QXM vs. ZFC ETF Comparison

Comparison of First Asset Morningstar National Bank Quebec Index ETF (QXM) to BMO SIA Focused Canadian Equity Fund (ZFC)

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 ^*

10

* may have additional holdings in another (foreign) market

ZFC

BMO SIA Focused Canadian Equity Fund

ZFC Description

This fund’s objective is to provide long-term capital growth by investing primarily in a portfolio of Canadian equities.

Grade (RS Rating)

Last Trade

$46.23

Average Daily Volume

738

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	QXM	ZFC
30 Days	2.84%	3.31%
60 Days	6.77%	7.91%
90 Days	9.90%	10.07%
12 Months	25.00%	14.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in QXM	Weight in ZFC	Overlap
	DOL	B	5.17%	6.66%	5.17%
	GIL	A	4.8%	6.95%	4.8%

QXM Overweight 8 Positions Relative to ZFC

	Symbol	Grade	Weight
	ATRL	A	5.21%
	WSP	C	5.15%
	NA	A	5.09%
	POW	A	5.05%
	TFII	B	5.02%
	ATD	B	4.89%
	GIB.A	C	4.89%
	MRU	A	4.83%

QXM Underweight 7 Positions Relative to ZFC

	Symbol	Grade	Weight
	SES	B	-6.83%
	CIGI	D	-6.79%
	WPM	C	-6.78%
	CEU	A	-6.77%
	K	C	-6.7%
	CM	A	-6.64%
	L	B	-6.6%

QXM: Top Represented Industries & Keywords

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

Keywords: Energy Retailers Health Mining Retailing S&P/Tsx 60 Index Service Companies Transportation Consulting Delivery Environmental Financial Financial Services Food Infrastructure Insurance Oil Retail Transport Asset And Liability Management

ZFC: Top Represented Industries & Keywords

Industries: Oil & Gas Equipment & Services Apparel Manufacturing Banks - Global Discount Stores Gold Grocery Stores Real Estate Services Silver

Keywords: S&P/Tsx 60 Index Bank Financial Gold Oil Retail Retailers Advisory Services Banking Capital Market Capital Markets Credit Drilling Energy Energy Services Environmental Financial Products Financial Services Government Health