INOC vs. ZXM ETF Comparison
Comparison of Horizons Inovestor CDN Equity Index ETF (INOC) to First Asset Morningstar International Momentum Index ETF (ZXM)
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
*
8
* may have additional holdings in another (foreign) market
ZXM
First Asset Morningstar International Momentum Index ETF
ZXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Developed Markets ex-North America Target Momentum Index™, net of expenses. The ETF invests in equity securities of the largest and most liquid issuers from countries classified by Morningstar as developed markets, excluding the U.S. and Canada, based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to issuers from developed markets, excluding the U.S. and Canada, which have demonstrated, among other things, positive momentum in earnings and price.Grade (RS Rating)
Last Trade
$41.22
Average Daily Volume
666
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
Performance
Period | INOC | ZXM |
---|---|---|
30 Days | -1.24% | -0.68% |
60 Days | 0.06% | -0.39% |
90 Days | 2.85% | 5.10% |
12 Months | 20.28% | 25.66% |
0 Overlapping Holdings
Symbol | Grade | Weight in INOC | Weight in ZXM | Overlap |
---|
INOC Underweight 1 Positions Relative to ZXM
Symbol | Grade | Weight | |
---|---|---|---|
CIA | D | -0.71% |
INOC: Top Represented Industries & Keywords
ZXM: Top Represented Industries & Keywords
Industries:
Industrial Metals & Minerals