What is this Canadian Bank ETF all about?
In fact, that’s all this Canadian bank ETF has in terms of holdings. The overall objective of the ETF is to duplicate the performance of the Solactive Equal Weight Canada Banks Index. The ETF contains all of the same holdings as the index, along with the same proportions of each holding.
What is the lowest cost Bank ETF in Canada?
Horizons Equal Weight Canadian Banks ETF One of the lowest-cost Canadian bank ETFs in Canada is offered by Horizons. HEWB is an equal-weight passive strategy that tracks the Solactive Equal Weight Canada Banks Index (Total Return). It divides your investment equally among the six major Canadian banks.
What is the CI Canadian banks income class ETF?
The CI Canadian Banks Income Class ETF is considered the new version of the CI First Asset CanBanc Income Bank ETF. It was launched in 2020, and it invests in the top six Canadian banks. It had a return of 49.81% in the last year alone and a total annualized return of 9.94%.