VS
Compare Global X Marijuana Life Sciences Index ETF (HMMJ) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. HMMJ provides Health Care, Real Estate, and Financials exposures, while HBNK is primarily weighted in Financials. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.09% for HBNK. Performance-wise, HMMJ has returned 4.99% year-to-date with -$0 M in net flows, whereas HBNK is at 14.52% with -$446 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
HMMJ
HBNK
| AuM | $44.07 M | $694.07 M |
| Management Fees | 0.95% | 0.09% |
| Exp. ratio | 1.00% | 0.10% |
| Tracking Difference | -11.02% | -0.43% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | +2.84% | +0.80% | -4.99% | +9.09% | -21.84% |
HBNK | +10.86% | +13.01% | +14.52% | +66.58% | - | |
| Flows | HMMJ | +$0 M | -$0 M | -$0 M | -$6 M | -$33 M |
HBNK | -$204 M | -$396 M | -$446 M | -$703 M | - |
HMMJ vs HBNK exposure
Countries
HMMJ
Canada
47.14%
USA
30.35%
Other
12.19%
Ireland
10.32%
HBNK
Canada
99.99%
Sectors
HMMJ
Other
45.64%
Health Care
28.92%
Real Estate
9.58%
Financials
7.31%
Other
8.55%
HBNK
Financials
99.99%
As of May 1, 2026
Top 10 Holdings
HMMJ
CRONOS GROUP INC
10.35%
JAZZ PHARMACEUTICALS
10.32%
CA83307B1013
9.64%
INNOVATIVE INDUSTRIAL PROPERTIES
9.58%
CA1380357048
9.03%
SILVER SPIKE INVESTMENT
5.54%
HIGH TIDE INC
5.53%
CA05156X8504
5.09%
US21833P3010
4.91%
SCOTTS
4.81%
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
HMMJ
Total weight of top 10 holdings out of 15 total
74.80%
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
HMMJ
HBNK
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | North American Marijuana Total Return 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 | 1.37% | 2.90% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2017 | July 5, 2023 |
Frequently asked questions about HMMJ and HBNK
Which ETF has performed better year to date: HMMJ or HBNK?
As of May 1, 2026, HMMJ has returned -4.99% year to date, while HBNK has returned 14.52%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or HBNK?
As of May 1, 2026, HMMJ manages $44.07 M in assets, while HBNK manages $694.07 M. HBNK is the larger fund by AUM.
How are HMMJ and HBNK managed?
HMMJ is passively managed by Global X. It tracks the North American Marijuana Total Return 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 HMMJ and HBNK emphasize?
HMMJ is most exposed to Health Care, Real Estate, and Financials. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: HMMJ or HBNK?
Year to date, HMMJ has seen -$0.31 M in net flows, compared with -$446.18 M for HBNK. HMMJ has attracted more net investor money so far.
How do the fees of HMMJ and HBNK compare?
HMMJ has an expense ratio of 1.00%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HMMJ and HBNK?
HMMJ's largest holdings include CRONOS GROUP INC and JAZZ PHARMACEUTICALS. HBNK's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: HMMJ or HBNK?
HMMJ holds 11 securities, while HBNK holds 6. On holdings count, HMMJ is the more diversified portfolio.
Recent articles about HMMJ and HBNK
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.