INOC vs. HMAX ETF Comparison

Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to Hamilton CDN Financial Yld Maximizer ETF (HMAX)

INOC

Horizons Inovestor CDN Equity Index ETF

INOC Description

The fundamental investment objective of the ETF is to seek to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index (the “Underlying Index”), net of expenses. The Underlying Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.

Grade (RS Rating)

Last Trade

$15.16

Average Daily Volume

2,966

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HMAX

Hamilton CDN Financial Yld Maximizer ETF

HMAX Description

Grade (RS Rating)

Last Trade

$13.40

Average Daily Volume

221,989

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INOC	HMAX
30 Days	0.40%	-2.80%
60 Days	1.13%	-1.10%
90 Days	0.53%	-2.94%
12 Months	20.36%	4.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in INOC	Weight in HMAX	Overlap
	IFC	B	4.06%	4.75%	4.06%

INOC Overweight 8 Positions Relative to HMAX

Symbol	Grade	Weight
DOL	A	4.52%
IAG	C	4.31%
GSY	A	4.23%
NA	C	4.18%
ATD	B	4.12%
H	A	4.11%
TOU	D	4.1%
EQB	A	4.07%

INOC Underweight 7 Positions Relative to HMAX

Symbol	Grade	Weight
BN	C	-11.4%
BMO	D	-10.07%
BNS	C	-9.21%
MFC	A	-7.4%
CM	B	-7.36%
SLF	D	-4.69%
GWO	D	-4.59%

INOC: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Discount Stores Insurance - Diversified Insurance - Property & Casualty Oil & Gas E&P Specialty Finance Specialty Retail Utilities - Regulated Electric

HMAX: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Asset Management Insurance - Diversified Insurance - Property & Casualty