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Compare Global X Equal Weight Canadian Banks Index ETF (HBNK) vs iShares Core S&P/TSX Capped Composite Index ETF (XIC) to find the best fit for your portfolio. HBNK provides Financials exposures, while XIC is primarily weighted in Financials, Materials, and Energy. When evaluating costs, HBNK features a management fee (MER) of 0.09%, compared to 0.05% for XIC. Performance-wise, HBNK has returned 4.26% year-to-date with -$244 M in net flows, whereas XIC is at 5.23% with +$4 B. 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
XIC
| AuM | $823.94 M | $27,069.73 M |
| Management Fees | 0.09% | 0.05% |
| Exp. ratio | 0.10% | 0.06% |
| Tracking Difference | -0.37% | -0.09% |
Historical performance and flows
As of April 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HBNK | +0.90% | +3.13% | +4.26% | +65.79% | - |
XIC | +0.53% | +2.95% | +5.23% | +48.63% | +78.76% | |
| Flows | HBNK | -$151 M | -$243 M | -$244 M | -$505 M | - |
XIC | +$1,285 M | +$4,112 M | +$4,071 M | +$6,540 M | +$9,935 M |
HBNK vs XIC exposure
Countries
HBNK
Canada
99.69%
XIC
Canada
99.06%
Sectors
HBNK
Financials
99.69%
XIC
Financials
27.79%
Materials
18.28%
Energy
16.04%
Other
13.24%
Other
24.66%
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%
XIC
ROYAL BK CANADA
6.50%
TORONTO DOMINION
4.58%
SHOPIFY SUBORDINATE VOTING
4.09%
AGNICO EAGLE MINES LTD
3.50%
ENBRIDGE
3.21%
BANK OF MONTREAL
2.84%
CA11271J1075
2.63%
CDN IMPERIAL BK
2.60%
BNS
2.60%
CDN NATURAL RESOURCE
2.53%
Diversification
HBNK
Total weight of top 10 holdings out of 6 total
99.69%
XIC
Total weight of top 10 holdings out of 217 total
35.08%
Characteristics
Compare
HBNK
XIC
| Provider | Global X | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | S&P/TSX Capped Composite Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 3.15% | 2.13% |
| Meets ESG criteria | No | No |
| Inception Date | July 5, 2023 | February 16, 2001 |
Frequently asked questions about HBNK and XIC
Which ETF has performed better year to date: HBNK or XIC?
As of April 6, 2026, HBNK has returned 4.26% year to date, while XIC has returned 5.23%. XIC is ahead on YTD performance.
Which ETF is larger by assets under management: HBNK or XIC?
As of April 6, 2026, HBNK manages $823.94 M in assets, while XIC manages $27.07 B. XIC is the larger fund by AUM.
How are HBNK and XIC managed?
HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. XIC is passively managed by iShares. It tracks the S&P/TSX Capped Composite Total Return Index - CAD benchmark.
What sectors do HBNK and XIC emphasize?
HBNK is most exposed to Financials. XIC is most exposed to Financials, Materials, and Energy.
Which ETF is attracting more investor flows: HBNK or XIC?
Year to date, HBNK has seen -$243.78 M in net flows, compared with +$4,071.17 M for XIC. XIC has attracted more net investor money so far.
How do the fees of HBNK and XIC compare?
HBNK has an expense ratio of 0.10%, while XIC has an expense ratio of 0.06%.
What are the top holdings of HBNK and XIC?
HBNK's largest holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION. XIC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: HBNK or XIC?
HBNK holds 6 securities, while XIC holds 193. On holdings count, XIC is the more diversified portfolio.
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