VS
When evaluating costs, PSA features a management fee (MER) of 0.15%, compared to 0.09% for HBNK. Performance-wise, PSA has returned 1.18% year-to-date with -$75 M in net flows, whereas HBNK is at 35.86% with -$461 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
PSA
HBNK
| AuM | $3,131.53 M | $807.27 M |
| Management Fees | 0.15% | 0.09% |
| Exp. ratio | 0.17% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | PSA | +0.18% | +0.55% | +1.18% | +2.30% | +11.22% |
HBNK | +6.04% | +19.91% | +35.86% | +71.53% | +159.08% | |
| Flows | PSA | +$45 M | +$83 M | -$75 M | -$58 M | -$729 M |
HBNK | -$44 M | +$39 M | -$461 M | -$767 M | +$3 M |
PSA vs HBNK exposure
Countries
PSA
Exposure data will be available soon
HBNK
Canada
100.00%
Sectors
PSA
Exposure data will be available soon
HBNK
Finance
100.00%
As of July 16, 2026
Top 10 Holdings
PSA
Exposure data will be available soon
HBNK
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
PSA
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
PSA
HBNK
| 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 | Fixed Income | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.30% | 2.48% |
| Meets ESG criteria | No | No |
| Inception Date | October 10, 2013 | July 5, 2023 |
Frequently asked questions about PSA and HBNK
Which ETF has performed better year to date: PSA or HBNK?
As of July 16, 2026, PSA has returned 1.18% year to date, while HBNK has returned 35.86%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: PSA or HBNK?
As of July 16, 2026, PSA manages $3.13 B in assets, while HBNK manages $807.27 M. PSA is the larger fund by AUM.
How are PSA and HBNK managed?
PSA is actively managed by Purpose 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: PSA or HBNK?
Year to date, PSA has seen -$75.14 M in net flows, compared with -$461.23 M for HBNK. PSA has attracted more net investor money so far.
How do the fees of PSA and HBNK compare?
PSA has an expense ratio of 0.17%, while HBNK has an expense ratio of 0.10%.
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