HUM.TO vs. HBNK.TO
HUM.TO (Hamilton U.S. Mid-Cap Financials ETF) and HBNK.TO (Global X Equal Weight Banks Index ETF) are both Financials Equities funds. HUM.TO is actively managed, while HBNK.TO is passively managed. Over the past 3 years, HUM.TO returned 16.42%/yr vs 37.95%/yr for HBNK.TO. At a 0.24 correlation, their price movements are largely independent.
Performance
HUM.TO vs. HBNK.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HUM.TO achieves a 4.01% return, which is significantly lower than HBNK.TO's 36.76% return.
HUM.TO
- 1D
- -0.47%
- 1M
- 4.45%
- 6M
- 3.19%
- YTD
- 4.01%
- 1Y
- 7.60%
- 3Y*
- 16.42%
- 5Y*
- 9.45%
- 10Y*
- —
HBNK.TO
- 1D
- 1.46%
- 1M
- 9.13%
- 6M
- 35.31%
- YTD
- 36.76%
- 1Y
- 75.14%
- 3Y*
- 37.95%
- 5Y*
- —
- 10Y*
- —
HUM.TO vs. HBNK.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HUM.TO Hamilton U.S. Mid-Cap Financials ETF | 4.01% | 4.39% | 12.82% | 24.27% |
HBNK.TO Global X Equal Weight Banks Index ETF | 36.76% | 43.71% | 24.77% | 9.82% |
Correlation
The correlation between HUM.TO and HBNK.TO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2023 | 0.24 |
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Return for Risk
HUM.TO vs. HBNK.TO — Risk / Return Rank
HUM.TO
HBNK.TO
HUM.TO vs. HBNK.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton U.S. Mid-Cap Financials ETF (HUM.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HUM.TO | HBNK.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.21 | ||
| Sortino ratioReturn per unit of downside risk | -6.64 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 2.00 | -0.91 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | 8.91 | -8.39 |
| Martin ratioReturn relative to average drawdown | 1.27 | 38.63 | -37.36 |
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Drawdowns
HUM.TO vs. HBNK.TO - Drawdown Comparison
The maximum HUM.TO drawdown since its inception was -49.06%, 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 HUM.TO and HBNK.TO.
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Drawdown Indicators
| HUM.TO | HBNK.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.06% | -14.78% | -34.28% |
Max Drawdown (1Y)Largest decline over 1 year | -14.68% | -8.48% | -6.20% |
Max Drawdown (3Y)Largest decline over 3 years | -31.97% | -14.78% | -17.19% |
Max Drawdown (5Y)Largest decline over 5 years | -34.43% | — | — |
Current DrawdownCurrent decline from peak | -13.68% | 0.00% | -13.68% |
Average DrawdownAverage peak-to-trough decline | -15.32% | -2.24% | -13.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.00% | 1.95% | +4.05% |
Volatility
HUM.TO vs. HBNK.TO - Volatility Comparison
Hamilton U.S. Mid-Cap Financials ETF (HUM.TO) has a higher volatility of 4.38% compared to Global X Equal Weight Banks Index ETF (HBNK.TO) at 4.00%. This indicates that HUM.TO's price experiences larger fluctuations and is considered to be riskier 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
| HUM.TO | HBNK.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 4.00% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.69% | 11.63% | +1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.65% | 13.39% | +4.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.07% | 12.77% | +49.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.46% | 12.77% | +50.69% |
Dividends
HUM.TO vs. HBNK.TO - Dividend Comparison
HUM.TO's dividend yield for the trailing twelve months is around 1.27%, less than HBNK.TO's 2.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
HBNK.TO Global X Equal Weight Banks Index ETF | 2.47% | 3.24% | 4.15% | 2.45% | 0.00% | 0.00% | 0.00% |
HUM.TO Hamilton U.S. Mid-Cap Financials ETF | 1.27% | 1.26% | 1.19% | 1.35% | 3.58% | 2.18% | 0.68% |
Frequently Asked Questions
HUM.TO and HBNK.TO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: Hamilton and Global X.
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