WXM vs. ZUT ETF Comparison

Comparison of First Asset Morningstar Canada Momentum Index ETF (WXM) to BMO Equal Weight Utilities Index ETF (ZUT)

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

$32.65

Average Daily Volume

1,720

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

ZUT

BMO Equal Weight Utilities Index ETF

ZUT Description

BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index

Grade (RS Rating)

Last Trade

$22.23

Average Daily Volume

48,164

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	WXM	ZUT
30 Days	4.98%	-2.29%
60 Days	10.64%	0.75%
90 Days	13.53%	6.30%
12 Months	34.55%	16.78%

2 Overlapping Holdings

	Symbol	Grade	Weight in WXM	Weight in ZUT	Overlap
	CPX	A	3.68%	7.02%	3.68%
	TA	A	3.64%	7.83%	3.64%

WXM Overweight 8 Positions Relative to ZUT

	Symbol	Grade	Weight
	CLS	A	4.75%
	GLXY	B	3.9%
	IMO	A	3.57%
	IMG	B	3.53%
	WPM	C	3.5%
	K	C	3.47%
	GIL	A	3.43%
	AEM	C	3.43%

WXM Underweight 7 Positions Relative to ZUT

	Symbol	Grade	Weight
	BEP.UN	C	-7.43%
	INE	D	-7.41%
	BLX	D	-7.31%
	BIP.UN	B	-7.28%
	NPI	F	-7.23%
	CU	B	-6.96%
	EMA	C	-6.92%

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Manufacturing Capital Markets Contract Manufacturers Oil & Gas Integrated Silver Utilities - Independent Power Producers Utilities - Regulated Electric

Keywords: Mining Gold Mines Bank Energy S&P/Tsx 60 Index Solar Dow Manufacturing Marketing Mineral Natural Gas Acquisitions Aerospace Agnico Eagle Mines Limited Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage Asset Management

ZUT: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Electricity Natural Gas Solar Renewable Energy Utilities Power Producer Rook Universe Wind Power Alberta Electricity Policy Biomass Brookfield Coal Construction Electricity Generation Energy Segment Farm Gas Transmission Infrastructure