INOC vs. WXM ETF Comparison

Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to First Asset Morningstar Canada Momentum Index ETF (WXM)
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

$14.80

Average Daily Volume

1,663

Number of Holdings *

9

* 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

$26.00

Average Daily Volume

4,954

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period INOC WXM
30 Days -1.06% -1.55%
60 Days -0.27% -0.39%
90 Days 3.17% 2.19%
12 Months 18.12% 4.50%
2 Overlapping Holdings
Symbol Grade Weight in INOC Weight in WXM Overlap
GIL D 4.43% 3.6% 3.6%
NA A 4.33% 3.51% 3.51%
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