VS
When evaluating costs, RGQO features a management fee (MER) of 0.15%, compared to 0.28% for HEWB. Performance-wise, RGQO has returned 0.96% year-to-date with +$16 M in net flows, whereas HEWB is at 23.85% with +$14 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
RGQO
HEWB
| AuM | $101.99 M | $314.36 M |
| Management Fees | 0.15% | 0.28% |
| Exp. ratio | 0.17% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RGQO | +0.21% | +0.58% | +0.96% | +2.57% | +13.00% |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | RGQO | +$0 M | +$25 M | +$16 M | +$18 M | +$88 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
RGQO vs HEWB exposure
Countries
RGQO
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
RGQO
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 11, 2026
Top 10 Holdings
RGQO
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
RGQO
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
RGQO
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 | 2.36% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | April 21, 2023 | January 23, 2019 |
Frequently asked questions about RGQO and HEWB
Which ETF has performed better year to date: RGQO or HEWB?
As of June 11, 2026, RGQO has returned 0.96% year to date, while HEWB has returned 23.85%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: RGQO or HEWB?
As of June 11, 2026, RGQO manages $101.99 M in assets, while HEWB manages $314.36 M. HEWB is the larger fund by AUM.
How are RGQO and HEWB managed?
RGQO 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: RGQO or HEWB?
Year to date, RGQO has seen +$15.63 M in net flows, compared with +$14.05 M for HEWB. RGQO has attracted more net investor money so far.
How do the fees of RGQO and HEWB compare?
RGQO has an expense ratio of 0.17%, while HEWB has an expense ratio of 0.28%.
Recent articles about RGQO 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.