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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 Health Care, Real Estate, and Financials exposures, while HEWB is primarily weighted in Financials. When evaluating costs, HMMJ features a management fee (MER) of 0.95%, compared to 0.28% for HEWB. Performance-wise, HMMJ has returned 1.55% year-to-date with -$0 M in net flows, whereas HEWB is at 12.81% with +$12 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 | $45.66 M | $284.65 M |
| Management Fees | 0.95% | 0.28% |
| Exp. ratio | 1.00% | 0.28% |
| Tracking Difference | -19.63% | -0.73% |
Historical performance and flows
As of April 24, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HMMJ | +7.41% | -1.79% | -1.55% | +14.41% | -18.94% |
HEWB | +11.37% | +12.04% | +12.81% | +67.72% | +114.52% | |
| Flows | HMMJ | +$0 M | -$0 M | -$0 M | -$6 M | -$33 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
HMMJ vs HEWB exposure
Countries
HMMJ
Canada
47.14%
USA
30.35%
Other
12.19%
Ireland
10.32%
HEWB
Canada
99.99%
Sectors
HMMJ
Other
45.64%
Health Care
28.92%
Real Estate
9.58%
Financials
7.31%
Other
8.55%
HEWB
Financials
99.99%
As of April 24, 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%
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%
Diversification
HMMJ
Total weight of top 10 holdings out of 15 total
74.80%
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
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 | 1.33% | 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 April 24, 2026, HMMJ has returned -1.55% year to date, while HEWB has returned 12.81%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: HMMJ or HEWB?
As of April 24, 2026, HMMJ manages $45.66 M in assets, while HEWB manages $284.65 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 Health Care, Real Estate, and Financials. HEWB is most exposed to Financials.
Which ETF is attracting more investor flows: HMMJ or HEWB?
Year to date, HMMJ has seen -$0.31 M in net flows, compared with +$12.19 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 CRONOS GROUP INC and JAZZ PHARMACEUTICALS. HEWB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: HMMJ or HEWB?
HMMJ holds 11 securities, while HEWB holds 6. On holdings count, HMMJ is the more diversified portfolio.
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