XDV vs. QXM ETF Comparison

Comparison of iShares Canadian Select Dividend Index ETF (XDV) to First Asset Morningstar National Bank Quebec Index ETF (QXM)

XDV

iShares Canadian Select Dividend Index ETF

XDV Description

iShares Dow Jones Canada Select Dividend Index Fund, formerly iShares CDN Dow Jones Canada Select Dividend Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the Dow Jones Canada Select Dividend Index (the Index) through investments in the constituent issuers of such Index. The Index consists of 30 of the highest yielding, dividend-paying companies in the Dow Jones Canada Total Market Index, as selected by Dow Jones using a rules-based methodology, including an analysis of dividend growth, yield and average payout ratio. In the Index, the weight of any one company, in terms of market capitalization, is limited to 10%. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$31.87

Average Daily Volume

46,344

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$31.70

Average Daily Volume

726

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XDV	QXM
30 Days	1.15%	1.28%
60 Days	4.45%	6.30%
90 Days	10.50%	8.12%
12 Months	22.65%	22.76%

2 Overlapping Holdings

	Symbol	Grade	Weight in XDV	Weight in QXM	Overlap
	BCE	F	4.19%	4.77%	4.19%
	NA	A	5.74%	5.12%	5.12%

XDV Overweight 6 Positions Relative to QXM

	Symbol	Grade	Weight
	CTC.A	C	9.14%
	BMO	A	6.82%
	BNS	A	5.4%
	CM	A	5.35%
	TRP	A	5.2%
	SLF	A	3.77%

XDV Underweight 8 Positions Relative to QXM

	Symbol	Grade	Weight
	DOL	B	-6.25%
	MRU	A	-5.44%
	WSP	C	-5.22%
	POW	B	-5.14%
	IAG	A	-5.02%
	GIB.A	D	-4.81%
	GIL	B	-4.74%
	ATD	B	-4.54%

XDV: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Oil & Gas Midstream Specialty Retail Telecom Services

Keywords: Financial Services Financial Bank Banking Insurance Investment Banking Retail S&P/Tsx 60 Index Government ING Group Wealth Management Banking Products Capital Market Capital Markets Credit Economic History Of Italy Integrated Investment Banks Investment Solutions National Bank Of Canada

QXM: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Banks - Global Discount Stores Engineering & Construction Grocery Stores Information Technology Services Insurance - Diversified Insurance - Life Specialty Retail Telecom Services

Keywords: Health Retailers Energy Financial Financial Services Insurance Retailing S&P/Tsx 60 Index Service Companies Asset Management Cement Communications Consulting Credit Environmental Food Health Insurance Infrastructure Internet Protocol Oil