XAD vs. FXM ETF Comparison
Comparison of Ishares US Aerospace & Defense Index ETF (XAD) to First Asset Morningstar Canada Value Index ETF (FXM)
XAD
Ishares US Aerospace & Defense Index ETF
XAD Description
iShares U.S. Aerospace & Defense Index ETF is an exchange traded fund launched and managed by BlackRock Asset Management Canada Limited. It is co-managed by BlackRock Institutional Trust Company, N.A. It invests in public equity markets of the United States. The fund invests directly and through other funds in stocks of companies operating across industrials, capital goods, aerospace and defense sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Dow Jones U.S. Select Aerospace & Defense Index, by using full replication technique. iShares U.S. Aerospace & Defense Index ETF was formed on September 6, 2023 and is domiciled in Canada.
Grade (RS Rating)
Last Trade
$58.30
Average Daily Volume
435
4
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value 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 are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.Grade (RS Rating)
Last Trade
$21.62
Average Daily Volume
3,206
9
Performance
| Period | XAD | FXM |
|---|---|---|
| 30 Days | 0.38% | -0.23% |
| 60 Days | 3.26% | 3.70% |
| 90 Days | 8.01% | 5.06% |
| 12 Months | 4.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in XAD | Weight in FXM | Overlap |
|---|
XAD: Top Represented Industries & Keywords
FXM: Top Represented Industries & Keywords
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