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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 Finance, Technology, and Industrials, while HBNK leans towards Finance. When evaluating costs, XGRO features a management fee (MER) of 0.18%, compared to 0.09% for HBNK. Performance-wise, XGRO has returned 12.3% year-to-date with +$656 M in net flows, whereas HBNK is at 28.1% with -$514 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 | $5,149.18 M | $709.46 M |
| Management Fees | 0.18% | 0.09% |
| Exp. ratio | 0.20% | 0.10% |
| Tracking Difference | - | -0.42% |
Historical performance and flows
As of August 21, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XGRO | +0.94% | +3.75% | +12.30% | +19.92% | +68.55% |
HBNK | -3.93% | +6.91% | +28.10% | +57.37% | +154.68% | |
| Flows | XGRO | +$86 M | +$270 M | +$656 M | +$890 M | +$2,079 M |
HBNK | -$51 M | -$82 M | -$514 M | -$870 M | -$77 M |
XGRO vs HBNK exposure
Countries
XGRO
USA
39.99%
Canada
34.28%
Other
25.72%
HBNK
Canada
99.94%
Sectors
XGRO
Finance
23.83%
Technology
20.96%
Industrials
8.97%
Other
46.25%
HBNK
Finance
99.94%
As of August 21, 2026
Top 10 Holdings
XGRO
NVIDIA Corp.
2.42%
Apple, Inc.
2.12%
Royal Bank of Canada
1.62%
Microsoft Corp.
1.38%
Amazon.com, Inc.
1.16%
The Toronto-Dominion Bank
1.14%
Alphabet, Inc.
1.04%
Broadcom Inc.
0.89%
Alphabet, Inc.
0.83%
Shopify, Inc.
0.78%
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
XGRO
Total weight of top 10 holdings out of 21,894 total
13.39%
HBNK
Total weight of top 10 holdings out of 6 total
99.94%
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 | 1.88% | 2.66% |
| 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 August 21, 2026, XGRO has returned 12.30% year to date, while HBNK has returned 28.10%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XGRO or HBNK?
As of August 21, 2026, XGRO manages $5.15 B in assets, while HBNK manages $709.46 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 Finance, Technology, and Industrials. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: XGRO or HBNK?
Year to date, XGRO has seen +$655.89 M in net flows, compared with -$513.54 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 Corp., Apple, Inc., and Alphabet, Inc.. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: XGRO or HBNK?
XGRO holds 21736 securities, while HBNK holds 6. On holdings count, XGRO is the more diversified portfolio.
Recent articles about XGRO and HBNK
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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.