HXE
Global X S&P/TSX Capped Energy Index Corporate Class ETF

Full HXE fund page
VS
HEWB
Global X Equal Weight Canadian Banks Index Corporate Class ETF

Full HEWB fund page

Compare Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE) vs Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) to find the best fit for your portfolio. HXE provides Energy, Finance, and Non-Energy Materials exposures, while HEWB is primarily weighted in Finance. When evaluating costs, HXE features a management fee (MER) of 0.28%, compared to 0.28% for HEWB. Performance-wise, HXE has returned 52.29% year-to-date with +$15 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

-4.0-2.00.02.04.06.08.0%Aug 11Aug 18Aug 25Sep 1Sep 9

Key Data

Historical performance and flows

As of September 11, 2026
1M3MYTD1Y3Y
Perf.
HXE
+6.20%+9.25%+52.29%+64.65%+89.64%
HEWB
-2.11%+4.98%+30.01%+49.39%+158.66%
Flows
HXE
+$0 M+$0 M+$15 M-$76 M-$10 M
HEWB
+$6 M+$20 M+$32 M+$32 M+$39 M

HXE vs HEWB exposure

Countries

HXE
Exposure data will be available soon
HEWB
Canada
100.00%

Sectors

HXE
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 11, 2026

Top 10 Holdings

HXE
Exposure data will be available soon
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

HXE
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%

Characteristics

Compare
HXE
HEWB
ProviderGlobal XGlobal X
ManagementPassively managedPassively managed
BenchmarkS&P/TSX Capped Energy Total Return Index - CADSolactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodIndirectDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyCapitalizationCapitalization
Trailing 12m distribution yield0.00%0.00%
Meets ESG criteriaNoNo
Inception DateSeptember 16, 2013January 23, 2019

Frequently asked questions about HXE and HEWB

Which ETF has performed better year to date: HXE or HEWB?
As of September 11, 2026, HXE has returned 52.29% year to date, while HEWB has returned 30.01%. HXE is ahead on YTD performance.
Which ETF is larger by assets under management: HXE or HEWB?
As of September 11, 2026, HXE manages $150.75 M in assets, while HEWB manages $348.25 M. HEWB is the larger fund by AUM.
How are HXE and HEWB managed?
HXE is passively managed by Global X. It tracks the S&P/TSX Capped Energy 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 HXE and HEWB emphasize?
HXE is most exposed to Energy, Finance, and Non-Energy Materials. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: HXE or HEWB?
Year to date, HXE has seen +$15.13 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 HXE and HEWB compare?
HXE has an expense ratio of 0.27%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of HXE and HEWB?
HXE's largest holdings include Suncor Energy, Inc., Canadian Natural Resources Ltd., and Cenovus Energy, Inc.. HEWB's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: HXE or HEWB?
HXE holds 27 securities, while HEWB holds 6. On holdings count, HXE is the more diversified portfolio.

Recent articles about HXE and HEWB

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