HBD vs. XMA ETF Comparison

Comparison of Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (HBD) to iShares S&P/TSX Capped Materials Index ETF (XMA)

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

$6.96

Average Daily Volume

10,657

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	HBD	XMA
30 Days	9.09%	-7.13%
60 Days	2.43%	-4.09%
90 Days	-2.93%	-1.45%
12 Months	-35.85%	24.94%

2 Overlapping Holdings

	Symbol	Grade	Weight in HBD	Weight in XMA	Overlap
	K	C	6.21%	3.63%	3.63%
	K	C	6.21%	3.63%	3.63%

HBD Overweight 2 Positions Relative to XMA

	Symbol	Grade	Weight
	IMG	D	7.64%
	IMG	D	7.64%

HBD Underweight 7 Positions Relative to XMA

	Symbol	Grade	Weight
	AEM	D	-12.72%
	ABX	D	-10.99%
	WPM	C	-8.73%
	FNV	D	-7.53%
	NTR	D	-7.49%
	IVN	D	-3.35%
	FM	C	-2.9%

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

XMA: Top Represented Industries & Keywords

Industries: Gold Agricultural Inputs Copper Industrial Metals & Minerals Silver

Keywords: Gold Mines Mining Metal Mineral S&P/Tsx 60 Index Copper Metals Bank Chemistry Cobalt Copper Mining In The Democratic Republic Of The Congo Gold Mining Mauritania Mineral Properties Minerals Nickel Physical Sciences Wheaton Precious Metals Corporation Acquisitions