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Global X Korea KOSPI 200 Index ETF (KORX) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that KORX focuses its top 3 sector exposures on Technology, Industrials, and Finance, while HEWB leans towards Finance. When evaluating costs, KORX features a management fee (MER) of 0.45%, compared to 0.28% for HEWB. 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
KORX
HEWB
| AuM | $5.76 M | $367.20 M |
| Management Fees | 0.45% | 0.28% |
| Exp. ratio | 0.45% | 0.28% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | KORX | -10.23% | - | - | - | - |
HEWB | +5.35% | +1.59% | +34.93% | +45.81% | +176.98% | |
| Flows | KORX | +$2 M | - | - | - | - |
HEWB | +$9 M | +$11 M | +$38 M | +$38 M | +$34 M |
KORX vs HEWB exposure
Countries
KORX
Republic of Korea
99.99%
HEWB
Canada
100.00%
Sectors
KORX
Technology
67.37%
Industrials
10.84%
Finance
10.84%
Other
10.96%
HEWB
Finance
100.00%
As of November 11, 2026
Top 10 Holdings
KORX
Samsung Electronics Co., Ltd.
34.24%
SK hynix, Inc.
27.57%
SK Square Co. Ltd.
2.85%
Samsung Electro-Mechanics Co., Ltd.
2.31%
KB Financial Group, Inc.
1.40%
Hyundai Motor Co.
1.28%
Shinhan Financial Group Co., Ltd.
1.18%
Doosan Enerbility Co., Ltd.
0.97%
Samsung C&T Corp.
0.90%
HANWHA AEROSPACE Co., Ltd.
0.90%
HEWB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
KORX
Total weight of top 10 holdings out of 200 total
73.60%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
KORX
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | KOSPI 200 Index - KRW | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 21, 2026 | January 23, 2019 |
Frequently asked questions about KORX and HEWB
Which ETF is larger by assets under management: KORX or HEWB?
As of November 11, 2026, KORX manages $5.76 M in assets, while HEWB manages $367.20 M. HEWB is the larger fund by AUM.
How are KORX and HEWB managed?
KORX is passively managed by Global X. It tracks the KOSPI 200 Index - KRW benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do KORX and HEWB emphasize?
KORX is most exposed to Technology, Industrials, and Finance. HEWB is most exposed to Finance.
How do the fees of KORX and HEWB compare?
KORX has an expense ratio of 0.45%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of KORX and HEWB?
KORX's largest holdings include Samsung Electronics Co., Ltd., SK hynix, Inc., and SK Square Co. Ltd.. HEWB's top holdings include The Bank of Nova Scotia, The Toronto-Dominion Bank, and Bank of Montreal.
Which ETF is more diversified: KORX or HEWB?
KORX holds 200 securities, while HEWB holds 6. On holdings count, KORX is the more diversified portfolio.
Recent articles about KORX and HEWB
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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.