XFN vs. GCFE ETF Comparison

Comparison of iShares S&P/TSX Capped Financials Index ETF (XFN) to Guardian Canadian Focused Equity ETF (GCFE)

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

$57.40

Average Daily Volume

216,216

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

GCFE

Guardian Canadian Focused Equity ETF

GCFE Description

Grade (RS Rating)

Last Trade

$28.10

Average Daily Volume

517

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	XFN	GCFE
30 Days	2.01%	2.93%
60 Days	7.56%	6.64%
90 Days	14.98%	7.46%
12 Months	38.90%

1 Overlapping Holdings

	Symbol	Grade	Weight in XFN	Weight in GCFE	Overlap
	BN	B	9.32%	7.59%	7.59%

XFN Overweight 7 Positions Relative to GCFE

	Symbol	Grade	Weight
	BNS	B	8.17%
	BMO	A	8.02%
	CM	A	7.05%
	MFC	B	6.41%
	IFC	A	4.17%
	SLF	B	4.08%
	NA	A	3.92%

XFN Underweight 8 Positions Relative to GCFE

	Symbol	Grade	Weight
	FFH	A	-7.39%
	OTEX	D	-7.1%
	MDA	A	-6.51%
	EFN	B	-6.42%
	TOY	D	-5.83%
	AEM	B	-5.82%
	L	C	-5.81%
	MFI	F	-5.52%

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

GCFE: Top Represented Industries & Keywords

Industries: Aerospace & Defense Asset Management Credit Services Gold Grocery Stores Insurance - Property & Casualty Leisure Packaged Foods Software - Application

Keywords: Marketing Bank Financial Health Insurance Manufacturing Mining Mobile Real Estate S&P/Tsx 60 Index Agnico Eagle Mines Limited Alternative Investment American Cuisine Analytics Banking Broadband Business Process Management Business Software Canadian Malartic Mine Card Services