MINN
Middlefield Innovation Dividend ETF

Full MINN fund page
VS
HEWB
Global X Equal Weight Canadian Banks Index Corporate Class ETF

Full HEWB fund page

When evaluating costs, MINN features a management fee (MER) of 0.9%, compared to 0.28% for HEWB. Performance-wise, MINN has returned 36.75% year-to-date with -$4 M in net flows, whereas HEWB is at 25.26% with +$14 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-2.00.02.04.06.08.0%May 12May 20May 27Jun 3Jun 10

Key Data

Historical performance and flows

As of June 12, 2026
1M3MYTD1Y3Y
Perf.
MINN
+1.16%+31.73%+36.75%+46.92%+142.09%
HEWB
+8.44%+23.64%+25.26%+67.67%+147.54%
Flows
MINN
+$2 M-$5 M-$4 M-$11 M-$61 M
HEWB
+$2 M+$10 M+$14 M+$11 M+$16 M

MINN vs HEWB exposure

Countries

MINN
Exposure data will be available soon
HEWB
Canada
99.99%

Sectors

MINN
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 12, 2026

Top 10 Holdings

MINN
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%

Diversification

MINN
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%

Characteristics

Compare
MINN
HEWB
ProviderMiddlefieldGlobal X
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodDirect (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingCapitalization
Trailing 12m distribution yield1.23%0.00%
Meets ESG criteriaNoNo
Inception DateMarch 23, 2018January 23, 2019

Frequently asked questions about MINN and HEWB

Which ETF has performed better year to date: MINN or HEWB?
As of June 12, 2026, MINN has returned 36.75% year to date, while HEWB has returned 25.26%. MINN is ahead on YTD performance.
Which ETF is larger by assets under management: MINN or HEWB?
As of June 12, 2026, MINN manages $118.43 M in assets, while HEWB manages $317.93 M. HEWB is the larger fund by AUM.
How are MINN and HEWB managed?
MINN is actively managed by Middlefield. 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: MINN or HEWB?
Year to date, MINN has seen -$4.49 M in net flows, compared with +$14.05 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of MINN and HEWB compare?
MINN has an expense ratio of 1.40%, while HEWB has an expense ratio of 0.28%.

Recent articles about MINN and HEWB

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