UTIL vs. TLV ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to PowerShares S&P/TSX Composite Low Volatility Index ETF (TLV)

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

1,143

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

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

$33.42

Average Daily Volume

3,771

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	TLV
30 Days	-0.09%	1.70%
60 Days	0.32%	3.37%
90 Days	4.33%	8.65%
12 Months	14.24%	24.65%

5 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in TLV	Overlap
	ENB	A	8.41%	2.24%	2.24%
	FTS	B	8.38%	2.32%	2.32%
	H	D	8.79%	2.21%	2.21%
	PPL	B	8.44%	2.78%	2.78%
	TRP	B	9.1%	2.17%	2.17%

UTIL Overweight 5 Positions Relative to TLV

	Symbol	Grade	Weight
	BIP.UN	B	9.03%
	EMA	D	8.53%
	ALA	C	8.18%
	BCE	F	7.73%
	T	D	7.69%

UTIL Underweight 3 Positions Relative to TLV

	Symbol	Grade	Weight
	GWO	A	-2.2%
	SLF	A	-2.18%
	TIH	D	-2.16%

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

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