FXM vs. TLV ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to PowerShares S&P/TSX Composite Low Volatility Index ETF (TLV)
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

$21.47

Average Daily Volume

3,006

Number of Holdings *

10

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

PowerShares S&P/TSX Composite Low Volatility Index ETF

TLV Description TLV seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P/TSX Composite Low Volatility Index, or any successor thereto. This Invesco ETF invests, directly or indirectly, primarily in Canadian equity securities.

Grade (RS Rating)

Last Trade

$29.71

Average Daily Volume

4,488

Number of Holdings *

8

* may have additional holdings in another (foreign) market
Performance
Period FXM TLV
30 Days 4.47% 0.85%
60 Days 4.72% 3.01%
90 Days 5.13% 5.52%
12 Months 8.83% 5.93%
1 Overlapping Holdings
Symbol Grade Weight in FXM Weight in TLV Overlap
MFC A 3.86% 2.31% 2.31%
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