VS
When evaluating costs, IICE features a management fee (MER) of 0.25%, compared to 0.09% for HBNK. Performance-wise, IICE has returned 11.47% year-to-date with +$3 M in net flows, whereas HBNK is at 32.72% with -$462 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
IICE
HBNK
| AuM | $17.62 M | $787.51 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.28% | 0.10% |
| Tracking Difference | 0.29% | -0.44% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | IICE | -2.54% | +3.27% | +11.47% | +24.71% | +63.58% |
HBNK | +1.99% | +16.52% | +32.72% | +67.44% | +149.42% | |
| Flows | IICE | +$0 M | +$0 M | +$3 M | -$84 M | -$29 M |
HBNK | -$33 M | +$8 M | -$462 M | -$768 M | -$7 M |
IICE vs HBNK exposure
Countries
IICE
Exposure data will be available soon
HBNK
Canada
99.94%
Sectors
IICE
Exposure data will be available soon
HBNK
Finance
99.94%
As of July 20, 2026
Top 10 Holdings
IICE
Exposure data will be available soon
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
IICE
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
Characteristics
Compare
IICE
HBNK
| Provider | Invesco | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Developed Ex-North America & Korea LargeMidCap Scored & Screened Index NTR - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 12.81% | 2.54% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 12, 2022 | July 5, 2023 |
Frequently asked questions about IICE and HBNK
Which ETF has performed better year to date: IICE or HBNK?
As of July 20, 2026, IICE has returned 11.47% year to date, while HBNK has returned 32.72%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: IICE or HBNK?
As of July 20, 2026, IICE manages $17.62 M in assets, while HBNK manages $787.51 M. HBNK is the larger fund by AUM.
How are IICE and HBNK managed?
IICE is passively managed by Invesco. It tracks the S&P Developed Ex-North America & Korea LargeMidCap Scored & Screened Index NTR - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: IICE or HBNK?
Year to date, IICE has seen +$2.54 M in net flows, compared with -$462.37 M for HBNK. IICE has attracted more net investor money so far.
How do the fees of IICE and HBNK compare?
IICE has an expense ratio of 0.28%, while HBNK has an expense ratio of 0.10%.
Recent articles about IICE and HBNK
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