UTIL vs. NDIV ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to Nbi Canadian Dividend Income ETF (NDIV)

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

$20.73

Average Daily Volume

2,119

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

NDIV

Nbi Canadian Dividend Income ETF

NDIV Description

The NBI Canadian Dividend Income ETF’s investment objective is to maximize the potential for long-term capital growth and to generate sustained dividend income. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies that pay dividends.

Grade (RS Rating)

Last Trade

$30.93

Average Daily Volume

2,122

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	NDIV
30 Days	9.86%	1.58%
60 Days	3.65%	2.42%
90 Days	1.97%	4.85%
12 Months	-8.44%	5.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in NDIV	Overlap
	ENB	C	8.65%	6.84%	6.84%

UTIL Overweight 9 Positions Relative to NDIV

	Symbol	Grade	Weight
	BIP.UN	B	9.5%
	TRP	B	9.01%
	ALA	A	8.96%
	PPL	B	8.85%
	H	C	8.58%
	EMA	B	8.16%
	FTS	B	8.05%
	RCI.B	D	7.59%
	BEP.UN	B	7.49%

UTIL Underweight 6 Positions Relative to NDIV

	Symbol	Grade	Weight
	CNQ	B	-6.56%
	CNR	D	-5.09%
	BAM	C	-4.6%
	WSP	D	-4.01%
	QBR.B	C	-4.0%
	NA	A	-3.99%

UTIL: Top Represented Industries & Keywords

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

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

NDIV: Top Represented Industries & Keywords

Industries: Asset Management Banks - Global Engineering & Construction Oil & Gas E&P Oil & Gas Midstream Railroads Telecom Services

Keywords: Energy Oil S&P/Tsx 60 Index Transport Transportation Commodity Crude Oil Energy Industry Liquids Marketing Mining Mobile Natural Gas Natural Gas Liquids Oil Sands Pipe Pipeline Water Alabama Asset And Liability Management