TKN vs. FXM ETF Comparison

Comparison of Ninepoint Bitcoin ETF (TKN) to First Asset Morningstar Canada Value Index ETF (FXM)

TKN

Ninepoint Bitcoin ETF

TKN Description

Ninepoint Bitcoin ETF is an exchange traded fund launched and managed by Ninepoint Partners LP. It seeks to invest in Bitcoin on a passive basis. The fund's Bitcoin will be valued based on the MVIS CryptoCompare Bitcoin Benchmark Rate Index. Ninepoint Bitcoin ETF was formed on January 27, 2021 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$24.16

Average Daily Volume

1,667

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

FXM

First Asset Morningstar Canada Value Index ETF

FXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value 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 are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.

Grade (RS Rating)

Last Trade

$25.26

Average Daily Volume

2,122

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	TKN	FXM
30 Days	26.89%	1.08%
60 Days	43.72%	5.34%
90 Days	35.96%	9.21%
12 Months	95.00%	24.63%

1 Overlapping Holdings

	Symbol	Grade	Weight in TKN	Weight in FXM	Overlap
	GLXY	B	12.22%	3.82%	3.82%

TKN Overweight 2 Positions Relative to FXM

	Symbol	Grade	Weight
	ETHX.B	B	11.83%
	MATE	B	4.31%

TKN Underweight 9 Positions Relative to FXM

	Symbol	Grade	Weight
	HBM	C	-4.13%
	FTT	D	-3.69%
	TA	B	-3.59%
	CLS	B	-3.52%
	NPI	D	-3.4%
	MEG	D	-3.39%
	CG	D	-3.38%
	EMP.A	A	-3.36%
	MFC	A	-3.34%

TKN: Top Represented Industries & Keywords

Industries: Capital Markets Credit Services

Keywords: Blockchain Blockchain Technology Cryptocurrencies Acquisitions Alternative Currencies Arbitrage Asset Management Bank Business Lines Capital Market Capital Markets Coin Computing Consulting Services Decentralization Digital Technology Financial Markets Information Merchant Bank Mergers And Acquisitions

FXM: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Capital Markets Contract Manufacturers Copper Gold Grocery Stores Industrial Distribution Insurance - Life Oil & Gas E&P

Keywords: Energy Mining Solar Asset Management Gold Health Marketing Mines Private Equity Acquisitions Aerospace Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage Athabasca Athabasca Oil Sands Bank Biomass Blockchain