VS
Accelerate Absolute Return Hedge Fund (HDGE) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HDGE focuses its top 3 sector exposures on Financials, Consumer Discretionary, and Consumer Staples, while HBNK leans towards Financials. When evaluating costs, HDGE features a management fee (MER) of 0%, compared to 0.09% for HBNK. Performance-wise, HDGE has returned 5% year-to-date with +$1 M in net flows, whereas HBNK is at 9.18% with -$246 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
HDGE
HBNK
| AuM | $43.72 M | $861.05 M |
| Management Fees | 0.00% | 0.09% |
| Exp. ratio | 3.95% | 0.10% |
| Tracking Difference | - | -0.37% |
Historical performance and flows
As of April 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HDGE | +4.71% | +5.22% | +5.00% | +14.80% | +35.77% |
HBNK | +5.81% | +7.61% | +9.18% | +73.73% | - | |
| Flows | HDGE | -$1 M | +$1 M | +$1 M | -$6 M | +$29 M |
HBNK | -$29 M | -$206 M | -$246 M | -$505 M | - |
HDGE vs HBNK exposure
Countries
HDGE
Australia
33.58%
USA
27.74%
Canada
19.95%
Other
9.27%
Other
9.46%
HBNK
Canada
99.69%
Sectors
HDGE
Other
37.37%
Financials
11.96%
Consumer Discretionary
10.07%
Consumer Staples
9.02%
Communication Services
8.61%
Other
22.98%
HBNK
Financials
99.69%
As of April 10, 2026
Top 10 Holdings
HDGE
AU000000IDR4
33.58%
INTERNATIONAL SEAWAYS
1.99%
TENET HEALTHCARE
1.98%
ENERFLEX
1.96%
ENDEAVOUR MINING
1.89%
HERBALIFE NUTRITION
1.87%
WESDOME GOLD MINES
1.81%
NEW YORK TIMES
1.80%
CENTERRA GOLD
1.77%
MILLICOM INTERNATIONAL CELLULAR
1.77%
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%
Diversification
HDGE
Total weight of top 10 holdings out of 124 total
50.43%
HBNK
Total weight of top 10 holdings out of 6 total
99.69%
Characteristics
Compare
HDGE
HBNK
| Provider | Accelerate Financial Technologies | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.40% | 3.01% |
| Meets ESG criteria | No | No |
| Inception Date | May 10, 2019 | July 5, 2023 |
Frequently asked questions about HDGE and HBNK
Which ETF has performed better year to date: HDGE or HBNK?
As of April 10, 2026, HDGE has returned 5.00% year to date, while HBNK has returned 9.18%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HDGE or HBNK?
As of April 10, 2026, HDGE manages $43.72 M in assets, while HBNK manages $861.05 M. HBNK is the larger fund by AUM.
How are HDGE and HBNK managed?
HDGE is actively managed by Accelerate Financial Technologies. It does not track an index. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HDGE and HBNK emphasize?
HDGE is most exposed to Financials, Consumer Discretionary, and Consumer Staples. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: HDGE or HBNK?
Year to date, HDGE has seen +$0.71 M in net flows, compared with -$245.54 M for HBNK. HDGE has attracted more net investor money so far.
How do the fees of HDGE and HBNK compare?
HDGE has an expense ratio of 3.95%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HDGE and HBNK?
HDGE's largest holdings include INTERNATIONAL SEAWAYS and TENET HEALTHCARE. HBNK's top holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION.
Which ETF is more diversified: HDGE or HBNK?
HDGE holds 111 securities, while HBNK holds 6. On holdings count, HDGE is the more diversified portfolio.
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