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Compare iShares S&P/TSX Capped Information Technology Index ETF (XIT) vs Global X Equal Weight Canadian Banks Index ETF (HBNK) to find the best fit for your portfolio. XIT provides Information Technology, Industrials, and Energy exposures, while HBNK is primarily weighted in Financials. When evaluating costs, XIT features a management fee (MER) of 0.55%, compared to 0.09% for HBNK. Performance-wise, XIT has returned 9.69% year-to-date with +$73 M in net flows, whereas HBNK is at 13.03% with -$446 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
XIT
HBNK
| AuM | $726.26 M | $685.02 M |
| Management Fees | 0.55% | 0.09% |
| Exp. ratio | 0.60% | 0.10% |
| Tracking Difference | -0.28% | -0.43% |
Historical performance and flows
As of May 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XIT | +11.85% | +7.32% | -9.69% | +10.36% | +72.08% |
HBNK | +8.41% | +10.71% | +13.03% | +62.96% | - | |
| Flows | XIT | -$8 M | +$5 M | +$73 M | +$52 M | -$96 M |
HBNK | -$204 M | -$382 M | -$446 M | -$702 M | - |
XIT vs HBNK exposure
Countries
XIT
Canada
99.91%
HBNK
Canada
99.99%
Sectors
XIT
Information Technology
73.83%
Other
25.73%
HBNK
Financials
99.99%
As of May 1, 2026
Top 10 Holdings
XIT
CA15101Q2071
25.64%
SHOPIFY SUBORDINATE VOTING
23.90%
CONSTELLTION STW
23.04%
CGI INC
11.02%
DESCARTES SYSTEMS GROUP
4.87%
OPEN TEXT
4.42%
KINAXIS
2.21%
BLACKBERRY LTD
1.39%
LIGHTSPEED COMMERCE INC
0.89%
BITFARMS
0.80%
HBNK
ROYAL BK CANADA
17.11%
TORONTO DOMINION
16.89%
BNS
16.66%
BANK OF MONTREAL
16.52%
CDN IMPERIAL BK
16.47%
NATIONAL BANK OF CANADA
16.34%
Diversification
XIT
Total weight of top 10 holdings out of 19 total
98.18%
HBNK
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
XIT
HBNK
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | S&P/TSX Capped Information Technology Index - CAD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 2.93% |
| Meets ESG criteria | No | No |
| Inception Date | March 19, 2001 | July 5, 2023 |
Frequently asked questions about XIT and HBNK
Which ETF has performed better year to date: XIT or HBNK?
As of May 1, 2026, XIT has returned -9.69% year to date, while HBNK has returned 13.03%. HBNK is ahead on YTD performance.
Which ETF is larger by assets under management: XIT or HBNK?
As of May 1, 2026, XIT manages $726.26 M in assets, while HBNK manages $685.02 M. XIT is the larger fund by AUM.
How are XIT and HBNK managed?
XIT is passively managed by iShares. It tracks the S&P/TSX Capped Information Technology Index - CAD benchmark. HBNK is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do XIT and HBNK emphasize?
XIT is most exposed to Information Technology, Industrials, and Energy. HBNK is most exposed to Financials.
Which ETF is attracting more investor flows: XIT or HBNK?
Year to date, XIT has seen +$73.39 M in net flows, compared with -$446.18 M for HBNK. XIT has attracted more net investor money so far.
How do the fees of XIT and HBNK compare?
XIT has an expense ratio of 0.60%, while HBNK has an expense ratio of 0.10%.
What are the top holdings of XIT and HBNK?
XIT's largest holdings include SHOPIFY SUBORDINATE VOTING and CONSTELLTION STW. HBNK's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: XIT or HBNK?
XIT holds 19 securities, while HBNK holds 6. On holdings count, XIT is the more diversified portfolio.
Recent articles about XIT and HBNK
Tech ETFs Plunge Amid Nasdaq-100 and S&P500 Decline
US markets fell sharply this week, with tech ETFs leading the decline. The S&P500 and Nasdaq 100 suffered heavy losses as semiconductor stocks came under acute pressure, dragging the tech sector down.
Posted on 9/9/2024 by ETF Market Canada inTechnology
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