QXM vs. HEF ETF Comparison

Comparison of First Asset Morningstar National Bank Quebec Index ETF (QXM) to Horizons Enhanced Income Financials Common Class (HEF)

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

$32.18

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HEF

Horizons Enhanced Income Financials Common Class

HEF Description

Grade (RS Rating)

Last Trade

$14.09

Average Daily Volume

8,783

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QXM	HEF
30 Days	2.84%	0.00%
60 Days	6.77%	0.00%
90 Days	9.90%	0.00%
12 Months	25.00%	-3.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in QXM	Weight in HEF	Overlap
	NA	A	5.09%	7.74%	5.09%

QXM Overweight 9 Positions Relative to HEF

Symbol	Grade	Weight
ATRL	A	5.21%
DOL	B	5.17%
WSP	C	5.15%
POW	A	5.05%
TFII	B	5.02%
ATD	B	4.89%
GIB.A	C	4.89%
MRU	A	4.83%
GIL	A	4.8%

QXM Underweight 8 Positions Relative to HEF

Symbol	Grade	Weight
BMO	A	-8.9%
BNS	A	-8.01%
CM	A	-7.8%
TD	D	-7.73%
GWO	A	-7.65%
CIX	B	-7.3%
RY	A	-7.3%
MFC	A	-7.14%

QXM: Top Represented Industries & Keywords

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

HEF: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Life Asset Management