XRE vs. MCSB ETF Comparison

Comparison of iShares S&P/TSX Capped REIT Index ETF (XRE) to Mackenzie CDN Short Term Fixed Inc ETF (MCSB)

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

$15.00

Average Daily Volume

368,348

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

MCSB

Mackenzie CDN Short Term Fixed Inc ETF

MCSB Description

Mackenzie Canadian Short Term Fixed Income ETF seeks to provide a steady flow of income with an emphasis on capital preservation by investing mainly in fixed-income securities issued in Canada by governments, governmentrelatedentities and corporations. Mackenzie Canadian Short Term Fixed Income ETF will generally invest in high quality fixed-income securities with relatively shorter terms to maturity.

Grade (RS Rating)

Last Trade

$19.17

Average Daily Volume

2,427

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	XRE	MCSB
30 Days	-2.00%	0.00%
60 Days	-4.68%	0.00%
90 Days	-4.40%	0.68%
12 Months	-7.25%	2.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in XRE	Weight in MCSB	Overlap
	CHP.UN	D	7.66%	1.38%	1.38%

XRE Overweight 8 Positions Relative to MCSB

	Symbol	Grade	Weight
	CAR.UN	D	15.91%
	REI.UN	D	11.31%
	GRT.UN	D	9.99%
	DIR.UN	D	7.35%
	FCR.UN	C	6.81%
	BEI.UN	C	6.46%
	HR.UN	C	4.95%
	AP.UN	F	4.62%

XRE Underweight 0 Positions Relative to MCSB

	Symbol	Grade	Weight

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

MCSB: Top Represented Industries & Keywords

Industries: REIT - Retail

Keywords: Brampton Choice Properties Reit Economy Of Toronto George Weston Limited Investment Trust Law Limited Partnership Loblaw Companies Open Ended Real Estate Investment Trust Partnership Real Estate Real Estate Investment Real Estate Investment Trust Retail Retail Properties Retail Store Riocan Real Estate Investment Trust S&P/Tsx 60 Index