VS
When evaluating costs, HDGE features a management fee (MER) of 0%, compared to 0.28% for HEWB. Performance-wise, HDGE has returned 4.62% year-to-date with -$3 M in net flows, whereas HEWB is at 27.58% with +$31 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 | $38.99 M | $340.03 M |
| Management Fees | 0.00% | 0.28% |
| Exp. ratio | 3.95% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HDGE | +5.22% | +4.25% | +4.62% | +7.99% | +25.24% |
HEWB | -2.01% | -3.61% | +27.58% | +41.79% | +164.09% | |
| Flows | HDGE | -$4 M | -$5 M | -$3 M | -$3 M | +$19 M |
HEWB | +$2 M | +$11 M | +$31 M | +$30 M | +$37 M |
HDGE vs HEWB exposure
Countries
HDGE
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
HDGE
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 5, 2026
Top 10 Holdings
HDGE
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
HDGE
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
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 | 1.41% | 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 October 5, 2026, HDGE has returned 4.62% year to date, while HEWB has returned 27.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HDGE or HEWB?
As of October 5, 2026, HDGE manages $38.99 M in assets, while HEWB manages $340.03 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.
Which ETF is attracting more investor flows: HDGE or HEWB?
Year to date, HDGE has seen -$3.44 M in net flows, compared with +$30.73 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%.
Recent articles about HDGE and HEWB
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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.





