XRE vs. BGC ETF Comparison

Comparison of iShares S&P/TSX Capped REIT Index ETF (XRE) to Bristol Gate Concentrated Canadian Equity ETF (BGC)

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 ^*

8

* may have additional holdings in another (foreign) market

BGC

Bristol Gate Concentrated Canadian Equity ETF

BGC Description

BGC seeks to generate long-term growth of income and capital by investing primarily in a concentrated portfolio of publicly-traded equity securities of Canadian companies that pay a dividend.

Grade (RS Rating)

Last Trade

$30.80

Average Daily Volume

2,097

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	XRE	BGC
30 Days	-5.58%	-1.94%
60 Days	-5.12%	-4.61%
90 Days	-5.85%	-1.31%
12 Months	-9.75%	10.43%

0 Overlapping Holdings

	Symbol	Grade	Weight in XRE	Weight in BGC	Overlap

XRE Overweight 8 Positions Relative to BGC

	Symbol	Grade	Weight
	CAR.UN	D	15.91%
	REI.UN	F	11.31%
	GRT.UN	F	9.99%
	CHP.UN	D	7.66%
	DIR.UN	F	7.35%
	BEI.UN	C	6.46%
	HR.UN	F	4.95%
	AP.UN	D	4.62%

XRE Underweight 7 Positions Relative to BGC

	Symbol	Grade	Weight
	TIH	B	-4.79%
	T	D	-4.54%
	TRP	C	-4.51%
	CP	D	-4.46%
	IFC	B	-4.46%
	PBH	C	-4.46%
	TRI	C	-4.45%

XRE: Top Represented Industries & Keywords

Industries: REIT - Industrial REIT - Retail Diversified Industrials REIT - Healthcare Facilities REIT - Residential Rental & Leasing Services

Keywords: Real Estate Real Estate Investment Trust Investment Trust Real Estate Investment Open Ended Real Estate Investment Trust Residential Retail Riocan Real Estate Investment Trust Trust Law Apartment Dream Office Real Estate Investment Trust Industrial Real Estate Kitchen Light Limited Partnership Montreal Partnership Acquisitions Active Management Allied

BGC: Top Represented Industries & Keywords

Industries: Capital Markets Industrial Distribution Insurance - Property & Casualty Oil & Gas Midstream Packaged Foods Railroads Telecom Services

Keywords: S&P/Tsx 60 Index Energy Financial Food Information Infrastructure Law Mobile Transport Transportation Vehicle Vehicles Accounting Agriculture Analytics Bank Beverage Beverage Industry Beverage Processors Cadia