CBNK vs. CDIV ETF Comparison

Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to Manulife Smart Dividend ETF (CDIV)

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

$7.36

Average Daily Volume

29,132

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

CDIV

Manulife Smart Dividend ETF

CDIV Description

Manulife Smart Dividend ETF is an exchange traded fund launched and managed by Manulife Asset Management Limited. The fund invests in public equity markets of Canada. It invests in stocks of companies operating across sectors. It invests in growth and value stocks of large-cap companies. The fund invests in dividend paying stocks of companies. The fund seeks to benchmark the performance of its portfolio against the S&P/TSX Composite Total Return Index. The fund employs proprietary research to create its portfolio. Manulife Smart Dividend ETF was formed on November 10, 2020 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$13.74

Average Daily Volume

16,966

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	CBNK	CDIV
30 Days	-0.54%	1.33%
60 Days	0.41%	2.46%
90 Days	5.60%	6.59%
12 Months	1.24%	6.93%

3 Overlapping Holdings

	Symbol	Grade	Weight in CBNK	Weight in CDIV	Overlap
	BMO	C	13.93%	4.17%	4.17%
	BNS	C	12.58%	4.18%	4.18%
	CM	A	14.81%	4.11%	4.11%

CBNK Overweight 1 Positions Relative to CDIV

	Symbol	Grade	Weight
	NA	A	16.24%

CBNK Underweight 7 Positions Relative to CDIV

	Symbol	Grade	Weight
	CNQ	B	-4.17%
	MFC	A	-4.14%
	CNR	C	-4.12%
	NTR	B	-4.1%
	SU	A	-4.09%
	GWO	B	-4.07%
	PPL	A	-4.05%

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

CDIV: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Agricultural Inputs Oil & Gas E&P Oil & Gas Integrated Oil & Gas Midstream Railroads

Keywords: S&P/Tsx 60 Index Financial Services Financial Retail Bank Banking Crude Oil Energy Insurance Integrated Investment Banking Natural Gas Oil Oil Sands Petroleum Petroleum Industry Transport Asset Management Banking Products Capital Market