Compliance updated on Apr 15, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Horizons Equal Weight Canada Banks Index ETF

HEWB.TO

✗ NOT COMPLIANT ☆ Track — members

Canada ETF Expense Ratio: 0.28%

Last Close

$54.64

▲ +0.40%

Net Assets $249.30M · NAV $54.66 · Vol 1.84K

Key Metrics

NAV

$54.66

Net asset value

Expense Ratio

0.28%

Annual (TER)

Net Assets

$249.30M

Fund AUM

Premium / Disc.

-0.04%

Price vs NAV

Dividend

N/A

Latest distribution

RSI (14)

60.79

Momentum

Beta

1.09

vs Market

52W High

$54.89

0.00% below

52W Low

$32.58

67.79% above

Volume

1.84K

Avg 2.66K

Rel. Volume

0.69x

vs 30D avg

Volatility (30D)

18.60

30-day

Shariah Compliance8 STANDARDS

✗ Horizons Equal Weight Canada Banks Index ETF (HEWB.TO) ETF is currently not Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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See which standards it fails, the exact ratios behind the verdict, and halal alternatives. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does HEWB.TO pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

+2.98%

+1.05%

+17.50%

+32.40%

YTD

+36.09%

+67.81%

+157.60%

+156.69%

Fund Details

Fund Type	ETF
Expense Ratio (TER)	0.28%
Total Net Assets	$249.30M
NAV	$54.66
Market Price	$54.64
Premium / Discount	-0.04%

Last Dividend	N/A
Ex-Dividend Date	N/A
Beta	1.09
Volatility (30D)	18.60
52-Week High	$54.89
52-Week Low	$32.58

Technical Indicators

50-Day SMA	$52.48
200-Day SMA	$44.32
RSI (14)	60.79
Beta	1.09
52-Week High	$54.89
52-Week Low	$32.58

Volume Today	1.84K
Avg Daily Volume (30D)	2.66K
Relative Volume	0.69x
Volatility (10D)	10.66
Volatility (30D)	18.60
% Below 52W High	0.00%