Vanguard Growth ETF Portfolio (VGRO) and Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) offer distinct profiles for Canadian ETF investors. A direct comparison shows that VGRO focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while HEWB leans towards Financials. When evaluating costs, VGRO features a management fee (MER) of 0.22%, compared to 0.28% for HEWB. Performance-wise, VGRO has returned 5.69% year-to-date with +$756 M in net flows, whereas HEWB is at 13.31% 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
| AuM | $9,638.37 M | $285.91 M |
| Management Fees | 0.22% | 0.28% |
| Exp. ratio | 0.24% | 0.28% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VGRO | +4.04% | +4.46% | +5.69% | +24.71% | +62.58% |
HEWB | +8.78% | +10.95% | +13.31% | +63.09% | +117.70% | |
| Flows | VGRO | +$149 M | +$492 M | +$756 M | +$1,482 M | +$3,083 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
VGRO vs HEWB exposure
Countries
Sectors
Top 10 Holdings
Diversification
Characteristics
| Provider | Vanguard | Global X |
| Management | Actively managed | Passively managed |
| Benchmark | - | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity, Fixed Income | Equity |
| Dividend Policy | Distributing | Capitalization |
| Trailing 12m distribution yield | 1.78% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | February 1, 2018 | January 23, 2019 |
Frequently asked questions about VGRO and HEWB
Which ETF has performed better year to date: VGRO or HEWB?
Which ETF is larger by assets under management: VGRO or HEWB?
How are VGRO and HEWB managed?
What sectors do VGRO and HEWB emphasize?
Which ETF is attracting more investor flows: VGRO or HEWB?
How do the fees of VGRO and HEWB compare?
What are the top holdings of VGRO and HEWB?
Which ETF is more diversified: VGRO or HEWB?
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