VS
When evaluating costs, NMMO features a management fee (MER) of 0.3%, compared to 0.09% for HBNK. 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
NMMO
HBNK
| AuM | $1.03 M | $736.43 M |
| Management Fees | 0.30% | 0.09% |
| Exp. ratio | 0.30% | 0.10% |
| Tracking Difference | - | -0.35% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NMMO | -0.79% | +0.39% | - | - | - |
HBNK | -0.30% | +11.09% | +32.46% | +55.67% | +162.45% | |
| Flows | NMMO | +$0 M | +$0 M | - | - | - |
HBNK | +$7 M | -$91 M | -$509 M | -$686 M | -$82 M |
NMMO vs HBNK exposure
Countries
NMMO
Exposure data will be available soon
HBNK
Canada
99.59%
Sectors
NMMO
Exposure data will be available soon
HBNK
Finance
99.59%
As of September 3, 2026
Top 10 Holdings
NMMO
Exposure data will be available soon
HBNK
Royal Bank of Canada
17.26%
Bank of Montreal
17.04%
The Toronto-Dominion Bank
16.90%
The Bank of Nova Scotia
16.41%
Canadian Imperial Bank of Commerce
16.05%
National Bank of Canada
15.93%
Diversification
NMMO
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
NMMO
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, Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.59% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2026 | July 5, 2023 |
Frequently asked questions about NMMO and HBNK
Which ETF is larger by assets under management: NMMO or HBNK?
As of September 3, 2026, NMMO manages $1.03 M in assets, while HBNK manages $736.43 M. HBNK is the larger fund by AUM.
How are NMMO and HBNK managed?
NMMO 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.
How do the fees of NMMO and HBNK compare?
NMMO has an expense ratio of 0.30%, while HBNK has an expense ratio of 0.10%.
Recent articles about NMMO and HBNK
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