GCFE vs. INOC ETF Comparison

Comparison of Guardian Canadian Focused Equity ETF (GCFE) to Horizons Inovestor CDN Equity Index ETF (INOC)

GCFE

Guardian Canadian Focused Equity ETF

GCFE Description

Grade (RS Rating)

Last Trade

$28.10

Average Daily Volume

517

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

INOC

Horizons Inovestor CDN Equity Index ETF

INOC Description

The fundamental investment objective of the ETF is to seek to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index (the “Underlying Index”), net of expenses. The Underlying Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.

Grade (RS Rating)

Last Trade

$15.98

Average Daily Volume

3,392

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	GCFE	INOC
30 Days	2.93%	-1.72%
60 Days	6.64%	0.06%
90 Days	7.46%	0.50%
12 Months		18.10%

0 Overlapping Holdings

	Symbol	Grade	Weight in GCFE	Weight in INOC	Overlap

GCFE Overweight 9 Positions Relative to INOC

	Symbol	Grade	Weight
	BN	B	7.59%
	FFH	A	7.39%
	OTEX	F	7.1%
	MDA	B	6.51%
	EFN	D	6.42%
	TOY	C	5.83%
	AEM	D	5.82%
	L	B	5.81%
	MFI	C	5.52%

GCFE Underweight 8 Positions Relative to INOC

	Symbol	Grade	Weight
	NWC	B	-4.55%
	NA	A	-4.42%
	EMA	C	-4.38%
	ENGH	D	-4.27%
	EQB	A	-4.26%
	IFC	B	-4.24%
	LIF	D	-4.22%
	DOL	B	-4.22%

GCFE: Top Represented Industries & Keywords

Industries: Aerospace & Defense Asset Management Credit Services Gold Grocery Stores Insurance - Property & Casualty Leisure Packaged Foods Software - Application

Keywords: Marketing Bank Financial Health Insurance Manufacturing Mining Mobile Real Estate S&P/Tsx 60 Index Agnico Eagle Mines Limited Alternative Investment American Cuisine Analytics Banking Broadband Business Process Management Business Software Canadian Malartic Mine Card Services

INOC: Top Represented Industries & Keywords

Industries: Banks - Global Discount Stores Grocery Stores Insurance - Property & Casualty Software - Application Specialty Finance Steel Utilities - Diversified

Keywords: Financial Financial Services Bank Food Insurance Insurance Operations Integrated Oil Retail Retailers Retailing Service Provider Utilities Active Management Agriculture Algonquin Power & Utilities Analytics Asset And Liability Management Asset Management Bank Of Canada