VS
When evaluating costs, SBT features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, SBT has returned 13.71% year-to-date with +$19 M in net flows, whereas HEWB is at 30.01% with +$32 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
SBT
HEWB
| AuM | $63.28 M | $348.25 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.21% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SBT | -2.09% | -1.30% | -13.71% | +49.60% | +153.98% |
HEWB | -2.11% | +4.98% | +30.01% | +49.39% | +158.66% | |
| Flows | SBT | -$0 M | +$0 M | +$19 M | +$35 M | +$46 M |
HEWB | +$6 M | +$20 M | +$32 M | +$32 M | +$39 M |
SBT vs HEWB exposure
Countries
SBT
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
SBT
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 11, 2026
Top 10 Holdings
SBT
Exposure data will be available soon
HEWB
Royal Bank of Canada
17.39%
Bank of Montreal
17.03%
The Toronto-Dominion Bank
16.96%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
16.09%
National Bank of Canada
16.03%
Diversification
SBT
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SBT
HEWB
| Provider | Purpose Investments | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | LBMA Silver Price - Price/USD - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Commodity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | July 28, 2009 | January 23, 2019 |
Frequently asked questions about SBT and HEWB
Which ETF has performed better year to date: SBT or HEWB?
As of September 11, 2026, SBT has returned -13.71% year to date, while HEWB has returned 30.01%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: SBT or HEWB?
As of September 11, 2026, SBT manages $63.28 M in assets, while HEWB manages $348.25 M. HEWB is the larger fund by AUM.
How are SBT and HEWB managed?
SBT is passively managed by Purpose Investments. It tracks the LBMA Silver Price - Price/USD - USD 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: SBT or HEWB?
Year to date, SBT has seen +$19.38 M in net flows, compared with +$32.44 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of SBT and HEWB compare?
SBT has an expense ratio of 0.21%, while HEWB has an expense ratio of 0.28%.
Recent articles about SBT 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.