WXM vs. ZFC ETF Comparison

Comparison of First Asset Morningstar Canada Momentum Index ETF (WXM) to BMO SIA Focused Canadian Equity Fund (ZFC)

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

$26.92

Average Daily Volume

4,531

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

ZFC

BMO SIA Focused Canadian Equity Fund

ZFC Description

This fund’s objective is to provide long-term capital growth by investing primarily in a portfolio of Canadian equities.

Grade (RS Rating)

Last Trade

$42.66

Average Daily Volume

1,042

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	WXM	ZFC
30 Days	3.10%	1.38%
60 Days	1.78%	-0.16%
90 Days	5.56%	2.84%
12 Months	8.58%	8.77%

2 Overlapping Holdings

	Symbol	Grade	Weight in WXM	Weight in ZFC	Overlap
	DOL	A	3.76%	6.83%	3.76%
	MEG	D	3.65%	6.73%	3.65%

WXM Overweight 8 Positions Relative to ZFC

	Symbol	Grade	Weight
	IVN	A	4.3%
	ARX	B	3.58%
	X	C	3.56%
	GIL	D	3.47%
	NA	A	3.45%
	TIH	D	3.43%
	PPL	B	3.41%
	FFH	C	3.4%

WXM Underweight 6 Positions Relative to ZFC

	Symbol	Grade	Weight
	GSY	C	-6.86%
	CNQ	B	-6.85%
	STN	C	-6.61%
	K	A	-6.59%
	TRI	A	-6.57%
	TFII	D	-6.53%

WXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Apparel Manufacturing Banks - Global Discount Stores Financial Exchanges Industrial Distribution Industrial Metals & Minerals Insurance - Property & Casualty Oil & Gas Midstream

Keywords: Oil Energy Integrated Petroleum S&P/Tsx 60 Index Carbon Crude Oil Financial Financial Markets Food Gold Health Insurance Insurance Operations Liquids Mining Natural Gas Oil Sands Paper Pipe

ZFC: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Capital Markets Credit Services Discount Stores Engineering & Construction Gold Trucking

Keywords: Energy Mining Oil S&P/Tsx 60 Index Electronics Extraction Financial Marketing Oil Sands Petroleum Pipe Pipeline Accounting Analytics Architecture Athabasca Athabasca Oil Sands Bank Cleaning Commerce Platform