NDIV vs. QXM ETF Comparison

Comparison of Nbi Canadian Dividend Income ETF (NDIV) to First Asset Morningstar National Bank Quebec Index ETF (QXM)

NDIV

Nbi Canadian Dividend Income ETF

NDIV Description

The NBI Canadian Dividend Income ETF’s 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

$30.93

Average Daily Volume

2,122

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$28.24

Average Daily Volume

1,325

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	NDIV	QXM
30 Days	1.58%	2.84%
60 Days	2.42%	2.15%
90 Days	4.85%	3.72%
12 Months	5.92%	7.76%

3 Overlapping Holdings

	Symbol	Grade	Weight in NDIV	Weight in QXM	Overlap
	CNR	D	5.09%	4.8%	4.8%
	NA	A	3.99%	4.97%	3.99%
	WSP	D	4.01%	5.09%	4.01%

NDIV Overweight 4 Positions Relative to QXM

	Symbol	Grade	Weight
	ENB	C	6.84%
	CNQ	B	6.56%
	BAM	C	4.6%
	QBR.B	C	4.0%

NDIV Underweight 7 Positions Relative to QXM

	Symbol	Grade	Weight
	DOL	A	-5.81%
	ATD	F	-5.2%
	BCE	C	-5.14%
	MRU	A	-5.03%
	POW	C	-4.96%
	GIB.A	D	-4.84%
	ATRL	D	-4.7%

NDIV: Top Represented Industries & Keywords

Industries: Asset Management Banks - Global Engineering & Construction Oil & Gas E&P Oil & Gas Midstream Railroads Telecom Services

Keywords: Energy Oil S&P/Tsx 60 Index Transport Transportation Commodity Crude Oil Energy Industry Liquids Marketing Mining Mobile Natural Gas Natural Gas Liquids Oil Sands Pipe Pipeline Water Alabama Asset And Liability Management

QXM: Top Represented Industries & Keywords

Industries: Engineering & Construction Banks - Global Discount Stores Grocery Stores Information Technology Services Insurance - Life Railroads Specialty Retail Telecom Services

Keywords: Retailers Energy Health Retailing S&P/Tsx 60 Index Service Companies Transportation Communications Consulting Environmental Financial Financial Services Food Infrastructure Insurance Internet Protocol Mining Oil Transport Alabama