VS
When evaluating costs, PRA features a management fee (MER) of 0.6%, compared to 0.28% for HEWB. Performance-wise, PRA has returned 21.61% year-to-date with +$76 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
PRA
HEWB
| AuM | $200.91 M | $314.36 M |
| Management Fees | 0.60% | 0.28% |
| Exp. ratio | 0.73% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PRA | -3.06% | +1.90% | +21.61% | +36.32% | +65.85% |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | PRA | +$8 M | +$41 M | +$76 M | +$95 M | +$87 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
PRA vs HEWB exposure
Countries
PRA
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
PRA
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 11, 2026
Top 10 Holdings
PRA
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
PRA
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
PRA
HEWB
| Provider | Purpose Investments | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Commodity, Currencies, Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 2.14% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 5, 2013 | January 23, 2019 |
Frequently asked questions about PRA and HEWB
Which ETF has performed better year to date: PRA or HEWB?
As of June 11, 2026, PRA has returned 21.61% year to date, while HEWB has returned 23.85%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: PRA or HEWB?
As of June 11, 2026, PRA manages $200.91 M in assets, while HEWB manages $314.36 M. HEWB is the larger fund by AUM.
How are PRA and HEWB managed?
PRA is actively managed by Purpose 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: PRA or HEWB?
Year to date, PRA has seen +$76.02 M in net flows, compared with +$14.05 M for HEWB. PRA has attracted more net investor money so far.
How do the fees of PRA and HEWB compare?
PRA has an expense ratio of 0.73%, while HEWB has an expense ratio of 0.28%.
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