FXM vs. ZIN ETF Comparison

Comparison of First Asset Morningstar Canada Value Index ETF (FXM) to BMO S&P/TSX Equal Weight Industrials Index ETF (ZIN)

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

$22.60

Average Daily Volume

2,938

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

ZIN

BMO S&P/TSX Equal Weight Industrials Index ETF

ZIN Description

BMO Equal Weight Industrials Index ETF seeks to replicate, to the extent possible, the performance of an equal weight diversified Canadian industrial companies index, net of expenses. Currently, BMO Equal Weight Industrials Index ETF seeks to replicate the performance of the Solactive Equal Weight Canada Industrials Index.

Grade (RS Rating)

Last Trade

$38.68

Average Daily Volume

690

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	FXM	ZIN
30 Days	6.70%	1.02%
60 Days	6.66%	-0.97%
90 Days	10.55%	0.70%
12 Months	11.22%	8.41%

4 Overlapping Holdings

	Symbol	Grade	Weight in FXM	Weight in ZIN	Overlap
	AC	F	3.72%	2.86%	2.86%
	BBD.B	A	3.92%	2.86%	2.86%
	DOO	D	3.52%	2.77%	2.77%
	FTT	B	3.96%	2.86%	2.86%

FXM Overweight 5 Positions Relative to ZIN

	Symbol	Grade	Weight
	K	A	3.99%
	PXT	C	3.73%
	MEG	D	3.56%
	VET	C	3.43%
	AQN	B	3.35%

FXM Underweight 6 Positions Relative to ZIN

	Symbol	Grade	Weight
	NFI	A	-2.95%
	BDGI	D	-2.83%
	GLXY	D	-2.81%
	TFII	D	-2.77%
	ASTL	C	-2.75%
	BBU.UN	D	-2.72%

FXM: Top Represented Industries & Keywords

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

Keywords: Energy Natural Gas Oil Crude Oil Engines Extraction Oil And Gas Pipe Pipeline Regional Jet Transport Water Aeroplan Aerostructure Aftermarket Air Canada Airbus Airline Airliners Airlines

ZIN: Top Represented Industries & Keywords

Industries: Airlines Auto Manufacturers Banks - Regional - Latin America Capital Markets Conglomerates Engineering & Construction Industrial Distribution Recreational Vehicles Steel Trucking

Keywords: Transport Energy Manufacturing Mining Construction Engineering Engines Land Transport Logistics Regional Jet Transportation Truck Acquisitions Aeroplan Aerostructure Aftermarket Air Canada Airbus Airline Airliners