VS
When evaluating costs, NINV features a management fee (MER) of 0.75%, compared to 0.09% for HBNK. Performance-wise, NINV has returned 11.55% 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
NINV
HBNK
| AuM | $1.11 M | $739.96 M |
| Management Fees | 0.75% | 0.09% |
| Exp. ratio | 1.14% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NINV | +2.05% | +2.03% | +11.55% | +10.33% | - |
HBNK | -0.36% | -5.02% | +29.41% | +45.24% | +166.14% | |
| Flows | NINV | +$0 M | +$0 M | +$0 M | +$0 M | - |
HBNK | -$4 M | -$24 M | -$487 M | -$533 M | -$189 M |
NINV vs HBNK exposure
Countries
NINV
Exposure data will be available soon
HBNK
Canada
99.74%
Sectors
NINV
Exposure data will be available soon
HBNK
Finance
99.74%
As of October 16, 2026
Top 10 Holdings
NINV
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
NINV
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
NINV
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 | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.68% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2025 | July 5, 2023 |
Frequently asked questions about NINV and HBNK
Which ETF has performed better year to date: NINV or HBNK?
As of October 16, 2026, NINV has returned 11.55% year to date, while HBNK has returned 29.41%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: NINV or HBNK?
As of October 16, 2026, NINV manages $1.11 M in assets, while HBNK manages $739.96 M. HBNK is the larger fund by AUM.
How are NINV and HBNK managed?
NINV 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: NINV or HBNK?
Year to date, NINV has seen +$0.00 M in net flows, compared with -$486.68 M for HBNK. NINV has attracted more net investor money so far.
How do the fees of NINV and HBNK compare?
NINV has an expense ratio of 1.14%, while HBNK has an expense ratio of 0.10%.
Recent articles about NINV and HBNK
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