FXM vs. MKC ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to Mackenzie Maximum Diversification Canada Index ETF (MKC)
FXM

First Asset Morningstar Canada Value Index ETF

FXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.

Grade (RS Rating)

Last Trade

$21.64

Average Daily Volume

3,205

Number of Holdings *

9

* may have additional holdings in another (foreign) market
MKC

Mackenzie Maximum Diversification Canada Index ETF

MKC Description Seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification Canada Index, or any successor thereto. It invests primarily in Canadian equity securities.

Grade (RS Rating)

Last Trade

$33.62

Average Daily Volume

3,265

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period FXM MKC
30 Days 0.05% -0.09%
60 Days 3.69% 1.64%
90 Days 6.17% 3.51%
12 Months 5.98% 12.33%
0 Overlapping Holdings
Symbol Grade Weight in FXM Weight in MKC Overlap
FXM Overweight 9 Positions Relative to MKC
Symbol Grade Weight
K B 3.71%
FTT B 3.62%
VET C 3.61%
BBD.B A 3.61%
AC D 3.56%
MEG B 3.51%
DOO C 3.42%
MFC B 3.41%
AQN B 3.38%
FXM Underweight 9 Positions Relative to MKC
Symbol Grade Weight
BNS C -3.11%
L A -3.03%
AEM A -3.01%
CM C -2.96%
RBA D -2.91%
CLS B -2.9%
MRU B -2.9%
DOL A -2.9%
TRI A -2.86%
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