BBRE vs. DRV ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to Drexion Daily Real Estate Bear 3x Shares (DRV)

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$101.38

Average Daily Volume

19,580

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

DRV

Drexion Daily Real Estate Bear 3x Shares

DRV Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.95

Average Daily Volume

174,490

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	DRV
30 Days	6.23%	-16.29%
60 Days	9.86%	-25.59%
90 Days	17.59%	-38.25%
12 Months	27.05%	-52.77%

71 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in DRV	Overlap
AAT	B	0.12%	0.18%	0.12%
ADC	C	0.59%	0.23%	0.23%
AIV	B	0.12%	0.61%	0.12%
AKR	C	0.19%	0.17%	0.17%
AMH	C	1.1%	0.56%	0.56%
APLE	D	0.27%	0.26%	0.26%
ARE	B	1.61%	1.42%	1.42%
AVB	B	2.77%	2.32%	2.32%
BDN	B	0.08%	0.21%	0.08%
BRX	B	0.71%	0.48%	0.48%
BXP	B	0.96%	1.66%	0.96%
COLD	D	0.68%	0.5%	0.5%
CPT	B	1.08%	0.82%	0.82%
CUBE	B	1.04%	0.47%	0.47%
CUZ	B	0.38%	0.47%	0.38%
DEI	B	0.24%	0.54%	0.24%
DLR	B	3.89%	2.0%	2.0%
DOC	C	1.33%	0.27%	0.27%
EGP	B	0.7%	0.39%	0.39%
ELS	C	1.15%	0.94%	0.94%
EPR	B	0.31%	0.43%	0.31%
EQC	B	0.2%	0.31%	0.2%
EQIX	B	6.84%	3.84%	3.84%
EQR	B	2.33%	2.36%	2.33%
ESS	B	1.72%	1.57%	1.57%
EXR	B	3.22%	1.1%	1.1%
FR	C	0.65%	0.42%	0.42%
FRT	C	0.74%	0.75%	0.74%
GLPI	B	1.17%	0.72%	0.72%
HIW	B	0.29%	0.4%	0.29%
HPP	D	0.06%	0.44%	0.06%
HST	D	1.04%	1.01%	1.01%
INVH	C	1.9%	1.26%	1.26%
IRM	B	2.87%	0.69%	0.69%
JBGS	B	0.16%	0.4%	0.16%
KIM	B	1.36%	0.66%	0.66%
KRC	B	0.32%	0.64%	0.32%
LXP	B	0.25%	0.18%	0.18%
MAA	B	1.63%	1.18%	1.18%
MAC	B	0.29%	0.22%	0.22%
MPW	C	0.25%	0.88%	0.25%
NHI	A	0.32%	0.28%	0.28%
NNN	B	0.75%	0.7%	0.7%
O	B	4.1%	1.87%	1.87%
OHI	A	0.82%	0.73%	0.73%
PDM	B	0.11%	0.23%	0.11%
PEB	D	0.15%	0.26%	0.15%
PGRE	C	0.08%	0.2%	0.08%
PK	D	0.27%	0.46%	0.27%
PLD	C	10.19%	4.59%	4.59%
PSA	B	4.56%	2.67%	2.67%
REG	C	1.09%	0.82%	0.82%
REXR	C	0.8%	0.4%	0.4%
RHP	D	0.45%	0.33%	0.33%
RLJ	D	0.13%	0.23%	0.13%
SBRA	B	0.36%	0.32%	0.32%
SHO	D	0.18%	0.24%	0.18%
SLG	B	0.37%	0.58%	0.37%
SPG	B	4.27%	3.51%	3.51%
STAG	C	0.62%	0.32%	0.32%
SUI	B	1.51%	1.08%	1.08%
SVC	F	0.07%	0.3%	0.07%
TRNO	C	0.45%	0.29%	0.29%
UDR	B	1.28%	1.07%	1.07%
UE	B	0.21%	0.18%	0.18%
VICI	C	2.83%	0.75%	0.75%
VNO	B	0.48%	0.89%	0.48%
VTR	C	2.24%	1.69%	1.69%
WELL	B	5.74%	2.7%	2.7%
WPC	B	1.12%	1.09%	1.09%
XHR	C	0.13%	0.18%	0.13%

BBRE Overweight 40 Positions Relative to DRV

Symbol	Grade	Weight
KRG	B	0.49%
IRT	B	0.4%
EPRT	A	0.4%
PECO	B	0.39%
NSA	B	0.36%
IIPR	B	0.31%
BNL	B	0.28%
SKT	B	0.28%
CTRE	B	0.26%
FCPT	A	0.22%
IVT	B	0.18%
ROIC	B	0.17%
GNL	B	0.15%
DRH	C	0.15%
ESRT	B	0.13%
ALEX	B	0.13%
LTC	B	0.13%
DEA	B	0.11%
GTY	B	0.11%
UMH	C	0.1%
NXRT	B	0.1%
CSR	B	0.1%
NTST	D	0.09%
PLYM	D	0.09%
AHH	B	0.07%
UHT	B	0.06%
WSR	D	0.06%
GOOD	B	0.06%
INN	C	0.06%
OLP	B	0.05%
FPI	D	0.05%
ALX	B	0.05%
GMRE	C	0.05%
BFS	C	0.05%
CHCT	F	0.04%
CLDT	D	0.04%
DHC	B	0.04%
LAND	C	0.04%
PKST	C	0.03%
CBL	D	0.03%

BBRE Underweight 12 Positions Relative to DRV

Symbol	Grade	Weight
AMT	C	-7.96%
CCI	B	-4.65%
SBAC	C	-2.2%
WY	C	-1.78%
CBRE	A	-1.5%
JLL	B	-0.68%
LAMR	A	-0.61%
OUT	B	-0.32%
RYN	C	-0.32%
KW	C	-0.23%
PCH	C	-0.23%
HASI	B	-0.17%