VS
When evaluating costs, TESA features a management fee (MER) of 0.4%, compared to 0.09% for HBNK. 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
TESA
HBNK
| AuM | $1.25 M | $732.96 M |
| Management Fees | 0.40% | 0.09% |
| Exp. ratio | 0.40% | 0.10% |
| Tracking Difference | - | -0.32% |
Historical performance and flows
As of October 28, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TESA | - | - | - | - | - |
HBNK | +2.00% | -0.95% | +33.53% | +45.77% | +188.09% | |
| Flows | TESA | - | - | - | - | - |
HBNK | -$32 M | +$2 M | -$517 M | -$583 M | -$249 M |
TESA vs HBNK exposure
Countries
TESA
Exposure data will be available soon
HBNK
Canada
99.74%
Sectors
TESA
Exposure data will be available soon
HBNK
Finance
99.74%
As of October 28, 2026
Top 10 Holdings
TESA
Exposure data will be available soon
HBNK
The Bank of Nova Scotia
17.48%
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.21%
Bank of Montreal
16.52%
Canadian Imperial Bank of Commerce
15.70%
National Bank of Canada
15.42%
Diversification
TESA
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.74%
Characteristics
Compare
TESA
HBNK
| Provider | BMO | 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 | Distributing |
| Trailing 12m distribution yield | - | 2.60% |
| Meets ESG criteria | No | No |
| Inception Date | October 28, 2026 | July 5, 2023 |
Frequently asked questions about TESA and HBNK
Which ETF is larger by assets under management: TESA or HBNK?
As of October 28, 2026, TESA manages $1.25 M in assets, while HBNK manages $732.96 M. HBNK is the larger fund by AUM.
How are TESA and HBNK managed?
TESA is actively managed by BMO. It does not track an index. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
How do the fees of TESA and HBNK compare?
TESA has an expense ratio of 0.40%, while HBNK has an expense ratio of 0.10%.
Recent articles about TESA and HBNK
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