Global X Mid-Term U.S. Treasury Premium Yield ETF (MPAY) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MPAY focuses its top 3 sector exposures on Sovereign and Non-Corporate, while HEWB leans towards Finance. When evaluating costs, MPAY features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, MPAY has returned 0.83% year-to-date with +$4 M in net flows, whereas HEWB is at 32.58% with +$23 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
| AuM | $73.67 M | $345.76 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.56% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MPAY | -0.64% | -0.69% | +0.83% | +3.55% | - |
HEWB | +1.97% | +16.45% | +32.58% | +67.04% | +147.84% | |
| Flows | MPAY | -$1 M | +$8 M | +$4 M | -$0 M | - |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$25 M |
MPAY vs HEWB exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Global X | 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 | Capitalization |
| Trailing 12m distribution yield | 8.80% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 4, 2023 | January 23, 2019 |
Frequently asked questions about MPAY and HEWB
Which ETF has performed better year to date: MPAY or HEWB?
Which ETF is larger by assets under management: MPAY or HEWB?
How are MPAY and HEWB managed?
What sectors do MPAY and HEWB emphasize?
Which ETF is attracting more investor flows: MPAY or HEWB?
How do the fees of MPAY and HEWB compare?
What are the top holdings of MPAY and HEWB?
Which ETF is more diversified: MPAY or HEWB?
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