XMV vs. TLV ETF Comparison

Comparison of iShares Edge MSCI Min Vol Canada Index ETF (XMV) to PowerShares S&P/TSX Composite Low Volatility Index ETF (TLV)

XMV

iShares Edge MSCI Min Vol Canada Index ETF

XMV Description

The investment seeks to replicate, net of expense, the MSCI Canada Minimum Volatility Index CAD. The fund will primarily invest in securities that consists of the underlying index. The index measures the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in Canada that have lower volatility relative to the equity securities included in the MSCI Canada Index.

Grade (RS Rating)

Last Trade

$45.55

Average Daily Volume

3,003

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

TLV

PowerShares S&P/TSX Composite Low Volatility Index ETF

TLV Description

TLV seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P/TSX Composite Low Volatility Index, or any successor thereto. This Invesco ETF invests, directly or indirectly, primarily in Canadian equity securities.

Grade (RS Rating)

Last Trade

$33.03

Average Daily Volume

2,920

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	XMV	TLV
30 Days	2.80%	3.57%
60 Days	4.98%	5.93%
90 Days	10.56%	11.91%
12 Months	26.34%	25.19%

5 Overlapping Holdings

	Symbol	Grade	Weight in XMV	Weight in TLV	Overlap
	ENB	B	3.06%	2.24%	2.24%
	FTS	A	3.01%	2.29%	2.29%
	H	B	2.96%	2.25%	2.25%
	PPL	A	2.79%	2.45%	2.45%
	SLF	A	2.91%	2.43%	2.43%

XMV Overweight 3 Positions Relative to TLV

	Symbol	Grade	Weight
	IFC	A	3.16%
	GIB.A	C	2.96%
	L	B	2.88%

XMV Underweight 3 Positions Relative to TLV

	Symbol	Grade	Weight
	GWO	B	-2.55%
	MRU	B	-2.31%
	X	C	-2.25%

XMV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Grocery Stores Information Technology Services Insurance - Diversified Insurance - Property & Casualty

Keywords: Energy S&P/Tsx 60 Index Financial Insurance Natural Gas Transport Transportation Credit Crude Oil Electricity Financial Services Gas Utility Information Information Technology Infrastructure Liquids Natural Gas Liquids Natural Gas Processing Oil Oil Sands

TLV: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Electric Financial Exchanges Grocery Stores Insurance - Diversified Insurance - Life

Keywords: Energy Natural Gas S&P/Tsx 60 Index Asset Management Crude Oil Electricity Financial Financial Services Gas Utility Insurance Integrated Liquids Natural Gas Liquids Natural Gas Processing Oil Oil Sands Pipe Pipeline Reinsurance Transport