HAL vs. NDIV ETF Comparison

Comparison of Horizons Active Cdn Dividend ETF (HAL) to Nbi Canadian Dividend Income ETF (NDIV)

HAL

Horizons Active Cdn Dividend ETF

HAL Description

The investment seeks long-term total returns consisting of regular dividend income and modest long-term capital growth. The fund invests primarily in equity securities of major North American companies with above average dividend yields. It will seek to hedge its U.S. currency exposure at all times.

Grade (RS Rating)

Last Trade

$22.93

Average Daily Volume

2,301

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

NDIV

Nbi Canadian Dividend Income ETF

NDIV Description

The NBI Canadian Dividend Income ETF’s investment objective is to maximize the potential for long-term capital growth and to generate sustained dividend income. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies that pay dividends.

Grade (RS Rating)

Last Trade

$34.02

Average Daily Volume

1,922

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	HAL	NDIV
30 Days	4.80%	1.01%
60 Days	7.20%	6.38%
90 Days	9.77%	6.38%
12 Months	25.91%	20.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in HAL	Weight in NDIV	Overlap
	CNQ	C	3.77%	5.65%	3.77%
	WSP	C	3.97%	3.96%	3.96%

HAL Overweight 6 Positions Relative to NDIV

	Symbol	Grade	Weight
	ALS	C	4.25%
	IFC	A	3.87%
	ARE	A	3.52%
	EIF	B	3.34%
	PPL	A	3.24%
	POW	A	3.15%

HAL Underweight 5 Positions Relative to NDIV

	Symbol	Grade	Weight
	ENB	A	-7.29%
	BAM	B	-6.53%
	CNR	D	-4.96%
	QBR.B	D	-4.75%
	NA	A	-4.55%

HAL: Top Represented Industries & Keywords

Industries: Engineering & Construction Airlines Industrial Metals & Minerals Insurance - Life Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Midstream

Keywords: Energy Mining Natural Gas Oil S&P/Tsx 60 Index Transport Transportation Aviation Crude Oil Delivery Electricity Environmental Financial Health Infrastructure Insurance Liquids Manufacturing Midstream Mineral

NDIV: Top Represented Industries & Keywords

Industries: Asset Management Banks - Global Engineering & Construction Oil & Gas E&P Oil & Gas Midstream Railroads Telecom Services

Keywords: Energy Oil S&P/Tsx 60 Index Transport Transportation Commodity Crude Oil Energy Industry Liquids Marketing Mining Mobile Natural Gas Natural Gas Liquids Oil Sands Pipe Pipeline Water Alabama Asset And Liability Management