VS
When evaluating costs, MSTY features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, MSTY has returned 4.9% year-to-date with +$17 M in net flows, whereas HEWB is at 34.4% with +$38 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
MSTY
HEWB
| AuM | $57.69 M | $365.77 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.80% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MSTY | -7.46% | +42.87% | -4.90% | -45.32% | - |
HEWB | +3.46% | +3.05% | +34.40% | +48.32% | +188.78% | |
| Flows | MSTY | +$1 M | +$1 M | +$17 M | +$34 M | - |
HEWB | +$6 M | +$11 M | +$38 M | +$37 M | +$38 M |
MSTY vs HEWB exposure
Countries
MSTY
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
MSTY
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 29, 2026
Top 10 Holdings
MSTY
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
MSTY
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
MSTY
HEWB
| Provider | Harvest Portfolios Group | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 57.64% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | January 16, 2025 | January 23, 2019 |
Frequently asked questions about MSTY and HEWB
Which ETF has performed better year to date: MSTY or HEWB?
As of October 29, 2026, MSTY has returned -4.90% year to date, while HEWB has returned 34.40%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: MSTY or HEWB?
As of October 29, 2026, MSTY manages $57.69 M in assets, while HEWB manages $365.77 M. HEWB is the larger fund by AUM.
How are MSTY and HEWB managed?
MSTY is actively managed by Harvest Portfolios Group. 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: MSTY or HEWB?
Year to date, MSTY has seen +$17.16 M in net flows, compared with +$38.16 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of MSTY and HEWB compare?
MSTY has an expense ratio of 0.80%, while HEWB has an expense ratio of 0.28%.
Recent articles about MSTY and HEWB
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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.