XCSR vs. MCLC ETF Comparison

Comparison of Ishares ESG Advanced MSCI Canada Idx ETF (XCSR) to Manulife Mltfactor CDN Large Cap Uh ETF (MCLC)

XCSR

Ishares ESG Advanced MSCI Canada Idx ETF

XCSR Description

Each iShares Fund seeks to provide long-term capital growth by replicating, to the extentpossible, the performance, net of expenses, of an ESG-oriented Index selected at thediscretion of BlackRock Canada. Each ESG-oriented Index will generally be comprised ofsecurities of issuers that meet a minimum standard for overall ESG attributes and which arenot materially involved in specified business activities or severe controversies, in each case,as determined by the Index Provider. The current Index for each iShares Fund is identifiedin this prospectus under “Investment Objectives”.

Grade (RS Rating)

Last Trade

$76.12

Average Daily Volume

3,305

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MCLC

Manulife Mltfactor CDN Large Cap Uh ETF

MCLC Description

Manulife Multifactor Canadian Large Cap Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the John Hancock Dimensional Canadian Large Cap Equity Index (CAD), or any successor thereto. Manulife Multifactor Canadian Large Cap Index ETF invests directly or indirectly primarily in large capitalization Canadian equities.

Grade (RS Rating)

Last Trade

$42.96

Average Daily Volume

827

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	XCSR	MCLC
30 Days	4.35%	3.97%
60 Days	6.90%	7.11%
90 Days	11.30%	9.40%
12 Months	31.37%	27.16%

2 Overlapping Holdings

	Symbol	Grade	Weight in XCSR	Weight in MCLC	Overlap
	BMO	A	4.85%	2.7%	2.7%
	NA	A	2.36%	3.5%	2.36%

XCSR Overweight 6 Positions Relative to MCLC

	Symbol	Grade	Weight
	SHOP	B	6.9%
	BNS	A	4.62%
	CSU	A	4.43%
	CM	A	4.3%
	AEM	C	3.14%
	IFC	A	2.48%

XCSR Underweight 6 Positions Relative to MCLC

	Symbol	Grade	Weight
	SU	A	-3.59%
	ENB	A	-3.35%
	CNQ	C	-3.06%
	BN	B	-3.02%
	CNR	D	-2.75%
	SLF	A	-2.72%

XCSR: Top Represented Industries & Keywords

Industries: Banks - Global Software - Application Gold Insurance - Property & Casualty

Keywords: Bank Banking Financial Financial Services ING Group Investment Banking S&P/Tsx 60 Index Government Insurance Integrated Retail Wealth Management Banking Products Capital Market Capital Markets Credit Economic History Of Italy Insurance Operations Investment Banks Investment Solutions

MCLC: Top Represented Industries & Keywords

Industries: Banks - Global Asset Management Insurance - Diversified Oil & Gas E&P Oil & Gas Integrated Oil & Gas Midstream Railroads

Keywords: S&P/Tsx 60 Index Marketing Crude Oil Energy Financial Financial Services Insurance Natural Gas Oil Oil Sands Retail Transport Bank Banking Commodity Energy Industry ING Group Integrated Investment Banking Liquids