VS
When evaluating costs, SCDG features a management fee (MER) of 0.95%, compared to 0.28% for HEWB. Performance-wise, SCDG has returned 11.74% year-to-date with +$0 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
SCDG
HEWB
| AuM | $4.57 M | $359.49 M |
| Management Fees | 0.95% | 0.28% |
| Exp. ratio | 1.36% | 0.28% |
| Tracking Difference | - | -0.71% |
Historical performance and flows
As of November 5, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SCDG | +3.20% | +0.70% | +11.74% | +12.29% | - |
HEWB | +2.87% | -1.07% | +32.10% | +44.36% | +171.34% | |
| Flows | SCDG | +$0 M | +$0 M | +$0 M | +$1 M | - |
HEWB | +$7 M | +$11 M | +$38 M | +$38 M | +$38 M |
SCDG vs HEWB exposure
Countries
SCDG
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
SCDG
Exposure data will be available soon
HEWB
Finance
100.00%
As of November 5, 2026
Top 10 Holdings
SCDG
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
SCDG
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SCDG
HEWB
| Provider | Starlight Capital | 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 | 4.10% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2024 | January 23, 2019 |
Frequently asked questions about SCDG and HEWB
Which ETF has performed better year to date: SCDG or HEWB?
As of November 5, 2026, SCDG has returned 11.74% year to date, while HEWB has returned 32.10%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: SCDG or HEWB?
As of November 5, 2026, SCDG manages $4.57 M in assets, while HEWB manages $359.49 M. HEWB is the larger fund by AUM.
How are SCDG and HEWB managed?
SCDG is actively managed by Starlight Capital. 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: SCDG or HEWB?
Year to date, SCDG has seen +$0.28 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 SCDG and HEWB compare?
SCDG has an expense ratio of 1.36%, while HEWB has an expense ratio of 0.28%.
Recent articles about SCDG 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.