DRFC vs. FQC ETF Comparison

Comparison of Desjardins RI Canada Multifactor - Low CO2 ETF (DRFC) to First Asset MSCI Canada Quality Index Class ETF (FQC)

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

$28.21

Average Daily Volume

1,358

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

FQC

First Asset MSCI Canada Quality Index Class ETF

FQC Description

The First Asset ETF’s investment objective is to replicate, to the extent possible, the performance of the MSCI Canada Quality Index (CAD), net of expenses. The MSCI Canada Quality Index (CAD) is based on the MSCI Canada Index, its parent index, which includes large and mid-cap stocks of the Canadian equity market.

Grade (RS Rating)

Last Trade

$34.96

Average Daily Volume

841

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DRFC	FQC
30 Days	3.52%	0.87%
60 Days	2.03%	7.83%
90 Days	4.21%	10.35%
12 Months	14.58%	16.61%

4 Overlapping Holdings

	Symbol	Grade	Weight in DRFC	Weight in FQC	Overlap
	ATD	D	3.28%	4.99%	3.28%
	CP	D	2.53%	5.48%	2.53%
	CSU	C	3.78%	5.54%	3.78%
	MFC	A	3.41%	5.68%	3.41%

DRFC Overweight 3 Positions Relative to FQC

	Symbol	Grade	Weight
	BNS	C	3.68%
	CNQ	B	3.29%
	ENB	C	2.88%

DRFC Underweight 6 Positions Relative to FQC

	Symbol	Grade	Weight
	CNR	D	-5.22%
	GIB.A	D	-5.21%
	IFC	C	-5.02%
	ARX	B	-5.0%
	SLF	D	-4.83%
	BAM	C	-4.82%

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

FQC: Top Represented Industries & Keywords

Industries: Railroads Asset Management Information Technology Services Insurance - Diversified Insurance - Life Insurance - Property & Casualty Oil & Gas E&P Software - Application Specialty Retail

Keywords: S&P/Tsx 60 Index Asset Management Financial Insurance Retail Transport Transportation Credit Financial Services Insurance Operations Minnesota Railroads Rail Freight Transport Rail Transport By Country Rail Transportation In The United States Reinsurance Retailers Service Companies Software Software Solution Software Solutions