CBNK vs. HBNK ETF Comparison

Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to Horizons Equal Weight Banks Covered Call ETF (HBNK)
CBNK

Mulvihill Enhanced Yield Canadian Bank ETF

CBNK Description

Mulvihill Enhanced Yield Canadian Bank ETF invests in the common shares of the "Big Six" Canadian Banks while adding modest 25% leverage and option writing strategies to further enhance the underlying portfolio dividend yields. CBNK targets a 7% annual yield, over 2x the current yield of the S&P/TSX Diversified Banks Index, making it the highest yielding Canadian Bank ETF. Mulvihill Capital Management Inc. has a 25+ year track record managing a similar strategy.

Grade (RS Rating)

Last Trade

$8.37

Average Daily Volume

21,014

Number of Holdings *

4

* may have additional holdings in another (foreign) market
HBNK

Horizons Equal Weight Banks Covered Call ETF

HBNK Description

Grade (RS Rating)

Last Trade

$24.76

Average Daily Volume

49,329

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period CBNK HBNK
30 Days 3.33% 3.00%
60 Days 9.55% 7.70%
90 Days 17.23% 15.59%
12 Months 34.62% 35.74%
4 Overlapping Holdings
Symbol Grade Weight in CBNK Weight in HBNK Overlap
BMO A 14.34% 17.07% 14.34%
BNS A 13.19% 16.95% 13.19%
CM A 18.03% 16.34% 16.34%
NA A 17.33% 16.48% 16.48%
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