MXF vs. WXM ETF Comparison
Comparison of CI First Asset Can-Materials Covered Call ETF Common (MXF) to First Asset Morningstar Canada Momentum Index ETF (WXM)
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
WXM
First Asset Morningstar Canada Momentum Index ETF
WXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “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 have demonstrated, among other things, positive momentum in earnings and price.Grade (RS Rating)
Last Trade
$32.52
Average Daily Volume
1,620
10
Performance
| Period | MXF | WXM |
|---|---|---|
| 30 Days | 0.00% | 3.67% |
| 60 Days | 0.00% | 9.08% |
| 90 Days | 0.00% | 11.93% |
| 12 Months | -19.46% | 32.98% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MXF | Weight in WXM | Overlap | |
|---|---|---|---|---|---|
| AGI | C | 4.28% | 3.34% | 3.34% |
MXF: Top Represented Industries & Keywords
WXM: Top Represented Industries & Keywords
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