MCSB vs. VRE ETF Comparison

Comparison of Mackenzie CDN Short Term Fixed Inc ETF (MCSB) to Vanguard FTSE Canadian Capped REIT Index ETF (VRE)

MCSB

Mackenzie CDN Short Term Fixed Inc ETF

MCSB Description

Mackenzie Canadian Short Term Fixed Income ETF seeks to provide a steady flow of income with an emphasis on capital preservation by investing mainly in fixed-income securities issued in Canada by governments, governmentrelatedentities and corporations. Mackenzie Canadian Short Term Fixed Income ETF will generally invest in high quality fixed-income securities with relatively shorter terms to maturity.

Grade (RS Rating)

Last Trade

$19.15

Average Daily Volume

2,447

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

VRE

Vanguard FTSE Canadian Capped REIT Index ETF

VRE Description

The ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian real estate equity index that measures the investment return of publicly traded securities in the Canadian real estate sector. Currently, this Vanguard ETF seeks to track the FTSE Canada All Cap Real Estate Capped 25% Index (or any successor thereto). It invests primarily in stocks of companies in the Canadian real estate sector.

Grade (RS Rating)

Last Trade

$28.56

Average Daily Volume

6,113

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	MCSB	VRE
30 Days	0.31%	0.14%
60 Days	-0.47%	-5.43%
90 Days	0.58%	-5.59%
12 Months	2.83%	-1.79%

1 Overlapping Holdings

	Symbol	Grade	Weight in MCSB	Weight in VRE	Overlap
	CHP.UN	D	1.38%	5.76%	1.38%

MCSB Overweight 0 Positions Relative to VRE

	Symbol	Grade	Weight

MCSB Underweight 8 Positions Relative to VRE

	Symbol	Grade	Weight
	FSV	D	-13.4%
	CAR.UN	D	-12.36%
	REI.UN	D	-9.02%
	CIGI	D	-7.73%
	GRT.UN	F	-7.02%
	FCR.UN	D	-5.41%
	DIR.UN	D	-5.4%
	CSH.UN	C	-5.16%

MCSB: Top Represented Industries & Keywords

Industries: REIT - Retail

Keywords: Brampton Choice Properties Reit Economy Of Toronto George Weston Limited Investment Trust Law Limited Partnership Loblaw Companies Open Ended Real Estate Investment Trust Partnership Real Estate Real Estate Investment Real Estate Investment Trust Retail Retail Properties Retail Store Riocan Real Estate Investment Trust S&P/Tsx 60 Index

VRE: Top Represented Industries & Keywords

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

Keywords: Real Estate Real Estate Investment Trust Investment Trust Real Estate Investment Colliers International Financial Industrial Real Estate Open Ended Real Estate Investment Trust Residential Retail Riocan Real Estate Investment Trust Trust Law Acquisitions Advisory Services Apartment Asset Management Asset Management Services Assisted Living Balance Sheet Ball