XIT vs. FXM ETF Comparison
Comparison of iShares S&P/TSX Capped Information Technology Index ETF (XIT) to First Asset Morningstar Canada Value Index ETF (FXM)
XIT
iShares S&P/TSX Capped Information Technology Index ETF
XIT Description
iShares S&P/TSX Capped Information Technology Index Fund, is a Canada-based fund that seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Information Technology Index (the Index) through investments in the constituent issuers of such Index. The index is comprised of constituents of the S&P/TSX Composite Index in GICS Sector 45- Information Technology. Constituents are capped at 25% weight. The Index is provided by Standard & Poors (S&P). CGI Group Inc. Class A, Open Text Corporation, Constellation Software Inc., Blackberry Ltd, Dh Corp are few of the fund’s top holdings. The Fund is managed by BlackRock Asset Management Canada Limited.
Grade (RS Rating)
Last Trade
$67.43
Average Daily Volume
11,268
10
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
$25.62
Average Daily Volume
2,138
10
Performance
| Period | XIT | FXM |
|---|---|---|
| 30 Days | 10.84% | 1.19% |
| 60 Days | 15.93% | 6.58% |
| 90 Days | 19.57% | 10.39% |
| 12 Months | 34.66% | 25.52% |
1 Overlapping Holdings
| Symbol | Grade | Weight in XIT | Weight in FXM | Overlap | |
|---|---|---|---|---|---|
| CLS | A | 4.97% | 3.52% | 3.52% |
XIT: Top Represented Industries & Keywords
FXM: Top Represented Industries & Keywords
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