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

Number of Holdings *

7

* may have additional holdings in another (foreign) market
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

$24.55

Average Daily Volume

2,108

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period MXF FXM
30 Days 0.00% 0.29%
60 Days 0.00% 4.96%
90 Days 0.00% 9.55%
12 Months -19.46% 23.63%
1 Overlapping Holdings
Symbol Grade Weight in MXF Weight in FXM Overlap
CG C 4.55% 3.38% 3.38%
MXF Overweight 6 Positions Relative to FXM
Symbol Grade Weight
PAAS B 4.65%
SSRM C 4.48%
AGI B 4.28%
WPM B 4.23%
K B 4.19%
FNV B 4.07%
MXF Underweight 9 Positions Relative to FXM
Symbol Grade Weight
HBM B -4.13%
GLXY B -3.82%
FTT C -3.69%
TA A -3.59%
CLS A -3.52%
NPI F -3.4%
MEG F -3.39%
EMP.A B -3.36%
MFC B -3.34%
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