XMA vs. ZEO ETF Comparison

Comparison of iShares S&P/TSX Capped Materials Index ETF (XMA) to BMO S&P/TSX Equal Weight Oil & Gas Index ETF (ZEO)

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

$19.72

Average Daily Volume

20,481

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

ZEO

BMO S&P/TSX Equal Weight Oil & Gas Index ETF

ZEO Description

BMO Equal Weight Oil & Gas Index ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian large-cap oil and gas companies index, net of expenses. Currently, BMO Equal Weight Oil & Gas Index ETF seeks to replicate the performance of the Solactive Equal Weight Canada Oil & Gas Index.

Grade (RS Rating)

Last Trade

$70.85

Average Daily Volume

7,811

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	XMA	ZEO
30 Days	2.12%	-1.68%
60 Days	17.24%	5.57%
90 Days	19.08%	14.31%
12 Months	-3.83%	22.98%

0 Overlapping Holdings

	Symbol	Grade	Weight in XMA	Weight in ZEO	Overlap

XMA Overweight 8 Positions Relative to ZEO

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

XMA Underweight 10 Positions Relative to ZEO

	Symbol	Grade	Weight
	CVE	B	-9.81%
	IMO	B	-9.31%
	MEG	B	-9.29%
	SU	B	-9.28%
	CNQ	B	-9.23%
	TOU	B	-8.95%
	KEY	B	-8.94%
	ARX	B	-8.9%
	ENB	A	-8.74%
	TRP	C	-8.66%

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

ZEO: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Integrated Oil & Gas Midstream

Keywords: Natural Gas Oil Crude Oil Petroleum Energy Liquids Marketing Oil Sands Pipe Pipeline Petroleum Industry S&P/Tsx 60 Index Transport Natural Gas Liquids Petroleum Geology Petroleum Industry In Canada Dow Integrated Transportation Athabasca