HEB.TO
HAMILTON CHAMPIONS TM Canadian Bank Equal-Weight Index ETF
Canadian
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Inception date | Mar 27, 2023 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TORONTO-DOMINION BANK | 17.0 % |
| CAN IMPERIAL BK OF COMMERCE | 16.9 % |
| ROYAL BANK OF CANADA | 16.9 % |
| BANK OF MONTREAL | 16.3 % |
| NATIONAL BANK OF CANADA | 16.3 % |
| BANK OF NOVA SCOTIA | 16.1 % |
Constituent Breakdown
| Number of holdings | 7 |
| Herfindahl-Hirschman Index | 1,650 |
| Wgt avg mkt cap (mns) | $121,518 |
| Large cap (>$10bn) | 99.5% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 99.5 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 17.2% | 54.4% | 37.1% | 27.5% | -- | -- | -- | 24.4% |
| Dividend Yield | 1.3% | 5.2% | 5.4% | 5.6% | -- | -- | -- | 5.6% |
| Total Returns | 18.5% | 59.5% | 42.5% | 33.1% | -- | -- | -- | 30.0% | Ann. Volatility | 17.0% | 12.9% | 12.5% | 12.8% | -- | -- | -- | 12.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 37% |
| MSCI EAFE | 0.55 | 40% |
| MSCI Emg Mkts | 0.32 | 24% |
Liquidity Measures
| Avg. volume (000) | 51 |
| ADV traded (mns) | $2 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $30.93 |
| Relative strength (RSI) | 63 |
| MACD/Signal | 0.64/0.64 |
| Bollinger Bands (Upper/Lower) | $32.66/$30.01 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. HEB.TO |
Expenses vs. HEB.TO |
ALTAR Score™ vs. HEB.TO |
|---|---|---|---|---|
| HBNK.TO | Global X Equal Weight Canadian Banks Index ETF | 99.3% | 0 bp | +0.1% |
| ZEB.TO | BMO Equal Weight Banks Index ETF | 99.1% | 0 bp | +0.1% |
| SIXY.TO | Evolve Big Six Canadian Banks UltraYield Index ETF | 97.2% | +35 bp | -0.3% |
| RBNK.TO | RBC Canadian Bank Yield Index ETF | 83.7% | +4 bp | +0.1% |
| TBNK.TO | TD Canadian Bank Dividend Index ETF | 77.9% | 0 bp | 0.0% |
| HCA.TO | Hamilton Canadian Bank Mean Reversion Index ETF | 74.8% | +20 bp | -0.2% |
| HMAX.TO | Hamilton Canadian Financials YIELD MAXIMIZER TM ETF | 68.7% | +40 bp | +0.2% |
| BNC.TO | Purpose Canadian Financial Income Fund | 68.4% | +42 bp | 0.0% |
| XFN.TO | iShares S&P/TSX Capped Financials Index ETF | 64.0% | +36 bp | +0.3% |
| CEW.TO | iShares Equal Weight Banc & Lifeco ETF | 59.7% | +30 bp | +0.2% |
Risk and Returns: HEB.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/4/2026
Peer Group Comparison
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ETF Research Center Rating
6.3%
ALTAR SCORE™
60th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. HEB.TO's ALTAR Score™ is approximately 0.3 standard
deviations above the category average. This places HEB.TO in the 60th percentile
among funds in the category.
Sell-Side Consensus
$29.51
PRICE TARGET
-7.8%
UPSIDE