WXM vs. XMA ETF Comparison

Comparison of First Asset Morningstar Canada Momentum Index ETF (WXM) to iShares S&P/TSX Capped Materials Index ETF (XMA)

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

$26.42

Average Daily Volume

4,852

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

XMA

iShares S&P/TSX Capped Materials Index ETF

XMA Description

iShares S&P/TSX Capped Materials Index Fund, formerly iShares CDN S&P/TSX Capped Materials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Materials Index (the Index) through investments in the constituent issuers of such Index. The Index is a constrained market capitalization-weighted index that consists of the securities of Canadian materials sector issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. In the Index, the weight of any one company, in terms of market capitalization, is limited to 25%. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$20.07

Average Daily Volume

19,954

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	WXM	XMA
30 Days	-0.30%	2.66%
60 Days	-0.34%	16.21%
90 Days	5.29%	22.60%
12 Months	8.04%	-2.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in WXM	Weight in XMA	Overlap
	IVN	B	3.67%	2.75%	2.75%

WXM Overweight 9 Positions Relative to XMA

	Symbol	Grade	Weight
	GIL	D	3.6%
	MEG	B	3.58%
	NA	A	3.51%
	TIH	D	3.5%
	MFC	A	3.48%
	X	C	3.44%
	ARX	A	3.42%
	CNR	C	3.41%
	GEI	D	3.38%

WXM Underweight 7 Positions Relative to XMA

	Symbol	Grade	Weight
	AEM	A	-11.47%
	ABX	B	-11.28%
	NTR	D	-10.38%
	FNV	B	-8.85%
	WPM	A	-8.25%
	FM	C	-2.94%
	K	A	-2.91%

WXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Apparel Manufacturing Banks - Global Financial Exchanges Industrial Distribution Industrial Metals & Minerals Insurance - Life Oil & Gas Midstream Railroads

Keywords: Energy Integrated Oil Petroleum S&P/Tsx 60 Index Chemistry Crude Oil Financial Financial Markets Financial Services Gold Insurance Insurance Operations Liquids Mining Mobile Montreal Natural Gas Physical Sciences Pipe

XMA: Top Represented Industries & Keywords

Industries: Gold Agricultural Inputs Copper Industrial Metals & Minerals Silver

Keywords: Gold Mines Mining Metal Mineral S&P/Tsx 60 Index Copper Metals Bank Chemistry Cobalt Copper Mining In The Democratic Republic Of The Congo Gold Mining Mauritania Mineral Properties Minerals Nickel Physical Sciences Wheaton Precious Metals Corporation Acquisitions