XRE vs. ZUT ETF Comparison

Comparison of iShares S&P/TSX Capped REIT Index ETF (XRE) to BMO Equal Weight Utilities Index ETF (ZUT)

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

$15.03

Average Daily Volume

345,060

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ZUT

BMO Equal Weight Utilities Index ETF

ZUT Description

BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index

Grade (RS Rating)

Last Trade

$20.38

Average Daily Volume

81,246

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XRE	ZUT
30 Days	1.03%	10.22%
60 Days	-2.98%	6.76%
90 Days	-4.77%	6.18%
12 Months	-5.28%	-9.82%

0 Overlapping Holdings

	Symbol	Grade	Weight in XRE	Weight in ZUT	Overlap

XRE Overweight 9 Positions Relative to ZUT

Symbol	Grade	Weight
CAR.UN	D	15.7%
REI.UN	F	11.44%
GRT.UN	F	9.41%
CHP.UN	D	7.74%
DIR.UN	C	7.41%
FCR.UN	C	6.86%
BEI.UN	D	6.27%
HR.UN	B	5.15%
AP.UN	F	4.74%

XRE Underweight 9 Positions Relative to ZUT

Symbol	Grade	Weight
ALA	A	-7.54%
BIP.UN	C	-7.53%
CU	B	-7.25%
AQN	B	-7.24%
FTS	A	-7.23%
CPX	B	-7.14%
EMA	B	-7.14%
BEP.UN	B	-7.11%
H	C	-6.97%