VS
When evaluating costs, MMAC features a management fee (MER) of 0.55%, compared to 0.09% for HBNK. 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
MMAC
HBNK
| AuM | $8.28 M | $807.27 M |
| Management Fees | 0.55% | 0.09% |
| Exp. ratio | 0.55% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MMAC | -0.02% | +0.73% | - | - | - |
HBNK | +6.04% | +19.91% | +35.86% | +71.53% | +159.08% | |
| Flows | MMAC | +$2 M | +$7 M | - | - | - |
HBNK | -$44 M | +$39 M | -$461 M | -$767 M | +$3 M |
MMAC vs HBNK exposure
Countries
MMAC
Exposure data will be available soon
HBNK
Canada
100.00%
Sectors
MMAC
Exposure data will be available soon
HBNK
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
MMAC
Exposure data will be available soon
HBNK
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
MMAC
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
MMAC
HBNK
| Provider | Manulife 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 | - | 2.48% |
| Meets ESG criteria | No | No |
| Inception Date | March 17, 2026 | July 5, 2023 |
Frequently asked questions about MMAC and HBNK
Which ETF is larger by assets under management: MMAC or HBNK?
As of July 17, 2026, MMAC manages $8.28 M in assets, while HBNK manages $807.27 M. HBNK is the larger fund by AUM.
How are MMAC and HBNK managed?
MMAC is actively managed by Manulife 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.
How do the fees of MMAC and HBNK compare?
MMAC has an expense ratio of 0.55%, while HBNK has an expense ratio of 0.10%.
Recent articles about MMAC and HBNK
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