VS
Harvest Utilities Leaders Income ETF (HUTL) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that HUTL focuses its top 3 sector exposures on Utilities, Telecommunications, and Energy, while HBNK leans towards Finance. When evaluating costs, HUTL features a management fee (MER) of 0.5%, compared to 0.09% for HBNK. Performance-wise, HUTL has returned 9.85% year-to-date with +$125 M in net flows, whereas HBNK is at 32.84% with -$516 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
HUTL
HBNK
| AuM | $548.36 M | $733.38 M |
| Management Fees | 0.50% | 0.09% |
| Exp. ratio | 0.67% | 0.10% |
| Tracking Difference | - | -0.34% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | HUTL | +1.37% | -0.72% | +9.85% | +13.25% | +47.20% |
HBNK | +1.96% | +16.00% | +32.84% | +68.52% | +147.88% | |
| Flows | HUTL | +$14 M | +$50 M | +$125 M | +$191 M | +$343 M |
HBNK | -$69 M | -$69 M | -$516 M | -$837 M | -$62 M |
HUTL vs HBNK exposure
Countries
HUTL
USA
38.40%
Canada
20.14%
United Kingdom
15.56%
Other
25.90%
HBNK
Canada
99.94%
Sectors
HUTL
Utilities
42.21%
Telecommunications
36.41%
Energy
16.72%
HBNK
Finance
99.94%
As of July 31, 2026
Top 10 Holdings
HUTL
Pinnacle West Capital Corp.
3.76%
Eversource Energy
3.75%
Exelon Corp.
3.71%
Edison International
3.68%
FirstEnergy Corp.
3.67%
Emera, Inc.
3.62%
Dominion Energy, Inc.
3.60%
Comcast Corp.
3.53%
Veolia Environnement SA
3.52%
Enbridge, Inc.
3.41%
HBNK
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.34%
Bank of Montreal
17.04%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
15.85%
National Bank of Canada
15.79%
Diversification
HUTL
Total weight of top 10 holdings out of 31 total
36.25%
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
Characteristics
Compare
HUTL
HBNK
| Provider | Harvest Portfolios Group | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 7.90% | 2.56% |
| Meets ESG criteria | No | No |
| Inception Date | January 15, 2019 | July 5, 2023 |
Frequently asked questions about HUTL and HBNK
Which ETF has performed better year to date: HUTL or HBNK?
As of July 31, 2026, HUTL has returned 9.85% year to date, while HBNK has returned 32.84%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: HUTL or HBNK?
As of July 31, 2026, HUTL manages $548.36 M in assets, while HBNK manages $733.38 M. HBNK is the larger fund by AUM.
How are HUTL and HBNK managed?
HUTL is actively managed by Harvest Portfolios Group. It does not track an index. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do HUTL and HBNK emphasize?
HUTL is most exposed to Utilities, Telecommunications, and Energy. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: HUTL or HBNK?
Year to date, HUTL has seen +$124.86 M in net flows, compared with -$515.84 M for HBNK. HUTL has attracted more net investor money so far.
How do the fees of HUTL and HBNK compare?
HUTL has an expense ratio of 0.67%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of HUTL and HBNK?
HUTL's largest holdings include Pinnacle West Capital Corp., Eversource Energy, and Exelon Corp.. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: HUTL or HBNK?
HUTL holds 31 securities, while HBNK holds 6. On holdings count, HUTL is the more diversified portfolio.
Recent articles about HUTL and HBNK
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.