ZEO vs. INOC ETF Comparison

Comparison of BMO S&P/TSX Equal Weight Oil & Gas Index ETF (ZEO) to Horizons Inovestor CDN Equity Index ETF (INOC)

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

INOC

Horizons Inovestor CDN Equity Index ETF

INOC Description

The fundamental investment objective of the ETF is to seek to replicate, to the extent possible, the performance of the Nasdaq Inovestor Canada Index (the “Underlying Index”), net of expenses. The Underlying Index is a large capitalization equity index of diversified constituents which are selected largely from the Canadian equity universe.

Grade (RS Rating)

Last Trade

$14.86

Average Daily Volume

1,755

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	ZEO	INOC
30 Days	-1.68%	-1.13%
60 Days	5.57%	-0.87%
90 Days	14.31%	2.27%
12 Months	22.98%	19.20%

2 Overlapping Holdings

	Symbol	Grade	Weight in ZEO	Weight in INOC	Overlap
	CNQ	B	9.23%	4.66%	4.66%
	IMO	B	9.31%	4.74%	4.74%

ZEO Overweight 8 Positions Relative to INOC

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

ZEO Underweight 7 Positions Relative to INOC

	Symbol	Grade	Weight
	TFII	D	-4.62%
	RBA	D	-4.49%
	GIL	D	-4.43%
	NA	A	-4.33%
	CP	D	-4.28%
	IFC	A	-4.03%
	QSR	C	-3.96%

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

INOC: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Banks - Global Business Services Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Integrated Railroads Restaurants Trucking

Keywords: Transport Transportation Marketing Mining Retail S&P/Tsx 60 Index Truck Crude Oil Energy Financial Freight Transport Insurance Insurance Operations Integrated Machinery Natural Gas Oil Oil Sands Petroleum Petroleum Geology