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About Global X Equal Weight U.S. Banks Index ETF Trust Units A
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Inception date
Apr 30, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Global X Investments Canada, Inc.
Identifiers
3
ISIN CA37965P1099
The fund is designed to provide exposure focusing on the top players of the banking sector. It tracks an index comprised of equity securities of the largest banks in the US. To be included, companies must be a part of the initial universe, the Mirae Asset US 1000, and meet market-cap and liquidity screens. The eligible banks must also be recognized as a part of the Globally Systemically Important Banks (G-SIBs) with a bucket size equal to or greater than 100. Constituents are equally weighted to ensure diversification. The fund targets investors with medium- to high-risk appetites due to its volatility. The index is rebalanced on a semi-annual basis in March and September.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UBNK last dividends amounted to 0.12 CAD. The quarter before, the issuer paid 0.12 CAD in dividends,
UBNK assets under management is 7.37 M CAD. It's fallen 44.09% over the last month.
UBNK fund flows account for 3.50 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, UBNK pays dividends to its holders with the dividend yield of 1.63%. The last dividend (Jan 8, 2026) amounted to 0.12 CAD. The dividends are paid quarterly.
UBNK shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Apr 30, 2025, and its management style is Passive.
UBNK price has fallen by −1.70% over the last month, and its yearly performance shows a 44.86% increase. See more dynamics on UBNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.62% over the last month, have fallen by −2.62% over the last month, showed a 7.84% increase in three-month performance and has increased by 2.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.62% over the last month, have fallen by −2.62% over the last month, showed a 7.84% increase in three-month performance and has increased by 2.44% in a year.
UBNK trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.