UTIL vs. UMAX ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to Hamilton Utilities Yield Maximizer ETF (UMAX)

UTIL

Horizons Canadian Utility Services High Dividend Index ETF

UTIL Description

Horizons Canadian Utility Services High Dividend Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. The fund invests in stocks of companies operating across communication services, telecommunication services, energy, oil, gas and consumable fuels, oil and gas storage transportation, natural gas pipelines, oil and gas pipelines sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund seeks to track the performance of the Solactive Canadian Utility Services High Dividend Index, by using full replication technique. Horizons Canadian Utility Services High Dividend Index ETF was formed on August 9, 2022 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$20.27

Average Daily Volume

1,518

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

UMAX

Hamilton Utilities Yield Maximizer ETF

UMAX Description

UMAX is designed for attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the U.S. To reduce volatility and augment dividend income, UMAX will employ an active covered call strategy.

Grade (RS Rating)

Last Trade

$14.39

Average Daily Volume

76,458

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	UMAX
30 Days	4.27%	1.55%
60 Days	1.50%	-2.57%
90 Days	0.60%	-4.00%
12 Months	-7.61%

7 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in UMAX	Overlap
	BIP.UN	C	8.66%	7.4%	7.4%
	EMA	B	8.42%	7.91%	7.91%
	ENB	A	9.03%	8.11%	8.11%
	FTS	A	8.49%	8.06%	8.06%
	H	B	8.74%	7.52%	7.52%
	PPL	A	9.35%	8.09%	8.09%
	T	C	7.55%	7.91%	7.55%

UTIL Overweight 3 Positions Relative to UMAX

	Symbol	Grade	Weight
	ALA	A	9.43%
	TRP	A	8.36%
	RCI.B	C	7.29%

UTIL Underweight 2 Positions Relative to UMAX

	Symbol	Grade	Weight
	BCE	C	-7.81%
	CNR	C	-7.59%

UTIL: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Natural Gas Communications Electricity Infrastructure Liquids S&P/Tsx 60 Index Storage Utilities Energy Infrastructure Energy Segment Gas Storage Information Information Technology Natural Gas Liquids Natural Gas Storage Pipe Pipeline Telecommunications Transport

UMAX: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric Railroads

Keywords: Energy Communications Electricity Natural Gas S&P/Tsx 60 Index Transport Transportation Telecommunications Utilities Broadband Commodity Communications Service Communications Services Crude Oil Electric Power Transmission Electricity Transmission Energy Segment Energy Services Energy Transportation Gas Utilities