ZFC vs. QXM ETF Comparison

Comparison of BMO SIA Focused Canadian Equity Fund (ZFC) to First Asset Morningstar National Bank Quebec Index ETF (QXM)

ZFC

BMO SIA Focused Canadian Equity Fund

ZFC Description

This fund’s objective is to provide long-term capital growth by investing primarily in a portfolio of Canadian equities.

Grade (RS Rating)

Last Trade

$46.23

Average Daily Volume

738

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$32.18

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZFC	QXM
30 Days	3.31%	2.84%
60 Days	7.91%	6.77%
90 Days	10.07%	9.90%
12 Months	14.83%	25.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in ZFC	Weight in QXM	Overlap
	DOL	B	6.66%	5.17%	5.17%
	GIL	A	6.95%	4.8%	4.8%

ZFC Overweight 7 Positions Relative to QXM

Symbol	Grade	Weight
SES	B	6.83%
CIGI	D	6.79%
WPM	C	6.78%
CEU	A	6.77%
K	C	6.7%
CM	A	6.64%
L	B	6.6%

ZFC Underweight 8 Positions Relative to QXM

Symbol	Grade	Weight
ATRL	A	-5.21%
WSP	C	-5.15%
NA	A	-5.09%
POW	A	-5.05%
TFII	B	-5.02%
ATD	B	-4.89%
GIB.A	C	-4.89%
MRU	A	-4.83%

ZFC: Top Represented Industries & Keywords

Industries: Oil & Gas Equipment & Services Apparel Manufacturing Banks - Global Discount Stores Gold Grocery Stores Real Estate Services Silver

QXM: Top Represented Industries & Keywords

Industries: Engineering & Construction Apparel Manufacturing Banks - Global Discount Stores Grocery Stores Information Technology Services Insurance - Life Specialty Retail Trucking