VRE vs. ZFC ETF Comparison

Comparison of Vanguard FTSE Canadian Capped REIT Index ETF (VRE) to BMO SIA Focused Canadian Equity Fund (ZFC)

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

ZFC

BMO SIA Focused Canadian Equity Fund

ZFC Description

This fund’s objective is to provide long-term capital growth by investing primarily in a portfolio of Canadian equities.

Grade (RS Rating)

Last Trade

$45.10

Average Daily Volume

1,000

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRE	ZFC
30 Days	-4.46%	5.66%
60 Days	-0.51%	7.41%
90 Days	5.10%	6.88%
12 Months	22.91%	19.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in VRE	Weight in ZFC	Overlap
	CIGI	A	12.77%	6.77%	6.77%

VRE Overweight 9 Positions Relative to ZFC

Symbol	Grade	Weight
FSV	A	14.22%
CAR.UN	F	13.2%
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 9 Positions Relative to ZFC

Symbol	Grade	Weight
ATZ	D	-7.03%
FFH	A	-6.84%
GIL	A	-6.71%
K	B	-6.62%
WPM	B	-6.61%
CSU	D	-6.6%
DOL	A	-6.59%
MFC	B	-6.56%
CM	A	-6.53%

ZFC: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Apparel Stores Banks - Global Discount Stores Gold Insurance - Life Insurance - Property & Casualty Real Estate Services Silver Software - Application