VS
When evaluating costs, MUSA features a management fee (MER) of 0.75%, compared to 0.28% for HEWB. 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
MUSA
HEWB
| AuM | - | - |
| Management Fees | 0.75% | 0.28% |
| Exp. ratio | 1.49% | 0.28% |
| Tracking Difference | - | - |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MUSA | - | - | - | - | - |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | MUSA | - | - | - | - | - |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
MUSA vs HEWB exposure
Countries
MUSA
Exposure data will be available soon
HEWB
Exposure data will be available soon
Sectors
MUSA
Exposure data will be available soon
HEWB
Exposure data will be available soon
As of June 11, 2026
Top 10 Holdings
MUSA
Exposure data will be available soon
HEWB
Exposure data will be available soon
Diversification
MUSA
Exposure data will be available soon
HEWB
Exposure data will be available soon
Characteristics
Compare
MUSA
HEWB
| Provider | Middlefield | 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 | - | - |
| Meets ESG criteria | - | - |
| Inception Date | December 19, 2013 | January 23, 2019 |
Frequently asked questions about MUSA and HEWB
How do the fees of MUSA and HEWB compare?
MUSA has an expense ratio of 1.49%, while HEWB has an expense ratio of 0.28%.
How are MUSA and HEWB managed?
MUSA is actively managed by Middlefield. 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.
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