VS
Hamilton REITs YIELD MAXIMIZER ETF (RMAX) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that RMAX focuses its top 3 sector exposures on Finance, while HEWB leans towards Finance. When evaluating costs, RMAX features a management fee (MER) of 0.65%, compared to 0.28% for HEWB. Performance-wise, RMAX has returned 13.46% year-to-date with +$35 M in net flows, whereas HEWB is at 32.58% with +$23 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
RMAX
HEWB
| AuM | $162.02 M | $345.76 M |
| Management Fees | 0.65% | 0.28% |
| Exp. ratio | 0.79% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RMAX | +1.96% | +4.04% | +13.46% | +12.77% | - |
HEWB | +1.97% | +16.45% | +32.58% | +67.04% | +147.84% | |
| Flows | RMAX | +$9 M | +$15 M | +$35 M | +$65 M | - |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$25 M |
RMAX vs HEWB exposure
Countries
RMAX
USA
50.49%
Canada
49.86%
HEWB
Canada
100.00%
Sectors
RMAX
Finance
100.35%
HEWB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
RMAX
Simon Property Group, Inc.
5.48%
Welltower, Inc.
5.47%
Public Storage
5.41%
SmartCentres Real Estate Investment Trust
5.25%
RioCan Real Estate Investment Trust
5.24%
Dream Industrial Real Estate Investment Trust
5.17%
Granite Real Estate Investment Trust
5.13%
H&R Real Estate Investment Trust
5.12%
Ventas, Inc.
5.11%
CBRE Group, Inc.
5.05%
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%
Diversification
RMAX
Total weight of top 10 holdings out of 20 total
52.43%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
RMAX
HEWB
| Provider | Hamilton ETFs | 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 | 10.17% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 18, 2024 | January 23, 2019 |
Frequently asked questions about RMAX and HEWB
Which ETF has performed better year to date: RMAX or HEWB?
As of July 20, 2026, RMAX has returned 13.46% year to date, while HEWB has returned 32.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: RMAX or HEWB?
As of July 20, 2026, RMAX manages $162.02 M in assets, while HEWB manages $345.76 M. HEWB is the larger fund by AUM.
How are RMAX and HEWB managed?
RMAX is actively managed by Hamilton ETFs. 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.
What sectors do RMAX and HEWB emphasize?
RMAX is most exposed to Finance. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: RMAX or HEWB?
Year to date, RMAX has seen +$35.47 M in net flows, compared with +$23.13 M for HEWB. RMAX has attracted more net investor money so far.
How do the fees of RMAX and HEWB compare?
RMAX has an expense ratio of 0.79%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of RMAX and HEWB?
RMAX's largest holdings include Simon Property Group, Inc., Welltower, Inc., and Public Storage. HEWB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: RMAX or HEWB?
RMAX holds 20 securities, while HEWB holds 6. On holdings count, RMAX is the more diversified portfolio.
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