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

$20.86

Average Daily Volume

18,189

Number of Holdings ^*

9

* 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

$27.10

Average Daily Volume

5,418

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XMA	WXM
30 Days	7.75%	3.32%
60 Days	17.92%	2.26%
90 Days	28.53%	5.32%
12 Months	14.39%	11.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in XMA	Weight in WXM	Overlap
	IVN	C	3.0%	4.3%	3.0%

XMA Overweight 8 Positions Relative to WXM

	Symbol	Grade	Weight
	AEM	B	11.7%
	ABX	C	10.83%
	NTR	B	9.68%
	WPM	B	8.76%
	FNV	C	8.59%
	FM	D	3.34%
	K	A	2.94%
	LUN	C	2.79%

XMA Underweight 9 Positions Relative to WXM

	Symbol	Grade	Weight
	DOL	A	-3.76%
	MEG	D	-3.65%
	ARX	B	-3.58%
	X	C	-3.56%
	GIL	C	-3.47%
	NA	A	-3.45%
	TIH	D	-3.43%
	PPL	B	-3.41%
	FFH	A	-3.4%

XMA: Top Represented Industries & Keywords

Industries: Gold Copper Agricultural Inputs Industrial Metals & Minerals Silver

Keywords: Gold Mining Mines Metal Mineral Copper Metals S&P/Tsx 60 Index Chemistry Cobalt Mineral Properties Nickel Bank Copper Mining In The Democratic Republic Of The Congo Eagle Mine Gold Mining Katanga Province Mauritania Minerals Physical Sciences

WXM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Apparel Manufacturing Banks - Global Discount Stores Financial Exchanges Industrial Distribution Industrial Metals & Minerals Insurance - Property & Casualty Oil & Gas Midstream

Keywords: Oil Energy Integrated Petroleum S&P/Tsx 60 Index Carbon Crude Oil Financial Financial Markets Food Gold Health Insurance Insurance Operations Liquids Mining Natural Gas Oil Sands Paper Pipe