VRE vs. XRE ETF Comparison

Comparison of Vanguard FTSE Canadian Capped REIT Index ETF (VRE) to iShares S&P/TSX Capped REIT Index ETF (XRE)

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

$28.75

Average Daily Volume

6,426

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

$14.80

Average Daily Volume

396,578

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRE	XRE
30 Days	-5.52%	-5.58%
60 Days	-5.18%	-5.12%
90 Days	-5.77%	-5.85%
12 Months	-5.52%	-9.75%

6 Overlapping Holdings

Symbol	Grade	Weight in VRE	Weight in XRE	Overlap
BEI.UN	C	5.08%	6.46%	5.08%
CAR.UN	D	12.56%	15.91%	12.56%
CHP.UN	D	5.72%	7.66%	5.72%
DIR.UN	F	5.38%	7.35%	5.38%
GRT.UN	F	7.48%	9.99%	7.48%
REI.UN	F	8.95%	11.31%	8.95%

VRE Overweight 3 Positions Relative to XRE

Symbol	Grade	Weight
FSV	D	13.93%
CIGI	F	8.37%
TCN	A	5.93%

VRE Underweight 2 Positions Relative to XRE

	Symbol	Grade	Weight
	HR.UN	F	-4.95%
	AP.UN	D	-4.62%