VS
When evaluating costs, OPPS features a management fee (MER) of 0.73%, compared to 0.09% for HBNK. Performance-wise, OPPS has returned 0.67% year-to-date with +$11 M in net flows, whereas HBNK is at 32.19% with -$518 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
OPPS
HBNK
| AuM | $32.99 M | $722.90 M |
| Management Fees | 0.73% | 0.09% |
| Exp. ratio | 0.73% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OPPS | -0.03% | -0.58% | +0.67% | +0.75% | - |
HBNK | +2.94% | -0.44% | +32.19% | +45.71% | +185.21% | |
| Flows | OPPS | +$1 M | +$2 M | +$11 M | +$10 M | - |
HBNK | -$34 M | +$1 M | -$518 M | -$586 M | -$250 M |
OPPS vs HBNK exposure
Countries
OPPS
Exposure data will be available soon
HBNK
Canada
99.73%
Sectors
OPPS
Exposure data will be available soon
HBNK
Finance
99.73%
As of October 29, 2026
Top 10 Holdings
OPPS
Exposure data will be available soon
HBNK
The Bank of Nova Scotia
17.08%
The Toronto-Dominion Bank
17.02%
Bank of Montreal
16.77%
Canadian Imperial Bank of Commerce
16.48%
Royal Bank of Canada
16.43%
National Bank of Canada
15.95%
Diversification
OPPS
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.73%
Characteristics
Compare
OPPS
HBNK
| Provider | Manulife 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 | 3.87% | 2.85% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2024 | July 5, 2023 |
Frequently asked questions about OPPS and HBNK
Which ETF has performed better year to date: OPPS or HBNK?
As of October 29, 2026, OPPS has returned 0.67% year to date, while HBNK has returned 32.19%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: OPPS or HBNK?
As of October 29, 2026, OPPS manages $32.99 M in assets, while HBNK manages $722.90 M. HBNK is the larger fund by AUM.
How are OPPS and HBNK managed?
OPPS is actively managed by Manulife 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: OPPS or HBNK?
Year to date, OPPS has seen +$10.82 M in net flows, compared with -$518.27 M for HBNK. OPPS has attracted more net investor money so far.
How do the fees of OPPS and HBNK compare?
OPPS has an expense ratio of 0.73%, while HBNK has an expense ratio of 0.10%.
Recent articles about OPPS and HBNK
Manulife Investment Management Launches ETF Series to Expand Access to Flagship Strategies
Manulife Investment Management launches OPPS, STRT, and PLUS ETFs, offering active fixed income and alternative investment strategies with intraday trading and tax efficiency.
Posted on 3/6/2025 by Edouard Caillieux inLaunches
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