ESGC vs. PFAE ETF Comparison

Comparison of Invesco SP TSX Composite ESG Index ETF (ESGC) to Picton Mahoney Fort Act Ext Alt Fund ETF (PFAE)

ESGC

Invesco SP TSX Composite ESG Index ETF

ESGC Description

ESGC seeks to replicate, to the extent reasonably possible andbefore fees and expenses, the performance of the S&P/TSXComposite ESG Index, or any successor thereto. The Invesco ETFinvests, directly or indirectly, primarily in equity securities ofcompanies listed on the TSX.

Grade (RS Rating)

Last Trade

$24.79

Average Daily Volume

2,628

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PFAE

Picton Mahoney Fort Act Ext Alt Fund ETF

PFAE Description

The investment objective of the Picton Mahoney Fortified Extension Alternative Fund (the “Fund”) is to provide long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with similar volatility to the traditional equity market by taking long and short investment positions in an actively-managed portfolio comprised primarily of Canadian equity securities.

Grade (RS Rating)

Last Trade

$18.10

Average Daily Volume

1,597

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	ESGC	PFAE
30 Days	-1.11%	0.56%
60 Days	-0.24%	3.90%
90 Days	-1.39%	1.80%
12 Months	7.21%	17.15%

2 Overlapping Holdings

	Symbol	Grade	Weight in ESGC	Weight in PFAE	Overlap
	BMO	D	4.38%	6.87%	4.38%
	CP	C	5.02%	4.75%	4.75%

ESGC Overweight 6 Positions Relative to PFAE

	Symbol	Grade	Weight
	ENB	C	5.36%
	CNR	D	4.98%
	BNS	C	3.89%
	MFC	A	3.21%
	CM	C	3.13%
	TRP	A	2.71%

ESGC Underweight 3 Positions Relative to PFAE

	Symbol	Grade	Weight
	EFN	A	-3.1%
	SLF	D	-3.05%
	CNQ	C	-2.89%

ESGC: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Railroads Insurance - Life

Keywords: S&P/Tsx 60 Index Financial Services Retail Bank Banking Financial Investment Banking Transport Transportation Banking Products Capital Market Capital Markets Commodity Energy Government ING Group Insurance Investment Banks Liquids Minnesota Railroads

PFAE: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Insurance - Diversified Oil & Gas E&P Railroads

Keywords: S&P/Tsx 60 Index Retail Financial Financial Services Insurance Marketing Transport Truck Vehicle Vehicles Asset Management Asset Management Solutions Bank Bank Of Montreal Banking Banking Products Capital Market Capital Markets Cars Coal