NFAM vs. WXM ETF Comparison
Comparison of Nbi Canadian Family Business ETF (NFAM) to First Asset Morningstar Canada Momentum Index ETF (WXM)
NFAM
Nbi Canadian Family Business ETF
NFAM Description
The Canadian Family Business ETF’s investment objective is to generate long-term capital growth by replicating, to the extent reasonably possible and before fees and expenses, the performance of a Canadian equity index that measures the investment return of family-owned Canadian companies that are publicly listed. Currently, the Canadian Family Business ETF tracks the performance of the NBC Canadian Family Index (or any successor thereto).
Grade (RS Rating)
Last Trade
$33.13
Average Daily Volume
647
9
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
$32.65
Average Daily Volume
1,720
10
Performance
Period | NFAM | WXM |
---|---|---|
30 Days | -0.24% | 4.98% |
60 Days | 6.25% | 10.64% |
90 Days | 5.80% | 13.53% |
12 Months | 32.86% | 34.55% |
1 Overlapping Holdings
Symbol | Grade | Weight in NFAM | Weight in WXM | Overlap | |
---|---|---|---|---|---|
GLXY | B | 2.61% | 3.9% | 2.61% |
NFAM: Top Represented Industries & Keywords
WXM: Top Represented Industries & Keywords