XRE vs. VRE ETF Comparison

Comparison of iShares S&P/TSX Capped REIT Index ETF (XRE) to Vanguard FTSE Canadian Capped REIT Index ETF (VRE)

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

$14.74

Average Daily Volume

408,291

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VRE

Vanguard FTSE Canadian Capped REIT Index ETF

VRE Description

The ETF seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad Canadian real estate equity index that measures the investment return of publicly traded securities in the Canadian real estate sector. Currently, this Vanguard ETF seeks to track the FTSE Canada All Cap Real Estate Capped 25% Index (or any successor thereto). It invests primarily in stocks of companies in the Canadian real estate sector.

Grade (RS Rating)

Last Trade

$28.73

Average Daily Volume

6,483

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XRE	VRE
30 Days	-4.63%	-4.27%
60 Days	-7.15%	-6.29%
90 Days	-6.23%	-5.83%
12 Months	-9.56%	-4.61%

6 Overlapping Holdings

Symbol	Grade	Weight in XRE	Weight in VRE	Overlap
BEI.UN	C	6.46%	5.08%	5.08%
CAR.UN	F	15.91%	12.56%	12.56%
CHP.UN	D	7.66%	5.72%	5.72%
DIR.UN	D	7.35%	5.38%	5.38%
GRT.UN	D	9.99%	7.48%	7.48%
REI.UN	D	11.31%	8.95%	8.95%

XRE Overweight 2 Positions Relative to VRE

	Symbol	Grade	Weight
	HR.UN	F	4.95%
	AP.UN	F	4.62%

XRE Underweight 3 Positions Relative to VRE

Symbol	Grade	Weight
FSV	D	-13.93%
CIGI	D	-8.37%
TCN	A	-5.93%