XIT vs. WXM ETF Comparison
Comparison of iShares S&P/TSX Capped Information Technology Index ETF (XIT) to First Asset Morningstar Canada Momentum Index ETF (WXM)
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
$58.71
Average Daily Volume
9,265
10
WXM
First Asset Morningstar Canada Momentum Index ETF
WXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Momentum Index™ (the “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 have demonstrated, among other things, positive momentum in earnings and price.Grade (RS Rating)
Last Trade
$31.00
Average Daily Volume
1,586
10
Performance
| Period | XIT | WXM |
|---|---|---|
| 30 Days | 2.12% | 4.24% |
| 60 Days | 5.18% | 6.60% |
| 90 Days | 16.70% | 12.93% |
| 12 Months | 31.11% | 32.28% |
1 Overlapping Holdings
| Symbol | Grade | Weight in XIT | Weight in WXM | Overlap | |
|---|---|---|---|---|---|
| CLS | A | 4.97% | 3.58% | 3.58% |
XIT: Top Represented Industries & Keywords
WXM: Top Represented Industries & Keywords
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