HEP vs. WXM ETF Comparison

Comparison of Horizons Enhanced Income Gold Producers Common Class (HEP) to First Asset Morningstar Canada Momentum Index ETF (WXM)

HEP

Horizons Enhanced Income Gold Producers Common Class

HEP Description

NA

Grade (RS Rating)

Last Trade

$22.30

Average Daily Volume

30,874

Number of Holdings ^*

6

* 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

$29.40

Average Daily Volume

2,716

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	HEP	WXM
30 Days	0.00%	0.83%
60 Days	0.00%	3.89%
90 Days	0.00%	10.39%
12 Months	-19.23%	23.30%

2 Overlapping Holdings

	Symbol	Grade	Weight in HEP	Weight in WXM	Overlap
	AEM	B	6.37%	3.74%	3.74%
	WPM	B	7.53%	3.48%	3.48%

HEP Overweight 4 Positions Relative to WXM

	Symbol	Grade	Weight
	OR	B	9.71%
	FNV	C	8.65%
	NGT	B	8.43%
	PAAS	D	7.41%

HEP Underweight 8 Positions Relative to WXM

	Symbol	Grade	Weight
	BEI.UN	B	-3.77%
	TA	B	-3.7%
	AGI	B	-3.64%
	K	B	-3.63%
	GIL	A	-3.6%
	X	B	-3.57%
	CSU	C	-3.51%
	WN	C	-3.49%

HEP: Top Represented Industries & Keywords

Industries: Gold Silver

Keywords: Gold Mining Metal S&P/Tsx 60 Index Silver Canadian Malartic Mine Copper Malartic Metals Mineral Mines Precious Metal Abitibi Abitibi Gold Belt Acquisitions Agnico Eagle Mines Limited Bank Cariboo Commodity Constancia Mine

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Manufacturing Financial Exchanges Grocery Stores REIT - Residential Silver Software - Application Utilities - Independent Power Producers

Keywords: Gold S&P/Tsx 60 Index Mines Mining Bank Credit Dow Economy Of Toronto Extraction Investment Trust Metal Metals Mineral Montreal Precious Metal Precious Metals Real Estate Real Estate Investment Real Estate Investment Trust Retail