XFN vs. ZWC ETF Comparison

Comparison of iShares S&P/TSX Capped Financials Index ETF (XFN) to BMO Canadian High Dividend Covered Call ETF (ZWC)

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

$60.19

Average Daily Volume

203,912

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ZWC

BMO Canadian High Dividend Covered Call ETF

ZWC Description

BMO Canadian High Dividend Covered Call ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Grade (RS Rating)

Last Trade

$18.53

Average Daily Volume

82,938

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	XFN	ZWC
30 Days	3.56%	-0.41%
60 Days	6.52%	2.08%
90 Days	15.43%	4.80%
12 Months	38.04%	13.06%

3 Overlapping Holdings

	Symbol	Grade	Weight in XFN	Weight in ZWC	Overlap
	BNS	A	8.17%	5.4%	5.4%
	CM	A	7.05%	5.22%	5.22%
	MFC	B	6.41%	4.92%	4.92%

XFN Overweight 5 Positions Relative to ZWC

	Symbol	Grade	Weight
	BN	B	9.32%
	BMO	A	8.02%
	IFC	A	4.17%
	SLF	A	4.08%
	NA	A	3.92%

XFN Underweight 5 Positions Relative to ZWC

	Symbol	Grade	Weight
	ENB	A	-4.94%
	BCE	F	-4.74%
	TRP	A	-4.13%
	CNQ	D	-3.94%
	CNR	F	-3.91%

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

ZWC: Top Represented Industries & Keywords

Industries: Banks - Global Oil & Gas Midstream Insurance - Life Oil & Gas E&P Railroads Telecom Services

Keywords: S&P/Tsx 60 Index Energy Financial Services Liquids Natural Gas Pipe Pipeline Bank Banking Commodity Crude Oil Energy Industry Financial Government Investment Banking Marketing Mobile Natural Gas Liquids Oil Oil Sands