VS
When evaluating costs, NNRG features a management fee (MER) of 1.5%, compared to 0.28% for HEWB. Performance-wise, NNRG has returned 42.52% year-to-date with +$65 M in net flows, whereas HEWB is at 23.85% 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
Compare
NNRG
HEWB
| AuM | $443.50 M | $314.36 M |
| Management Fees | 1.50% | 0.28% |
| Exp. ratio | 1.79% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | NNRG | +1.53% | +15.81% | +42.52% | +60.84% | +104.77% |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | NNRG | +$12 M | +$54 M | +$65 M | +$15 M | -$188 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
NNRG vs HEWB exposure
Countries
NNRG
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
NNRG
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 11, 2026
Top 10 Holdings
NNRG
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
NNRG
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
NNRG
HEWB
| Provider | Ninepoint Partners | 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 | 0.13% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | May 14, 2021 | January 23, 2019 |
Frequently asked questions about NNRG and HEWB
Which ETF has performed better year to date: NNRG or HEWB?
As of June 11, 2026, NNRG has returned 42.52% year to date, while HEWB has returned 23.85%. NNRG is ahead on YTD performance.
Which ETF is larger by assets under management: NNRG or HEWB?
As of June 11, 2026, NNRG manages $443.50 M in assets, while HEWB manages $314.36 M. NNRG is the larger fund by AUM.
How are NNRG and HEWB managed?
NNRG is actively managed by Ninepoint Partners. 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.
Which ETF is attracting more investor flows: NNRG or HEWB?
Year to date, NNRG has seen +$64.69 M in net flows, compared with +$14.05 M for HEWB. NNRG has attracted more net investor money so far.
How do the fees of NNRG and HEWB compare?
NNRG has an expense ratio of 1.79%, while HEWB has an expense ratio of 0.28%.
Recent articles about NNRG and HEWB
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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.