FXM vs. NSCB ETF Comparison
Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to Nbi Sustainable Canadian Bond ETF (NSCB)
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
$25.94
Average Daily Volume
2,116
10
NSCB
Nbi Sustainable Canadian Bond ETF
NSCB Description
The NBI Sustainable Canadian Bond ETF?s investment objective is to provide a high level of current income and sustained capitalgrowth while focusing on debt instruments designed to raise funds for projects or businesses that have a positive environmentalor social impact. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarilyof bonds issued by Canadian federal or provincial governments or by Canadian corporations.Grade (RS Rating)
Last Trade
$22.31
Average Daily Volume
1,674
2
Performance
Period | FXM | NSCB |
---|---|---|
30 Days | 4.64% | -1.15% |
60 Days | 8.22% | -2.53% |
90 Days | 11.47% | -1.54% |
12 Months | 28.67% | 4.53% |
1 Overlapping Holdings
Symbol | Grade | Weight in FXM | Weight in NSCB | Overlap | |
---|---|---|---|---|---|
MFC | A | 3.39% | 3.51% | 3.39% |
FXM Underweight 1 Positions Relative to NSCB
Symbol | Grade | Weight | |
---|---|---|---|
SLF | A | -3.61% |
FXM: Top Represented Industries & Keywords
NSCB: Top Represented Industries & Keywords