | -3.84% | +7.75% | +27.59% | +56.99% | +153.05% | |
| Flows | HBNK | -$52 M | -$81 M | -$514 M | -$869 M | -$77 M |
HEB | -$20 M | +$39 M | +$80 M | +$128 M | +$150 M |
HBNK vs HEB exposure
Countries
HBNK
Canada
99.94%
HEB
Canada
99.98%
Sectors
HBNK
Finance
99.94%
HEB
Finance
99.98%
As of August 20, 2026
Top 10 Holdings
HBNK
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.34%
Bank of Montreal
17.04%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
15.85%
National Bank of Canada
15.79%
HEB
The Toronto-Dominion Bank
17.35%
Royal Bank of Canada
17.35%
Bank of Montreal
17.08%
The Bank of Nova Scotia
16.42%
Canadian Imperial Bank of Commerce
15.89%
National Bank of Canada
15.88%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
HEB
Total weight of top 10 holdings out of 6 total
99.98%
Characteristics
Compare
HBNK
HEB
| Provider | Global X | Hamilton ETFs |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.67% | 2.72% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | April 3, 2023 |
Frequently asked questions about HBNK and HEB
Which ETF has performed better year to date: HBNK or HEB?
As of August 20, 2026, HBNK has returned 27.64% year to date, while HEB has returned 27.59%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or HEB?
As of August 20, 2026, HBNK manages $706.91 M in assets, while HEB manages $1.38 B. HEB is the larger fund by AUM.
How are HBNK and HEB managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. HEB is passively managed by Hamilton ETFs. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HBNK and HEB emphasize?
HBNK is most exposed to Finance. HEB is most exposed to Finance.
Which ETF is attracting more investor flows: HBNK or HEB?
Year to date, HBNK has seen -$513.54 M in net flows, compared with +$79.88 M for HEB. HEB has attracted more net investor money so far.
How do the fees of HBNK and HEB compare?
HBNK has an expense ratio of 0.10%, while HEB has an expense ratio of 0.25%.
What are the top holdings of HBNK and HEB?
HBNK's largest holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal. HEB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: HBNK or HEB?
HBNK holds 6 securities, while HEB holds 6. On holdings count, HBNK is the more diversified portfolio.
Recent articles about HBNK and HEB
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.