CBNK vs. CEW ETF Comparison

Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to iShares Equal Weight Banc & Lifeco ETF (CEW)

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

$7.44

Average Daily Volume

24,618

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

CEW

iShares Equal Weight Banc & Lifeco ETF

CEW Description

The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.

Grade (RS Rating)

Last Trade

$17.53

Average Daily Volume

5,874

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CBNK	CEW
30 Days	3.50%	5.57%
60 Days	0.95%	2.10%
90 Days	4.37%	4.10%
12 Months	1.23%	11.31%

4 Overlapping Holdings

	Symbol	Grade	Weight in CBNK	Weight in CEW	Overlap
	BMO	B	13.93%	9.8%	9.8%
	BNS	D	12.58%	9.91%	9.91%
	CM	B	14.81%	9.8%	9.8%
	NA	A	16.24%	9.89%	9.89%

CBNK Overweight 0 Positions Relative to CEW

	Symbol	Grade	Weight

CBNK Underweight 4 Positions Relative to CEW

	Symbol	Grade	Weight
	GWO	C	-10.16%
	SLF	D	-10.04%
	MFC	A	-10.04%
	IAG	A	-9.93%

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

CEW: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life

Keywords: Financial Services Financial Insurance Asset Management Bank Banking Investment Banking S&P/Tsx 60 Index Wealth Management Health ING Group Reinsurance Retail Banking Products Capital Market Capital Markets Credit Economic History Of Italy Financial Products Government