FLI vs. CEW ETF Comparison
Comparison of First Asset U.S. & Canada LifeCo Income ETF (FLI) to iShares Equal Weight Banc & Lifeco ETF (CEW)
FLI
First Asset U.S. & Canada LifeCo Income ETF
FLI Description
First Asset U.S. & Canada Lifeco Income ETF (the Fund), formerly First Asset U.S. & Canada LifeCo Income Fund, is a Canada-based exchange traded fund. The Fund's investment objectives are to provide unitholders with quarterly cash distributions; the opportunity for capital appreciation, and lower overall volatility of portfolio returns than would be experienced by owning a portfolio of publicly traded common equity securities of the United States and Canadian life insurance companies by market capitalization directly. The Fund provides investors with a way to diversify their holdings within the financial sector, while also providing an opportunity to participate in the stock gains that life insurance companies are about to experience in a rising interest rate environment. The Fund's investment manager is First Asset Investment Management Inc.
Grade (RS Rating)
Last Trade
$11.70
Average Daily Volume
3,027
3
CEW
iShares Equal Weight Banc & Lifeco ETF
CEW Description
The investment seeks to provide investors with a diversified equal weighted investment in a portfolio consisting of common shares of the largest Canadian banks and life insurance companies.Grade (RS Rating)
Last Trade
$20.78
Average Daily Volume
9,017
8
Performance
Period | FLI | CEW |
---|---|---|
30 Days | 2.63% | 4.42% |
60 Days | 7.93% | 8.55% |
90 Days | 13.04% | 17.09% |
12 Months | 30.21% | 35.91% |
FLI Overweight 0 Positions Relative to CEW
Symbol | Grade | Weight |
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FLI: Top Represented Industries & Keywords
CEW: Top Represented Industries & Keywords