TKN vs. WXM ETF Comparison

Comparison of Ninepoint Bitcoin ETF (TKN) to First Asset Morningstar Canada Momentum Index ETF (WXM)

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

WXM

First Asset Morningstar Canada Momentum Index ETF

WXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “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 have demonstrated, among other things, positive momentum in earnings and price.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

1,644

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	TKN	WXM
30 Days	26.89%	3.12%
60 Days	43.72%	8.19%
90 Days	35.96%	9.88%
12 Months	95.00%	31.89%

1 Overlapping Holdings

	Symbol	Grade	Weight in TKN	Weight in WXM	Overlap
	GLXY	B	12.22%	3.89%	3.89%

TKN Overweight 2 Positions Relative to WXM

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

TKN Underweight 9 Positions Relative to WXM

	Symbol	Grade	Weight
	TA	B	-3.65%
	CLS	B	-3.58%
	ATZ	D	-3.48%
	BIPC	A	-3.41%
	IMO	B	-3.4%
	MFC	A	-3.39%
	CIGI	C	-3.38%
	IMG	D	-3.36%
	AGI	D	-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

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Stores Asset Management Capital Markets Contract Manufacturers Insurance - Life Oil & Gas Integrated Real Estate Services Utilities - Independent Power Producers

Keywords: Asset Management Mining Capital Market Capital Markets Energy Financial Gold Health Manufacturing Marketing Mineral Mines Solar Acquisitions Advisory Services Aerospace Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage