ZDM vs. EQCL ETF Comparison

Comparison of BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) to Horizons Enhanced All-Equity Asset Allocation Covered Call ETF (EQCL)

ZDM

BMO MSCI EAFE Hedged to CAD Index ETF

ZDM Description

The BMO MSCI EAFE Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI EAFE 100% Hedged to CAD Dollars Index, net of expenses. The Fund invests in developed markets equity, excluding Canada and the U.S. The Manager may use a sampling methodology in selecting investments for the fund. The Fund may also invest in or hold securities intended to replicate the performance of the Index. The foreign currency exposure is hedged back to the Canadian dollar. The index covers approximately 85% of the free float-adjusted market capitalization in each country. The foreign currency exposure is hedged back to the Canadian dollar.

Grade (RS Rating)

Last Trade

$30.29

Average Daily Volume

6,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EQCL

Horizons Enhanced All-Equity Asset Allocation Covered Call ETF

EQCL Description

Horizons Enhanced All-Equity Asset Allocation Covered Call ETF is an exchange traded fund launched and managed by Horizons ETFs Management (Canada) Inc. The fund invests in public equity markets of global region. It invests through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against a composite index comprising of 20% of the S&P/TSX 60 Total Return Index, 35% of the Cboe S&P 500 Half BuyWrite Index, 10% of the Cboe NASDAQ-100 Half BuyWrite V2 Index, 12.5% of the Cboe MSCI EAFE BuyWrite Index, 12.5% of the MSCI Emerging Markets Net Total Return USD Index, 5% of the Cboe MSCI Emerging Markets BuyWrite Index and 5% of the MSCI Emerging Markets Net Total Return USD Index. Horizons Enhanced All-Equity Asset Allocation Covered Call ETF was formed on October 10, 2023 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$21.76

Average Daily Volume

3,584

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZDM	EQCL
30 Days	5.69%	2.50%
60 Days	4.27%	0.69%
90 Days	7.49%	2.79%
12 Months	18.70%

0 Overlapping Holdings

	Symbol	Grade	Weight in ZDM	Weight in EQCL	Overlap

ZDM Overweight 1 Positions Relative to EQCL

	Symbol	Grade	Weight
	ZEA	A	99.96%

ZDM Underweight 4 Positions Relative to EQCL

Symbol	Grade	Weight
USCC.U	B	-43.27%
HXDM	A	-31.99%
CNCC	B	-24.24%
QQCC	B	-12.37%

ZDM: Top Represented Industries & Keywords

Industries:

Keywords: Balance Sheet Cash And Cash Equivalents Exchange Traded Funds Index Fund Money Market Msci Eafe

EQCL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds Betashares Developed Market Futures Contract Futures Roll Investor Msci Eafe Nasdaq Nasdaq 100