VS
When evaluating costs, TIF features a management fee (MER) of 0.6%, compared to 0.28% for HEWB. Performance-wise, TIF has returned 2.32% year-to-date with +$1 M in net flows, whereas HEWB is at 32.58% 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
TIF
HEWB
| AuM | $3.34 M | $345.76 M |
| Management Fees | 0.60% | 0.28% |
| Exp. ratio | 1.26% | 0.28% |
| Tracking Difference | - | -0.83% |
Historical performance and flows
As of July 20, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | TIF | +0.19% | +1.02% | +2.32% | +3.62% | +14.06% |
HEWB | +1.97% | +16.45% | +32.58% | +67.04% | +147.84% | |
| Flows | TIF | +$0 M | +$1 M | +$1 M | +$1 M | +$2 M |
HEWB | +$4 M | +$16 M | +$23 M | +$22 M | +$25 M |
TIF vs HEWB exposure
Countries
TIF
Exposure data will be available soon
HEWB
Canada
100.00%
Sectors
TIF
Exposure data will be available soon
HEWB
Finance
100.00%
As of July 20, 2026
Top 10 Holdings
TIF
Exposure data will be available soon
HEWB
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
TIF
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
TIF
HEWB
| Provider | Ninepoint Partners | 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 | 4.62% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | June 28, 2022 | January 23, 2019 |
Frequently asked questions about TIF and HEWB
Which ETF has performed better year to date: TIF or HEWB?
As of July 20, 2026, TIF has returned 2.32% year to date, while HEWB has returned 32.58%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: TIF or HEWB?
As of July 20, 2026, TIF manages $3.34 M in assets, while HEWB manages $345.76 M. HEWB is the larger fund by AUM.
How are TIF and HEWB managed?
TIF is actively managed by Ninepoint Partners. 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: TIF or HEWB?
Year to date, TIF has seen +$1.18 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 TIF and HEWB compare?
TIF has an expense ratio of 1.26%, while HEWB has an expense ratio of 0.28%.
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