VS
When evaluating costs, REIT features a management fee (MER) of 0.25%, compared to 0.28% for HEWB. Performance-wise, REIT has returned 8.71% year-to-date with +$3 M in net flows, whereas HEWB is at 32.1% with +$38 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
REIT
HEWB
| AuM | $5.12 M | $359.49 M |
| Management Fees | 0.25% | 0.28% |
| Exp. ratio | 0.35% | 0.28% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 6, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | REIT | +4.82% | -2.31% | +8.71% | +8.34% | - |
HEWB | +2.87% | -1.07% | +32.10% | +44.36% | +171.34% | |
| Flows | REIT | +$0 M | +$0 M | +$3 M | +$3 M | - |
HEWB | +$7 M | +$11 M | +$38 M | +$38 M | +$38 M |
REIT vs HEWB exposure
Countries
REIT
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
REIT
Exposure data will be available soon
HEWB
Finance
100.00%
As of November 6, 2026
Top 10 Holdings
REIT
Exposure data will be available soon
HEWB
The Bank of Nova Scotia
17.14%
The Toronto-Dominion Bank
16.99%
Bank of Montreal
16.79%
Canadian Imperial Bank of Commerce
16.49%
Royal Bank of Canada
16.45%
National Bank of Canada
16.14%
Diversification
REIT
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
REIT
HEWB
| Provider | Global X | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | - | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 4.49% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | April 30, 2025 | January 23, 2019 |
Frequently asked questions about REIT and HEWB
Which ETF has performed better year to date: REIT or HEWB?
As of November 6, 2026, REIT has returned 8.71% year to date, while HEWB has returned 32.10%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: REIT or HEWB?
As of November 6, 2026, REIT manages $5.12 M in assets, while HEWB manages $359.49 M. HEWB is the larger fund by AUM.
How are REIT and HEWB managed?
REIT is actively managed by Global X. 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: REIT or HEWB?
Year to date, REIT has seen +$2.99 M in net flows, compared with +$38.16 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of REIT and HEWB compare?
REIT has an expense ratio of 0.35%, while HEWB has an expense ratio of 0.28%.
Recent articles about REIT 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.