VS
When evaluating costs, NHYB features a management fee (MER) of 0.69%, compared to 0.09% for HBNK. Performance-wise, NHYB has returned 0.93% year-to-date with +$82 M in net flows, whereas HBNK is at 15.07% with -$447 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
NHYB
HBNK
| AuM | $1,448.02 M | $696.43 M |
| Management Fees | 0.69% | 0.09% |
| Exp. ratio | 0.68% | 0.10% |
| Tracking Difference | - | -0.43% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NHYB | +0.62% | -0.89% | -0.93% | +0.64% | +7.11% |
HBNK | +9.63% | +10.05% | +15.07% | +65.74% | - | |
| Flows | NHYB | +$13 M | +$55 M | +$82 M | +$232 M | +$244 M |
HBNK | -$203 M | -$382 M | -$447 M | -$704 M | - |
NHYB vs HBNK exposure
Countries
NHYB
USA
80.00%
Other
20.00%
HBNK
Canada
99.99%
Sectors
NHYB
Other
100.00%
HBNK
Financials
99.99%
As of May 7, 2026
Top 10 Holdings
NHYB
US698ESCAA82
80.00%
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
NHYB
Total weight of top 10 holdings out of 1 total
80.00%
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
NHYB
HBNK
| Provider | National Bank 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 | 0.00% | 2.88% |
| Meets ESG criteria | No | No |
| Inception Date | March 4, 2020 | July 5, 2023 |
Frequently asked questions about NHYB and HBNK
Which ETF has performed better year to date: NHYB or HBNK?
As of May 7, 2026, NHYB has returned -0.93% year to date, while HBNK has returned 15.07%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: NHYB or HBNK?
As of May 7, 2026, NHYB manages $1.45 B in assets, while HBNK manages $696.43 M. NHYB is the larger fund by AUM.
How are NHYB and HBNK managed?
NHYB is actively managed by National Bank 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: NHYB or HBNK?
Year to date, NHYB has seen +$82.07 M in net flows, compared with -$447.17 M for HBNK. NHYB has attracted more net investor money so far.
How do the fees of NHYB and HBNK compare?
NHYB has an expense ratio of 0.68%, while HBNK has an expense ratio of 0.10%.
Which ETF is more diversified: NHYB or HBNK?
NHYB holds 1 securities, while HBNK holds 6. On holdings count, HBNK is the more diversified portfolio.
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