VS
Accelerate Absolute Return Hedge Fund (HDGE) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) 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 HEWB leans towards Financials. When evaluating costs, HDGE features a management fee (MER) of 0%, compared to 0.28% for HEWB. Performance-wise, HDGE has returned 5% year-to-date with +$1 M in net flows, whereas HEWB is at 9.11% with +$7 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
HEWB
| AuM | $43.72 M | $270.75 M |
| Management Fees | 0.00% | 0.28% |
| Exp. ratio | 3.95% | 0.28% |
| Tracking Difference | - | -0.73% |
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% |
HEWB | +5.80% | +7.55% | +9.11% | +73.43% | +110.84% | |
| Flows | HDGE | -$1 M | +$1 M | +$1 M | -$6 M | +$29 M |
HEWB | +$3 M | +$6 M | +$7 M | +$3 M | -$8 M |
HDGE vs HEWB exposure
Countries
HDGE
Australia
33.58%
USA
27.74%
Canada
19.95%
Other
9.27%
Other
9.46%
HEWB
Canada
99.99%
Sectors
HDGE
Other
37.37%
Financials
11.96%
Consumer Discretionary
10.07%
Consumer Staples
9.02%
Communication Services
8.61%
Other
22.98%
HEWB
Financials
99.99%
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%
HEWB
TORONTO DOMINION
17.51%
BNS
17.08%
CDN IMPERIAL BK
17.02%
ROYAL BK CANADA
16.58%
NATIONAL BANK OF CANADA
15.93%
BANK OF MONTREAL
15.87%
Diversification
HDGE
Total weight of top 10 holdings out of 124 total
50.43%
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
HDGE
HEWB
| 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 | Capitalization |
| Trailing 12m distribution yield | 1.40% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 10, 2019 | January 23, 2019 |
Frequently asked questions about HDGE and HEWB
Which ETF has performed better year to date: HDGE or HEWB?
As of April 10, 2026, HDGE has returned 5.00% year to date, while HEWB has returned 9.11%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HDGE or HEWB?
As of April 10, 2026, HDGE manages $43.72 M in assets, while HEWB manages $270.75 M. HEWB is the larger fund by AUM.
How are HDGE and HEWB managed?
HDGE is actively managed by Accelerate Financial Technologies. It does not track an index. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HDGE and HEWB emphasize?
HDGE is most exposed to Financials, Consumer Discretionary, and Consumer Staples. HEWB is most exposed to Financials.
Which ETF is attracting more investor flows: HDGE or HEWB?
Year to date, HDGE has seen +$0.71 M in net flows, compared with +$7.48 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of HDGE and HEWB compare?
HDGE has an expense ratio of 3.95%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of HDGE and HEWB?
HDGE's largest holdings include INTERNATIONAL SEAWAYS and TENET HEALTHCARE. HEWB's top holdings include TORONTO DOMINION, BNS, and CDN IMPERIAL BK.
Which ETF is more diversified: HDGE or HEWB?
HDGE holds 111 securities, while HEWB holds 6. On holdings count, HDGE is the more diversified portfolio.
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