Question 1

What is HEB?

Accepted Answer

HEB — Hamilton Canadian Bank Equal-Weight Index ETF — is a Canadian-listed ETF trading on the TSX. HEB is designed to track the returns of the Solactive Equal Weight Canada Banks Index, net of fees and expenses. HEB rebalances semi-annually to equal-weight.

Question 2

What is the HEB ETF price today?

Accepted Answer

HEB last traded at $34.88 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are HEB annualised returns?

Accepted Answer

HEB historical returns: YTD: +27.35%, 1-year: +45.23%, 3-year annualised: +39.66%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.90, which measures risk-adjusted return.

Question 4

Does HEB pay dividends or distributions?

Accepted Answer

Yes, HEB distributes income to unitholders. The current distribution yield is approximately 2.78%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 5

What does HEB invest in?

Accepted Answer

HEB's top holdings include Bank of Nova Scotia (BNS, 17.1%), Toronto Dominion Bank (TD, 17.2%), Bank of Montreal (BMO, 17.1%), Royal Bank of Canada (RY, 16.9%), Canadian Imperial Bank Of Commerce (CM, 16.4%) — and 1 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Fin Svc GR CAD.

Question 6

What sectors does HEB invest in?

Accepted Answer

HEB's largest sector exposures are Financial Services (100.0%), Energy (0.0%), Utilities (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is HEB? (Assets under management)

Accepted Answer

HEB has approximately $1.31B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 8

When was HEB launched?

Accepted Answer

HEB was launched on April 3, 2023, giving it a 3-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy HEB in Canada?

Accepted Answer

HEB trades on the TSX under the ticker HEB. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 10

How risky is HEB?

Accepted Answer

HEB has a 1-year volatility of 18.07% and a beta of 1.00 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.90 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-22	$34.72	$34.91	$34.59	$34.88	$34.88	44,102
2026-10-21	$34.56	$35.01	$34.56	$34.99	$34.99	48,024
2026-10-20	$34.31	$34.47	$34.21	$34.41	$34.41	24,211
2026-10-19	$34.20	$34.28	$34.04	$34.13	$34.13	42,831
2026-10-16	$34.40	$34.63	$34.22	$34.38	$34.38	80,693
2026-10-15	$33.90	$34.33	$33.80	$34.33	$34.33	28,023
2026-10-14	$33.86	$33.92	$33.67	$33.84	$33.84	54,131
2026-10-13	$34.98	$34.98	$33.63	$34.08	$34.08	30,848
2026-10-09	$33.17	$33.56	$33.11	$33.50	$33.50	12,000
2026-10-08	$33.00	$33.14	$32.94	$33.04	$33.04	35,187

Sector	Weight
Financial Services	100.00%
Energy	0.00%
Utilities	0.00%
Healthcare	0.00%
Technology	0.00%
Industrials	0.00%
Real Estate	0.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Consumer Defensive	0.00%
Communication Services	0.00%

Ticker	Name	Price	1D
SOXD		$18.09	+20.44%
CGMD		$6.95	+16.03%
GASD		$5.54	+12.37%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$9.75	+12.33%
SLVD	BetaPro Silver -2x Daily Bear ETF	$42.12	+11.75%
MSTZ		$1.97	+11.30%
CSUU		$12.05	+9.95%
QQQD		$7.28	+8.66%

Hamilton Canadian Bank Equal-Weight Index ETF (HEB : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Hamilton Canadian Bank Equal-Weight Index ETF

ETF Details

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Frequently Asked Questions — HEB