UTIL vs. INOC ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to Horizons Inovestor CDN Equity Index ETF (INOC)

UTIL

Horizons Canadian Utility Services High Dividend Index ETF

UTIL Description

Horizons Canadian Utility Services High Dividend Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. The fund invests in stocks of companies operating across communication services, telecommunication services, energy, oil, gas and consumable fuels, oil and gas storage transportation, natural gas pipelines, oil and gas pipelines sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund seeks to track the performance of the Solactive Canadian Utility Services High Dividend Index, by using full replication technique. Horizons Canadian Utility Services High Dividend Index ETF was formed on August 9, 2022 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$22.16

Average Daily Volume

1,135

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

INOC

Horizons Inovestor CDN Equity Index ETF

INOC Description

The fundamental investment objective of the ETF is to seek to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index (the “Underlying Index”), net of expenses. The Underlying Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.

Grade (RS Rating)

Last Trade

$15.88

Average Daily Volume

3,095

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	INOC
30 Days	-0.76%	-1.24%
60 Days	2.26%	0.06%
90 Days	4.28%	2.85%
12 Months	17.93%	20.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in INOC	Overlap
	EMA	C	8.53%	4.38%	4.38%

UTIL Overweight 9 Positions Relative to INOC

	Symbol	Grade	Weight
	TRP	B	9.1%
	BIP.UN	B	9.03%
	H	D	8.79%
	PPL	B	8.44%
	ENB	B	8.41%
	FTS	C	8.38%
	ALA	C	8.18%
	BCE	D	7.73%
	T	D	7.69%

UTIL Underweight 7 Positions Relative to INOC

	Symbol	Grade	Weight
	NWC	A	-4.55%
	NA	A	-4.42%
	ENGH	F	-4.27%
	EQB	B	-4.26%
	IFC	A	-4.24%
	LIF	C	-4.22%
	DOL	A	-4.22%

UTIL: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Natural Gas Communications Electricity Infrastructure Liquids S&P/Tsx 60 Index Storage Utilities Energy Infrastructure Energy Segment Gas Storage Natural Gas Liquids Natural Gas Storage Pipe Pipeline Telecommunications Transport Transportation Utilities Segment

INOC: Top Represented Industries & Keywords

Industries: Banks - Global Discount Stores Grocery Stores Insurance - Property & Casualty Software - Application Specialty Finance Steel Utilities - Diversified

Keywords: Financial Financial Services Bank Food Insurance Insurance Operations Integrated Oil Retail Retailers Retailing Service Provider Utilities Active Management Agriculture Algonquin Power & Utilities Analytics Asset And Liability Management Asset Management Bank Of Canada