CBNK vs. CCEI ETF Comparison

Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to CIBC Canadian Equity Index ETF (CCEI)

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

$6.91

Average Daily Volume

25,116

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

CCEI

CIBC Canadian Equity Index ETF

CCEI Description

Seeks to replicate, to the extent reasonablypossible and before fees and expenses, theperformance of a broad Canadian equity marketindex that measures the investment return ofpublicly traded securities in the Canadian market.Currently, this CIBC ETF seeks to track theMorningstar® Canada Domestic Index? (or anysuccessor thereto).

Grade (RS Rating)

Last Trade

$23.39

Average Daily Volume

3,690

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	CBNK	CCEI
30 Days	-6.50%	-2.70%
60 Days	-4.29%	0.09%
90 Days	-5.73%	-0.89%
12 Months	-4.29%	8.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in CBNK	Weight in CCEI	Overlap
	BMO	D	13.46%	2.71%	2.71%

CBNK Overweight 3 Positions Relative to CCEI

	Symbol	Grade	Weight
	NA	C	14.3%
	CM	C	13.74%
	BNS	C	12.91%

CBNK Underweight 6 Positions Relative to CCEI

	Symbol	Grade	Weight
	CNQ	D	-3.47%
	ENB	C	-3.36%
	CP	D	-3.14%
	CNR	C	-2.9%
	BN	C	-2.64%
	CSU	B	-2.45%

CBNK: Top Represented Industries & Keywords

Industries: Banks - Global

Keywords: Bank Banking Financial Services Investment Banking Financial ING Group Wealth Management Banking Products Capital Market Capital Markets Economic History Of Italy Government Insurance Integrated Investment Banks Investment Solutions National Bank Of Canada Retail S&P/Tsx 60 Index Td Securities

CCEI: Top Represented Industries & Keywords

Industries: Railroads Asset Management Banks - Global Oil & Gas E&P Oil & Gas Midstream Software - Application

Keywords: S&P/Tsx 60 Index Marketing Retail Transport Transportation Commodity Crude Oil Energy Energy Industry Government ING Group Liquids Mining Minnesota Railroads Montreal Natural Gas Natural Gas Liquids Oil Oil Sands Pipe