CDZ vs. TLV ETF Comparison

Comparison of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) to PowerShares S&P/TSX Composite Low Volatility Index ETF (TLV)

CDZ

iShares S&P/TSX Canadian Dividend Aristocrats Index ETF

CDZ Description

The investment seeks to replicate the performance, net of expenses, of the S&P/TSX Canadian Dividend Aristocrats index. The index consists of common stocks or income trusts listed on the Toronto Stock Exchange which are constituents of the S&P Canada Broad Market index (BMI). The security must have increased ordinary cash dividends every year for at least five consecutive years, and the float-adjusted market capitalization of the security, at the time of the review, must be at least C$ 300 million.

Grade (RS Rating)

Last Trade

$36.91

Average Daily Volume

14,365

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

TLV

PowerShares S&P/TSX Composite Low Volatility Index ETF

TLV Description

TLV seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P/TSX Composite Low Volatility Index, or any successor thereto. This Invesco ETF invests, directly or indirectly, primarily in Canadian equity securities.

Grade (RS Rating)

Last Trade

$34.03

Average Daily Volume

3,351

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CDZ	TLV
30 Days	0.99%	-0.27%
60 Days	4.81%	2.56%
90 Days	10.29%	6.83%
12 Months	28.06%	24.09%

3 Overlapping Holdings

	Symbol	Grade	Weight in CDZ	Weight in TLV	Overlap
	ENB	A	2.48%	2.24%	2.24%
	PPL	A	2.02%	2.78%	2.02%
	TRP	A	2.49%	2.17%	2.17%

CDZ Overweight 7 Positions Relative to TLV

	Symbol	Grade	Weight
	FSZ	B	2.96%
	AP.UN	D	2.5%
	CPX	A	2.44%
	ARE	A	2.42%
	BNS	A	2.25%
	CWB	A	2.23%
	CM	A	2.18%

CDZ Underweight 5 Positions Relative to TLV

	Symbol	Grade	Weight
	FTS	A	-2.32%
	H	C	-2.21%
	GWO	A	-2.2%
	SLF	A	-2.18%
	TIH	D	-2.16%

CDZ: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Banks - Global Asset Management Banks - Regional Diversified Industrials Engineering & Construction Utilities - Regulated Electric

Keywords: Energy Natural Gas S&P/Tsx 60 Index Bank Banking Construction Financial Financial Services Infrastructure Liquids Oil Pipe Pipeline Retail Advisors Advisory Services Credit Crude Oil Energy Segment Integrated

TLV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Industrial Distribution Insurance - Diversified Insurance - Life

Keywords: Energy Natural Gas S&P/Tsx 60 Index Infrastructure Liquids Pipe Pipeline Asset Management Crude Oil Electricity Energy Infrastructure Financial Financial Services Gas Storage Gas Utility Insurance Natural Gas Liquids Natural Gas Processing Natural Gas Storage Oil