WXM vs. XGD ETF Comparison
Comparison of First Asset Morningstar Canada Momentum Index ETF (WXM) to iShares S&P/TSX Global Gold Index ETF (XGD)
WXM
First Asset Morningstar Canada Momentum Index ETF
WXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “Index”), net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which have demonstrated, among other things, positive momentum in earnings and price.
Grade (RS Rating)
Last Trade
$30.90
Average Daily Volume
1,587
10
XGD
iShares S&P/TSX Global Gold Index ETF
XGD Description
iShares S&P/TSX Global Gold Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of securities of global gold sector issuers selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The S&P/TSX Global Gold Index is defined using Global Industry Classification Standard (GICS) sector classification. The Fund is managed by BlackRock Asset Management Canada Limited.Grade (RS Rating)
Last Trade
$23.58
Average Daily Volume
463,728
7
Performance
Period | WXM | XGD |
---|---|---|
30 Days | 3.14% | 2.39% |
60 Days | 8.99% | 6.60% |
90 Days | 13.27% | 10.29% |
12 Months | 30.42% | 37.09% |
1 Overlapping Holdings
Symbol | Grade | Weight in WXM | Weight in XGD | Overlap | |
---|---|---|---|---|---|
AGI | B | 3.34% | 2.78% | 2.78% |
WXM: Top Represented Industries & Keywords
XGD: Top Represented Industries & Keywords