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Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs HAMILTON CHAMPIONS Canadian Financials Index ETF (HFN) to find the best fit for your portfolio. HBNK and HFN provide the same top sector exposures: Finance. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.19% for HFN. Performance-wise, HBNK has returned 28.51% year-to-date with -$481 M in net flows, whereas HFN is at 17.96% with +$175 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
HFN
| AuM | $740.17 M | $369.19 M |
| Management Fees | 0.09% | 0.19% |
| Exp. ratio | 0.10% | 0.04% |
| Tracking Difference | -0.32% | -0.45% |
Historical performance and flows
As of October 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | -1.50% | -1.36% | +28.51% | +43.89% | +166.15% |
HFN | -1.68% | -3.26% | +17.96% | +30.18% | - | |
| Flows | HBNK | +$29 M | -$34 M | -$481 M | -$604 M | -$114 M |
HFN | +$16 M | +$56 M | +$175 M | +$216 M | - |
HBNK vs HFN exposure
Countries
HBNK
Canada
99.74%
HFN
Canada
99.75%
Sectors
HBNK
Finance
99.74%
HFN
Finance
99.75%
As of October 2, 2026
Top 10 Holdings
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
HFN
Great-West Lifeco, Inc.
9.27%
The Bank of Nova Scotia
9.15%
Royal Bank of Canada
8.83%
The Toronto-Dominion Bank
8.76%
Bank of Montreal
8.70%
Sun Life Financial, Inc.
8.52%
Manulife Financial Corp.
8.46%
Canadian Imperial Bank of Commerce
7.97%
National Bank of Canada
7.93%
Intact Financial Corp.
7.80%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
HFN
Total weight of top 10 holdings out of 12 total
85.40%
Characteristics
Compare
HBNK
HFN
| Provider | Global X | Hamilton ETFs |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Canadian Financials Equal-Weight TR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.70% | 2.56% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | January 20, 2025 |
Frequently asked questions about HBNK and HFN
Which ETF has performed better year to date: HBNK or HFN?
As of October 2, 2026, HBNK has returned 28.51% year to date, while HFN has returned 17.96%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or HFN?
As of October 2, 2026, HBNK manages $740.17 M in assets, while HFN manages $369.19 M. HBNK is the larger fund by AUM.
How are HBNK and HFN managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. HFN is passively managed by Hamilton ETFs. It tracks the Solactive Canadian Financials Equal-Weight TR Index - CAD benchmark.
What sectors do HBNK and HFN emphasize?
HBNK is most exposed to Finance. HFN is most exposed to Finance.
Which ETF is attracting more investor flows: HBNK or HFN?
Year to date, HBNK has seen -$481.39 M in net flows, compared with +$174.84 M for HFN. HFN has attracted more net investor money so far.
How do the fees of HBNK and HFN compare?
HBNK has an expense ratio of 0.10%, while HFN has an expense ratio of 0.04%.
What are the top holdings of HBNK and HFN?
HBNK's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Royal Bank of Canada. HFN's top holdings include Great-West Lifeco, Inc., The Bank of Nova Scotia, and Royal Bank of Canada.
Which ETF is more diversified: HBNK or HFN?
HBNK holds 6 securities, while HFN holds 12. On holdings count, HFN is the more diversified portfolio.
Recent articles about HBNK and HFN
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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.