XRE vs. HEP ETF Comparison

Comparison of iShares S&P/TSX Capped REIT Index ETF (XRE) to Horizons Enhanced Income Gold Producers Common Class (HEP)

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

$15.66

Average Daily Volume

497,567

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

HEP

Horizons Enhanced Income Gold Producers Common Class

HEP Description

NA

Grade (RS Rating)

Last Trade

$22.30

Average Daily Volume

30,874

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	XRE	HEP
30 Days	-6.95%	0.00%
60 Days	-11.51%	0.00%
90 Days	-4.60%	0.00%
12 Months	10.38%	-19.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in XRE	Weight in HEP	Overlap

XRE Overweight 9 Positions Relative to HEP

	Symbol	Grade	Weight
	CAR.UN	D	15.45%
	REI.UN	D	11.36%
	GRT.UN	D	9.5%
	CHP.UN	D	7.69%
	FCR.UN	C	7.52%
	DIR.UN	F	7.26%
	BEI.UN	D	5.84%
	HR.UN	D	5.52%
	AP.UN	D	4.68%

XRE Underweight 6 Positions Relative to HEP

	Symbol	Grade	Weight
	OR	B	-9.71%
	FNV	C	-8.65%
	NGT	C	-8.43%
	WPM	C	-7.53%
	PAAS	B	-7.41%
	AEM	C	-6.37%

XRE: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Industrial 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

HEP: Top Represented Industries & Keywords

Industries: Gold Silver

Keywords: Gold Mining Metal S&P/Tsx 60 Index Silver Canadian Malartic Mine Copper Malartic Metals Mineral Mines Precious Metal Abitibi Abitibi Gold Belt Acquisitions Agnico Eagle Mines Limited Bank Cariboo Commodity Constancia Mine