VS
Compare Global X Marijuana Life Sciences Index ETF (HMMJ) vs Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) to find the best fit for your portfolio. HMMJ provides Consumer Non-Cyclicals, Finance, and Healthcare exposures, while HEWB is primarily weighted in Finance. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.28% for HEWB. Performance-wise, HMMJ has returned 4.58% year-to-date with -$2 M in net flows, whereas HEWB is at 30.01% with +$32 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
HEWB
| AuM | $42.13 M | $348.25 M |
| Management Fees | 0.95% | 0.28% |
| Exp. ratio | 1.00% | 0.28% |
| Tracking Difference | 6.91% | -0.74% |
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% |
HEWB | -2.11% | +4.98% | +30.01% | +49.39% | +158.66% | |
| Flows | HMMJ | -$1 M | -$1 M | -$2 M | -$4 M | -$32 M |
HEWB | +$6 M | +$20 M | +$32 M | +$32 M | +$39 M |
HMMJ vs HEWB exposure
Countries
HMMJ
Canada
43.77%
USA
28.25%
Other
16.66%
Ireland
11.32%
HEWB
Canada
100.00%
Sectors
HMMJ
Consumer Non-Cyclicals
38.36%
Other
16.66%
Finance
15.92%
Healthcare
15.69%
Consumer Cyclicals
8.07%
HEWB
Finance
100.00%
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%
HEWB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
HMMJ
Total weight of top 10 holdings out of 13 total
76.66%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
HMMJ
HEWB
| 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 | Capitalization |
| Trailing 12m distribution yield | 1.39% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 16, 2017 | January 23, 2019 |
Frequently asked questions about HMMJ and HEWB
Which ETF has performed better year to date: HMMJ or HEWB?
As of September 11, 2026, HMMJ has returned -4.58% year to date, while HEWB has returned 30.01%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or HEWB?
As of September 11, 2026, HMMJ manages $42.13 M in assets, while HEWB manages $348.25 M. HEWB is the larger fund by AUM.
How are HMMJ and HEWB managed?
HMMJ is passively managed by Global X. It tracks the North American Marijuana Total Return Index - CAD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HMMJ and HEWB emphasize?
HMMJ is most exposed to Consumer Non-Cyclicals, Finance, and Healthcare. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: HMMJ or HEWB?
Year to date, HMMJ has seen -$2.36 M in net flows, compared with +$32.44 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of HMMJ and HEWB compare?
HMMJ has an expense ratio of 1.00%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of HMMJ and HEWB?
HMMJ's largest holdings include Jazz Pharmaceuticals Plc, Cronos Group, Inc., and Innovative Industrial Properties, Inc.. HEWB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HMMJ or HEWB?
HMMJ holds 13 securities, while HEWB holds 6. On holdings count, HMMJ is the more diversified portfolio.
Recent articles about HMMJ and HEWB
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.