CDZ vs. XMV ETF Comparison

Comparison of iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) to iShares Edge MSCI Min Vol Canada Index ETF (XMV)

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

XMV

iShares Edge MSCI Min Vol Canada Index ETF

XMV Description

The investment seeks to replicate, net of expense, the MSCI Canada Minimum Volatility Index CAD. The fund will primarily invest in securities that consists of the underlying index. The index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Canada that have lower volatility relative to the equity securities included in the MSCI Canada Index.

Grade (RS Rating)

Last Trade

$47.16

Average Daily Volume

3,516

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CDZ	XMV
30 Days	0.99%	0.49%
60 Days	4.81%	2.70%
90 Days	10.29%	6.03%
12 Months	28.06%	23.90%

2 Overlapping Holdings

	Symbol	Grade	Weight in CDZ	Weight in XMV	Overlap
	ENB	A	2.48%	3.03%	2.48%
	PPL	A	2.02%	2.79%	2.02%

CDZ Overweight 8 Positions Relative to XMV

	Symbol	Grade	Weight
	FSZ	B	2.96%
	AP.UN	D	2.5%
	TRP	A	2.49%
	CPX	A	2.44%
	ARE	A	2.42%
	BNS	A	2.25%
	CWB	A	2.23%
	CM	A	2.18%

CDZ Underweight 6 Positions Relative to XMV

	Symbol	Grade	Weight
	IFC	A	-3.16%
	FTS	A	-3.04%
	SLF	A	-3.03%
	GIB.A	C	-2.97%
	H	C	-2.96%
	L	C	-2.88%

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

XMV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Grocery Stores Information Technology Services Insurance - Diversified Insurance - Property & Casualty

Keywords: Energy S&P/Tsx 60 Index Financial Insurance Natural Gas Transport Transportation Credit Crude Oil Electricity Financial Services Gas Utility Information Information Technology Infrastructure Liquids Natural Gas Liquids Natural Gas Processing Oil Oil Sands