HBD vs. WXM ETF Comparison

Comparison of Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (HBD) to First Asset Morningstar Canada Momentum Index ETF (WXM)

HBD

Horizons BetaPro COMEX Gold Bullion Bear Plus ETF

HBD Description

Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (the ETF) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the COMEX Gold Bullion Index. ProFund Advisors LLC acts as the portfolio manager of the ETF. The Horizons BetaPro Funds are managed by BetaPro Management Inc.

Grade (RS Rating)

Last Trade

$6.17

Average Daily Volume

12,326

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

WXM

First Asset Morningstar Canada Momentum Index ETF

WXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “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 have demonstrated, among other things, positive momentum in earnings and price.

Grade (RS Rating)

Last Trade

$31.17

Average Daily Volume

2,226

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	HBD	WXM
30 Days	-11.73%	7.15%
60 Days	-13.95%	8.04%
90 Days	-20.80%	11.32%
12 Months	-43.03%	34.60%

2 Overlapping Holdings

	Symbol	Grade	Weight in HBD	Weight in WXM	Overlap
	IMG	B	7.64%	3.36%	3.36%
	IMG	B	7.64%	3.36%	3.36%

HBD Overweight 2 Positions Relative to WXM

	Symbol	Grade	Weight
	K	A	6.21%
	K	A	6.21%

HBD Underweight 9 Positions Relative to WXM

	Symbol	Grade	Weight
	GLXY	B	-3.89%
	TA	B	-3.65%
	CLS	C	-3.58%
	ATZ	D	-3.48%
	BIPC	B	-3.41%
	IMO	B	-3.4%
	MFC	B	-3.39%
	CIGI	A	-3.38%
	AGI	A	-3.34%

HBD: Top Represented Industries & Keywords

Industries: Gold

Keywords: Gold Mines Mining Bank Extraction Fairbanks Gold Mines Gold Mining Gold Mining Properties Iamgold Kayes Region Kinross Gold Mauritania Minas Gerais Mineral Mineral Resource Properties Nye Nye County Sadiola Suri

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Stores Asset Management Capital Markets Contract Manufacturers Insurance - Life Oil & Gas Integrated Real Estate Services Utilities - Independent Power Producers

Keywords: Asset Management Mining Capital Market Capital Markets Energy Financial Gold Health Manufacturing Marketing Mineral Mines Solar Acquisitions Advisory Services Aerospace Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage