HEF vs. QXM ETF Comparison

Comparison of Horizons Enhanced Income Financials Common Class (HEF) to First Asset Morningstar National Bank Quebec Index ETF (QXM)

HEF

Horizons Enhanced Income Financials Common Class

HEF Description

NA

Grade (RS Rating)

Last Trade

$14.09

Average Daily Volume

8,783

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$32.00

Average Daily Volume

704

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	HEF	QXM
30 Days	0.00%	0.19%
60 Days	0.00%	4.65%
90 Days	0.00%	7.62%
12 Months	-3.78%	21.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in HEF	Weight in QXM	Overlap
	NA	A	7.74%	5.12%	5.12%

HEF Overweight 8 Positions Relative to QXM

	Symbol	Grade	Weight
	BMO	A	8.9%
	BNS	A	8.01%
	CM	A	7.8%
	TD	D	7.73%
	GWO	A	7.65%
	RY	A	7.3%
	CIX	B	7.3%
	MFC	B	7.14%

HEF Underweight 9 Positions Relative to QXM

	Symbol	Grade	Weight
	DOL	B	-6.25%
	MRU	A	-5.44%
	WSP	D	-5.22%
	POW	A	-5.14%
	IAG	A	-5.02%
	GIB.A	C	-4.81%
	BCE	F	-4.77%
	GIL	A	-4.74%
	ATD	C	-4.54%

HEF: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Asset Management

Keywords: Financial Services Financial Bank Banking Insurance Investment Banking Wealth Management ING Group Asset Management Capital Market Capital Markets S&P/Tsx 60 Index Banking Products Financial Products Investment Banks Personal And Commercial Banking Retail Td Securities Advisors Bank Of Canada

QXM: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Banks - Global Discount Stores Engineering & Construction Grocery Stores Information Technology Services Insurance - Diversified Insurance - Life Specialty Retail Telecom Services

Keywords: Health Retailers Energy Financial Financial Services Insurance Retailing S&P/Tsx 60 Index Service Companies Asset Management Cement Communications Consulting Credit Environmental Food Health Insurance Infrastructure Internet Protocol Oil