VS
When evaluating costs, MPAY features a management fee (MER) of 0.4%, compared to 0.6% for BANK. Performance-wise, MPAY has returned 0.27% year-to-date with -$54 M in net flows, whereas BANK is at 34.19% with +$334 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
MPAY
BANK
| AuM | $40.89 M | $1,340.62 M |
| Management Fees | 0.40% | 0.60% |
| Exp. ratio | 0.51% | 0.83% |
| Tracking Difference | - | - |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MPAY | +1.53% | -0.59% | -0.27% | -0.90% | +6.12% |
BANK | +4.84% | +1.85% | +34.19% | +46.34% | +120.56% | |
| Flows | MPAY | -$6 M | -$56 M | -$54 M | -$56 M | +$51 M |
BANK | +$0 M | +$62 M | +$334 M | +$394 M | +$929 M |
MPAY vs BANK exposure
Countries
MPAY
Exposure data will be available soon
BANK
Exposure data will be available soon
Sectors
MPAY
Exposure data will be available soon
BANK
Exposure data will be available soon
As of November 11, 2026
Top 10 Holdings
MPAY
Exposure data will be available soon
BANK
Exposure data will be available soon
Diversification
MPAY
Exposure data will be available soon
BANK
Exposure data will be available soon
Characteristics
Compare
MPAY
BANK
| Provider | Global X | Evolve ETFs |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | - | - |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 8.84% | 13.81% |
| Meets ESG criteria | No | No |
| Inception Date | October 4, 2023 | February 1, 2022 |
Frequently asked questions about MPAY and BANK
Which ETF has performed better year to date: MPAY or BANK?
As of November 11, 2026, MPAY has returned -0.27% year to date, while BANK has returned 34.19%. BANK is ahead on YTD performance.
Which ETF is larger by assets under management: MPAY or BANK?
As of November 11, 2026, MPAY manages $40.89 M in assets, while BANK manages $1.34 B. BANK is the larger fund by AUM.
How are MPAY and BANK managed?
MPAY is actively managed by Global X. It does not track an index. BANK is actively managed by Evolve ETFs. It does not track an index.
Which ETF is attracting more investor flows: MPAY or BANK?
Year to date, MPAY has seen -$53.87 M in net flows, compared with +$333.76 M for BANK. BANK has attracted more net investor money so far.
How do the fees of MPAY and BANK compare?
MPAY has an expense ratio of 0.51%, while BANK has an expense ratio of 0.83%.
Recent articles about MPAY and BANK
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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.