VS
When evaluating costs, VMO features a management fee (MER) of 0.35%, compared to 0.09% for HBNK. Performance-wise, VMO has returned 17.15% year-to-date with +$125 M in net flows, whereas HBNK is at 32.84% with -$516 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
VMO
HBNK
| AuM | $470.53 M | $733.38 M |
| Management Fees | 0.35% | 0.09% |
| Exp. ratio | 0.38% | 0.10% |
| Tracking Difference | - | -0.42% |
Historical performance and flows
As of July 31, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VMO | -6.99% | +0.59% | +17.15% | +29.99% | +101.04% |
HBNK | +1.96% | +16.00% | +32.84% | +68.52% | +147.88% | |
| Flows | VMO | +$15 M | +$61 M | +$125 M | +$148 M | +$255 M |
HBNK | -$69 M | -$69 M | -$516 M | -$837 M | -$62 M |
VMO vs HBNK exposure
Countries
VMO
Exposure data will be available soon
HBNK
Canada
99.94%
Sectors
VMO
Exposure data will be available soon
HBNK
Finance
99.94%
As of July 31, 2026
Top 10 Holdings
VMO
Exposure data will be available soon
HBNK
The Toronto-Dominion Bank
17.41%
Royal Bank of Canada
17.34%
Bank of Montreal
17.04%
The Bank of Nova Scotia
16.51%
Canadian Imperial Bank of Commerce
15.85%
National Bank of Canada
15.79%
Diversification
VMO
Exposure data will be available soon
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
Characteristics
Compare
VMO
HBNK
| 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 | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.73% | 2.56% |
| Meets ESG criteria | No | No |
| Inception Date | June 22, 2016 | July 5, 2023 |
Frequently asked questions about VMO and HBNK
Which ETF has performed better year to date: VMO or HBNK?
As of July 31, 2026, VMO has returned 17.15% year to date, while HBNK has returned 32.84%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: VMO or HBNK?
As of July 31, 2026, VMO manages $470.53 M in assets, while HBNK manages $733.38 M. HBNK is the larger fund by AUM.
How are VMO and HBNK managed?
VMO is actively managed by Vanguard. 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.
Which ETF is attracting more investor flows: VMO or HBNK?
Year to date, VMO has seen +$124.78 M in net flows, compared with -$515.84 M for HBNK. VMO has attracted more net investor money so far.
How do the fees of VMO and HBNK compare?
VMO has an expense ratio of 0.38%, while HBNK has an expense ratio of 0.10%.
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