NXF vs. ZEO ETF Comparison

Comparison of First Asset Energy Giants Covered Call ETF (NXF) to BMO S&P/TSX Equal Weight Oil & Gas Index ETF (ZEO)

NXF

First Asset Energy Giants Covered Call ETF

NXF Description

The investment objective of the Energy Giants 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 equity securities of the 15 largest non-Canadian Energy Companies measured by US$ market capitalization with common stock or ADRs listed on a Canadian or U.S. stock exchange, 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

$5.90

Average Daily Volume

87,333

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

ZEO

BMO S&P/TSX Equal Weight Oil & Gas Index ETF

ZEO Description

BMO Equal Weight Oil & Gas Index ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian large-cap oil and gas companies index, net of expenses. Currently, BMO Equal Weight Oil & Gas Index ETF seeks to replicate the performance of the Solactive Equal Weight Canada Oil & Gas Index.

Grade (RS Rating)

Last Trade

$78.82

Average Daily Volume

11,163

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	NXF	ZEO
30 Days	1.72%	4.63%
60 Days	0.34%	10.94%
90 Days	-3.44%	6.95%
12 Months	-2.82%	23.47%

2 Overlapping Holdings

	Symbol	Grade	Weight in NXF	Weight in ZEO	Overlap
	CNQ	C	6.73%	9.21%	6.73%
	SU	A	6.72%	8.97%	6.72%

NXF Overweight 0 Positions Relative to ZEO

	Symbol	Grade	Weight

NXF Underweight 8 Positions Relative to ZEO

	Symbol	Grade	Weight
	TOU	A	-9.46%
	IMO	A	-9.41%
	MEG	C	-9.31%
	KEY	A	-9.15%
	CVE	D	-9.14%
	TRP	A	-9.04%
	PPL	A	-8.85%
	ENB	A	-8.83%

NXF: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Crude Oil Energy Marketing Natural Gas Offshore Oil Oil Sands Petroleum Petroleum Geology Petroleum Industry Petroleum Industry In Canada S&P/Tsx 60 Index Athabasca Athabasca Oil Sands Canadian Petroleum Companies Chemical Chemical Products Electricity Energy Industry Gas Exploration

ZEO: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas E&P Oil & Gas Integrated

Keywords: Natural Gas Oil Crude Oil Energy Petroleum Liquids Oil Sands Pipe Pipeline Marketing Petroleum Industry S&P/Tsx 60 Index Transport Natural Gas Liquids Integrated Petroleum Geology Petroleum Industry In Canada Transportation Dow Midstream