VS
When evaluating costs, QQI features a management fee (MER) of 1.15%, compared to 0.28% for HEWB. Performance-wise, QQI has returned 13.52% year-to-date with +$2 M in net flows, whereas HEWB is at 29.16% with +$29 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
QQI
HEWB
| AuM | $6.66 M | $342.43 M |
| Management Fees | 1.15% | 0.28% |
| Exp. ratio | 1.15% | 0.28% |
| Tracking Difference | - | -0.70% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | QQI | -0.75% | -0.38% | -13.52% | -15.33% | - |
HEWB | -0.39% | -5.12% | +29.16% | +44.88% | +164.41% | |
| Flows | QQI | +$0 M | +$0 M | +$2 M | +$2 M | - |
HEWB | -$3 M | +$6 M | +$29 M | +$28 M | +$35 M |
QQI vs HEWB exposure
Countries
QQI
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
QQI
Exposure data will be available soon
HEWB
Finance
100.00%
As of October 16, 2026
Top 10 Holdings
QQI
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.59%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.16%
Bank of Montreal
16.64%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.42%
Diversification
QQI
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
QQI
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | NASDAQ-100 Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Other | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2025 | January 23, 2019 |
Frequently asked questions about QQI and HEWB
Which ETF has performed better year to date: QQI or HEWB?
As of October 16, 2026, QQI has returned -13.52% year to date, while HEWB has returned 29.16%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: QQI or HEWB?
As of October 16, 2026, QQI manages $6.66 M in assets, while HEWB manages $342.43 M. HEWB is the larger fund by AUM.
How are QQI and HEWB managed?
QQI is passively managed by Global X. It tracks the NASDAQ-100 Index - USD benchmark. 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: QQI or HEWB?
Year to date, QQI has seen +$2.47 M in net flows, compared with +$28.98 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of QQI and HEWB compare?
QQI has an expense ratio of 1.15%, while HEWB has an expense ratio of 0.28%.
Recent articles about QQI and HEWB
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.