TLV vs. XMV ETF Comparison

Comparison of PowerShares S&P/TSX Composite Low Volatility Index ETF (TLV) to iShares Edge MSCI Min Vol Canada Index ETF (XMV)

TLV

PowerShares S&P/TSX Composite Low Volatility Index ETF

TLV Description

TLV seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P/TSX Composite Low Volatility Index, or any successor thereto. This Invesco ETF invests, directly or indirectly, primarily in Canadian equity securities.

Grade (RS Rating)

Last Trade

$34.05

Average Daily Volume

3,373

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

XMV

iShares Edge MSCI Min Vol Canada Index ETF

XMV Description

The investment seeks to replicate, net of expense, the MSCI Canada Minimum Volatility Index CAD. The fund will primarily invest in securities that consists of the underlying index. The index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Canada that have lower volatility relative to the equity securities included in the MSCI Canada Index.

Grade (RS Rating)

Last Trade

$47.29

Average Daily Volume

3,654

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	TLV	XMV
30 Days	1.25%	2.16%
60 Days	3.78%	3.59%
90 Days	8.10%	6.65%
12 Months	24.83%	24.84%

5 Overlapping Holdings

	Symbol	Grade	Weight in TLV	Weight in XMV	Overlap
	ENB	A	2.24%	3.03%	2.24%
	FTS	A	2.32%	3.04%	2.32%
	H	C	2.21%	2.96%	2.21%
	PPL	A	2.78%	2.79%	2.78%
	SLF	A	2.18%	3.03%	2.18%

TLV Overweight 3 Positions Relative to XMV

	Symbol	Grade	Weight
	GWO	A	2.2%
	TRP	A	2.17%
	TIH	D	2.16%

TLV Underweight 3 Positions Relative to XMV

	Symbol	Grade	Weight
	IFC	A	-3.16%
	GIB.A	C	-2.97%
	L	B	-2.88%

TLV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Industrial Distribution Insurance - Diversified Insurance - Life

Keywords: Energy Natural Gas S&P/Tsx 60 Index Infrastructure Liquids Pipe Pipeline Asset Management Crude Oil Electricity Energy Infrastructure Financial Financial Services Gas Storage Gas Utility Insurance Natural Gas Liquids Natural Gas Processing Natural Gas Storage Oil

XMV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Grocery Stores Information Technology Services Insurance - Diversified Insurance - Property & Casualty

Keywords: Energy S&P/Tsx 60 Index Financial Insurance Natural Gas Transport Transportation Credit Crude Oil Electricity Financial Services Gas Utility Information Information Technology Infrastructure Liquids Natural Gas Liquids Natural Gas Processing Oil Oil Sands