VS
When evaluating costs, PFL features a management fee (MER) of 0.2%, compared to 0.09% for HBNK. Performance-wise, PFL has returned 1.5% year-to-date with +$1 M in net flows, whereas HBNK is at 31.86% with -$509 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
PFL
HBNK
| AuM | $263.95 M | $733.11 M |
| Management Fees | 0.20% | 0.09% |
| Exp. ratio | 0.13% | 0.10% |
| Tracking Difference | - | -0.35% |
Historical performance and flows
As of September 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PFL | +0.01% | +0.46% | +1.50% | +2.40% | +9.54% |
HBNK | -0.75% | +8.83% | +31.86% | +53.87% | +161.27% | |
| Flows | PFL | +$1 M | +$7 M | +$1 M | -$81 M | -$433 M |
HBNK | +$7 M | -$92 M | -$509 M | -$687 M | -$82 M |
PFL vs HBNK exposure
Countries
PFL
Exposure data will be available soon
HBNK
Canada
99.59%
Sectors
PFL
Exposure data will be available soon
HBNK
Finance
99.59%
As of September 4, 2026
Top 10 Holdings
PFL
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
PFL
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.59%
Characteristics
Compare
PFL
HBNK
| Provider | CI | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE TMX Canada 1-3 Year Laddered Floating Rate Note TR Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.35% | 2.61% |
| Meets ESG criteria | No | No |
| Inception Date | July 21, 2014 | July 5, 2023 |
Frequently asked questions about PFL and HBNK
Which ETF has performed better year to date: PFL or HBNK?
As of September 4, 2026, PFL has returned 1.50% year to date, while HBNK has returned 31.86%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: PFL or HBNK?
As of September 4, 2026, PFL manages $263.95 M in assets, while HBNK manages $733.11 M. HBNK is the larger fund by AUM.
How are PFL and HBNK managed?
PFL is passively managed by CI. It tracks the FTSE TMX Canada 1-3 Year Laddered Floating Rate Note TR Index - CAD benchmark. 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: PFL or HBNK?
Year to date, PFL has seen +$0.94 M in net flows, compared with -$509.07 M for HBNK. PFL has attracted more net investor money so far.
How do the fees of PFL and HBNK compare?
PFL has an expense ratio of 0.13%, while HBNK has an expense ratio of 0.10%.
Recent articles about PFL and HBNK
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
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.
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.