VS
iShares Core Growth ETF Portfolio (XGRO) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XGRO focuses its top 3 sector exposures on Information Technology, Financials, and Industrials, while HBNK leans towards Financials. When evaluating costs, XGRO features a management fee (MER) of 0.18%, compared to 0.09% for HBNK. Performance-wise, XGRO has returned 8.76% year-to-date with +$439 M in net flows, whereas HBNK is at 21.73% with -$415 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
XGRO
HBNK
| AuM | $4,811.14 M | $768.47 M |
| Management Fees | 0.18% | 0.09% |
| Exp. ratio | 0.20% | 0.10% |
| Tracking Difference | - | -0.41% |
Historical performance and flows
As of June 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGRO | +1.17% | +7.25% | +8.76% | +22.90% | +64.86% |
HBNK | +5.68% | +18.79% | +21.73% | +63.01% | - | |
| Flows | XGRO | +$85 M | +$211 M | +$439 M | +$829 M | +$1,911 M |
HBNK | +$32 M | -$201 M | -$415 M | -$667 M | - |
XGRO vs HBNK exposure
Countries
XGRO
USA
39.43%
Canada
34.76%
Other
25.81%
HBNK
Canada
99.93%
Sectors
XGRO
Information Technology
16.89%
Financials
14.89%
Other
9.99%
Industrials
8.73%
Other
49.50%
HBNK
Financials
99.93%
As of June 8, 2026
Top 10 Holdings
XGRO
NVIDIA
2.56%
APPLE
2.10%
MICROSOFT-T
1.60%
ROYAL BK CANADA
1.42%
AMAZON.COM INC
1.36%
ALPHABET INC-CL
1.18%
BROADCOM LIMITED
1.04%
TORONTO DOMINION
1.02%
ALPHABET INC-CL
0.94%
SHOPIFY SUBORDINATE VOTING
0.84%
HBNK
CDN IMPERIAL BK
17.03%
TORONTO DOMINION
16.96%
NATIONAL BANK OF CANADA
16.65%
ROYAL BK CANADA
16.56%
BANK OF MONTREAL
16.46%
BNS
16.27%
Diversification
XGRO
Total weight of top 10 holdings out of 21,767 total
14.06%
HBNK
Total weight of top 10 holdings out of 6 total
99.93%
Characteristics
Compare
XGRO
HBNK
| Provider | iShares | 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 | Distributing |
| Trailing 12m distribution yield | 1.79% | 2.75% |
| Meets ESG criteria | No | No |
| Inception Date | June 21, 2007 | July 5, 2023 |
Frequently asked questions about XGRO and HBNK
Which ETF has performed better year to date: XGRO or HBNK?
As of June 8, 2026, XGRO has returned 8.76% year to date, while HBNK has returned 21.73%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XGRO or HBNK?
As of June 8, 2026, XGRO manages $4.81 B in assets, while HBNK manages $768.47 M. XGRO is the larger fund by AUM.
How are XGRO and HBNK managed?
XGRO is actively managed by iShares. 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.
What sectors do XGRO and HBNK emphasize?
XGRO is most exposed to Information Technology, Financials, and Industrials. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: XGRO or HBNK?
Year to date, XGRO has seen +$438.94 M in net flows, compared with -$414.79 M for HBNK. XGRO has attracted more net investor money so far.
How do the fees of XGRO and HBNK compare?
XGRO has an expense ratio of 0.20%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of XGRO and HBNK?
XGRO's largest holdings include NVIDIA and ALPHABET INC-CL. HBNK's top holdings include CDN IMPERIAL BK, TORONTO DOMINION, and NATIONAL BANK OF CANADA.
Which ETF is more diversified: XGRO or HBNK?
XGRO holds 18437 securities, while HBNK holds 6. On holdings count, XGRO is the more diversified portfolio.
Recent articles about XGRO and HBNK
Bank Stocks: An Undervalued Gem?
Bank stocks are poised for growth amid declining inflation and rate cuts.
Posted on 7/29/2024 by ETF Market Canada inBanks
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.