HBD vs. XRE ETF Comparison

Comparison of Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (HBD) to iShares S&P/TSX Capped REIT Index ETF (XRE)

HBD

Horizons BetaPro COMEX Gold Bullion Bear Plus ETF

HBD Description

Horizons BetaPro COMEX Gold Bullion Bear Plus ETF (the ETF) seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the COMEX Gold Bullion Index. ProFund Advisors LLC acts as the portfolio manager of the ETF. The Horizons BetaPro Funds are managed by BetaPro Management Inc.

Grade (RS Rating)

Last Trade

$6.47

Average Daily Volume

16,378

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

XRE

iShares S&P/TSX Capped REIT Index ETF

XRE Description

iShares S&P/TSX Capped REIT Index Fund, formerly iShares CDN S&P/TSX Capped REIT Index Fund, seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped REIT Index (the Index) through investments in the constituent issuers of such Index. The Index consists of securities of Canadian real estate investment trusts (REITs) listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$17.66

Average Daily Volume

339,375

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	HBD	XRE
30 Days	-9.96%	5.73%
60 Days	-18.06%	11.50%
90 Days	-22.01%	22.18%
12 Months	-46.75%	22.97%

0 Overlapping Holdings

	Symbol	Grade	Weight in HBD	Weight in XRE	Overlap

HBD Overweight 4 Positions Relative to XRE

	Symbol	Grade	Weight
	IMG	C	7.64%
	IMG	C	7.64%
	K	C	6.21%
	K	C	6.21%

HBD Underweight 9 Positions Relative to XRE

	Symbol	Grade	Weight
	CAR.UN	C	-16.82%
	REI.UN	B	-10.75%
	GRT.UN	C	-9.27%
	CHP.UN	B	-7.71%
	DIR.UN	B	-7.19%
	FCR.UN	C	-7.08%
	BEI.UN	C	-6.72%
	HR.UN	B	-5.3%
	KMP.UN	C	-4.55%

HBD: Top Represented Industries & Keywords

Industries: Gold

Keywords: Gold Mines Mining Bank Extraction Fairbanks Gold Mines Gold Mining Gold Mining Properties Iamgold Kayes Region Kinross Gold Mauritania Minas Gerais Mineral Mineral Resource Properties Nye Nye County Sadiola Suri

XRE: Top Represented Industries & Keywords

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

Keywords: Real Estate Real Estate Investment Trust Investment Trust Real Estate Investment Open Ended Real Estate Investment Trust Residential Apartment Retail Dream Office Real Estate Investment Trust Industrial Real Estate Limited Partnership Partnership Renovation Riocan Real Estate Investment Trust Trust Law Acquisitions Active Management Atlantic Canada Balance Sheet Ball