HBNK vs. CBNK ETF Comparison

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

Horizons Equal Weight Banks Covered Call ETF

HBNK Description

Grade (RS Rating)

Last Trade

$24.12

Average Daily Volume

6,811

Number of Holdings *

4

* may have additional holdings in another (foreign) market
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

$8.18

Average Daily Volume

23,733

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period HBNK CBNK
30 Days 8.75% 9.95%
60 Days 10.49% 12.18%
90 Days 18.57% 21.91%
12 Months 25.84% 21.91%
4 Overlapping Holdings
Symbol Grade Weight in HBNK Weight in CBNK Overlap
BMO B 13.82% 14.34% 13.82%
BNS A 15.47% 13.19% 13.19%
CM A 18.31% 18.03% 18.03%
NA B 17.66% 17.33% 17.33%
Compare ETFs