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Global X S&P 500 CAD Hedged Index Corporate Class ETF (HSH) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HSH focuses its top 3 sector exposures on Technology, Finance, and Healthcare, while HBNK leans towards Finance. When evaluating costs, HSH features a management fee (MER) of 0.11%, compared to 0.09% for HBNK. Performance-wise, HSH has returned 11.22% year-to-date with -$25 M in net flows, whereas HBNK is at 30.47% with -$510 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
HSH
HBNK
| AuM | $350.10 M | $724.28 M |
| Management Fees | 0.11% | 0.09% |
| Exp. ratio | 0.11% | 0.10% |
| Tracking Difference | -0.25% | -0.35% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HSH | -0.97% | +0.49% | +11.22% | +18.22% | +67.82% |
HBNK | -1.80% | +8.93% | +30.47% | +54.80% | +158.51% | |
| Flows | HSH | +$0 M | -$2 M | -$25 M | -$26 M | -$50 M |
HBNK | +$6 M | -$93 M | -$510 M | -$680 M | -$83 M |
HSH vs HBNK exposure
Countries
HSH
Exposure data will be available soon
HBNK
Canada
99.59%
Sectors
HSH
Exposure data will be available soon
HBNK
Finance
99.59%
As of September 2, 2026
Top 10 Holdings
HSH
Exposure data will be available soon
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
HSH
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
HSH
HBNK
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 CAD Hedged TR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Indirect | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Capitalization | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.63% |
| Meets ESG criteria | No | No |
| Inception Date | September 19, 2016 | July 5, 2023 |
Frequently asked questions about HSH and HBNK
Which ETF has performed better year to date: HSH or HBNK?
As of September 2, 2026, HSH has returned 11.22% year to date, while HBNK has returned 30.47%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HSH or HBNK?
As of September 2, 2026, HSH manages $350.10 M in assets, while HBNK manages $724.28 M. HBNK is the larger fund by AUM.
How are HSH and HBNK managed?
HSH is passively managed by Global X. It tracks the S&P 500 CAD Hedged TR 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 HSH and HBNK emphasize?
HSH is most exposed to Technology, Finance, and Healthcare. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HSH or HBNK?
Year to date, HSH has seen -$24.57 M in net flows, compared with -$510.19 M for HBNK. HSH has attracted more net investor money so far.
How do the fees of HSH and HBNK compare?
HSH has an expense ratio of 0.11%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HSH and HBNK?
HSH's largest holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc.. HBNK's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HSH or HBNK?
HSH holds 496 securities, while HBNK holds 6. On holdings count, HSH is the more diversified portfolio.
Recent articles about HSH and HBNK
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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.