VS
When evaluating costs, LYCT features a management fee (MER) of 0.25%, compared to 0.28% for HEWB. Performance-wise, LYCT has returned 0.87% year-to-date with +$2 M in net flows, whereas HEWB is at 27.92% with +$27 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
LYCT
HEWB
| AuM | $24.63 M | $337.15 M |
| Management Fees | 0.25% | 0.28% |
| Exp. ratio | 0.32% | 0.28% |
| Tracking Difference | - | -0.82% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | LYCT | -0.10% | +0.48% | +0.87% | +1.51% | +10.62% |
HEWB | -3.97% | +6.81% | +27.92% | +56.97% | +153.07% | |
| Flows | LYCT | +$0 M | +$0 M | +$2 M | +$20 M | +$21 M |
HEWB | +$4 M | +$15 M | +$27 M | +$26 M | +$33 M |
LYCT vs HEWB exposure
Countries
LYCT
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
LYCT
Exposure data will be available soon
HEWB
Finance
100.00%
As of August 21, 2026
Top 10 Holdings
LYCT
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
LYCT
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
LYCT
HEWB
| Provider | Lysander Funds | 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 | Capitalization |
| Trailing 12m distribution yield | 1.71% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 1, 2022 | January 23, 2019 |
Frequently asked questions about LYCT and HEWB
Which ETF has performed better year to date: LYCT or HEWB?
As of August 21, 2026, LYCT has returned 0.87% year to date, while HEWB has returned 27.92%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: LYCT or HEWB?
As of August 21, 2026, LYCT manages $24.63 M in assets, while HEWB manages $337.15 M. HEWB is the larger fund by AUM.
How are LYCT and HEWB managed?
LYCT is actively managed by Lysander Funds. It does not track an index. HEWB 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: LYCT or HEWB?
Year to date, LYCT has seen +$1.84 M in net flows, compared with +$26.84 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of LYCT and HEWB compare?
LYCT has an expense ratio of 0.32%, while HEWB has an expense ratio of 0.28%.
Recent articles about LYCT 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.