XEG vs. FXM ETF Comparison

Comparison of iShares S&P/TSX Capped Energy Index ETF (XEG) to First Asset Morningstar Canada Value Index ETF (FXM)

XEG

iShares S&P/TSX Capped Energy Index ETF

XEG Description

iShares S&P/TSX Capped Energy Index Fund, formerly iShares CDN S&P/TSX Capped Energy Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Energy Index (the Index) through investments in the constituent issuers of such index. The Index consists of securities of Canadian energy sector issuers listed on the TSX, selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Index includes stocks belonging to the S&P/TSX Energy industry sector classification, with the weight of any one company capped at 25% of the market capitalization of the Index. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$19.08

Average Daily Volume

966,367

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

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

$22.32

Average Daily Volume

3,100

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	XEG	FXM
30 Days	-0.77%	2.53%
60 Days	12.76%	6.64%
90 Days	26.21%	11.13%
12 Months	33.84%	8.63%

1 Overlapping Holdings

	Symbol	Grade	Weight in XEG	Weight in FXM	Overlap
	MEG	B	2.89%	3.51%	2.89%

XEG Overweight 9 Positions Relative to FXM

	Symbol	Grade	Weight
	CNQ	B	24.85%
	SU	A	21.78%
	CVE	B	12.15%
	TOU	B	7.06%
	IMO	B	5.07%
	ARX	A	4.87%
	CPG	B	2.17%
	WCP	B	2.07%
	PSK	D	1.91%

XEG Underweight 8 Positions Relative to FXM

	Symbol	Grade	Weight
	K	A	-3.71%
	FTT	B	-3.62%
	VET	C	-3.61%
	BBD.B	B	-3.61%
	AC	D	-3.56%
	DOO	B	-3.42%
	MFC	A	-3.41%
	AQN	B	-3.38%

XEG: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated

Keywords: Oil Crude Oil Natural Gas Petroleum Energy Oil Sands S&P/Tsx 60 Index Liquids Marketing Petroleum Geology Petroleum Industry Petroleum Industry In Canada Gas Exploration Integrated Pipe Pipeline Transport Western Canadian Sedimentary Basin Athabasca Athabasca Oil Sands

FXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Airlines Banks - Regional - Latin America Gold Industrial Distribution Insurance - Life Recreational Vehicles Utilities - Independent Power Producers

Keywords: Energy Engines Extraction Natural Gas Oil Pipe Pipeline Regional Jet S&P/Tsx 60 Index Transport Water Aeroplan Aerostructure Aftermarket Air Canada Airbus Airline Airliners Airlines Algonquin Power & Utilities