VS
Compare Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) vs CI First Asset CanBanc Income Class ETF (CIC) to find the best fit for your portfolio. HEWB and CIC provide the same top sector exposures: Financials. When evaluating costs, HEWB features a management fee (MER) of 0.28%, compared to 0.65% for CIC. Performance-wise, HEWB has returned 21.64% year-to-date with +$12 M in net flows, whereas CIC is at 18.29% with -$8 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
HEWB
CIC
| AuM | $307.01 M | $429.76 M |
| Management Fees | 0.28% | 0.65% |
| Exp. ratio | 0.28% | 0.81% |
| Tracking Difference | -0.78% | - |
Historical performance and flows
As of June 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HEWB | +5.66% | +18.78% | +21.64% | +62.64% | +139.85% |
CIC | +4.81% | +15.74% | +18.29% | +51.88% | +109.18% | |
| Flows | HEWB | +$0 M | +$8 M | +$12 M | +$9 M | +$14 M |
CIC | +$1 M | -$12 M | -$8 M | +$76 M | +$100 M |
HEWB vs CIC exposure
Countries
HEWB
Canada
99.99%
CIC
Canada
99.91%
Sectors
HEWB
Financials
99.99%
CIC
Financials
99.91%
As of June 8, 2026
Top 10 Holdings
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
CIC
NATIONAL BANK OF CANADA
17.05%
CDN IMPERIAL BK
17.04%
TORONTO DOMINION
16.58%
BANK OF MONTREAL
16.45%
ROYAL BK CANADA
16.42%
BNS
16.37%
Diversification
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
CIC
Total weight of top 10 holdings out of 6 total
99.91%
Characteristics
Compare
HEWB
CIC
| Provider | Global X | CI |
| Management | Passively managed | Actively managed |
| Benchmark | Solactive Equal Weight Canada Banks GTR Index - CAD | - |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 5.16% |
| Meets ESG criteria | No | No |
| Inception Date | January 23, 2019 | August 18, 2010 |
Frequently asked questions about HEWB and CIC
Which ETF has performed better year to date: HEWB or CIC?
As of June 8, 2026, HEWB has returned 21.64% year to date, while CIC has returned 18.29%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HEWB or CIC?
As of June 8, 2026, HEWB manages $307.01 M in assets, while CIC manages $429.76 M. CIC is the larger fund by AUM.
How are HEWB and CIC managed?
HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark. CIC is actively managed by CI. It does not track an index.
What sectors do HEWB and CIC emphasize?
HEWB is most exposed to Financials. CIC is most exposed to Financials.
Which ETF is attracting more investor flows: HEWB or CIC?
Year to date, HEWB has seen +$12.25 M in net flows, compared with -$7.93 M for CIC. HEWB has attracted more net investor money so far.
How do the fees of HEWB and CIC compare?
HEWB has an expense ratio of 0.28%, while CIC has an expense ratio of 0.81%.
What are the top holdings of HEWB and CIC?
HEWB's largest holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS. CIC's top holdings include NATIONAL BANK OF CANADA, CDN IMPERIAL BK, and TORONTO DOMINION.
Which ETF is more diversified: HEWB or CIC?
HEWB holds 6 securities, while CIC holds 6. On holdings count, HEWB is the more diversified portfolio.
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