INOC vs. UMAX ETF Comparison

Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to Hamilton Utilities Yield Maximizer ETF (UMAX)

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

$15.05

Average Daily Volume

2,242

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

UMAX

Hamilton Utilities Yield Maximizer ETF

UMAX Description

UMAX is designed for attractive monthly income, while providing exposure to a portfolio of utility services equity securities, primarily domiciled/listed in Canada and the U.S. To reduce volatility and augment dividend income, UMAX will employ an active covered call strategy.

Grade (RS Rating)

Last Trade

$14.53

Average Daily Volume

71,914

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	INOC	UMAX
30 Days	0.40%	1.31%
60 Days	-0.99%	-2.00%
90 Days	1.01%	-3.93%
12 Months	16.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in INOC	Weight in UMAX	Overlap
	H	C	4.1%	7.52%	4.1%

INOC Overweight 9 Positions Relative to UMAX

	Symbol	Grade	Weight
	QSR	F	4.27%
	GSY	C	4.14%
	TOU	B	4.14%
	IFC	C	4.09%
	DOL	A	4.08%
	IAG	A	4.07%
	NA	C	4.07%
	NWC	D	4.07%
	SJ	A	4.04%

INOC Underweight 8 Positions Relative to UMAX

	Symbol	Grade	Weight
	ENB	C	-8.11%
	PPL	A	-8.09%
	FTS	A	-8.06%
	T	C	-7.91%
	EMA	B	-7.91%
	BCE	C	-7.81%
	CNR	C	-7.59%
	BIP.UN	C	-7.4%

INOC: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Discount Stores Grocery Stores Insurance - Diversified Insurance - Property & Casualty Lumber & Wood Production Oil & Gas E&P Restaurants Utilities - Regulated Electric

Keywords: Financial Financial Services Distribution Network Food Insurance Retailers Drink Drinks Electronics Health Household Products Insurance Industry Insurance Operations Insurance Products Loans Materials Oil Paper Retail Retailing

UMAX: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric Railroads

Keywords: Energy Communications Electricity Natural Gas S&P/Tsx 60 Index Transport Transportation Telecommunications Utilities Broadband Commodity Communications Service Communications Services Crude Oil Electric Power Transmission Electricity Transmission Energy Segment Energy Services Energy Transportation Gas Utilities