FCCD vs. MREL ETF Comparison

Comparison of Fidelity CDN High Div Index ETF (FCCD) to Middlefield Real Estate Dividend ETF (MREL)

FCCD

Fidelity CDN High Div Index ETF

FCCD Description

Fidelity Canadian High Dividend Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Canadian High Dividend Index. This Fidelity ETF invests primarily in dividend-paying equity securities of Canadian companies.

Grade (RS Rating)

Last Trade

$30.40

Average Daily Volume

5,581

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MREL

Middlefield Real Estate Dividend ETF

MREL Description

Middlefield Real Estate Dividend ETF is an exchange traded fund launched by Middlefield Limited. It is managed by Middlefield Capital Corporation. The fund invests in public equity markets of global region. It invests in stocks of companies operating across mortgage real estate investment trusts (reits), financials, diversified financials, equity real estate investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to benchmark the performance of its portfolio against the S&P/TSX Capped REIT Total Return Index. Middlefield Real Estate Dividend ETF was formed on April 20, 2011 and is domiciled in Canada.

Grade (RS Rating)

Last Trade

$12.59

Average Daily Volume

8,082

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	FCCD	MREL
30 Days	-0.62%	-4.55%
60 Days	2.20%	-6.95%
90 Days	5.89%	2.61%
12 Months	21.92%	11.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in FCCD	Weight in MREL	Overlap
	CSH.UN	A	4.19%	5.05%	4.19%

FCCD Overweight 7 Positions Relative to MREL

	Symbol	Grade	Weight
	ENB	A	4.61%
	SIA	C	4.46%
	CNQ	D	3.95%
	FTS	A	3.91%
	EMA	C	3.37%
	TRP	A	3.16%
	SU	A	3.03%

FCCD Underweight 6 Positions Relative to MREL

	Symbol	Grade	Weight
	CAR.UN	D	-7.25%
	REI.UN	D	-6.89%
	BEI.UN	D	-5.85%
	CHP.UN	D	-3.68%
	KMP.UN	D	-3.62%
	FCR.UN	C	-3.42%

FCCD: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Long-Term Care Facilities Oil & Gas E&P Oil & Gas Integrated REIT - Healthcare Facilities Utilities - Diversified Utilities - Regulated Electric

Keywords: Energy Natural Gas S&P/Tsx 60 Index Crude Oil Electricity Liquids Marketing Oil Oil Sands Partnership Pipe Pipeline Assisted Living Caregiving Energy Industry Energy Infrastructure Energy Segment Energy Services Gas Storage Gas Utilities

MREL: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Residential REIT - Healthcare Facilities Rental & Leasing Services

Keywords: Investment Trust Real Estate Real Estate Investment Real Estate Investment Trust Apartment Open Ended Real Estate Investment Trust Residential Renovation Retail Riocan Real Estate Investment Trust Acquisitions Assisted Living Atlantic Canada Boilers Brampton Care Services Caregiving Choice Properties Reit Diversification Dow