MXF vs. FXM ETF Comparison
Comparison of CI First Asset Can-Materials Covered Call ETF Common (MXF) to First Asset Morningstar Canada Value Index ETF (FXM)
MXF
CI First Asset Can-Materials Covered Call ETF Common
MXF Description
The investment objective of the Can-Materials ETF is to provide unitholders, through an actively managed portfolio, as described below, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the S&P/TSX Capped Materials Index and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.
Grade (RS Rating)
Last Trade
$9.33
Average Daily Volume
13,223
7
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value 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 are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.Grade (RS Rating)
Last Trade
$25.62
Average Daily Volume
2,138
10
Performance
| Period | MXF | FXM |
|---|---|---|
| 30 Days | 0.00% | 1.19% |
| 60 Days | 0.00% | 6.58% |
| 90 Days | 0.00% | 10.39% |
| 12 Months | -19.46% | 25.52% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MXF | Weight in FXM | Overlap | |
|---|---|---|---|---|---|
| CG | D | 4.55% | 3.38% | 3.38% |
MXF: Top Represented Industries & Keywords
FXM: Top Represented Industries & Keywords
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