NDIV vs. FXM ETF Comparison
Comparison of Nbi Canadian Dividend Income ETF (NDIV) to First Asset Morningstar Canada Value Index ETF (FXM)
NDIV
Nbi Canadian Dividend Income ETF
NDIV Description
The NBI Canadian Dividend Income ETFâs investment objective is to maximize the potential for long-term capital growth and to generate sustained dividend income. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies that pay dividends.
Grade (RS Rating)
Last Trade
$33.23
Average Daily Volume
2,006
Number of Holdings
*
8
* 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
2,004
Number of Holdings
*
9
* may have additional holdings in another (foreign) market
Performance
| Period | NDIV | FXM |
|---|---|---|
| 30 Days | 3.91% | 6.21% |
| 60 Days | 6.85% | 9.05% |
| 90 Days | 10.10% | 9.84% |
| 12 Months | 14.52% | 28.99% |
1 Overlapping Holdings
| Symbol | Grade | Weight in NDIV | Weight in FXM | Overlap | |
|---|---|---|---|---|---|
| QBR.B | A | 4.5% | 3.61% | 3.61% |
NDIV: Top Represented Industries & Keywords
FXM: Top Represented Industries & Keywords
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