CEW vs. XFN ETF Comparison

Comparison of iShares Equal Weight Banc & Lifeco ETF (CEW) to iShares S&P/TSX Capped Financials Index ETF (XFN)

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

$21.11

Average Daily Volume

9,074

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

XFN

iShares S&P/TSX Capped Financials Index ETF

XFN Description

iShares S&P/TSX Capped Financials Index Fund, formerly iShares CDN S&P/TSX Capped Financials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Financials Index (the Index) through investments in the constituent issuers of such Index. The Index consists of securities of Canadian financial sector issuers listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Index includes stocks belonging to the S&P/TSX Financial industry sector classification, with the weight of any one company capped at 25% of the market capitalization of the Index. The Index is provided by S&P. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$60.19

Average Daily Volume

203,912

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	CEW	XFN
30 Days	5.27%	3.56%
60 Days	7.97%	6.52%
90 Days	17.09%	15.43%
12 Months	36.47%	38.04%

6 Overlapping Holdings

	Symbol	Grade	Weight in CEW	Weight in XFN	Overlap
	BMO	A	10.13%	8.02%	8.02%
	BNS	A	9.97%	8.17%	8.17%
	CM	A	9.74%	7.05%	7.05%
	MFC	B	10.2%	6.41%	6.41%
	NA	A	10.02%	3.92%	3.92%
	SLF	A	10.01%	4.08%	4.08%

CEW Overweight 2 Positions Relative to XFN

	Symbol	Grade	Weight
	IAG	A	10.08%
	GWO	A	9.92%

CEW Underweight 2 Positions Relative to XFN

	Symbol	Grade	Weight
	BN	B	-9.32%
	IFC	A	-4.17%

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

XFN: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Insurance - Diversified Insurance - Life Insurance - Property & Casualty

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