ZBAL vs. XRE ETF Comparison

Comparison of BMO Balanced ETF (ZBAL) to iShares S&P/TSX Capped REIT Index ETF (XRE)

ZBAL

BMO Balanced ETF

ZBAL Description

BMO Balanced ETF seeks to provide a balance of income and potential for long-term capitalappreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio ofglobal equity and fixed income securities.

Grade (RS Rating)

Last Trade

$37.33

Average Daily Volume

4,390

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$15.22

Average Daily Volume

372,228

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZBAL	XRE
30 Days	0.70%	-2.90%
60 Days	0.92%	-3.29%
90 Days	3.67%	-3.42%
12 Months	9.79%	-5.61%

0 Overlapping Holdings

	Symbol	Grade	Weight in ZBAL	Weight in XRE	Overlap

ZBAL Overweight 9 Positions Relative to XRE

Symbol	Grade	Weight
ZAG	C	26.86%
ZSP	A	24.57%
ZCN	A	15.91%
ZEA	A	13.15%
ZGB	C	7.67%
ZEM	A	5.74%
ZMU	C	3.86%
ZMID	A	1.56%
ZSML	A	0.69%

ZBAL Underweight 9 Positions Relative to XRE

Symbol	Grade	Weight
CAR.UN	D	-15.91%
REI.UN	D	-11.31%
GRT.UN	D	-9.99%
CHP.UN	D	-7.66%
DIR.UN	D	-7.35%
FCR.UN	C	-6.81%
BEI.UN	C	-6.46%
HR.UN	C	-4.95%
AP.UN	D	-4.62%

ZBAL: Top Represented Industries & Keywords

Industries: