HXF.TO vs. HEB.TO
Compare and contrast key facts about Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) and Hamilton Canadian Bank Equal-Weight Index ETF (HEB.TO).
HXF.TO and HEB.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. HEB.TO is a passively managed fund by Hamilton that tracks the performance of the Solactive Equal Weight Canada Banks Index. It was launched on Apr 3, 2023. Both HXF.TO and HEB.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
HXF.TO vs. HEB.TO - Performance Comparison
Loading graphics...
HXF.TO vs. HEB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HXF.TO Global X S&P/TSX Capped Financials Index Corporate Class ETF | -4.96% | 35.34% | 30.20% | 11.62% |
HEB.TO Hamilton Canadian Bank Equal-Weight Index ETF | 1.58% | 44.00% | 23.58% | 8.60% |
Returns By Period
In the year-to-date period, HXF.TO achieves a -4.96% return, which is significantly lower than HEB.TO's 1.58% return.
HXF.TO
- 1D
- 0.11%
- 1M
- -5.44%
- YTD
- -4.96%
- 6M
- 5.45%
- 1Y
- 31.51%
- 3Y*
- 23.11%
- 5Y*
- 15.32%
- 10Y*
- 13.40%
HEB.TO
- 1D
- 2.50%
- 1M
- -4.22%
- YTD
- 1.58%
- 6M
- 14.53%
- 1Y
- 51.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HXF.TO vs. HEB.TO - Expense Ratio Comparison
HXF.TO has a 0.25% expense ratio, which is higher than HEB.TO's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
HXF.TO vs. HEB.TO — Risk / Return Rank
HXF.TO
HEB.TO
HXF.TO vs. HEB.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 Hamilton Canadian Bank Equal-Weight Index ETF (HEB.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.TO | HEB.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.18 | 3.84 | -1.66 |
Sortino ratioReturn per unit of downside risk | 2.90 | 4.89 | -1.99 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.74 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.91 | 5.92 | -3.02 |
Martin ratioReturn relative to average drawdown | 12.18 | 25.35 | -13.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HXF.TO | HEB.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 3.84 | -1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.09 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 2.01 | -1.26 |
Correlation
The correlation between HXF.TO and HEB.TO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HXF.TO vs. HEB.TO - Dividend Comparison
HXF.TO has not paid dividends to shareholders, while HEB.TO's dividend yield for the trailing twelve months is around 2.97%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HXF.TO Global X S&P/TSX Capped Financials Index Corporate Class ETF | 0.00% | 0.00% | 0.00% | 0.00% |
HEB.TO Hamilton Canadian Bank Equal-Weight Index ETF | 2.97% | 3.20% | 4.24% | 3.75% |
Drawdowns
HXF.TO vs. HEB.TO - Drawdown Comparison
The maximum HXF.TO drawdown since its inception was -39.77%, which is greater than HEB.TO's maximum drawdown of -14.82%. Use the drawdown chart below to compare losses from any high point for HXF.TO and HEB.TO.
Loading graphics...
Drawdown Indicators
| HXF.TO | HEB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.77% | -14.82% | -24.95% |
Max Drawdown (1Y)Largest decline over 1 year | -10.13% | -8.86% | -1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.77% | — | — |
Current DrawdownCurrent decline from peak | -7.34% | -6.09% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -5.14% | -2.51% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 2.07% | +0.35% |
Volatility
HXF.TO vs. HEB.TO - Volatility Comparison
The current volatility for Global X S&P/TSX Capped Financials Index Corporate Class ETF (HXF.TO) is 5.77%, while Hamilton Canadian Bank Equal-Weight Index ETF (HEB.TO) has a volatility of 6.09%. This indicates that HXF.TO experiences smaller price fluctuations and is considered to be less risky than HEB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HXF.TO | HEB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 6.09% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 10.25% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.65% | 13.52% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.17% | 12.68% | +1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 12.68% | +4.18% |