XMA vs. PFLS ETF Comparison

Comparison of iShares S&P/TSX Capped Materials Index ETF (XMA) to Picton Mahoney Frt Lng Shrt Alt Fund ETF (PFLS)

XMA

iShares S&P/TSX Capped Materials Index ETF

XMA Description

iShares S&P/TSX Capped Materials Index Fund, formerly iShares CDN S&P/TSX Capped Materials Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Materials Index (the Index) through investments in the constituent issuers of such Index. The Index is a constrained market capitalization-weighted index that consists of the securities of Canadian materials sector issuers listed on the Toronto Stock Exchange (TSX), selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. In the Index, the weight of any one company, in terms of market capitalization, is limited to 25%. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$19.37

Average Daily Volume

23,606

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

PFLS

Picton Mahoney Frt Lng Shrt Alt Fund ETF

PFLS Description

The Fund?s objective is to provide consistent long-term capital appreciation with an attractive risk adjusted rate of return.

Grade (RS Rating)

Last Trade

$16.60

Average Daily Volume

3,875

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	XMA	PFLS
30 Days	9.04%	-0.06%
60 Days	18.92%	1.79%
90 Days	15.99%	3.97%
12 Months	-4.62%	7.50%

0 Overlapping Holdings

	Symbol	Grade	Weight in XMA	Weight in PFLS	Overlap

XMA Overweight 8 Positions Relative to PFLS

	Symbol	Grade	Weight
	AEM	A	11.47%
	ABX	B	11.28%
	NTR	D	10.38%
	FNV	C	8.85%
	WPM	A	8.25%
	FM	C	2.94%
	K	A	2.91%
	IVN	B	2.75%

XMA Underweight 5 Positions Relative to PFLS

	Symbol	Grade	Weight
	XIC	A	-13.77%
	XIU	A	-7.56%
	BMO	B	-5.65%
	CP	B	-4.54%
	EFN	C	-3.2%

XMA: Top Represented Industries & Keywords

Industries: Gold Agricultural Inputs Copper Industrial Metals & Minerals Silver

Keywords: Gold Mines Mining Metal Mineral S&P/Tsx 60 Index Copper Metals Bank Chemistry Cobalt Copper Mining In The Democratic Republic Of The Congo Gold Mining Mauritania Mineral Properties Minerals Nickel Physical Sciences Wheaton Precious Metals Corporation Acquisitions

PFLS: Top Represented Industries & Keywords

Industries: Banks - Global Credit Services Railroads

Keywords: S&P/Tsx 60 Index Asset Management Blackrock Economy Of Toronto Exchange Traded Funds Index Fund Ishares Market Capitalization Retail S&P S&P 500 Index CBOE S&P/TSX 60 S&P/Tsx Composite Index Standard & Poor's Toronto Stock Exchange Transport Truck Vehicle Vehicles Bank