VS
Mackenzie China A-Shares CSI 300 Index ETF (QCH) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that QCH focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while HBNK leans towards Financials. When evaluating costs, QCH features a management fee (MER) of 0.55%, compared to 0.09% for HBNK. Performance-wise, QCH has returned 7.92% year-to-date with +$2 M in net flows, whereas HBNK is at 25.35% with -$415 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
QCH
HBNK
| AuM | $31.99 M | $791.30 M |
| Management Fees | 0.55% | 0.09% |
| Exp. ratio | 0.73% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QCH | -1.82% | +5.41% | +7.92% | +34.17% | +43.94% |
HBNK | +8.46% | +23.65% | +25.35% | +68.05% | - | |
| Flows | QCH | +$0 M | +$2 M | +$2 M | +$0 M | +$0 M |
HBNK | +$31 M | -$184 M | -$415 M | -$667 M | - |
QCH vs HBNK exposure
Countries
QCH
China
100.00%
HBNK
Canada
99.93%
Sectors
QCH
Information Technology
23.68%
Financials
20.37%
Industrials
17.46%
Materials
10.68%
Consumer Staples
7.68%
Other
20.14%
HBNK
Financials
99.93%
As of June 11, 2026
Top 10 Holdings
QCH
AMPEREX TECH
4.57%
ZHONGJI INNOLIGHT
3.81%
MOUTAI
3.50%
CN PING AN
2.38%
ZIJIN MINING
2.18%
EOPTOLINK TECHNOLOGY INC
2.09%
MERCHANTS BANK
1.88%
MIDEA GROUP
1.54%
LUXSHARE
1.31%
YANGTZE POWER
1.29%
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
Diversification
QCH
Total weight of top 10 holdings out of 285 total
24.55%
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
QCH
HBNK
| Provider | Mackenzie Investments | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | CSI 300 Index - CNY | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.22% | 2.67% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | July 5, 2023 |
Frequently asked questions about QCH and HBNK
Which ETF has performed better year to date: QCH or HBNK?
As of June 11, 2026, QCH has returned 7.92% year to date, while HBNK has returned 25.35%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: QCH or HBNK?
As of June 11, 2026, QCH manages $31.99 M in assets, while HBNK manages $791.30 M. HBNK is the larger fund by AUM.
How are QCH and HBNK managed?
QCH is passively managed by Mackenzie Investments. It tracks the CSI 300 Index - CNY benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do QCH and HBNK emphasize?
QCH is most exposed to Information Technology, Financials, and Industrials. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: QCH or HBNK?
Year to date, QCH has seen +$1.73 M in net flows, compared with -$414.83 M for HBNK. QCH has attracted more net investor money so far.
How do the fees of QCH and HBNK compare?
QCH has an expense ratio of 0.73%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of QCH and HBNK?
QCH's largest holdings include AMPEREX TECH, ZHONGJI INNOLIGHT, and MOUTAI. HBNK's top holdings include CDN IMPERIAL BK, TORONTO DOMINION, and NATIONAL BANK OF CANADA.
Which ETF is more diversified: QCH or HBNK?
QCH holds 273 securities, while HBNK holds 6. On holdings count, QCH is the more diversified portfolio.
Recent articles about QCH and HBNK
China’s Market Surge: ETFs Offering Exposure to the Rally
AI breakthroughs and new policy reforms are powering a sharp rally in Chinese equities.
Posted on 8/29/2025 by Kyle Anthony inChina
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.