DXR vs. CDZ ETF Comparison

Comparison of Dynamic Active Retirement Income+ ETF (DXR) to iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)

DXR

Dynamic Active Retirement Income+ ETF

DXR Description

DXR seeks to provide total returns that have lower correlations to major stock or bond market indices in the form of income and long-term capital appreciation by investing primarily in dividend-paying or distribution-paying equity securities. DXR will use alternative investment strategies, including the use of leverage, primarily created through the use of borrowing and to a lesser extent through exposure to derivatives and short selling. See Investment Objectives. The aggregate gross exposure of DXR shall not exceed the limits on the use of leverage described in the Investment Strategies section in this prospectus or as otherwise permitted under applicable securities legislation.

Grade (RS Rating)

Last Trade

$22.02

Average Daily Volume

2,105

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

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

$33.73

Average Daily Volume

13,598

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	DXR	CDZ
30 Days	0.97%	4.59%
60 Days	3.84%	7.28%
90 Days	3.63%	8.10%
12 Months	5.06%	15.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in DXR	Weight in CDZ	Overlap
	ENB	A	2.59%	2.49%	2.49%

DXR Overweight 1 Positions Relative to CDZ

	Symbol	Grade	Weight
	SIA	A	3.04%

DXR Underweight 9 Positions Relative to CDZ

	Symbol	Grade	Weight
	FSZ	C	-3.13%
	TRP	A	-2.43%
	CPX	A	-2.26%
	AP.UN	C	-2.19%
	CWB	A	-2.12%
	BNS	A	-2.1%
	ARE	A	-2.08%
	PPL	A	-2.07%
	CM	A	-2.0%

DXR: Top Represented Industries & Keywords

Industries: Long-Term Care Facilities Oil & Gas Midstream

Keywords: Assisted Living Caregiving Commodity Commodity Market Consulting Crude Oil Enbridge Energy Energy Assets Energy Industry Energy Services Energy Transportation Gas Utility Health Health Care Liquids Long Term Care Marketing Medical Terminology Natural Gas

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