HCRE.TO vs. HBNK.TO
Compare and contrast key facts about Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE.TO) and Global X Equal Weight Banks Index ETF (HBNK.TO).
HCRE.TO and HBNK.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCRE.TO is a passively managed fund by Global X that tracks the performance of the Solactive Equal Weight Canada REIT Index (Total Return). It was launched on Jan 22, 2019. HBNK.TO is a passively managed fund by Global X that tracks the performance of the Solactive Equal Weight Canada Banks Index. It was launched on Jul 5, 2023. Both HCRE.TO and HBNK.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HCRE.TO vs. HBNK.TO - Performance Comparison
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HCRE.TO vs. HBNK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HCRE.TO Global X Equal Weight Canadian REITs Index Corporate Class ETF | 1.35% | 12.54% | 3.71% | 2.86% |
HBNK.TO Global X Equal Weight Banks Index ETF | 1.67% | 43.71% | 24.77% | 8.99% |
Returns By Period
In the year-to-date period, HCRE.TO achieves a 1.35% return, which is significantly lower than HBNK.TO's 1.67% return.
HCRE.TO
- 1D
- 0.55%
- 1M
- -5.87%
- YTD
- 1.35%
- 6M
- 0.55%
- 1Y
- 9.30%
- 3Y*
- 5.45%
- 5Y*
- 3.93%
- 10Y*
- —
HBNK.TO
- 1D
- 2.25%
- 1M
- -4.06%
- YTD
- 1.67%
- 6M
- 14.60%
- 1Y
- 52.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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HCRE.TO vs. HBNK.TO - Expense Ratio Comparison
HCRE.TO has a 0.30% expense ratio, which is higher than HBNK.TO's 0.09% expense ratio.
Return for Risk
HCRE.TO vs. HBNK.TO — Risk / Return Rank
HCRE.TO
HBNK.TO
HCRE.TO vs. HBNK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE.TO) and Global X Equal Weight Banks Index ETF (HBNK.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.
| HCRE.TO | HBNK.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.69 | 3.89 | -3.20 |
Sortino ratioReturn per unit of downside risk | 1.06 | 4.95 | -3.89 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.76 | -0.62 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 6.21 | -5.30 |
Martin ratioReturn relative to average drawdown | 3.30 | 24.46 | -21.16 |
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
| HCRE.TO | HBNK.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 3.89 | -3.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 2.31 | -2.02 |
Correlation
The correlation between HCRE.TO and HBNK.TO is 0.36, 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
HCRE.TO vs. HBNK.TO - Dividend Comparison
HCRE.TO has not paid dividends to shareholders, while HBNK.TO's dividend yield for the trailing twelve months is around 2.97%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HCRE.TO Global X Equal Weight Canadian REITs Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% |
HBNK.TO Global X Equal Weight Banks Index ETF | 2.97% | 3.24% | 4.15% | 2.45% |
Drawdowns
HCRE.TO vs. HBNK.TO - Drawdown Comparison
The maximum HCRE.TO drawdown since its inception was -43.39%, which is greater than HBNK.TO's maximum drawdown of -14.78%. Use the drawdown chart below to compare losses from any high point for HCRE.TO and HBNK.TO.
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Drawdown Indicators
| HCRE.TO | HBNK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.39% | -14.78% | -28.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.97% | -8.48% | -2.49% |
Max Drawdown (5Y)Largest decline over 5 years | -32.87% | — | — |
Current DrawdownCurrent decline from peak | -6.20% | -6.03% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -12.69% | -2.41% | -10.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 2.15% | +0.95% |
Volatility
HCRE.TO vs. HBNK.TO - Volatility Comparison
The current volatility for Global X Equal Weight Canadian REITs Index Corporate Class ETF (HCRE.TO) is 4.85%, while Global X Equal Weight Banks Index ETF (HBNK.TO) has a volatility of 5.70%. This indicates that HCRE.TO experiences smaller price fluctuations and is considered to be less risky than HBNK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HCRE.TO | HBNK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 5.70% | -0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 9.00% | 9.90% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.82% | 13.46% | +0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.77% | 12.43% | +5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.84% | 12.43% | +9.41% |