Hamilton Canadian Bank
Equal-Weight Index ETF

  • Ticker HEB
  • Yield % 3.40

Low-Cost Canadian Bank ETF

HIGHLIGHTS

0% management fee through January 31, 2026*Annual management fee rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026

Yield of 3.40%*An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on December 31, 2025. The yield calculation excludes any additional year end distributions and does not include reinvested distributions. with monthly distributions

Convenient equal-weight exposure to Canada’s big-6 banks

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly income

Low-cost exposure to the big-6 Canadian banks

Tax-efficiency from Canadian eligible dividends

FUND OBJECTIVE

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.

HAMILTON CHAMPTIONS™ ETFs

Performance

  • TICKER HEB
  • NAV $27.26
  • 1 DAY CHANGE -$0.36
  • YIELD % *

    Current annualized yield.

    3.40
  • ASSETS $1048.0M

Total Returns (incl. Dividends)

As at December 31, 2025

  • ticker 0.0%
  • 1 month 5.1%
  • 3 months 12.6%
  • 6 months 29.6%
  • ytd 43.8%
  • 1 year 43.8%
  • inception* 27.0%
  • as of date 1200.0%

Canadian Bank Index Outperformance1

since March 2007

DISCLAIMER1. Source: Solactive AG, Bloomberg, Hamilton ETFs. Data from March 16, 2007 to December 31, 2025.
The graph illustrates the growth of an initial investment of $10,000 in the Solactive Equal Weight Canada Banks Index (SOLCBEW) vs the S&P/TSX 60 with annual compounded total returns. The graph is for illustrative purposes only and intended to demonstrate the historical impact of the indexes compound growth rate. It is not a projection of future index performance, nor does it reflect potential returns on investments in the ETF. Investors cannot directly invest in the index. All performance data assumes reinvestment of distributions and excludes management fees, transaction costs, and other expenses which would have impacted an investor’s returns. The S&P/TSX 60 Index (“Index”) and associated data are a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by Hamilton ETFs © 2025 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“SPFS”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Neither S&P Dow Jones Indices LLC, SPFS, Dow Jones, their affiliates nor their licensors (“S&P DJI”) make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and S&P DJI shall have no liability for any errors, omissions, or interruptions of any index or the data included therein.

Low-Cost Canadian Bank ETF2

 

DISCLAIMER2. Annual management fee rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026.

  • Overview
  • Distributions
  • Documents

Holdings

As at December 31, 2025

tickernameweight
TDToronto-Dominion Bank/The17.7%
RYRoyal Bank of Canada17.2%
BNSBank of Nova Scotia/The16.9%
NANational Bank of Canada16.8%
CMCanadian Imperial Bank of Comm16.5%
BMOBank of Montreal14.9%
Cash and Other Assets/Liabilities0.0%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX) or Cboe Canada, and can be used in RRSP, RRIF, DPSP, RDSP, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerHEB
ExchangeToronto Stock Exchange (TSX)
CUSIP40704N104
Inception DateApril 3, 2023
Investment StyleEqual-Weight, Index-based
BenchmarkSolactive Equal Weight Canada Banks Index
Assets$1048.0M CAD*
Current Annualized Yield3.40%*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-Annually
Management Fee0.00%*
Risk RatingMedium to High
AuditorKPMG LLP
Legal Entity Identifier549300093ISLOKV5JH04

Distributions

HEB distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage. The annual tax information is available here.
Ex-Dividend DatePay DateFrequencyAmount
2025-12-312026-01-08Special (cash)$0.0053
2025-12-312026-01-08Monthly$0.077
2025-11-282025-12-05Monthly$0.075
2025-10-312025-11-07Monthly$0.074
2025-09-292025-10-07Monthly$0.074
2025-08-292025-09-08Monthly$0.074
2025-07-312025-08-08Monthly$0.074
2025-06-302025-07-08Monthly$0.072
2025-05-302025-06-06Monthly$0.069
2025-04-302025-05-07Monthly$0.069
2025-03-312025-04-07Monthly$0.069
2025-02-282025-03-07Monthly$0.069
2025-01-312025-02-07Monthly$0.069
2024-12-312025-01-08Special (non-cash)$0.1255
2024-12-312025-01-08Monthly$0.069
2024-11-292024-12-06Monthly$0.069
2024-10-312024-11-07Monthly$0.069
2024-09-272024-10-07Monthly$0.069
2024-08-302024-09-09Monthly$0.069
2024-07-312024-08-08Monthly$0.069
2024-06-282024-07-08Monthly$0.069
2024-05-312024-06-07Monthly$0.069
2024-04-292024-05-07Monthly$0.069
2024-03-272024-04-05Monthly$0.069
2024-02-282024-03-07Monthly$0.069
2024-01-302024-02-09Monthly$0.069
2023-12-282024-01-08Monthly$0.069
2023-11-292023-12-07Monthly$0.069
2023-10-302023-11-07Monthly$0.069
2023-09-282023-10-06Monthly$0.069
2023-08-302023-09-08Monthly$0.069
2023-07-282023-08-08Monthly$0.069
2023-06-292023-07-10Monthly$0.069
2023-05-302023-06-07Monthly$0.069
2023-04-272023-05-05Monthly$0.069

You can view public filings for the Hamilton Canadian Bank Equal-Weight Index ETF on SEDAR+.

Press Releases

View the latest HEB Press Releases

Fact Sheet

HEB Fact Sheet (2025-12-31) English Français

ETF Facts

HEB ETF Facts (2025-04-04) English Français

Prospectus

HEB Prospectus (2025-04-04) English Français

Financial Statements & MRFP

Annual Report (2024-12-31) English Français
Interim Report (2025-06-30) English Français

Latest Portfolio Summary

Q3 2025 Portfolio Summary (2025-09-30) Download

Proxy Voting

Proxy Voting Report (2024-07 to 2025-06) Download

Independent Review Committee

2024 Annual Report to Securityholders (2025-03-11) Download

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