INOC vs. XIT ETF Comparison

Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to iShares S&P/TSX Capped Information Technology Index ETF (XIT)

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

$15.88

Average Daily Volume

3,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XIT

iShares S&P/TSX Capped Information Technology Index ETF

XIT Description

iShares S&P/TSX Capped Information Technology Index Fund, is a Canada-based fund that seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Information Technology Index (the Index) through investments in the constituent issuers of such Index. The index is comprised of constituents of the S&P/TSX Composite Index in GICS Sector 45- Information Technology. Constituents are capped at 25% weight. The Index is provided by Standard & Poors (S&P). CGI Group Inc. Class A, Open Text Corporation, Constellation Software Inc., Blackberry Ltd, Dh Corp are few of the fund’s top holdings. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$58.71

Average Daily Volume

9,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INOC	XIT
30 Days	-1.24%	2.12%
60 Days	0.06%	5.18%
90 Days	2.85%	16.70%
12 Months	20.28%	31.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in INOC	Weight in XIT	Overlap
	ENGH	F	4.27%	0.88%	0.88%

INOC Overweight 7 Positions Relative to XIT

Symbol	Grade	Weight
NWC	A	4.55%
NA	A	4.42%
EMA	C	4.38%
EQB	B	4.26%
IFC	A	4.24%
LIF	C	4.22%
DOL	A	4.22%

INOC Underweight 9 Positions Relative to XIT

Symbol	Grade	Weight
SHOP	B	-26.45%
CSU	D	-24.35%
GIB.A	B	-19.26%
OTEX	D	-7.33%
DSG	A	-7.22%
CLS	A	-4.97%
KXS	A	-2.75%
LSPD	C	-1.85%
BB	D	-1.28%

INOC: Top Represented Industries & Keywords

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