VS
When evaluating costs, MKB features a management fee (MER) of 0.4%, compared to 0.09% for HBNK. Performance-wise, MKB has returned 1.23% year-to-date with +$59 M in net flows, whereas HBNK is at 29.88% with -$482 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
MKB
HBNK
| AuM | $914.92 M | $748.64 M |
| Management Fees | 0.40% | 0.09% |
| Exp. ratio | 0.45% | 0.10% |
| Tracking Difference | - | -0.35% |
Historical performance and flows
As of September 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MKB | -1.28% | -2.94% | -1.23% | -1.40% | +12.81% |
HBNK | -4.69% | +2.40% | +29.88% | +48.43% | +153.45% | |
| Flows | MKB | +$9 M | +$35 M | +$59 M | +$81 M | +$388 M |
HBNK | +$34 M | -$65 M | -$482 M | -$592 M | -$92 M |
MKB vs HBNK exposure
Countries
MKB
Exposure data will be available soon
HBNK
Canada
99.59%
Sectors
MKB
Exposure data will be available soon
HBNK
Finance
99.59%
As of September 15, 2026
Top 10 Holdings
MKB
Exposure data will be available soon
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
MKB
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
MKB
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 | 3.42% | 2.65% |
| Meets ESG criteria | No | No |
| Inception Date | April 19, 2016 | July 5, 2023 |
Frequently asked questions about MKB and HBNK
Which ETF has performed better year to date: MKB or HBNK?
As of September 15, 2026, MKB has returned -1.23% year to date, while HBNK has returned 29.88%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: MKB or HBNK?
As of September 15, 2026, MKB manages $914.92 M in assets, while HBNK manages $748.64 M. MKB is the larger fund by AUM.
How are MKB and HBNK managed?
MKB 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: MKB or HBNK?
Year to date, MKB has seen +$59.27 M in net flows, compared with -$482.41 M for HBNK. MKB has attracted more net investor money so far.
How do the fees of MKB and HBNK compare?
MKB has an expense ratio of 0.45%, while HBNK has an expense ratio of 0.10%.
Recent articles about MKB and HBNK
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