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 Technology, Finance, and Consumer Cyclicals exposures, while HEWB is primarily weighted in Finance. When evaluating costs, XIT features a management fee (MER) of 0.55%, compared to 0.28% for HEWB. Performance-wise, XIT has returned 1.83% year-to-date with +$41 M in net flows, whereas HEWB is at 33.52% with +$27 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-50510%Jul 6Jul 13Jul 20Jul 27Aug 4

Key Data

Historical performance and flows

As of August 5, 2026
1M3MYTD1Y3Y
Perf.
XIT
+9.12%+16.99%+1.83%+6.21%+84.09%
HEWB
+0.88%+15.30%+33.52%+68.22%+154.61%
Flows
XIT
-$27 M-$40 M+$41 M+$107 M-$141 M
HEWB
+$7 M+$15 M+$27 M+$26 M+$33 M

XIT vs HEWB exposure

Countries

XIT
Canada
99.97%
HEWB
Canada
100.00%

Sectors

XIT
Technology
71.93%
Finance
26.92%
HEWB
Finance
100.00%
As of August 5, 2026

Top 10 Holdings

XIT
Shopify, Inc.
26.92%
Celestica, Inc.
25.54%
Constellation Software, Inc.
21.27%
CGI, Inc.
8.67%
BlackBerry Ltd.
4.88%
The Descartes Systems Group, Inc.
4.26%
Open Text Corp.
3.84%
Kinaxis, Inc.
2.10%
Lightspeed Commerce, Inc.
0.94%
Enghouse Systems Ltd.
0.34%
HEWB
The Toronto-Dominion Bank
17.42%
Royal Bank of Canada
17.32%
Bank of Montreal
17.15%
The Bank of Nova Scotia
16.61%
Canadian Imperial Bank of Commerce
15.79%
National Bank of Canada
15.70%

Diversification

XIT
Total weight of top 10 holdings out of 18 total
98.77%
HEWB
Total weight of top 10 holdings out of 6 total
100.00%

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 August 5, 2026, XIT has returned 1.83% year to date, while HEWB has returned 33.52%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: XIT or HEWB?
As of August 5, 2026, XIT manages $778.78 M in assets, while HEWB manages $351.93 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 Technology, Finance, and Consumer Cyclicals. HEWB is most exposed to Finance.
Which ETF is attracting more investor flows: XIT or HEWB?
Year to date, XIT has seen +$40.99 M in net flows, compared with +$26.84 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, Inc., Celestica, Inc., and Constellation Software, Inc.. HEWB's top holdings include The Toronto-Dominion Bank, Royal Bank of Canada, and Bank of Montreal.
Which ETF is more diversified: XIT or HEWB?
XIT holds 18 securities, while HEWB holds 6. On holdings count, XIT is the more diversified portfolio.

Recent articles about XIT and HEWB

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