VS
When evaluating costs, HEQT features a management fee (MER) of 0.2%, compared to 0.28% for HEWB. Performance-wise, HEQT has returned 16.93% year-to-date with +$74 M in net flows, whereas HEWB is at 34.93% with +$38 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
HEQT
HEWB
| AuM | $433.78 M | $367.20 M |
| Management Fees | 0.20% | 0.28% |
| Exp. ratio | 0.20% | 0.28% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HEQT | -0.79% | +0.18% | +16.93% | +16.63% | +80.37% |
HEWB | +5.35% | +1.59% | +34.93% | +45.81% | +176.98% | |
| Flows | HEQT | +$14 M | +$30 M | +$74 M | +$79 M | +$70 M |
HEWB | +$9 M | +$11 M | +$38 M | +$38 M | +$34 M |
HEQT vs HEWB exposure
Countries
HEQT
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
HEQT
Exposure data will be available soon
HEWB
Finance
100.00%
As of November 11, 2026
Top 10 Holdings
HEQT
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
HEQT
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HEQT
HEWB
| Provider | Global X | 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 | 1.68% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2019 | January 23, 2019 |
Frequently asked questions about HEQT and HEWB
Which ETF has performed better year to date: HEQT or HEWB?
As of November 11, 2026, HEQT has returned 16.93% year to date, while HEWB has returned 34.93%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HEQT or HEWB?
As of November 11, 2026, HEQT manages $433.78 M in assets, while HEWB manages $367.20 M. HEQT is the larger fund by AUM.
How are HEQT and HEWB managed?
HEQT is actively managed by Global X. 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: HEQT or HEWB?
Year to date, HEQT has seen +$74.39 M in net flows, compared with +$38.16 M for HEWB. HEQT has attracted more net investor money so far.
How do the fees of HEQT and HEWB compare?
HEQT has an expense ratio of 0.20%, while HEWB has an expense ratio of 0.28%.
Recent articles about HEQT 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.