QXM vs. FIE ETF Comparison

Comparison of First Asset Morningstar National Bank Quebec Index ETF (QXM) to iShares Canadian Financial Monthly Income ETF (FIE)

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

$32.06

Average Daily Volume

720

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

FIE

iShares Canadian Financial Monthly Income ETF

FIE Description

The investment seeks to comprise a portfolio of common shares, preferred shares, corporate bonds and income trust units from the Canadian financial sector. Up to 25% of the assets of the portfolio may be invested in securities of other Canadian issuers.

Grade (RS Rating)

Last Trade

$8.21

Average Daily Volume

129,388

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	QXM	FIE
30 Days	2.46%	3.21%
60 Days	6.48%	5.52%
90 Days	9.49%	10.88%
12 Months	24.06%	31.51%

3 Overlapping Holdings

	Symbol	Grade	Weight in QXM	Weight in FIE	Overlap
	IAG	A	5.02%	4.4%	4.4%
	NA	A	5.12%	5.88%	5.12%
	POW	A	5.14%	3.53%	3.53%

QXM Overweight 7 Positions Relative to FIE

	Symbol	Grade	Weight
	DOL	B	6.25%
	MRU	A	5.44%
	WSP	C	5.22%
	GIB.A	B	4.81%
	BCE	F	4.77%
	GIL	A	4.74%
	ATD	B	4.54%

QXM Underweight 4 Positions Relative to FIE

	Symbol	Grade	Weight
	XCB	B	-9.22%
	CM	A	-7.92%
	MFC	A	-7.38%
	FFH	A	-5.35%

QXM: Top Represented Industries & Keywords

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

Keywords: Health Retailers Energy Financial Financial Services Insurance Retailing S&P/Tsx 60 Index Service Companies Asset Management Cement Communications Consulting Credit Environmental Food Health Insurance Infrastructure Internet Protocol Oil

FIE: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Insurance - Diversified Insurance - Property & Casualty

Keywords: Financial Financial Services Insurance Health Asset Management Insurance Operations Reinsurance S&P/Tsx 60 Index Wealth Management Bank Banking Cement Credit Financial Products Health Insurance Integrated Investment Banking Investment Solutions Life Insurance Tire