VRE vs. FQC ETF Comparison

Comparison of Vanguard FTSE Canadian Capped REIT Index ETF (VRE) to First Asset MSCI Canada Quality Index Class ETF (FQC)

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

$29.34

Average Daily Volume

5,957

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FQC

First Asset MSCI Canada Quality Index Class ETF

FQC Description

The First Asset ETF’s investment objective is to replicate, to the extent possible, the performance of the MSCI Canada Quality Index (CAD), net of expenses. The MSCI Canada Quality Index (CAD) is based on the MSCI Canada Index, its parent index, which includes large and mid-cap stocks of the Canadian equity market.

Grade (RS Rating)

Last Trade

$34.96

Average Daily Volume

841

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRE	FQC
30 Days	3.02%	0.87%
60 Days	-2.75%	7.83%
90 Days	-4.83%	10.35%
12 Months	-0.20%	16.61%

0 Overlapping Holdings

	Symbol	Grade	Weight in VRE	Weight in FQC	Overlap

VRE Overweight 9 Positions Relative to FQC

Symbol	Grade	Weight
FSV	F	13.4%
CAR.UN	D	12.36%
REI.UN	F	9.02%
CIGI	C	7.73%
GRT.UN	F	7.02%
CHP.UN	D	5.76%
FCR.UN	D	5.41%
DIR.UN	C	5.4%
CSH.UN	C	5.16%

VRE Underweight 10 Positions Relative to FQC

Symbol	Grade	Weight
MFC	A	-5.68%
CSU	C	-5.54%
CP	D	-5.48%
CNR	D	-5.22%
GIB.A	D	-5.21%
IFC	B	-5.02%
ARX	B	-5.0%
ATD	F	-4.99%
SLF	D	-4.83%
BAM	C	-4.82%