WXM vs. XMD ETF Comparison

Comparison of First Asset Morningstar Canada Momentum Index ETF (WXM) to iShares S&P/TSX Completion Index ETF (XMD)
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

$26.14

Average Daily Volume

4,956

Number of Holdings *

10

* may have additional holdings in another (foreign) market
XMD

iShares S&P/TSX Completion Index ETF

XMD Description iShares S&P/TSX Completion Index Fund, formerly iShares CDN S&P TSX Completion Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Completion Index (the Index) through investments in the constituent issuers of such Index. The Index consists of securities that, on the basis of market capitalization, make up the mid and smaller tier of the Canadian 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. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$33.67

Average Daily Volume

5,647

Number of Holdings *

9

* may have additional holdings in another (foreign) market
Performance
Period WXM XMD
30 Days -0.23% -0.24%
60 Days 0.15% 4.54%
90 Days 2.94% 6.58%
12 Months 6.08% 11.21%
3 Overlapping Holdings
Symbol Grade Weight in WXM Weight in XMD Overlap
ARX B 3.42% 2.39% 2.39%
TIH D 3.5% 1.77% 1.77%
X B 3.44% 1.63% 1.63%
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