VRE vs. BNC ETF Comparison

Comparison of Vanguard FTSE Canadian Capped REIT Index ETF (VRE) to Purpose Canadian Financial Income Fund Series ETF (BNC)

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

$33.18

Average Daily Volume

8,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNC

Purpose Canadian Financial Income Fund Series ETF

BNC Description

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.

Grade (RS Rating)

Last Trade

$27.59

Average Daily Volume

276

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRE	BNC
30 Days	-4.46%
60 Days	-0.51%
90 Days	5.10%
12 Months	22.91%

0 Overlapping Holdings

	Symbol	Grade	Weight in VRE	Weight in BNC	Overlap

VRE Overweight 10 Positions Relative to BNC

Symbol	Grade	Weight
FSV	A	14.22%
CAR.UN	F	13.2%
CIGI	A	12.77%
REI.UN	D	8.76%
GRT.UN	D	7.41%
CHP.UN	D	6.01%
CSH.UN	B	6.01%
FCR.UN	D	5.71%
DIR.UN	D	5.68%
BEI.UN	F	5.01%

VRE Underweight 8 Positions Relative to BNC

Symbol	Grade	Weight
CM	A	-12.39%
NA	A	-12.02%
BNS	B	-11.89%
IAG	B	-9.26%
GWO	A	-9.09%
SLF	B	-7.59%
MFC	B	-7.21%
BMO	A	-6.68%

BNC: Top Represented Industries & Keywords

Industries: Banks - Global Insurance - Diversified Insurance - Life