XCS vs. ZRE ETF Comparison

Comparison of iShares S&P/TSX SmallCap Index ETF (XCS) to BMO Equal Weight REITs Index ETF (ZRE)

XCS

iShares S&P/TSX SmallCap Index ETF

XCS Description

The investment seeks to replicate, net of expenses, the S&P/TSX SmallCap Index. The index is comprised of smaller (by market capitalization) securities listed on the TSX, selected by S&P using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.

Grade (RS Rating)

Last Trade

$20.08

Average Daily Volume

9,930

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ZRE

BMO Equal Weight REITs Index ETF

ZRE Description

BMO Equal Weight REITs Index ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian REITs index, net of expenses. Currently, the fund seeks to replicate the performance of the Solactive Equal Weight Canada REIT Index.

Grade (RS Rating)

Last Trade

$20.25

Average Daily Volume

18,528

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XCS	ZRE
30 Days	4.58%	3.95%
60 Days	6.98%	-1.51%
90 Days	10.76%	-3.39%
12 Months	12.43%	-6.16%

1 Overlapping Holdings

	Symbol	Grade	Weight in XCS	Weight in ZRE	Overlap
	CSH.UN	C	1.38%	4.8%	1.38%

XCS Overweight 8 Positions Relative to ZRE

Symbol	Grade	Weight
HBM	A	1.86%
PEY	A	1.36%
ATH	D	1.26%
SES	C	1.24%
FR	B	1.21%
VET	C	1.18%
EQX	C	1.15%
ERO	A	1.14%

XCS Underweight 9 Positions Relative to ZRE

Symbol	Grade	Weight
NWH.UN	C	-5.27%
AX.UN	B	-5.01%
GRT.UN	F	-4.86%
PMZ.UN	C	-4.85%
HR.UN	B	-4.84%
DIR.UN	C	-4.83%
SGR.U	D	-4.8%
REI.UN	F	-4.79%
BEI.UN	D	-4.79%

XCS: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Copper Gold Oil & Gas Equipment & Services REIT - Healthcare Facilities Silver