XFN vs. ENCC ETF Comparison

Comparison of iShares S&P/TSX Capped Financials Index ETF (XFN) to Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC)

XFN

iShares S&P/TSX Capped Financials Index ETF

XFN Description

iShares S&P/TSX Capped Financials Index Fund, formerly iShares CDN S&P/TSX Capped Financials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Financials Index (the Index) through investments in the constituent issuers of such Index. The Index consists of securities of Canadian financial sector issuers listed on the Toronto Stock Exchange (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 Financial industry sector classification, with the weight of any one company capped at 25% of the market capitalization of the Index. The Index is provided by S&P. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$50.71

Average Daily Volume

190,862

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ENCC

Horizons Canadian Oil and Gas Equity Covered Call ETF

ENCC Description

Horizons Canadian Oil and Gas Equity Covered Call ETF (ENCC) is a covered call ETF that gives investors exposure to some of the largest and most liquid Canadian oil & gas stocks and it then uses a covered call strategy to help generate additional income on the portfolio.

Grade (RS Rating)

Last Trade

$11.60

Average Daily Volume

65,011

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XFN	ENCC
30 Days	5.54%	1.49%
60 Days	3.33%	3.11%
90 Days	5.46%	9.02%
12 Months	16.35%	9.85%

0 Overlapping Holdings

	Symbol	Grade	Weight in XFN	Weight in ENCC	Overlap

XFN Overweight 8 Positions Relative to ENCC

	Symbol	Grade	Weight
	BMO	B	9.41%
	BN	B	8.33%
	BNS	D	8.09%
	CM	B	6.32%
	MFC	A	6.12%
	SLF	D	4.33%
	IFC	B	4.26%
	NA	A	3.95%

XFN Underweight 10 Positions Relative to ENCC

	Symbol	Grade	Weight
	TOU	B	-8.34%
	ERF	C	-8.3%
	MEG	D	-8.03%
	ARX	B	-7.89%
	CVE	C	-7.28%
	IMO	B	-7.16%
	VET	C	-7.04%
	CNQ	B	-6.68%
	WCP	B	-6.62%
	SU	B	-6.59%

XFN: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Insurance - Diversified Insurance - Life Insurance - Property & Casualty

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

ENCC: Top Represented Industries & Keywords

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

Keywords: Oil Crude Oil Natural Gas Petroleum Energy Oil Sands Liquids Marketing Petroleum Geology Petroleum Industry Petroleum Industry In Canada Cardium Integrated Nature Offshore Pipe Pipeline S&P/Tsx 60 Index Transport Athabasca