FXM vs. XEG ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to iShares S&P/TSX Capped Energy Index ETF (XEG)

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

$25.52

Average Daily Volume

2,138

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

XEG

iShares S&P/TSX Capped Energy Index ETF

XEG Description

iShares S&P/TSX Capped Energy Index Fund, formerly iShares CDN S&P/TSX Capped Energy Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Energy Index (the Index) through investments in the constituent issuers of such index. The Index consists of securities of Canadian energy sector issuers listed on the TSX, selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Index includes stocks belonging to the S&P/TSX Energy industry sector classification, with the weight of any one company capped at 25% of the market capitalization of the Index. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$18.51

Average Daily Volume

1,247,656

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	FXM	XEG
30 Days	1.19%	3.58%
60 Days	6.58%	7.99%
90 Days	10.39%	0.27%
12 Months	25.52%	14.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in FXM	Weight in XEG	Overlap
	MEG	C	3.39%	2.56%	2.56%

FXM Overweight 9 Positions Relative to XEG

	Symbol	Grade	Weight
	HBM	B	4.13%
	GLXY	B	3.82%
	FTT	D	3.69%
	TA	A	3.59%
	CLS	A	3.52%
	NPI	F	3.4%
	CG	D	3.38%
	EMP.A	A	3.36%
	MFC	A	3.34%

FXM Underweight 9 Positions Relative to XEG

	Symbol	Grade	Weight
	CNQ	C	-24.71%
	SU	A	-23.6%
	CVE	D	-10.94%
	TOU	A	-7.74%
	IMO	A	-5.85%
	ARX	A	-5.08%
	PSK	A	-2.44%
	WCP	C	-2.25%
	VRN	D	-1.91%

FXM: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Capital Markets Contract Manufacturers Copper Gold Grocery Stores Industrial Distribution Insurance - Life Oil & Gas E&P

Keywords: Energy Mining Solar Asset Management Gold Health Marketing Mines Private Equity Acquisitions Aerospace Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage Athabasca Athabasca Oil Sands Bank Biomass Blockchain

XEG: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Oil Crude Oil Natural Gas Petroleum Oil Sands Energy Liquids Marketing Petroleum Geology Petroleum Industry Petroleum Industry In Canada S&P/Tsx 60 Index Integrated Natural Gas Liquids Pipe Pipeline Transport Western Canadian Sedimentary Basin Athabasca Athabasca Oil Sands