XFN vs. UTIL ETF Comparison

Comparison of iShares S&P/TSX Capped Financials Index ETF (XFN) to Horizons Canadian Utility Services High Dividend Index ETF (UTIL)

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

$60.29

Average Daily Volume

204,338

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

UTIL

Horizons Canadian Utility Services High Dividend Index ETF

UTIL Description

Horizons Canadian Utility Services High Dividend Index ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of Canada. The fund invests in stocks of companies operating across communication services, telecommunication services, energy, oil, gas and consumable fuels, oil and gas storage transportation, natural gas pipelines, oil and gas pipelines sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. The fund seeks to track the performance of the Solactive Canadian Utility Services High Dividend Index, by using full replication technique. Horizons Canadian Utility Services High Dividend Index ETF was formed on August 9, 2022 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$22.54

Average Daily Volume

858

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XFN	UTIL
30 Days	4.91%	-1.53%
60 Days	7.73%	1.30%
90 Days	15.14%	4.35%
12 Months	39.70%	13.18%

0 Overlapping Holdings

	Symbol	Grade	Weight in XFN	Weight in UTIL	Overlap

XFN Overweight 8 Positions Relative to UTIL

	Symbol	Grade	Weight
	BN	B	9.54%
	BMO	A	8.31%
	BNS	A	7.91%
	CM	A	7.37%
	MFC	A	6.49%
	IFC	A	4.26%
	NA	A	4.06%
	SLF	A	4.0%

XFN Underweight 10 Positions Relative to UTIL

	Symbol	Grade	Weight
	TRP	A	-9.1%
	BIP.UN	B	-9.03%
	H	C	-8.79%
	EMA	C	-8.53%
	PPL	A	-8.44%
	ENB	A	-8.41%
	FTS	A	-8.38%
	ALA	A	-8.18%
	BCE	F	-7.73%
	T	D	-7.69%

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

UTIL: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Telecom Services Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Natural Gas Communications Electricity Infrastructure Liquids S&P/Tsx 60 Index Storage Utilities Energy Infrastructure Energy Segment Gas Storage Natural Gas Liquids Natural Gas Storage Pipe Pipeline Telecommunications Transport Transportation Utilities Segment