VS
When evaluating costs, OPPS features a management fee (MER) of 0.73%, compared to 0.28% for HEWB. Performance-wise, OPPS has returned 0.67% year-to-date with +$11 M in net flows, whereas HEWB is at 31.92% with +$38 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
HEWB
| AuM | $32.99 M | $359.02 M |
| Management Fees | 0.73% | 0.28% |
| Exp. ratio | 0.73% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | OPPS | -0.03% | -0.58% | +0.67% | +0.75% | - |
HEWB | +2.93% | -0.53% | +31.92% | +45.34% | +183.45% | |
| Flows | OPPS | +$1 M | +$2 M | +$11 M | +$10 M | - |
HEWB | +$6 M | +$11 M | +$38 M | +$37 M | +$38 M |
OPPS vs HEWB exposure
Countries
OPPS
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
OPPS
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 29, 2026
Top 10 Holdings
OPPS
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
OPPS
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
OPPS
HEWB
| 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 | Capitalization |
| Trailing 12m distribution yield | 3.87% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 1, 2024 | January 23, 2019 |
Frequently asked questions about OPPS and HEWB
Which ETF has performed better year to date: OPPS or HEWB?
As of October 29, 2026, OPPS has returned 0.67% year to date, while HEWB has returned 31.92%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: OPPS or HEWB?
As of October 29, 2026, OPPS manages $32.99 M in assets, while HEWB manages $359.02 M. HEWB is the larger fund by AUM.
How are OPPS and HEWB managed?
OPPS is actively managed by Manulife Investments. 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: OPPS or HEWB?
Year to date, OPPS has seen +$10.82 M in net flows, compared with +$38.16 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of OPPS and HEWB compare?
OPPS has an expense ratio of 0.73%, while HEWB has an expense ratio of 0.28%.
Recent articles about OPPS and HEWB
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