XIT
iShares S&P/TSX Capped Information Technology Index ETF

Full XIT fund page
VS
HEWB
Global X Equal Weight Canadian Banks Index Corporate Class ETF

Full HEWB fund page

Compare iShares S&P/TSX Capped Information Technology Index ETF (XIT) vs Global X Equal Weight Canadian Banks Index Corporate Class ETF (HEWB) to find the best fit for your portfolio. XIT provides Information Technology, Industrials, and Energy exposures, while HEWB is primarily weighted in Financials. When evaluating costs, XIT features a management fee (MER) of 0.55%, compared to 0.28% for HEWB. Performance-wise, XIT has returned 9.69% year-to-date with +$73 M in net flows, whereas HEWB is at 14.46% with +$12 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

051015%Apr 1Apr 9Apr 16Apr 23Apr 30

Key Data

Historical performance and flows

As of May 1, 2026
1M3MYTD1Y3Y
Perf.
XIT
+11.85%+7.32%-9.69%+10.36%+72.08%
HEWB
+10.90%+13.00%+14.46%+66.21%+117.59%
Flows
XIT
-$8 M+$5 M+$73 M+$52 M-$96 M
HEWB
+$8 M+$9 M+$12 M+$7 M-$3 M

XIT vs HEWB exposure

Countries

XIT
Canada
99.91%
HEWB
Canada
99.99%

Sectors

XIT
Information Technology
73.83%
Other
25.73%
HEWB
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%
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

XIT
Total weight of top 10 holdings out of 19 total
98.18%
HEWB
Total weight of top 10 holdings out of 6 total
99.99%

Characteristics

Compare
XIT
HEWB
ProvideriSharesGlobal X
ManagementPassively managedPassively managed
BenchmarkS&P/TSX Capped Information Technology Index - CADSolactive Equal Weight Canada Banks GTR Index - CAD
Replication MethodDirect (Physical)Direct (Physical)
Asset ClassEquityEquity
Dividend PolicyDistributingCapitalization
Trailing 12m distribution yield0.00%0.00%
Meets ESG criteriaNoNo
Inception DateMarch 19, 2001January 23, 2019

Frequently asked questions about XIT and HEWB

Which ETF has performed better year to date: XIT or HEWB?
As of May 1, 2026, XIT has returned -9.69% year to date, while HEWB has returned 14.46%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: XIT or HEWB?
As of May 1, 2026, XIT manages $726.26 M in assets, while HEWB manages $288.82 M. XIT is the larger fund by AUM.
How are XIT and HEWB managed?
XIT is passively managed by iShares. It tracks the S&P/TSX Capped Information Technology Index - CAD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
What sectors do XIT and HEWB emphasize?
XIT is most exposed to Information Technology, Industrials, and Energy. HEWB is most exposed to Financials.
Which ETF is attracting more investor flows: XIT or HEWB?
Year to date, XIT has seen +$73.39 M in net flows, compared with +$12.19 M for HEWB. XIT has attracted more net investor money so far.
How do the fees of XIT and HEWB compare?
XIT has an expense ratio of 0.60%, while HEWB has an expense ratio of 0.28%.
What are the top holdings of XIT and HEWB?
XIT's largest holdings include SHOPIFY SUBORDINATE VOTING and CONSTELLTION STW. HEWB's top holdings include ROYAL BK CANADA, TORONTO DOMINION, and BNS.
Which ETF is more diversified: XIT or HEWB?
XIT holds 19 securities, while HEWB holds 6. On holdings count, XIT is the more diversified portfolio.

Recent articles about XIT and HEWB

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