HBA.TO vs. EBNK.TO
Compare and contrast key facts about Hamilton Australian Bank Equal-Weight Index ETF (HBA.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO).
HBA.TO and EBNK.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HBA.TO is a passively managed fund by Hamilton that tracks the performance of the Solactive Australian Bank Equal-Weight Index. It was launched on Jun 26, 2020. EBNK.TO is an actively managed fund by Evolve. It was launched on Jan 7, 2022.
Performance
HBA.TO vs. EBNK.TO - Performance Comparison
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HBA.TO vs. EBNK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HBA.TO Hamilton Australian Bank Equal-Weight Index ETF | 0.36% | 13.01% | 30.43% | 12.29% | -1.06% |
EBNK.TO Evolve European Banks Enhanced Yield ETF Hedged CAD | -4.60% | 60.13% | 28.78% | 20.83% | -4.75% |
Returns By Period
In the year-to-date period, HBA.TO achieves a 0.36% return, which is significantly higher than EBNK.TO's -4.60% return.
HBA.TO
- 1D
- -0.07%
- 1M
- -8.86%
- YTD
- 0.36%
- 6M
- 0.66%
- 1Y
- 18.74%
- 3Y*
- 19.43%
- 5Y*
- 13.44%
- 10Y*
- —
EBNK.TO
- 1D
- 1.86%
- 1M
- -7.58%
- YTD
- -4.60%
- 6M
- 6.07%
- 1Y
- 26.42%
- 3Y*
- 32.26%
- 5Y*
- —
- 10Y*
- —
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HBA.TO vs. EBNK.TO - Expense Ratio Comparison
Return for Risk
HBA.TO vs. EBNK.TO — Risk / Return Rank
HBA.TO
EBNK.TO
HBA.TO vs. EBNK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Australian Bank Equal-Weight Index ETF (HBA.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| HBA.TO | EBNK.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.92 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.46 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.85 | 1.50 | +0.35 |
Martin ratioReturn relative to average drawdown | 4.60 | 6.16 | -1.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HBA.TO | EBNK.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.92 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.01 | 0.79 | +0.21 |
Correlation
The correlation between HBA.TO and EBNK.TO is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HBA.TO vs. EBNK.TO - Dividend Comparison
HBA.TO's dividend yield for the trailing twelve months is around 3.07%, less than EBNK.TO's 10.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HBA.TO Hamilton Australian Bank Equal-Weight Index ETF | 3.07% | 4.11% | 4.45% | 6.67% | 8.56% | 5.81% | 2.66% |
EBNK.TO Evolve European Banks Enhanced Yield ETF Hedged CAD | 10.81% | 11.05% | 12.56% | 7.32% | 7.52% | 0.00% | 0.00% |
Drawdowns
HBA.TO vs. EBNK.TO - Drawdown Comparison
The maximum HBA.TO drawdown since its inception was -21.15%, smaller than the maximum EBNK.TO drawdown of -31.02%. Use the drawdown chart below to compare losses from any high point for HBA.TO and EBNK.TO.
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Drawdown Indicators
| HBA.TO | EBNK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.15% | -31.02% | +9.87% |
Max Drawdown (1Y)Largest decline over 1 year | -10.17% | -17.39% | +7.22% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | — | — |
Current DrawdownCurrent decline from peak | -10.17% | -11.20% | +1.03% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -7.56% | +3.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.08% | 4.24% | -0.16% |
Volatility
HBA.TO vs. EBNK.TO - Volatility Comparison
The current volatility for Hamilton Australian Bank Equal-Weight Index ETF (HBA.TO) is 4.78%, while Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO) has a volatility of 9.36%. This indicates that HBA.TO experiences smaller price fluctuations and is considered to be less risky than EBNK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBA.TO | EBNK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 9.36% | -4.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.95% | 14.91% | -1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 28.95% | -10.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.59% | 27.02% | -9.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.17% | 27.02% | -8.85% |