VS
Evolve E-Gaming Index ETF (HERO) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HERO focuses its top 3 sector exposures on Technology, while HBNK leans towards Finance. When evaluating costs, HERO features a management fee (MER) of 0.7%, compared to 0.09% for HBNK. Performance-wise, HERO has returned 15.94% year-to-date with -$3 M in net flows, whereas HBNK is at 33.35% with -$464 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
HERO
HBNK
| AuM | $11.97 M | $790.09 M |
| Management Fees | 0.70% | 0.09% |
| Exp. ratio | 0.89% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HERO | +3.36% | -5.82% | -15.94% | -20.54% | +30.51% |
HBNK | +2.47% | +18.34% | +33.35% | +68.23% | +150.07% | |
| Flows | HERO | -$1 M | -$1 M | -$3 M | -$7 M | -$21 M |
HBNK | -$34 M | +$7 M | -$464 M | -$770 M | -$8 M |
HERO vs HBNK exposure
Countries
HERO
USA
33.47%
Japan
31.77%
China
14.91%
Republic of Korea
8.67%
Other
11.18%
HBNK
Canada
99.94%
Sectors
HERO
Technology
99.50%
HBNK
Finance
99.94%
As of July 21, 2026
Top 10 Holdings
HERO
Take-Two Interactive Software, Inc.
13.06%
NetEase, Inc.
11.44%
Electronic Arts, Inc.
10.19%
Roblox Corp.
10.11%
Nintendo Co., Ltd.
7.80%
KONAMI Group Corp.
7.45%
NEXON Co., Ltd.
4.92%
Capcom Co., Ltd.
4.69%
KRAFTON, Inc
3.27%
International Games System Co., Ltd.
3.26%
HBNK
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.34%
Bank of Montreal
17.04%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
15.85%
National Bank of Canada
15.79%
Diversification
HERO
Total weight of top 10 holdings out of 45 total
76.21%
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
Characteristics
Compare
HERO
HBNK
| Provider | Evolve ETFs | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive eGaming PI 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 | 0.54% | 2.53% |
| Meets ESG criteria | No | No |
| Inception Date | June 17, 2019 | July 5, 2023 |
Frequently asked questions about HERO and HBNK
Which ETF has performed better year to date: HERO or HBNK?
As of July 21, 2026, HERO has returned -15.94% year to date, while HBNK has returned 33.35%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HERO or HBNK?
As of July 21, 2026, HERO manages $11.97 M in assets, while HBNK manages $790.09 M. HBNK is the larger fund by AUM.
How are HERO and HBNK managed?
HERO is passively managed by Evolve ETFs. It tracks the Solactive eGaming PI 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 HERO and HBNK emphasize?
HERO is most exposed to Technology. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HERO or HBNK?
Year to date, HERO has seen -$2.97 M in net flows, compared with -$463.50 M for HBNK. HERO has attracted more net investor money so far.
How do the fees of HERO and HBNK compare?
HERO has an expense ratio of 0.89%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HERO and HBNK?
HERO's largest holdings include Take-Two Interactive Software, Inc., NetEase, Inc., and Electronic Arts, Inc.. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: HERO or HBNK?
HERO holds 45 securities, while HBNK holds 6. On holdings count, HERO is the more diversified portfolio.
Recent articles about HERO and HBNK
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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.

