CBNK vs. HBNK ETF Comparison

Comparison of Mulvihill Enhanced Yield Canadian Bank ETF (CBNK) to Horizons Equal Weight Banks Covered Call ETF (HBNK)

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

$8.04

Average Daily Volume

23,945

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HBNK

Horizons Equal Weight Banks Covered Call ETF

HBNK Description

Grade (RS Rating)

Last Trade

$23.80

Average Daily Volume

6,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CBNK	HBNK
30 Days	8.50%	7.45%
60 Days	11.47%	9.78%
90 Days	19.65%	17.12%
12 Months	18.44%	22.33%

4 Overlapping Holdings

Symbol	Grade	Weight in CBNK	Weight in HBNK	Overlap
BMO	D	15.32%	15.0%	15.0%
BNS	A	13.01%	15.38%	13.01%
CM	B	16.95%	17.21%	16.95%
NA	B	16.64%	17.28%	16.64%

CBNK Overweight 0 Positions Relative to HBNK

	Symbol	Grade	Weight

CBNK Underweight 0 Positions Relative to HBNK

	Symbol	Grade	Weight

CBNK: Top Represented Industries & Keywords

Industries: Banks - Global

HBNK: Top Represented Industries & Keywords

Industries: Banks - Global