XDIV vs. BNC ETF Comparison

Comparison of Ishares Core MSCI CAD Qlty Div Idx ETF (XDIV) to Purpose Canadian Financial Income Fund Series ETF (BNC)

XDIV

Ishares Core MSCI CAD Qlty Div Idx ETF

XDIV Description

The investment seeks to replicate, net of expenses, the performance of the MSCI Canada High Dividend Yield 10% Security Capped Index. The MSCI Canada High Dividend Yield 10% Security Capped Index targets companies from the Parent Index (excluding REITs) with high dividend income and quality characteristics and includes companies that have higher than average dividend yields that are expected to be both sustainable and persistent.

Grade (RS Rating)

Last Trade

$30.86

Average Daily Volume

108,167

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

BNC

Purpose Canadian Financial Income Fund Series ETF

BNC Description

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.

Grade (RS Rating)

Last Trade

$28.97

Average Daily Volume

1,457

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	XDIV	BNC
30 Days	2.70%	3.54%
60 Days	5.14%
90 Days	9.90%
12 Months	24.81%

2 Overlapping Holdings

	Symbol	Grade	Weight in XDIV	Weight in BNC	Overlap
	MFC	A	9.59%	7.21%	7.21%
	SLF	A	9.38%	7.59%	7.59%

XDIV Overweight 6 Positions Relative to BNC

	Symbol	Grade	Weight
	ENB	A	8.8%
	PPL	A	8.4%
	FTS	A	7.88%
	SU	A	7.75%
	POW	B	6.26%
	EMA	C	3.99%

XDIV Underweight 6 Positions Relative to BNC

	Symbol	Grade	Weight
	CM	A	-12.39%
	NA	A	-12.02%
	BNS	A	-11.89%
	IAG	A	-9.26%
	GWO	A	-9.09%
	BMO	A	-6.68%

XDIV: Top Represented Industries & Keywords

Industries: Insurance - Life Oil & Gas Midstream Insurance - Diversified Oil & Gas Integrated Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy S&P/Tsx 60 Index Natural Gas Asset Management Crude Oil Electricity Financial Financial Services Insurance Integrated Oil Oil Sands Reinsurance Transport Energy Services Gas Utilities Gas Utility Health Life Insurance Liquids

BNC: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life

Keywords: Financial Services Financial Insurance Asset Management Bank Banking Investment Banking S&P/Tsx 60 Index Wealth Management Health ING Group Reinsurance Retail Banking Products Capital Market Capital Markets Credit Economic History Of Italy Financial Products Government