VS
When evaluating costs, RQQ features a management fee (MER) of 0.2%, compared to 0.28% for HEWB. Performance-wise, RQQ has returned 1.11% year-to-date with +$28 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
RQQ
HEWB
| AuM | $676.92 M | $314.36 M |
| Management Fees | 0.20% | 0.28% |
| Exp. ratio | 0.22% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | RQQ | +0.63% | +0.84% | +1.11% | +3.49% | +19.75% |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | RQQ | +$9 M | +$11 M | +$28 M | +$124 M | +$561 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
RQQ vs HEWB exposure
Countries
RQQ
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
RQQ
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 11, 2026
Top 10 Holdings
RQQ
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
RQQ
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
RQQ
HEWB
| Provider | RBC Global Asset Management | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 2028 Maturity Corporate Bond Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 4.05% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 20, 2022 | January 23, 2019 |
Frequently asked questions about RQQ and HEWB
Which ETF has performed better year to date: RQQ or HEWB?
As of June 11, 2026, RQQ has returned 1.11% year to date, while HEWB has returned 23.85%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: RQQ or HEWB?
As of June 11, 2026, RQQ manages $676.92 M in assets, while HEWB manages $314.36 M. RQQ is the larger fund by AUM.
How are RQQ and HEWB managed?
RQQ is passively managed by RBC Global Asset Management. It tracks the FTSE Canada 2028 Maturity Corporate Bond Index - CAD 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: RQQ or HEWB?
Year to date, RQQ has seen +$27.52 M in net flows, compared with +$14.05 M for HEWB. RQQ has attracted more net investor money so far.
How do the fees of RQQ and HEWB compare?
RQQ has an expense ratio of 0.22%, while HEWB has an expense ratio of 0.28%.
Recent articles about RQQ 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.