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Compare HAMILTON CHAMPIONS Canadian Bank Equal-Weight Index ETF (HEB) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. HEB and HBNK provide the same top sector exposures: Finance. When evaluating costs, HEB features a management fee (MER) of 0.19%, compared to 0.09% for HBNK. Performance-wise, HEB has returned 36.18% year-to-date with -$14 M in net flows, whereas HBNK is at 36.26% with -$509 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
HEB
HBNK
| AuM | $1,367.49 M | $754.34 M |
| Management Fees | 0.19% | 0.09% |
| Exp. ratio | 0.05% | 0.10% |
| Tracking Difference | -0.42% | -0.34% |
Historical performance and flows
As of November 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HEB | +6.59% | +2.53% | +36.18% | +49.26% | +180.31% |
HBNK | +6.59% | +2.56% | +36.26% | +49.34% | +181.11% | |
| Flows | HEB | -$24 M | -$98 M | -$14 M | +$32 M | +$49 M |
HBNK | -$28 M | +$7 M | -$509 M | -$579 M | -$287 M |
HEB vs HBNK exposure
Countries
HEB
Canada
99.94%
HBNK
Canada
99.73%
Sectors
HEB
Finance
99.94%
HBNK
Finance
99.73%
As of November 4, 2026
Top 10 Holdings
HEB
The Bank of Nova Scotia
17.13%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.74%
Canadian Imperial Bank of Commerce
16.54%
Royal Bank of Canada
16.50%
National Bank of Canada
16.00%
HBNK
The Bank of Nova Scotia
17.08%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.77%
Canadian Imperial Bank of Commerce
16.48%
Royal Bank of Canada
16.43%
National Bank of Canada
15.95%
Diversification
HEB
Total weight of top 10 holdings out of 6 total
99.94%
HBNK
Total weight of top 10 holdings out of 6 total
99.73%
Characteristics
Compare
HEB
HBNK
| Provider | Hamilton ETFs | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.61% | 2.57% |
| Meets ESG criteria | No | No |
| Inception Date | April 3, 2023 | July 5, 2023 |
Frequently asked questions about HEB and HBNK
Which ETF has performed better year to date: HEB or HBNK?
As of November 4, 2026, HEB has returned 36.18% year to date, while HBNK has returned 36.26%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HEB or HBNK?
As of November 4, 2026, HEB manages $1.37 B in assets, while HBNK manages $754.34 M. HEB is the larger fund by AUM.
How are HEB and HBNK managed?
HEB is passively managed by Hamilton ETFs. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HEB and HBNK emphasize?
HEB is most exposed to Finance. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HEB or HBNK?
Year to date, HEB has seen -$13.63 M in net flows, compared with -$509.29 M for HBNK. HEB has attracted more net investor money so far.
How do the fees of HEB and HBNK compare?
HEB has an expense ratio of 0.05%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HEB and HBNK?
HEB's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal. HBNK's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: HEB or HBNK?
HEB holds 6 securities, while HBNK holds 6. On holdings count, HEB is the more diversified portfolio.
Recent articles about HEB and HBNK
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