ZWB vs. BNC ETF Comparison

Comparison of BMO Covered Call Canadian Banks ETF (ZWB) to Purpose Canadian Financial Income Fund Series ETF (BNC)

ZWB

BMO Covered Call Canadian Banks ETF

ZWB Description

BMO Covered Call Canadian Banks ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options.

Grade (RS Rating)

Last Trade

$20.12

Average Daily Volume

119,979

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

BNC

Purpose Canadian Financial Income Fund Series ETF

BNC Description

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.

Grade (RS Rating)

Last Trade

$29.52

Average Daily Volume

1,270

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	ZWB	BNC
30 Days	2.81%	5.21%
60 Days	3.56%
90 Days	8.89%
12 Months	21.94%

4 Overlapping Holdings

	Symbol	Grade	Weight in ZWB	Weight in BNC	Overlap
	BMO	A	12.04%	6.68%	6.68%
	BNS	A	12.15%	11.89%	11.89%
	CM	A	11.93%	12.39%	11.93%
	NA	A	12.0%	12.02%	12.0%

ZWB Overweight 0 Positions Relative to BNC

	Symbol	Grade	Weight

ZWB Underweight 4 Positions Relative to BNC

	Symbol	Grade	Weight
	IAG	A	-9.26%
	GWO	A	-9.09%
	SLF	A	-7.59%
	MFC	A	-7.21%

ZWB: Top Represented Industries & Keywords

Industries: Banks - Global

Keywords: Bank Banking Financial Services Investment Banking Financial ING Group Wealth Management Banking Products Capital Market Capital Markets Economic History Of Italy Government Insurance Integrated Investment Banks Investment Solutions National Bank Of Canada Retail S&P/Tsx 60 Index Td Securities

BNC: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life

Keywords: Financial Services Financial Insurance Asset Management Bank Banking Investment Banking S&P/Tsx 60 Index Wealth Management Health ING Group Reinsurance Retail Banking Products Capital Market Capital Markets Credit Economic History Of Italy Financial Products Government