VS
When evaluating costs, MTBB features a management fee (MER) of 0.2%, compared to 0.09% for HBNK. Performance-wise, MTBB has returned 0.13% year-to-date with +$0 M in net flows, whereas HBNK is at 29.41% with -$487 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
MTBB
HBNK
| AuM | $4.95 M | $739.96 M |
| Management Fees | 0.20% | 0.09% |
| Exp. ratio | 0.20% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 15, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTBB | +0.12% | -0.81% | -0.13% | -0.09% | - |
HBNK | -0.36% | -5.02% | +29.41% | +45.24% | +166.14% | |
| Flows | MTBB | +$0 M | +$0 M | +$0 M | +$0 M | - |
HBNK | -$4 M | -$24 M | -$487 M | -$533 M | -$189 M |
MTBB vs HBNK exposure
Countries
MTBB
Exposure data will be available soon
HBNK
Canada
99.74%
Sectors
MTBB
Exposure data will be available soon
HBNK
Finance
99.74%
As of October 15, 2026
Top 10 Holdings
MTBB
Exposure data will be available soon
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
Diversification
MTBB
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
MTBB
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 | 3.05% | 2.68% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2025 | July 5, 2023 |
Frequently asked questions about MTBB and HBNK
Which ETF has performed better year to date: MTBB or HBNK?
As of October 15, 2026, MTBB has returned -0.13% year to date, while HBNK has returned 29.41%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: MTBB or HBNK?
As of October 15, 2026, MTBB manages $4.95 M in assets, while HBNK manages $739.96 M. HBNK is the larger fund by AUM.
How are MTBB and HBNK managed?
MTBB 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: MTBB or HBNK?
Year to date, MTBB has seen +$0.00 M in net flows, compared with -$486.68 M for HBNK. MTBB has attracted more net investor money so far.
How do the fees of MTBB and HBNK compare?
MTBB has an expense ratio of 0.20%, while HBNK has an expense ratio of 0.10%.
Recent articles about MTBB and HBNK
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