CCEI vs. ZCN ETF Comparison

Comparison of CIBC Canadian Equity Index ETF (CCEI) to BMO S&P/TSX Capped Composite Index ETF (ZCN)

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

$27.09

Average Daily Volume

1,974

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ZCN

BMO S&P/TSX Capped Composite Index ETF

ZCN Description

The investment seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Composite Index, net of expenses. The fund will invest in and hold the Constituent Securities of the S&P/TSX Capped Composite Index in the same proportion as they are reflected in the S&P/TSX Capped Composite Index or securities intended to replicate the performance of the index. The index is a float-adjusted market capitalization weighted index that incorporates over 200 equities and provides a more diversified exposure that is more representative of the Canadian equity market.

Grade (RS Rating)

Last Trade

$33.53

Average Daily Volume

65,733

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CCEI	ZCN
30 Days	3.00%	2.57%
60 Days	6.32%	5.87%
90 Days	8.93%	8.51%
12 Months	26.53%	25.68%

7 Overlapping Holdings

	Symbol	Grade	Weight in CCEI	Weight in ZCN	Overlap
	BMO	A	2.61%	2.59%	2.59%
	BN	B	2.65%	3.0%	2.65%
	BNS	A	2.65%	2.63%	2.63%
	CNQ	B	2.78%	2.78%	2.78%
	CP	D	3.16%	3.14%	3.14%
	ENB	A	3.42%	3.48%	3.42%
	SHOP	B	3.81%	3.81%	3.81%

CCEI Overweight 1 Positions Relative to ZCN

	Symbol	Grade	Weight
	CSU	B	2.67%

CCEI Underweight 1 Positions Relative to ZCN

	Symbol	Grade	Weight
	CNR	F	-2.55%

CCEI: Top Represented Industries & Keywords

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

Keywords: S&P/Tsx 60 Index Marketing ING Group Retail Bank Banking Banking Products Crude Oil Energy Energy Industry Financial Services Government Investment Banking Liquids Mining Natural Gas Natural Gas Liquids Oil Oil Sands Pipe

ZCN: Top Represented Industries & Keywords

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

Keywords: S&P/Tsx 60 Index Marketing Retail Transport Transportation Bank Banking Banking Products Commodity Crude Oil Energy Energy Industry Financial Services ING Group Investment Banking Liquids Mining Minnesota Railroads Mobile Montreal