VS
When evaluating costs, MHYB features a management fee (MER) of 0.6%, compared to 0.09% for HBNK. Performance-wise, MHYB has returned 0.49% year-to-date with +$20 M in net flows, whereas HBNK is at 29.48% with -$429 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
MHYB
HBNK
| AuM | $287.13 M | $803.00 M |
| Management Fees | 0.60% | 0.09% |
| Exp. ratio | 0.66% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 18, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MHYB | +0.55% | +0.86% | +0.49% | +3.62% | +19.61% |
HBNK | +11.27% | +28.71% | +29.48% | +73.16% | - | |
| Flows | MHYB | +$19 M | +$19 M | +$20 M | +$10 M | +$29 M |
HBNK | +$4 M | -$179 M | -$429 M | -$680 M | - |
MHYB vs HBNK exposure
Countries
MHYB
Exposure data will be available soon
HBNK
Canada
99.93%
Sectors
MHYB
Exposure data will be available soon
HBNK
Financials
99.93%
As of June 18, 2026
Top 10 Holdings
MHYB
Exposure data will be available soon
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
Diversification
MHYB
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
MHYB
HBNK
| Provider | Mackenzie Investments | 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 | 4.68% | 2.58% |
| Meets ESG criteria | No | No |
| Inception Date | April 26, 2017 | July 5, 2023 |
Frequently asked questions about MHYB and HBNK
Which ETF has performed better year to date: MHYB or HBNK?
As of June 18, 2026, MHYB has returned 0.49% year to date, while HBNK has returned 29.48%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: MHYB or HBNK?
As of June 18, 2026, MHYB manages $287.13 M in assets, while HBNK manages $803.00 M. HBNK is the larger fund by AUM.
How are MHYB and HBNK managed?
MHYB is actively managed by Mackenzie Investments. 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.
Which ETF is attracting more investor flows: MHYB or HBNK?
Year to date, MHYB has seen +$20.37 M in net flows, compared with -$429.10 M for HBNK. MHYB has attracted more net investor money so far.
How do the fees of MHYB and HBNK compare?
MHYB has an expense ratio of 0.66%, while HBNK has an expense ratio of 0.10%.
Recent articles about MHYB and HBNK
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