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Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs RBC Canadian Bank Yield Index ETF (RBNK) to find the best fit for your portfolio. HBNK and RBNK provide the same top sector exposures: Finance. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.29% for RBNK. Performance-wise, HBNK has returned 27.64% year-to-date with -$514 M in net flows, whereas RBNK is at 28.31% with +$22 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
RBNK
| AuM | $706.91 M | $495.96 M |
| Management Fees | 0.09% | 0.29% |
| Exp. ratio | 0.10% | 0.32% |
| Tracking Difference | -0.42% | 4.58% |
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% |
RBNK | -3.67% | +8.36% | +28.31% | +58.18% | +156.00% | |
| Flows | HBNK | -$52 M | -$81 M | -$514 M | -$869 M | -$77 M |
RBNK | +$5 M | +$17 M | +$22 M | +$31 M | -$4 M |
HBNK vs RBNK exposure
Countries
HBNK
Canada
99.94%
RBNK
Canada
99.95%
Sectors
HBNK
Finance
99.94%
RBNK
Finance
99.95%
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%
RBNK
Bank of Montreal
26.07%
The Bank of Nova Scotia
25.09%
The Toronto-Dominion Bank
16.90%
Canadian Imperial Bank of Commerce
15.45%
Royal Bank of Canada
8.62%
National Bank of Canada
7.83%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
RBNK
Total weight of top 10 holdings out of 6 total
99.95%
Characteristics
Compare
HBNK
RBNK
| Provider | Global X | RBC Global Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Canada Bank Yield Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.67% | 2.82% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | October 20, 2017 |
Frequently asked questions about HBNK and RBNK
Which ETF has performed better year to date: HBNK or RBNK?
As of August 20, 2026, HBNK has returned 27.64% year to date, while RBNK has returned 28.31%. RBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or RBNK?
As of August 20, 2026, HBNK manages $706.91 M in assets, while RBNK manages $495.96 M. HBNK is the larger fund by AUM.
How are HBNK and RBNK managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. RBNK is passively managed by RBC Global Asset Management. It tracks the Solactive Canada Bank Yield Index - CAD benchmark.
What sectors do HBNK and RBNK emphasize?
HBNK is most exposed to Finance. RBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HBNK or RBNK?
Year to date, HBNK has seen -$513.54 M in net flows, compared with +$21.98 M for RBNK. RBNK has attracted more net investor money so far.
How do the fees of HBNK and RBNK compare?
HBNK has an expense ratio of 0.10%, while RBNK has an expense ratio of 0.32%.
What are the top holdings of HBNK and RBNK?
HBNK's largest holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal. RBNK's top holdings include Bank of Montreal, The Bank of Nova Scotia, and The Toronto-Dominion Bank.
Which ETF is more diversified: HBNK or RBNK?
HBNK holds 6 securities, while RBNK holds 6. On holdings count, HBNK is the more diversified portfolio.
Recent articles about HBNK and RBNK
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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.