FXM vs. XMA ETF Comparison
Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to iShares S&P/TSX Capped Materials Index ETF (XMA)
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
$25.26
Average Daily Volume
2,122
10
XMA
iShares S&P/TSX Capped Materials Index ETF
XMA Description
iShares S&P/TSX Capped Materials Index Fund, formerly iShares CDN S&P/TSX Capped Materials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Materials Index (the Index) through investments in the constituent issuers of such Index. The Index is a constrained market capitalization-weighted index that consists of the securities of Canadian materials sector issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. In the Index, the weight of any one company, in terms of market capitalization, is limited to 25%. The Fund is managed by BlackRock Asset Management Canada Limited.Grade (RS Rating)
Last Trade
$21.09
Average Daily Volume
47,970
8
Performance
| Period | FXM | XMA |
|---|---|---|
| 30 Days | 1.08% | -7.13% |
| 60 Days | 5.34% | -4.09% |
| 90 Days | 9.21% | -1.45% |
| 12 Months | 24.63% | 24.94% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FXM | Weight in XMA | Overlap |
|---|
FXM: Top Represented Industries & Keywords
XMA: Top Represented Industries & Keywords
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