MXF vs. XAD ETF Comparison
Comparison of CI First Asset Can-Materials Covered Call ETF Common (MXF) to Ishares US Aerospace & Defense Index ETF (XAD)
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
XAD
Ishares US Aerospace & Defense Index ETF
XAD Description
iShares U.S. Aerospace & Defense Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. It invests in public equity markets of the United States. The fund invests directly and through other funds in stocks of companies operating across industrials, capital goods, aerospace and defense sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Dow Jones U.S. Select Aerospace & Defense Index, by using full replication technique. iShares U.S. Aerospace & Defense Index ETF was formed on September 6, 2023 and is domiciled in Canada.Grade (RS Rating)
Last Trade
$58.30
Average Daily Volume
415
4
Performance
Period | MXF | XAD |
---|---|---|
30 Days | 0.00% | 1.75% |
60 Days | 0.00% | 4.01% |
90 Days | 0.00% | 8.79% |
12 Months | -19.46% |
1 Overlapping Holdings
Symbol | Grade | Weight in MXF | Weight in XAD | Overlap | |
---|---|---|---|---|---|
WPM | B | 4.23% | 4.57% | 4.23% |
MXF: Top Represented Industries & Keywords
XAD: Top Represented Industries & Keywords