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Compare HAMILTON CHAMPIONS Canadian Bank Equal-Weight Index ETF (HEB) vs RBC Canadian Bank Yield Index ETF (RBNK) to find the best fit for your portfolio. HEB and RBNK provide the same top sector exposures: Finance. When evaluating costs, HEB features a management fee (MER) of 0.19%, compared to 0.29% for RBNK. Performance-wise, HEB has returned 36.18% year-to-date with -$14 M in net flows, whereas RBNK is at 38.25% with +$22 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
RBNK
| AuM | $1,367.49 M | $530.51 M |
| Management Fees | 0.19% | 0.29% |
| Exp. ratio | 0.05% | 0.32% |
| Tracking Difference | -0.42% | 4.17% |
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% |
RBNK | +6.37% | +3.43% | +38.25% | +50.06% | +183.91% | |
| Flows | HEB | -$24 M | -$98 M | -$14 M | +$32 M | +$49 M |
RBNK | +$3 M | -$3 M | +$22 M | +$28 M | -$3 M |
HEB vs RBNK exposure
Countries
HEB
Canada
99.94%
RBNK
Canada
99.92%
Sectors
HEB
Finance
99.94%
RBNK
Finance
99.92%
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%
RBNK
The Bank of Nova Scotia
26.91%
Bank of Montreal
24.19%
The Toronto-Dominion Bank
16.97%
Canadian Imperial Bank of Commerce
16.09%
Royal Bank of Canada
8.13%
National Bank of Canada
7.63%
Diversification
HEB
Total weight of top 10 holdings out of 6 total
99.94%
RBNK
Total weight of top 10 holdings out of 6 total
99.92%
Characteristics
Compare
HEB
RBNK
| Provider | Hamilton ETFs | RBC Global Asset Management |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | Solactive Canada Bank Yield Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.61% | 2.67% |
| Meets ESG criteria | No | No |
| Inception Date | April 3, 2023 | October 20, 2017 |
Frequently asked questions about HEB and RBNK
Which ETF has performed better year to date: HEB or RBNK?
As of November 4, 2026, HEB has returned 36.18% year to date, while RBNK has returned 38.25%. RBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HEB or RBNK?
As of November 4, 2026, HEB manages $1.37 B in assets, while RBNK manages $530.51 M. HEB is the larger fund by AUM.
How are HEB and RBNK managed?
HEB is passively managed by Hamilton ETFs. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. RBNK is passively managed by RBC Global Asset Management. It tracks the Solactive Canada Bank Yield Index - CAD benchmark.
What sectors do HEB and RBNK emphasize?
HEB is most exposed to Finance. RBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HEB or RBNK?
Year to date, HEB has seen -$13.63 M in net flows, compared with +$21.75 M for RBNK. RBNK has attracted more net investor money so far.
How do the fees of HEB and RBNK compare?
HEB has an expense ratio of 0.05%, while RBNK has an expense ratio of 0.32%.
What are the top holdings of HEB and RBNK?
HEB's largest holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal. RBNK's top holdings include The Bank of Nova Scotia, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HEB or RBNK?
HEB holds 6 securities, while RBNK holds 6. On holdings count, HEB is the more diversified portfolio.
Recent articles about HEB and RBNK
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