FLI vs. FIE ETF Comparison
Comparison of First Asset U.S. & Canada LifeCo Income ETF (FLI) to iShares Canadian Financial Monthly Income ETF (FIE)
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
$11.82
Average Daily Volume
3,050
3
FIE
iShares Canadian Financial Monthly Income ETF
FIE Description
The investment seeks to comprise a portfolio of common shares, preferred shares, corporate bonds and income trust units from the Canadian financial sector. Up to 25% of the assets of the portfolio may be invested in securities of other Canadian issuers.Grade (RS Rating)
Last Trade
$8.21
Average Daily Volume
124,729
7
Performance
| Period | FLI | FIE |
|---|---|---|
| 30 Days | 4.23% | 3.34% |
| 60 Days | 7.26% | 5.79% |
| 90 Days | 11.51% | 10.88% |
| 12 Months | 29.22% | 31.11% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FLI | Weight in FIE | Overlap | |
|---|---|---|---|---|---|
| MFC | A | 10.16% | 7.38% | 7.38% |
FLI: Top Represented Industries & Keywords
FIE: Top Represented Industries & Keywords
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