Global X Artificial Intelligence Infrastructure Index ETF (MTRX) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that MTRX focuses its top 3 sector exposures on Industrials, Materials, and Information Technology, while HEWB leans towards Financials. When evaluating costs, MTRX features a management fee (MER) of 0.49%, compared to 0.28% for HEWB. Performance-wise, MTRX has returned 32.12% year-to-date with +$38 M in net flows, whereas HEWB is at 25.26% with +$14 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 | $55.02 M | $317.93 M |
| Management Fees | 0.49% | 0.28% |
| Exp. ratio | 0.60% | 0.28% |
| Tracking Difference | -1.90% | -0.78% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MTRX | -0.90% | +16.52% | +32.12% | +74.66% | - |
HEWB | +8.44% | +23.64% | +25.26% | +67.67% | +147.54% | |
| Flows | MTRX | +$7 M | +$17 M | +$38 M | +$45 M | - |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
MTRX vs HEWB exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Mirae Asset AI Infrastructure Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.03% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | February 20, 2025 | January 23, 2019 |
Frequently asked questions about MTRX and HEWB
Which ETF has performed better year to date: MTRX or HEWB?
Which ETF is larger by assets under management: MTRX or HEWB?
How are MTRX and HEWB managed?
What sectors do MTRX and HEWB emphasize?
Which ETF is attracting more investor flows: MTRX or HEWB?
How do the fees of MTRX and HEWB compare?
What are the top holdings of MTRX and HEWB?
Which ETF is more diversified: MTRX or HEWB?
Recent articles about MTRX and HEWB
Top Canadian AI ETFs Rally as Nvidia Drives Global Tech Boom
Nvidia’s record-breaking rally is energizing AI markets globally. Canadian ETFs tied to artificial intelligence and semiconductors are seeing a strong bounce as investor confidence returns.
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
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.