VS
When evaluating costs, SCND features a management fee (MER) of 1.15%, compared to 0.28% for HEWB. Performance-wise, SCND has returned 32.38% year-to-date with +$0 M in net flows, whereas HEWB is at 33.21% 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
SCND
HEWB
| AuM | $2.32 M | $347.39 M |
| Management Fees | 1.15% | 0.28% |
| Exp. ratio | 1.15% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SCND | -4.90% | -16.60% | -32.38% | - | - |
HEWB | +2.45% | +18.29% | +33.21% | +67.83% | +148.49% | |
| Flows | SCND | +$0 M | +$0 M | +$0 M | - | - |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$31 M |
SCND vs HEWB exposure
Countries
SCND
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
SCND
Exposure data will be available soon
HEWB
Finance
100.00%
As of July 21, 2026
Top 10 Holdings
SCND
Exposure data will be available soon
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
SCND
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
SCND
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX 60 Total Return Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | - | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | August 11, 2025 | January 23, 2019 |
Frequently asked questions about SCND and HEWB
Which ETF has performed better year to date: SCND or HEWB?
As of July 21, 2026, SCND has returned -32.38% year to date, while HEWB has returned 33.21%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: SCND or HEWB?
As of July 21, 2026, SCND manages $2.32 M in assets, while HEWB manages $347.39 M. HEWB is the larger fund by AUM.
How are SCND and HEWB managed?
SCND is passively managed by Global X. It tracks the S&P/TSX 60 Total Return 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: SCND or HEWB?
Year to date, SCND has seen +$0.00 M in net flows, compared with +$23.13 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of SCND and HEWB compare?
SCND has an expense ratio of 1.15%, while HEWB has an expense ratio of 0.28%.
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