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HXF.TO vs. EBNK.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

HXF.TO vs. EBNK.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO).

HXF.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. HXF.TO is a passively managed fund by Global X that tracks the performance of the S&P/TSX Capped Financials Index (Total Return). It was launched on Sep 16, 2013. EBNK.TO is an actively managed fund by Evolve. It was launched on Jan 7, 2022.

Performance

HXF.TO vs. EBNK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO). The values are adjusted to include any dividend payments, if applicable.

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HXF.TO vs. EBNK.TO - Yearly Performance Comparison

2026 (YTD)2025202420232022
HXF.TO
Global X S&P/TSX Capped Financials Index Corporate Class ETF		-1.45%35.34%30.20%12.45%-12.44%
EBNK.TO
Evolve European Banks Enhanced Yield ETF Hedged CAD		-0.96%60.13%28.78%20.83%-4.75%

Returns By Period

In the year-to-date period, HXF.TO achieves a -1.45% return, which is significantly lower than EBNK.TO's -0.96% return.

HXF.TO

1D
3.68%
1M
-1.96%
YTD
-1.45%
6M
9.07%
1Y
36.39%
3Y*
24.60%
5Y*
16.15%
10Y*
13.81%

EBNK.TO

1D
2.78%
1M
-2.09%
YTD
-0.96%
6M
9.63%
1Y
31.35%
3Y*
33.92%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X S&P/TSX Capped Financials Index Corporate Class ETF

Evolve European Banks Enhanced Yield ETF Hedged CAD

Often compared with HXF.TO:
HXF.TO vs. CEW.TOHXF.TO vs. SIXY.TOHXF.TO vs. HFIN.TOHXF.TO vs. XIC.TOHXF.TO vs. ZEB.TOHXF.TO vs. VDY.TOHXF.TO vs. ZSP.TO
Often compared with EBNK.TO:
EBNK.TO vs. FCIM.NEOEBNK.TO vs. HBNK.TOEBNK.TO vs. CLML.TOEBNK.TO vs. VIDY.TOEBNK.TO vs. TTP.TOEBNK.TO vs. VCN.TOEBNK.TO vs. ZEB.TO

HXF.TO vs. EBNK.TO - Expense Ratio Comparison

HXF.TO has a 0.25% expense ratio, which is lower than EBNK.TO's 0.60% expense ratio.

EBNK.TO
Evolve European Banks Enhanced Yield ETF Hedged CAD
HXF.TO
Global X S&P/TSX Capped Financials Index Corporate Class ETF

Return for Risk

HXF.TO vs. EBNK.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HXF.TO
HXF.TO Risk / Return Rank: 9494
Overall Rank
HXF.TO Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
HXF.TO Sortino Ratio Rank: 9696
Sortino Ratio Rank
HXF.TO Omega Ratio Rank: 9696
Omega Ratio Rank
HXF.TO Calmar Ratio Rank: 9292
Calmar Ratio Rank
HXF.TO Martin Ratio Rank: 9393
Martin Ratio Rank
EBNK.TO
EBNK.TO Risk / Return Rank: 6363
Overall Rank
EBNK.TO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
EBNK.TO Sortino Ratio Rank: 6363
Sortino Ratio Rank
EBNK.TO Omega Ratio Rank: 6161
Omega Ratio Rank
EBNK.TO Calmar Ratio Rank: 6666
Calmar Ratio Rank
EBNK.TO Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HXF.TO vs. EBNK.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.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.

HXF.TOEBNK.TODifference

Sharpe ratio

Return per unit of total volatility

2.44

1.08

+1.36

Sortino ratio

Return per unit of downside risk

3.28

1.66

+1.62

Omega ratio

Gain probability vs. loss probability

1.53

1.23

+0.30

Calmar ratio

Return relative to maximum drawdown

3.59

1.80

+1.79

Martin ratio

Return relative to average drawdown

14.97

7.34

+7.62

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HXF.TO vs. EBNK.TO - Sharpe Ratio Comparison

The current HXF.TO Sharpe Ratio is 2.44, which is higher than the EBNK.TO Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of HXF.TO and EBNK.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

HXF.TOEBNK.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.44

1.08

+1.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.14

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.83

-0.07

Correlation

The correlation between HXF.TO and EBNK.TO is 0.27, 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

HXF.TO vs. EBNK.TO - Dividend Comparison

HXF.TO has not paid dividends to shareholders, while EBNK.TO's dividend yield for the trailing twelve months is around 11.47%.

TTM2025202420232022
HXF.TO
Global X S&P/TSX Capped Financials Index Corporate Class ETF		0.00%0.00%0.00%0.00%0.00%
EBNK.TO
Evolve European Banks Enhanced Yield ETF Hedged CAD		11.47%11.05%12.56%7.32%7.52%

Drawdowns

HXF.TO vs. EBNK.TO - Drawdown Comparison

The maximum HXF.TO drawdown since its inception was -39.77%, which is greater than EBNK.TO's maximum drawdown of -31.02%. Use the drawdown chart below to compare losses from any high point for HXF.TO and EBNK.TO.

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Drawdown Indicators

HXF.TOEBNK.TODifference

Max Drawdown

Largest peak-to-trough decline

-39.77%

-31.02%

-8.75%

Max Drawdown (1Y)

Largest decline over 1 year

-10.13%

-17.39%

+7.26%

Max Drawdown (5Y)

Largest decline over 5 years

-21.66%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-39.77%

—

—

Current Drawdown

Current decline from peak

-3.93%

-7.81%

+3.88%

Average Drawdown

Average peak-to-trough decline

-5.14%

-7.56%

+2.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.43%

4.26%

-1.83%

Volatility

HXF.TO vs. EBNK.TO - Volatility Comparison

The current volatility for Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) is 6.92%, while Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO) has a volatility of 9.79%. This indicates that HXF.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

HXF.TOEBNK.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

6.92%

9.79%

-2.87%

Volatility (6M)

Calculated over the trailing 6-month period

10.22%

15.29%

-5.07%

Volatility (1Y)

Calculated over the trailing 1-year period

14.98%

29.15%

-14.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.26%

27.06%

-12.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.90%

27.06%

-10.16%