MREL vs. ZRE ETF Comparison

Comparison of Middlefield Real Estate Dividend ETF (MREL) to BMO Equal Weight REITs Index ETF (ZRE)

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

$11.38

Average Daily Volume

8,978

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ZRE

BMO Equal Weight REITs Index ETF

ZRE Description

BMO Equal Weight REITs Index ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian REITs index, net of expenses. Currently, the fund seeks to replicate the performance of the Solactive Equal Weight Canada REIT Index.

Grade (RS Rating)

Last Trade

$19.74

Average Daily Volume

21,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MREL	ZRE
30 Days	-5.17%	-4.41%
60 Days	-6.34%	-4.27%
90 Days	-5.72%	-6.40%
12 Months	-7.40%	-9.62%

3 Overlapping Holdings

Symbol	Grade	Weight in MREL	Weight in ZRE	Overlap
BEI.UN	C	4.71%	5.3%	4.71%
IIP.UN	D	3.37%	5.23%	3.37%
KMP.UN	D	3.56%	5.07%	3.56%

MREL Overweight 4 Positions Relative to ZRE

Symbol	Grade	Weight
DIR.UN	F	5.27%
REI.UN	F	4.92%
GRT.UN	F	4.68%
CAR.UN	D	4.61%

MREL Underweight 3 Positions Relative to ZRE

Symbol	Grade	Weight
CSH.UN	B	-5.87%
CRR.UN	D	-5.02%
CHP.UN	D	-5.0%

MREL: Top Represented Industries & Keywords

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