(As of 2/28/2026)

Global X Equal Weight Cdn Banks Ind CC ETF (HEWB)

(Financial Services Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(1/22/2019)
16.45 %
YTD Return 5.98 %
NAVPS
(3/20/2026)
$55.10
Change ($0.85) / -1.53 %
Growth of $10,000 (As of February 28, 2026)
MER 0.28 %
Assets ($mil) -
Rank (1Yr) 10/74
Std Dev (3Yr) 19.06 %
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The ETF seeks to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index (Total Return), net of expenses. The Solactive Equal Weight Canada Banks Index (Total Return) is an equal weight index of equity securities of diversified Canadian banks. The ETF uses derivatives, such as a swap agreement or multiple swap agreements, to obtain exposure to its underlying index without investing directly in the securities that make up its underlying index.
Fund Manager

Global X Investments Canada Inc.

Portfolio Manager

Global X Investments Canada Inc.

Sub-Advisor
-
 
Asset Allocation
(As of February 28, 2026)
Sector Allocation
(As of February 28, 2026)
Geographic Allocation
(As of February 28, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
National Bank of CanadaCanadian EquityFinancial ServicesCanada17.58%
Canadian Imperial Bank of CommerceCanadian EquityFinancial ServicesCanada17.35%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada17.25%
Bank of Nova ScotiaCanadian EquityFinancial ServicesCanada16.27%
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada15.76%
Bank of MontrealCanadian EquityFinancial ServicesCanada15.48%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada0.31%

Performance Data (As of February 28, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 6.42 11.30 25.81 5.98 51.19 24.82 19.36 -   
Benchmark 0.70 2.77 6.56 1.22 14.21 20.30 14.94 12.44
Quartile Ranking 1 1 1 1 1 1 1 -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 43.37 24.61 10.89 -10.35 39.61 4.09 -      -      -      -     
Benchmark 21.57 31.42 13.41 -5.68 22.05 -5.24 19.43 -4.99 15.24 6.34
Quartile Ranking 1 3 3 2 1 2 - - - -

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