XMA vs. WXM ETF Comparison

Comparison of iShares S&P/TSX Capped Materials Index ETF (XMA) to First Asset Morningstar Canada Momentum Index ETF (WXM)

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

$22.49

Average Daily Volume

47,244

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

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

$32.62

Average Daily Volume

1,720

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XMA	WXM
30 Days	-6.43%	4.98%
60 Days	0.72%	10.64%
90 Days	2.52%	13.53%
12 Months	32.29%	34.55%

3 Overlapping Holdings

	Symbol	Grade	Weight in XMA	Weight in WXM	Overlap
	AEM	C	12.72%	3.43%	3.43%
	K	C	3.63%	3.47%	3.47%
	WPM	C	8.73%	3.5%	3.5%

XMA Overweight 5 Positions Relative to WXM

	Symbol	Grade	Weight
	ABX	C	10.99%
	FNV	C	7.53%
	NTR	D	7.49%
	IVN	C	3.35%
	FM	B	2.9%

XMA Underweight 7 Positions Relative to WXM

	Symbol	Grade	Weight
	CLS	A	-4.75%
	GLXY	B	-3.9%
	CPX	A	-3.68%
	TA	A	-3.64%
	IMO	A	-3.57%
	IMG	B	-3.53%
	GIL	A	-3.43%

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

WXM: Top Represented Industries & Keywords

Industries: Gold Apparel Manufacturing Capital Markets Contract Manufacturers Oil & Gas Integrated Silver Utilities - Independent Power Producers Utilities - Regulated Electric

Keywords: Mining Gold Mines Bank Energy S&P/Tsx 60 Index Solar Dow Manufacturing Marketing Mineral Natural Gas Acquisitions Aerospace Agnico Eagle Mines Limited Alberta Electricity Policy Alternative Currencies Alternative Energy Arbitrage Asset Management