VS
When evaluating costs, RCDB features a management fee (MER) of 0.15%, compared to 0.28% for HEWB. Performance-wise, RCDB has returned 0.67% year-to-date with +$115 M in net flows, whereas HEWB is at 13.25% with +$7 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
RCDB
HEWB
| AuM | $1,385.67 M | $281.02 M |
| Management Fees | 0.15% | 0.28% |
| Exp. ratio | 0.17% | 0.28% |
| Tracking Difference | - | -0.73% |
Historical performance and flows
As of April 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RCDB | +0.17% | +0.37% | +0.67% | +3.01% | +14.08% |
HEWB | +10.29% | +11.46% | +13.25% | +72.46% | +115.44% | |
| Flows | RCDB | -$37 M | +$107 M | +$115 M | +$192 M | +$456 M |
HEWB | +$3 M | +$5 M | +$7 M | +$3 M | -$8 M |
RCDB vs HEWB exposure
Countries
RCDB
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
RCDB
Exposure data will be available soon
HEWB
Financials
99.99%
As of April 17, 2026
Top 10 Holdings
RCDB
Exposure data will be available soon
HEWB
TORONTO DOMINION
17.51%
BNS
17.08%
CDN IMPERIAL BK
17.02%
ROYAL BK CANADA
16.58%
NATIONAL BANK OF CANADA
15.93%
BANK OF MONTREAL
15.87%
Diversification
RCDB
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
RCDB
HEWB
| Provider | RBC Global Asset Management | 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 | Capitalization |
| Trailing 12m distribution yield | 2.05% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 12, 2019 | January 23, 2019 |
Frequently asked questions about RCDB and HEWB
Which ETF has performed better year to date: RCDB or HEWB?
As of April 17, 2026, RCDB has returned 0.67% year to date, while HEWB has returned 13.25%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: RCDB or HEWB?
As of April 17, 2026, RCDB manages $1.39 B in assets, while HEWB manages $281.02 M. RCDB is the larger fund by AUM.
How are RCDB and HEWB managed?
RCDB is actively managed by RBC Global Asset Management. 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: RCDB or HEWB?
Year to date, RCDB has seen +$115.40 M in net flows, compared with +$7.48 M for HEWB. RCDB has attracted more net investor money so far.
How do the fees of RCDB and HEWB compare?
RCDB has an expense ratio of 0.17%, while HEWB has an expense ratio of 0.28%.
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