MREL vs. XIT ETF Comparison

Comparison of Middlefield Real Estate Dividend ETF (MREL) to iShares S&P/TSX Capped Information Technology Index ETF (XIT)

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

$11.30

Average Daily Volume

8,903

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XIT

iShares S&P/TSX Capped Information Technology Index ETF

XIT Description

iShares S&P/TSX Capped Information Technology Index Fund, is a Canada-based fund that seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Capped Information Technology Index (the Index) through investments in the constituent issuers of such Index. The index is comprised of constituents of the S&P/TSX Composite Index in GICS Sector 45- Information Technology. Constituents are capped at 25% weight. The Index is provided by Standard & Poors (S&P). CGI Group Inc. Class A, Open Text Corporation, Constellation Software Inc., Blackberry Ltd, Dh Corp are few of the fund’s top holdings. The Fund is managed by BlackRock Asset Management Canada Limited.

Grade (RS Rating)

Last Trade

$51.67

Average Daily Volume

15,440

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MREL	XIT
30 Days	-5.68%	-5.30%
60 Days	-6.22%	-6.80%
90 Days	-6.69%	-5.71%
12 Months	-7.53%	24.30%

0 Overlapping Holdings

	Symbol	Grade	Weight in MREL	Weight in XIT	Overlap

MREL Overweight 8 Positions Relative to XIT

Symbol	Grade	Weight
REI.UN	F	6.84%
CAR.UN	F	6.43%
BEI.UN	D	6.2%
GRT.UN	F	5.87%
DIR.UN	D	4.24%
CHP.UN	D	3.81%
KMP.UN	D	3.48%
FCR.UN	D	3.23%

MREL Underweight 9 Positions Relative to XIT

Symbol	Grade	Weight
CSU	D	-24.34%
GIB.A	D	-18.99%
OTEX	D	-8.8%
DSG	A	-6.49%
CLS	C	-4.46%
KXS	C	-2.7%
LSPD	D	-1.62%
BB	B	-1.2%
ENGH	F	-0.81%

MREL: Top Represented Industries & Keywords

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