VS
Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY) to find the best fit for your portfolio. HBNK provides Financials exposures, while VDY is primarily weighted in Financials, Energy, and Materials. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.2% for VDY. Performance-wise, HBNK has returned 4.26% year-to-date with -$244 M in net flows, whereas VDY is at 10.17% with +$703 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
VDY
| AuM | $823.94 M | $6,821.65 M |
| Management Fees | 0.09% | 0.20% |
| Exp. ratio | 0.10% | 0.22% |
| Tracking Difference | -0.37% | -0.02% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | +0.90% | +3.13% | +4.26% | +65.79% | - |
VDY | +2.84% | +9.96% | +10.17% | +54.43% | +88.52% | |
| Flows | HBNK | -$151 M | -$243 M | -$244 M | -$505 M | - |
VDY | +$87 M | +$691 M | +$703 M | +$1,791 M | +$2,759 M |
HBNK vs VDY exposure
Countries
HBNK
Canada
99.69%
VDY
Canada
99.57%
Sectors
HBNK
Financials
99.69%
VDY
Financials
55.18%
Energy
27.01%
Other
17.81%
As of April 6, 2026
Top 10 Holdings
HBNK
NATIONAL BANK OF CANADA
17.58%
CDN IMPERIAL BK
17.35%
TORONTO DOMINION
17.25%
BNS
16.27%
ROYAL BK CANADA
15.76%
BANK OF MONTREAL
15.48%
VDY
ROYAL BK CANADA
14.66%
TORONTO DOMINION
10.23%
ENBRIDGE
7.16%
BANK OF MONTREAL
6.41%
CDN IMPERIAL BK
5.87%
BNS
5.85%
CDN NATURAL RESOURCE
5.53%
SUNCOR ENERGY
4.26%
TC ENERGY CORP
4.13%
MANULIFE-S
3.76%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.69%
VDY
Total weight of top 10 holdings out of 56 total
67.86%
Characteristics
Compare
HBNK
VDY
| Provider | Global X | Vanguard |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | FTSE Canada High Dividend Yield Net Tax Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.15% | 3.40% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | November 2, 2012 |
Frequently asked questions about HBNK and VDY
Which ETF has performed better year to date: HBNK or VDY?
As of April 6, 2026, HBNK has returned 4.26% year to date, while VDY has returned 10.17%. VDY is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or VDY?
As of April 6, 2026, HBNK manages $823.94 M in assets, while VDY manages $6.82 B. VDY is the larger fund by AUM.
How are HBNK and VDY managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. VDY is passively managed by Vanguard. It tracks the FTSE Canada High Dividend Yield Net Tax Index - CAD benchmark.
What sectors do HBNK and VDY emphasize?
HBNK is most exposed to Financials. VDY is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: HBNK or VDY?
Year to date, HBNK has seen -$243.78 M in net flows, compared with +$703.36 M for VDY. VDY has attracted more net investor money so far.
How do the fees of HBNK and VDY compare?
HBNK has an expense ratio of 0.10%, while VDY has an expense ratio of 0.22%.
What are the top holdings of HBNK and VDY?
HBNK's largest holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION. VDY's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and ENBRIDGE.
Which ETF is more diversified: HBNK or VDY?
HBNK holds 6 securities, while VDY holds 54. On holdings count, VDY is the more diversified portfolio.
Recent articles about HBNK and VDY
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