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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 Consumer Non-Cyclicals, Finance, and Healthcare exposures, while HBNK is primarily weighted in Finance. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.09% for HBNK. Performance-wise, HMMJ has returned 4.58% year-to-date with -$2 M in net flows, whereas HBNK is at 30.23% with -$484 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 | $42.13 M | $749.54 M |
| Management Fees | 0.95% | 0.09% |
| Exp. ratio | 1.00% | 0.10% |
| Tracking Difference | 6.91% | -0.35% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | -1.90% | -0.70% | -4.58% | -16.05% | -32.74% |
HBNK | -2.07% | +5.08% | +30.23% | +49.78% | +160.33% | |
| Flows | HMMJ | -$1 M | -$1 M | -$2 M | -$4 M | -$32 M |
HBNK | +$33 M | -$71 M | -$484 M | -$669 M | -$61 M |
HMMJ vs HBNK exposure
Countries
HMMJ
Canada
43.77%
USA
28.25%
Other
16.66%
Ireland
11.32%
HBNK
Canada
99.59%
Sectors
HMMJ
Consumer Non-Cyclicals
38.36%
Other
16.66%
Finance
15.92%
Healthcare
15.69%
Consumer Cyclicals
8.07%
HBNK
Finance
99.59%
As of September 11, 2026
Top 10 Holdings
HMMJ
Jazz Pharmaceuticals Plc
11.32%
Cronos Group, Inc.
10.76%
Innovative Industrial Properties, Inc.
10.03%
Canopy Growth Corp.
9.48%
SNDL, Inc.
8.89%
Chicago Atlantic BDC, Inc.
5.89%
High Tide, Inc.
5.41%
Scotts Miracle-Gro Co.
5.30%
Aurora Cannabis, Inc.
5.21%
Corbus Pharmaceuticals Holdings, Inc.
4.37%
HBNK
Royal Bank of Canada
17.26%
Bank of Montreal
17.04%
The Toronto-Dominion Bank
16.90%
The Bank of Nova Scotia
16.41%
Canadian Imperial Bank of Commerce
16.05%
National Bank of Canada
15.93%
Diversification
HMMJ
Total weight of top 10 holdings out of 13 total
76.66%
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
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 | 1.39% | 2.64% |
| 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 September 11, 2026, HMMJ has returned -4.58% year to date, while HBNK has returned 30.23%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or HBNK?
As of September 11, 2026, HMMJ manages $42.13 M in assets, while HBNK manages $749.54 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 Consumer Non-Cyclicals, Finance, and Healthcare. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HMMJ or HBNK?
Year to date, HMMJ has seen -$2.36 M in net flows, compared with -$483.52 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 Jazz Pharmaceuticals Plc, Cronos Group, Inc., and Innovative Industrial Properties, Inc.. HBNK's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HMMJ or HBNK?
HMMJ holds 13 securities, while HBNK holds 6. On holdings count, HMMJ is the more diversified portfolio.
Recent articles about HMMJ and HBNK
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