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Global X Enhanced Equal Weight Banks Index ETF Class A (BNKL : TSX)
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
Click for more information on Fundata’s ESG Grade.
|
Close (07-20-2026) |
$53.63 |
|---|---|
| Change |
-$1.56
(-2.83%)
|
| Open | $54.09 |
|---|---|
| Day Range | $53.67 - $54.09 |
| Volume | 4,153 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (July 05, 2023): 45.61%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 14.01% | 37.78% | 40.59% | 40.59% | 93.49% | 68.28% | - | - | - | - | - | - | - | - |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.01% | 10.31% | 10.31% | 10.31% | 20.42% | 16.12% | 15.81% | 12.72% | 9.25% | 11.57% | 9.38% | - | - | - |
| Category Rank | 2 / 256 | 7 / 254 | 2 / 240 | 2 / 240 | 2 / 219 | 1 / 166 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.62% | 8.47% | 6.77% | 3.51% | 5.21% | 6.34% | -0.77% | 8.10% | -4.88% | 15.12% | 4.97% | 14.01% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
15.12% (April 2026)
Worst Monthly Return Since Inception
-7.75% (August 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 29.59% | 55.26% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 1 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 26/ 139 | 3/ 190 |
Best Calendar Return (Last 10 years)
55.26% (2025)
Worst Calendar Return (Last 10 years)
29.59% (2024)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 123.95 |
| Cash and Equivalents | -23.95 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 123.95 |
| Cash and Cash Equivalent | -23.95 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Global X Equal Weight Canadian Bks Ind ETF (HBNK) | 124.02 |
| Cash and Cash Equivalents | -24.02 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 19.30% | - | - | - |
| Beta | 1.03% | - | - | - |
| Alpha | 0.39% | - | - | - |
| Rsquared | 0.32% | - | - | - |
| Sharpe | 3.48% | - | - | - |
| Sortino | 12.72% | - | - | - |
| Treynor | 0.65% | - | - | - |
| Tax Efficiency | 97.90% | - | - | - |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | July 05, 2023 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $55.61 |
| 52 Week Low | $28.47 |
| Annual Dividend | $1.28 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | - |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
The ETF seeks to replicate, to the extent reasonably possible and net of expenses, 1.25 times (125%) the performance of an index of equal-weighted equity securities of diversified Canadian banks (currently, the Solactive Equal Weight Canada Banks Index). The ETF will use leverage in order to seek to achieve its investment objective. Leverage will be created through the use of cash borrowings or as otherwise permitted under applicable securities legislation.
Investment Strategy
BNKL will seek to achieve its investment objective by a leverage ratio of approximately 125% through the use of cash borrowing, or as otherwise permitted under applicable securities legislation, in order to obtain exposure to approximately 1.25x the performance of its Underlying Index.
Portfolio Management
| Portfolio Manager |
Global X Investments Canada Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Global X Investments Canada Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 1.59% |
|---|---|
| Management Fee | 0.35% |
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