INOC vs. TCLV ETF Comparison

Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to TD Q Canadian Low Volatility ETF (TCLV)

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

$16.30

Average Daily Volume

3,467

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

TCLV

TD Q Canadian Low Volatility ETF

TCLV Description

TD Q Canadian Low Volatility ETF seeks to achieve long-term capital growth by investing directly in, or obtaining exposure to, equity securities of issuers in Canada, while seeking to reduce volatility.

Grade (RS Rating)

Last Trade

$22.19

Average Daily Volume

3,020

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	INOC	TCLV
30 Days	1.56%	0.59%
60 Days	1.56%	1.00%
90 Days	2.39%	3.98%
12 Months	19.59%	19.16%

2 Overlapping Holdings

	Symbol	Grade	Weight in INOC	Weight in TCLV	Overlap
	DOL	B	4.22%	5.34%	4.22%
	IFC	A	4.24%	5.42%	4.24%

INOC Overweight 6 Positions Relative to TCLV

	Symbol	Grade	Weight
	NWC	B	4.55%
	NA	A	4.42%
	EMA	C	4.38%
	ENGH	D	4.27%
	EQB	A	4.26%
	LIF	C	4.22%

INOC Underweight 6 Positions Relative to TCLV

	Symbol	Grade	Weight
	H	C	-5.17%
	FTS	A	-5.11%
	MRU	A	-5.1%
	L	B	-5.08%
	GIB.A	C	-3.75%
	T	D	-3.63%

INOC: Top Represented Industries & Keywords

Industries: Banks - Global Discount Stores Grocery Stores Insurance - Property & Casualty Software - Application Specialty Finance Steel Utilities - Diversified

Keywords: Financial Financial Services Bank Food Insurance Insurance Operations Integrated Oil Retail Retailers Retailing Service Provider Utilities Active Management Agriculture Algonquin Power & Utilities Analytics Asset And Liability Management Asset Management Bank Of Canada

TCLV: Top Represented Industries & Keywords

Industries: Grocery Stores Utilities - Regulated Electric Discount Stores Information Technology Services Insurance - Property & Casualty Telecom Services

Keywords: Health Information Information Technology Retailers Retailing S&P/Tsx 60 Index Communications Credit Drug Electricity Energy Financial Food Infrastructure Insurance Internet Protocol Label Mobile Outsourcing Pharma