DRFD vs. XCS ETF Comparison

Comparison of Desjardins RI Developed ex-USA ex-Canada Multifactor - Low CO2 ETF (DRFD) to iShares S&P/TSX SmallCap Index ETF (XCS)

DRFD

Desjardins RI Developed ex-USA ex-Canada Multifactor - Low CO2 ETF

DRFD Description

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

Grade (RS Rating)

Last Trade

$23.28

Average Daily Volume

1,366

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

XCS

iShares S&P/TSX SmallCap Index ETF

XCS Description

The investment seeks to replicate, net of expenses, the S&P/TSX SmallCap Index. The index is comprised of smaller (by market capitalization) securities listed on the TSX, selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.

Grade (RS Rating)

Last Trade

$21.48

Average Daily Volume

3,684

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DRFD	XCS
30 Days	-2.18%	-0.60%
60 Days	-2.02%	3.64%
90 Days	3.97%	4.93%
12 Months	16.81%	25.68%

0 Overlapping Holdings

	Symbol	Grade	Weight in DRFD	Weight in XCS	Overlap

DRFD Overweight 1 Positions Relative to XCS

	Symbol	Grade	Weight
	ABBV	D	1.61%

DRFD Underweight 10 Positions Relative to XCS

	Symbol	Grade	Weight
	BHC	B	-1.39%
	EQX	C	-1.38%
	NGD	C	-1.3%
	LSPD	B	-1.27%
	HR.UN	D	-1.26%
	PEY	A	-1.26%
	ERO	D	-1.19%
	OGC	A	-1.14%
	ATH	B	-1.1%
	AP.UN	D	-1.08%

DRFD: Top Represented Industries & Keywords

Industries: Drug Manufacturers - General

Keywords: Anemia Atopic Dermatitis Biopharmaceutical Botox Cancer Clinical Medicine Depressive Disorder Immunosuppressants Infection Irritable Bowel Syndrome Medical Specialties Medicine Migraine Ocular Hypertension Pharmaceuticals Plastics Psoriasis RTT Regenerative Medicine Spondylitis

XCS: Top Represented Industries & Keywords

Industries: Gold Oil & Gas E&P Copper Diversified Industrials Drug Manufacturers - Specialty & Generic REIT - Healthcare Facilities Software - Application

Keywords: Mining Gold Light Retail Aes Energy Gold Mining Investment Trust Mineral Mines Natural Gas Oil Real Estate Real Estate Investment Real Estate Investment Trust Residential Academi Acne Actinic Keratosis Active Management