VS
JPMorgan US Bond Active ETF (JBND) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that JBND focuses its top 3 sector exposures on Sovereign, Finance, and Industrials, while HBNK leans towards Finance. When evaluating costs, JBND features a management fee (MER) of 0.25%, compared to 0.09% for HBNK. Performance-wise, JBND has returned 1.58% year-to-date with +$238 M in net flows, whereas HBNK is at 28.99% with -$484 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
JBND
HBNK
| AuM | $322.02 M | $742.42 M |
| Management Fees | 0.25% | 0.09% |
| Exp. ratio | 0.25% | 0.10% |
| Tracking Difference | - | -0.35% |
Historical performance and flows
As of September 9, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | JBND | -0.36% | -0.95% | -1.58% | - | - |
HBNK | -3.19% | +5.07% | +28.99% | +49.85% | +157.86% | |
| Flows | JBND | -$0 M | +$64 M | +$238 M | - | - |
HBNK | +$31 M | -$69 M | -$484 M | -$668 M | -$61 M |
JBND vs HBNK exposure
Countries
JBND
Other
50.51%
USA
44.02%
HBNK
Canada
99.59%
Sectors
JBND
Other
50.51%
Sovereign
32.18%
Finance
8.45%
Other
8.87%
HBNK
Finance
99.59%
As of September 9, 2026
Top 10 Holdings
JBND
USA, Notes 3.625% 31aug2029, USD (AC-2029)
1.63%
USA, Notes 3.875% 15aug2034, USD (E-2034)
1.49%
USA, Notes 4% 15feb2034, USD (B-2034)
1.43%
USA, Notes 1.875% 15feb2032, USD (B-2032)
1.40%
USA, Notes 4.25% 31may2033, USD (L-2033)
1.35%
USA, STRIPS 0% 15feb2036, USD (10957D)
1.16%
USA, Notes 4% 31jul2032, USD (N-2032)
0.92%
USA, Notes 4.125% 29feb2032, USD (H-2032)
0.92%
USA, STRIPS 0% 15feb2040, USD (10961D)
0.90%
USA, STRIPS 0% 15aug2037, USD (10774D)
0.86%
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
JBND
Total weight of top 10 holdings out of 1,691 total
12.06%
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
JBND
HBNK
| Provider | J.P. Morgan Asset Management | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.66% |
| Meets ESG criteria | No | No |
| Inception Date | September 24, 2025 | July 5, 2023 |
Frequently asked questions about JBND and HBNK
Which ETF has performed better year to date: JBND or HBNK?
As of September 9, 2026, JBND has returned -1.58% year to date, while HBNK has returned 28.99%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: JBND or HBNK?
As of September 9, 2026, JBND manages $322.02 M in assets, while HBNK manages $742.42 M. HBNK is the larger fund by AUM.
How are JBND and HBNK managed?
JBND is actively managed by J.P. Morgan Asset Management. 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 JBND and HBNK emphasize?
JBND is most exposed to Sovereign, Finance, and Industrials. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: JBND or HBNK?
Year to date, JBND has seen +$238.01 M in net flows, compared with -$483.52 M for HBNK. JBND has attracted more net investor money so far.
How do the fees of JBND and HBNK compare?
JBND has an expense ratio of 0.25%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of JBND and HBNK?
JBND's largest holdings include USA, Notes 3.625% 31aug2029, USD (AC-2029) and USA, Notes 3.875% 15aug2034, USD (E-2034). HBNK's top holdings include Royal Bank of Canada, Bank of Montreal, and The Toronto-Dominion Bank.
Which ETF is more diversified: JBND or HBNK?
JBND holds 601 securities, while HBNK holds 6. On holdings count, JBND is the more diversified portfolio.
Recent articles about JBND and HBNK
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