UTIL vs. ZWC ETF Comparison

Comparison of Horizons Canadian Utility Services High Dividend Index ETF (UTIL) to BMO Canadian High Dividend Covered Call ETF (ZWC)

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

$22.54

Average Daily Volume

858

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

ZWC

BMO Canadian High Dividend Covered Call ETF

ZWC Description

BMO Canadian High Dividend Covered Call ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Grade (RS Rating)

Last Trade

$18.57

Average Daily Volume

81,434

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	UTIL	ZWC
30 Days	-1.53%	0.92%
60 Days	1.30%	3.11%
90 Days	4.35%	5.02%
12 Months	13.18%	14.40%

3 Overlapping Holdings

	Symbol	Grade	Weight in UTIL	Weight in ZWC	Overlap
	BCE	F	7.73%	4.74%	4.74%
	ENB	A	8.41%	4.94%	4.94%
	TRP	A	9.1%	4.13%	4.13%

UTIL Overweight 7 Positions Relative to ZWC

	Symbol	Grade	Weight
	BIP.UN	B	9.03%
	H	C	8.79%
	EMA	C	8.53%
	PPL	A	8.44%
	FTS	A	8.38%
	ALA	A	8.18%
	T	D	7.69%

UTIL Underweight 5 Positions Relative to ZWC

	Symbol	Grade	Weight
	BNS	A	-5.4%
	CM	A	-5.22%
	MFC	A	-4.92%
	CNQ	C	-3.94%
	CNR	D	-3.91%

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

ZWC: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Insurance - Life Oil & Gas E&P Railroads Telecom Services

Keywords: S&P/Tsx 60 Index Energy Financial Services Liquids Natural Gas Pipe Pipeline Bank Banking Commodity Crude Oil Energy Industry Financial Government Investment Banking Marketing Mobile Natural Gas Liquids Oil Oil Sands