MBAL vs. HGRW ETF Comparison

Comparison of Mackenzie Balanced Allocation ETF (MBAL) to Horizons Growth Asset Allocation ETF (HGRW)

MBAL

Mackenzie Balanced Allocation ETF

MBAL Description

Mackenzie Balanced Allocation ETF seeks to provide long-term capital growth with a moderate level of income, primarily by investing in ETFs that provide exposure to a portfolio of global equity and fixed income securities.

Grade (RS Rating)

Last Trade

$24.27

Average Daily Volume

2,705

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HGRW

Horizons Growth Asset Allocation ETF

HGRW Description

Grade (RS Rating)

Last Trade

$23.64

Average Daily Volume

1,045

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MBAL	HGRW
30 Days	1.51%	2.65%
60 Days	1.38%	0.68%
90 Days	4.04%	2.03%
12 Months	13.35%

0 Overlapping Holdings

	Symbol	Grade	Weight in MBAL	Weight in HGRW	Overlap

MBAL Overweight 6 Positions Relative to HGRW

Symbol	Grade	Weight
QUU	C	26.71%
QBB	A	23.75%
QCN	B	18.25%
QDX	B	10.77%
QEE	C	4.1%
QEBL	C	0.8%

MBAL Underweight 3 Positions Relative to HGRW

Symbol	Grade	Weight
HXT	A	-15.33%
HBB	A	-12.22%
HTB	A	-7.42%

MBAL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds Solactive Etf Stock Market Index Financial Markets Government Inverse Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Corporate Bond Currency Developed Market Emerging Market Financial Economics Government Bond Investment Funds Silver Exchange Traded Product Solactive Us Large Cap Spdr Universe

HGRW: Top Represented Industries & Keywords

Industries:

Keywords: Solactive Bond Market Index Financial Markets Inverse Exchange Traded Fund Investment Funds Rate Of Return S&P S&P/TSX 60 S&P/Tsx Composite Index Standard & Poor's Toronto Stock Exchange Universe