VS
When evaluating costs, VOLX features a management fee (MER) of 1.15%, compared to 0.28% for HEWB. Performance-wise, VOLX has returned 5.52% year-to-date with -$5 M in net flows, whereas HEWB is at 23.85% with +$14 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
VOLX
HEWB
| AuM | $21.82 M | $314.36 M |
| Management Fees | 1.15% | 0.28% |
| Exp. ratio | 1.18% | 0.28% |
| Tracking Difference | - | -0.78% |
Historical performance and flows
As of June 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VOLX | -11.19% | -21.88% | -5.52% | -50.93% | -78.59% |
HEWB | +7.78% | +20.30% | +23.85% | +66.26% | +144.76% | |
| Flows | VOLX | +$1 M | +$1 M | -$5 M | +$17 M | +$10 M |
HEWB | +$2 M | +$10 M | +$14 M | +$11 M | +$16 M |
VOLX vs HEWB exposure
Countries
VOLX
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
VOLX
Exposure data will be available soon
HEWB
Financials
99.99%
As of June 11, 2026
Top 10 Holdings
VOLX
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
VOLX
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
VOLX
HEWB
| Provider | Global X | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P 500 VIX Short-Term Futures Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Volatility | Equity |
| Dividend Policy | Capitalization | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | December 15, 2010 | January 23, 2019 |
Frequently asked questions about VOLX and HEWB
Which ETF has performed better year to date: VOLX or HEWB?
As of June 11, 2026, VOLX has returned -5.52% year to date, while HEWB has returned 23.85%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: VOLX or HEWB?
As of June 11, 2026, VOLX manages $21.82 M in assets, while HEWB manages $314.36 M. HEWB is the larger fund by AUM.
How are VOLX and HEWB managed?
VOLX is passively managed by Global X. It tracks the S&P 500 VIX Short-Term Futures Index - USD 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: VOLX or HEWB?
Year to date, VOLX has seen -$4.51 M in net flows, compared with +$14.05 M for HEWB. HEWB has attracted more net investor money so far.
How do the fees of VOLX and HEWB compare?
VOLX has an expense ratio of 1.18%, while HEWB has an expense ratio of 0.28%.
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