VS
iShares Core Income Balanced ETF (XINC) and Global X Equal Weight Canadian Banks Index ETF (HBNK) offer distinct profiles for Canadian ETF investors. A direct comparison shows that XINC focuses its top 3 sector exposures on Sovereign, Municipal, and Banks, while HBNK leans towards Finance. When evaluating costs, XINC features a management fee (MER) of 0.18%, compared to 0.09% for HBNK. Performance-wise, XINC has returned 3.05% year-to-date with +$28 M in net flows, whereas HBNK is at 35.86% with -$461 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
XINC
HBNK
| AuM | $126.31 M | $807.27 M |
| Management Fees | 0.18% | 0.09% |
| Exp. ratio | 0.19% | 0.10% |
| Tracking Difference | - | -0.44% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XINC | -0.40% | +1.04% | +3.05% | +7.66% | +24.13% |
HBNK | +6.04% | +19.91% | +35.86% | +71.53% | +159.08% | |
| Flows | XINC | +$4 M | +$4 M | +$28 M | +$41 M | +$87 M |
HBNK | -$44 M | +$39 M | -$461 M | -$767 M | +$3 M |
XINC vs HBNK exposure
Countries
XINC
Canada
53.21%
USA
20.53%
Other
18.26%
Other
8.00%
HBNK
Canada
100.00%
Sectors
XINC
Other
18.26%
Sovereign
17.41%
Municipal
13.87%
Other
50.45%
HBNK
Finance
100.00%
As of July 17, 2026
Top 10 Holdings
XINC
CA135087T537
0.79%
CA135087T388
0.79%
CA135087T792
0.77%
Canada, Bonds 3.25% 1jun2035, CAD
0.74%
Canada, Bonds 3% 1jun2034, CAD
0.63%
NVIDIA Corp.
0.63%
Canada, Bonds 2.75% 1mar2030, CAD
0.62%
Canada, Bonds 3.5% 1sep2029, CAD
0.58%
Canada, Bonds 3.5% 1dec2057, CAD
0.58%
Apple, Inc.
0.56%
HBNK
The Toronto-Dominion Bank
17.52%
Royal Bank of Canada
17.09%
Bank of Montreal
16.85%
The Bank of Nova Scotia
16.38%
Canadian Imperial Bank of Commerce
16.27%
National Bank of Canada
15.89%
Diversification
XINC
Total weight of top 10 holdings out of 21,878 total
6.70%
HBNK
Total weight of top 10 holdings out of 6 total
100.00%
Characteristics
Compare
XINC
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 | 3.32% | 2.48% |
| Meets ESG criteria | No | No |
| Inception Date | August 7, 2019 | July 5, 2023 |
Frequently asked questions about XINC and HBNK
Which ETF has performed better year to date: XINC or HBNK?
As of July 17, 2026, XINC has returned 3.05% year to date, while HBNK has returned 35.86%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XINC or HBNK?
As of July 17, 2026, XINC manages $126.31 M in assets, while HBNK manages $807.27 M. HBNK is the larger fund by AUM.
How are XINC and HBNK managed?
XINC 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 XINC and HBNK emphasize?
XINC is most exposed to Sovereign, Municipal, and Banks. HBNK is most exposed to Finance.
Which ETF is attracting more investor flows: XINC or HBNK?
Year to date, XINC has seen +$27.81 M in net flows, compared with -$461.23 M for HBNK. XINC has attracted more net investor money so far.
How do the fees of XINC and HBNK compare?
XINC has an expense ratio of 0.19%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of XINC and HBNK?
XINC's largest holdings include Canada, Bonds 3.25% 1jun2035, CAD and Canada, Bonds 3% 1jun2034, CAD. HBNK's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: XINC or HBNK?
XINC holds 19152 securities, while HBNK holds 6. On holdings count, XINC is the more diversified portfolio.
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