DRFC vs. CCEI ETF Comparison

Comparison of Desjardins RI Canada Multifactor - Low CO2 ETF (DRFC) to CIBC Canadian Equity Index ETF (CCEI)

DRFC

Desjardins RI Canada Multifactor - Low CO2 ETF

DRFC Description

DRFC seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a Canadian index that employs a multifactor approach. Currently, DRFC seeks to replicate the performance of the Scientific Beta Desjardins Canada RI Low Carbon Multifactor Index, net of fees and expenses. Under normal market conditions, DRFC will primarily invest in large and mid-cap companies from the Scientific Beta Canada Universe while seeking to deliver a significant reduction in the weighted average carbon intensity of DRFC’s portfolio relative to the cap-weighted Index of the Scientific Beta Canada Universe and ensuring that all Constituent Issuers meet Pre-Determined ESG Standards.

Grade (RS Rating)

Last Trade

$27.30

Average Daily Volume

1,168

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

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

$23.37

Average Daily Volume

3,947

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	DRFC	CCEI
30 Days	-2.40%	-2.99%
60 Days	0.12%	-0.72%
90 Days	-1.03%	-1.68%
12 Months	13.46%	9.62%

4 Overlapping Holdings

	Symbol	Grade	Weight in DRFC	Weight in CCEI	Overlap
	CNQ	C	3.33%	3.47%	3.33%
	CP	C	2.55%	3.14%	2.55%
	CSU	A	3.36%	2.45%	2.45%
	ENB	C	2.98%	3.36%	2.98%

DRFC Overweight 3 Positions Relative to CCEI

	Symbol	Grade	Weight
	MFC	A	3.08%
	BNS	D	2.97%
	ATD	B	2.93%

DRFC Underweight 3 Positions Relative to CCEI

	Symbol	Grade	Weight
	CNR	D	-2.9%
	BMO	D	-2.71%
	BN	C	-2.64%

DRFC: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Oil & Gas E&P Oil & Gas Midstream Railroads Software - Application Specialty Retail

Keywords: S&P/Tsx 60 Index Energy Crude Oil Energy Industry Financial Services ING Group Liquids Marketing Natural Gas Natural Gas Liquids Oil Oil Sands Pipe Pipeline Transport Transportation Asset Management Bank Banking Banking Products

CCEI: Top Represented Industries & Keywords

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

Keywords: S&P/Tsx 60 Index Marketing Retail Transport Transportation Commodity Crude Oil Energy Energy Industry Government ING Group Liquids Mining Minnesota Railroads Montreal Natural Gas Natural Gas Liquids Oil Oil Sands Pipe