FXM vs. XBM ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to iShares S&P/TSX Global Base Metals Index ETF (XBM)

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

XBM

iShares S&P/TSX Global Base Metals Index ETF

XBM Description

The investment seeks to replicate, net of expenses, the performance of the S&P/TSX Global Base Metals index. The index is designed to provide an investable index of securities issued by Canadian and non-Canadian constituent issuers involved in the production or extraction of base metals.

Grade (RS Rating)

Last Trade

$22.20

Average Daily Volume

26,000

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	FXM	XBM
30 Days	0.05%	4.52%
60 Days	3.69%	22.25%
90 Days	6.17%	23.40%
12 Months	5.98%	14.14%

0 Overlapping Holdings

	Symbol	Grade	Weight in FXM	Weight in XBM	Overlap

FXM Overweight 9 Positions Relative to XBM

	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 4 Positions Relative to XBM

	Symbol	Grade	Weight
	FM	C	-7.24%
	IVN	B	-6.77%
	LUN	B	-6.4%
	CS	A	-2.91%

FXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Airlines Banks - Regional - Latin America Gold Industrial Distribution Insurance - Life Recreational Vehicles Utilities - Independent Power Producers

Keywords: Energy Engines Extraction Natural Gas Oil Pipe Pipeline Regional Jet S&P/Tsx 60 Index Transport Water Aeroplan Aerostructure Aftermarket Air Canada Airbus Airline Airliners Airlines Algonquin Power & Utilities

XBM: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals

Keywords: Copper Metal Mining Cobalt Gold Metals Mineral Mineral Properties Mines Nickel Base Metal Chemistry Copper Mining In The Democratic Republic Of The Congo Katanga Province Zinc Base Metal Deposits Bushveld Bushveld Complex Bushveld Igneous Complex Candelaria