VRE vs. NDIV ETF Comparison

Comparison of Vanguard FTSE Canadian Capped REIT Index ETF (VRE) to Nbi Canadian Dividend Income ETF (NDIV)

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

$28.38

Average Daily Volume

5,976

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

NDIV

Nbi Canadian Dividend Income ETF

NDIV Description

The NBI Canadian Dividend Income ETF’s investment objective is to maximize the potential for long-term capital growth and to generate sustained dividend income. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies that pay dividends.

Grade (RS Rating)

Last Trade

$30.93

Average Daily Volume

2,122

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	VRE	NDIV
30 Days	-1.29%	1.58%
60 Days	-6.86%	2.42%
90 Days	-5.71%	4.85%
12 Months	-3.14%	5.92%

0 Overlapping Holdings

	Symbol	Grade	Weight in VRE	Weight in NDIV	Overlap

VRE Overweight 9 Positions Relative to NDIV

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

VRE Underweight 7 Positions Relative to NDIV

	Symbol	Grade	Weight
	ENB	B	-6.83%
	CNQ	C	-6.56%
	CNR	D	-5.09%
	BAM	D	-4.59%
	WSP	D	-4.0%
	QBR.B	D	-4.0%
	NA	B	-3.99%

VRE: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Industrial Real Estate Services REIT - Healthcare Facilities Rental & Leasing Services

Keywords: Real Estate Real Estate Investment Trust Investment Trust Real Estate Investment Colliers International Financial Industrial Real Estate Open Ended Real Estate Investment Trust Residential Retail Riocan Real Estate Investment Trust Trust Law Acquisitions Advisory Services Apartment Asset Management Asset Management Services Assisted Living Balance Sheet Ball

NDIV: Top Represented Industries & Keywords

Industries: Asset Management Banks - Global Engineering & Construction Oil & Gas E&P Oil & Gas Midstream Railroads Telecom Services

Keywords: Energy Oil S&P/Tsx 60 Index Transport Transportation Commodity Crude Oil Energy Industry Liquids Marketing Mining Mobile Natural Gas Natural Gas Liquids Oil Sands Pipe Pipeline Water Alabama Asset And Liability Management