VS
When evaluating costs, SCGI features a management fee (MER) of 0.9%, compared to 0.28% for HEWB. Performance-wise, SCGI has returned 18.16% year-to-date with +$0 M in net flows, whereas HEWB is at 30.27% with +$27 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
SCGI
HEWB
| AuM | $4.81 M | $343.43 M |
| Management Fees | 0.90% | 0.28% |
| Exp. ratio | 1.25% | 0.28% |
| Tracking Difference | - | -0.74% |
Historical performance and flows
As of September 2, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SCGI | -2.90% | -3.70% | +18.16% | +23.15% | +59.03% |
HEWB | -1.83% | +8.84% | +30.27% | +54.40% | +156.87% | |
| Flows | SCGI | +$0 M | +$0 M | +$0 M | +$0 M | -$8 M |
HEWB | +$0 M | +$15 M | +$27 M | +$26 M | +$33 M |
SCGI vs HEWB exposure
Countries
SCGI
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
SCGI
Exposure data will be available soon
HEWB
Finance
100.00%
As of September 2, 2026
Top 10 Holdings
SCGI
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
SCGI
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SCGI
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 | 4.29% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | October 2, 2018 | January 23, 2019 |
Frequently asked questions about SCGI and HEWB
Which ETF has performed better year to date: SCGI or HEWB?
As of September 2, 2026, SCGI has returned 18.16% year to date, while HEWB has returned 30.27%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: SCGI or HEWB?
As of September 2, 2026, SCGI manages $4.81 M in assets, while HEWB manages $343.43 M. HEWB is the larger fund by AUM.
How are SCGI and HEWB managed?
SCGI 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: SCGI or HEWB?
Year to date, SCGI has seen +$0.00 M in net flows, compared with +$26.91 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of SCGI and HEWB compare?
SCGI has an expense ratio of 1.25%, while HEWB has an expense ratio of 0.28%.
Recent articles about SCGI and HEWB

SCGI ETF: A Defensive, High-Income Play on the $15T Infrastructure Gap
This fund offers a diversified, income-focused solution for investors to capitalize on the growing multi-trillion dollar global infrastructure gap, with a timely emphasis on energy and utilities.
Posted on 9/9/2025 by Kyle Anthony inInfrastructure
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