QXM vs. XRE ETF Comparison

Comparison of First Asset Morningstar National Bank Quebec Index ETF (QXM) to iShares S&P/TSX Capped REIT Index ETF (XRE)

QXM

First Asset Morningstar National Bank Quebec Index ETF

QXM Description

The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® National Bank Québec Index™, net of expenses. The ETF invests in equity securities of issuers with a minimum float capitalization of $150 million and which are headquartered in the Province of Québec.

Grade (RS Rating)

Last Trade

$28.12

Average Daily Volume

1,711

Number of Holdings ^*

* 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

$14.51

Average Daily Volume

281,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QXM	XRE
30 Days	-0.54%	-2.14%
60 Days	3.13%	-1.14%
90 Days	0.49%	-6.66%
12 Months	11.89%	-2.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in QXM	Weight in XRE	Overlap

QXM Overweight 10 Positions Relative to XRE

Symbol	Grade	Weight
DOL	A	6.31%
ATD	B	5.24%
POW	C	5.17%
BCE	D	5.13%
NA	C	5.07%
MRU	A	5.01%
WSP	B	4.83%
CNR	D	4.82%
ATRL	A	4.58%
GIB.A	D	4.51%

QXM Underweight 9 Positions Relative to XRE

Symbol	Grade	Weight
CAR.UN	C	-16.33%
REI.UN	F	-11.33%
GRT.UN	D	-9.32%
CHP.UN	D	-7.55%
DIR.UN	D	-7.32%
FCR.UN	D	-6.66%
BEI.UN	D	-6.23%
HR.UN	F	-5.26%
AP.UN	F	-4.72%

QXM: Top Represented Industries & Keywords

Industries: Engineering & Construction Banks - Global Discount Stores Grocery Stores Information Technology Services Insurance - Life Railroads Specialty Retail Telecom Services