VS
When evaluating costs, RBCU features a management fee (MER) of 1.25%, compared to 0.28% for HEWB. Performance-wise, RBCU has returned 50.09% year-to-date with -$4 M in net flows, whereas HEWB is at 32.25% with +$27 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
RBCU
HEWB
| AuM | $2.91 M | $348.73 M |
| Management Fees | 1.25% | 0.28% |
| Exp. ratio | 1.25% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RBCU | -1.77% | +18.79% | +50.09% | - | - |
HEWB | -0.34% | +10.99% | +32.25% | +55.27% | +160.78% | |
| Flows | RBCU | +$0 M | +$1 M | -$4 M | - | - |
HEWB | +$0 M | +$15 M | +$27 M | +$26 M | +$33 M |
RBCU vs HEWB exposure
Countries
RBCU
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
RBCU
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 3, 2026
Top 10 Holdings
RBCU
Exposure data will be available soon
HEWB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
RBCU
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
RBCU
HEWB
| Provider | LongPoint Asset Management | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | RY Price - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2025 | January 23, 2019 |
Frequently asked questions about RBCU and HEWB
Which ETF has performed better year to date: RBCU or HEWB?
As of September 3, 2026, RBCU has returned 50.09% year to date, while HEWB has returned 32.25%. RBCU is ahead on YTD performance.
Which ETF is larger by assets under management: RBCU or HEWB?
As of September 3, 2026, RBCU manages $2.91 M in assets, while HEWB manages $348.73 M. HEWB is the larger fund by AUM.
How are RBCU and HEWB managed?
RBCU is passively managed by LongPoint Asset Management. It tracks the RY Price - 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: RBCU or HEWB?
Year to date, RBCU has seen -$3.61 M in net flows, compared with +$26.99 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of RBCU and HEWB compare?
RBCU has an expense ratio of 1.25%, while HEWB has an expense ratio of 0.28%.
Recent articles about RBCU and HEWB
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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.