VS
When evaluating costs, SRIC features a management fee (MER) of 0.11%, compared to 0.28% for HEWB. Performance-wise, SRIC has returned 6.28% year-to-date with +$1 M in net flows, whereas HEWB is at 22.28% with +$12 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
SRIC
HEWB
| AuM | $16.87 M | $308.67 M |
| Management Fees | 0.11% | 0.28% |
| Exp. ratio | 0.16% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SRIC | +2.08% | +4.23% | +6.28% | +29.19% | +86.64% |
HEWB | +6.42% | +18.57% | +22.28% | +63.37% | +141.65% | |
| Flows | SRIC | -$1 M | -$0 M | +$1 M | +$4 M | +$10 M |
HEWB | +$0 M | +$8 M | +$12 M | +$10 M | +$14 M |
SRIC vs HEWB exposure
Countries
SRIC
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
SRIC
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 10, 2026
Top 10 Holdings
SRIC
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
SRIC
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
SRIC
HEWB
| Provider | Scotia Bank | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Responsible Canadian Equity Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 1.10% | 0.00% |
| Meets ESG criteria | Yes | No |
| Inception Date | January 13, 2022 | January 23, 2019 |
Frequently asked questions about SRIC and HEWB
Which ETF has performed better year to date: SRIC or HEWB?
As of June 10, 2026, SRIC has returned 6.28% year to date, while HEWB has returned 22.28%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: SRIC or HEWB?
As of June 10, 2026, SRIC manages $16.87 M in assets, while HEWB manages $308.67 M. HEWB is the larger fund by AUM.
How are SRIC and HEWB managed?
SRIC is passively managed by Scotia Bank. It tracks the Solactive Responsible Canadian Equity 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: SRIC or HEWB?
Year to date, SRIC has seen +$0.79 M in net flows, compared with +$12.32 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of SRIC and HEWB compare?
SRIC has an expense ratio of 0.16%, while HEWB has an expense ratio of 0.28%.
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