BBRE vs. IYR ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to iShares U.S. Real Estate ETF (IYR)

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

$99.56

Average Daily Volume

36,691

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

IYR

iShares U.S. Real Estate ETF

IYR Description

The investment seeks to track the investment results of an index composed of U.S. equities in the real estate sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Real Estate Index (the "underlying index"), which measures the performance of the real estate sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include real estate investment trusts ("REITs").

Grade (RS Rating)

Last Trade

$99.12

Average Daily Volume

5,427,693

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	IYR
30 Days	-1.69%	-2.77%
60 Days	-0.87%	-2.41%
90 Days	4.37%	3.23%
12 Months	28.19%	23.48%

44 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in IYR	Overlap
ADC	A	0.6%	0.57%	0.57%
AMH	C	1.04%	0.89%	0.89%
ARE	F	1.48%	1.23%	1.23%
AVB	B	2.82%	2.44%	2.44%
BRX	A	0.76%	0.65%	0.65%
BXP	D	1.04%	0.86%	0.86%
COLD	F	0.54%	0.43%	0.43%
CPT	C	1.07%	0.96%	0.96%
CUBE	C	0.94%	0.82%	0.82%
CUZ	B	0.42%	0.35%	0.35%
DLR	A	4.55%	4.14%	4.14%
DOC	D	1.33%	1.1%	1.1%
EGP	D	0.67%	0.63%	0.63%
ELS	B	1.12%	0.99%	0.99%
EQIX	A	7.26%	6.31%	6.31%
EQR	C	2.25%	1.88%	1.88%
ESS	A	1.71%	1.45%	1.45%
EXR	C	2.99%	2.61%	2.61%
FR	C	0.62%	0.52%	0.52%
FRT	B	0.73%	0.64%	0.64%
GLPI	C	1.11%	1.01%	1.01%
HST	D	1.13%	0.91%	0.91%
INVH	D	1.79%	1.44%	1.44%
IRM	C	2.92%	2.52%	2.52%
KIM	A	1.46%	1.26%	1.26%
KRC	C	0.37%	0.31%	0.31%
MAA	A	1.62%	1.38%	1.38%
NNN	C	0.67%	0.58%	0.58%
O	C	3.78%	3.69%	3.69%
OHI	B	0.85%	0.77%	0.77%
PLD	D	8.82%	7.78%	7.78%
PSA	C	4.26%	3.95%	3.95%
REG	A	1.08%	0.9%	0.9%
REXR	F	0.67%	0.69%	0.67%
SBRA	B	0.4%	0.32%	0.32%
SPG	A	4.71%	4.14%	4.14%
STAG	D	0.58%	0.5%	0.5%
SUI	C	1.35%	1.1%	1.1%
UDR	C	1.27%	1.0%	1.0%
VICI	C	2.63%	2.48%	2.48%
VNO	C	0.62%	0.51%	0.51%
VTR	B	2.26%	1.97%	1.97%
WELL	A	6.14%	4.84%	4.84%
WPC	C	1.01%	0.91%	0.91%

BBRE Overweight 70 Positions Relative to IYR

Symbol	Grade	Weight
RHP	B	0.53%
KRG	A	0.53%
SLG	B	0.45%
EPRT	A	0.42%
PECO	A	0.41%
IRT	A	0.41%
TRNO	D	0.41%
MAC	A	0.37%
SKT	A	0.34%
NSA	C	0.33%
CDP	C	0.32%
APLE	B	0.31%
NHI	D	0.31%
PK	D	0.3%
EPR	D	0.3%
HIW	D	0.3%
DEI	B	0.29%
BNL	D	0.27%
CTRE	C	0.27%
IIPR	F	0.26%
UE	A	0.25%
MPW	F	0.23%
LXP	D	0.23%
IVT	A	0.21%
FCPT	C	0.21%
AKR	A	0.21%
EQC	A	0.2%
SHO	D	0.2%
ROIC	A	0.19%
DRH	B	0.17%
XHR	B	0.16%
PEB	F	0.15%
ELME	D	0.14%
JBGS	F	0.14%
LTC	B	0.14%
RLJ	C	0.14%
VRE	A	0.13%
ALEX	B	0.13%
AAT	A	0.13%
GNL	D	0.13%
ESRT	C	0.13%
GTY	A	0.12%
AIV	C	0.12%
PDM	D	0.11%
UMH	A	0.1%
NXRT	A	0.1%
CSR	A	0.1%
DEA	D	0.1%
PLYM	F	0.08%
NTST	D	0.08%
AHH	D	0.08%
BDN	C	0.08%
PGRE	D	0.08%
INN	D	0.07%
GOOD	A	0.07%
WSR	A	0.07%
BFS	C	0.06%
FPI	A	0.06%
OLP	A	0.05%
ALX	D	0.05%
GMRE	F	0.05%
HPP	F	0.05%
UHT	D	0.05%
CBL	A	0.04%
LAND	F	0.04%
CLDT	C	0.04%
CHCT	C	0.04%
SVC	F	0.04%
DHC	F	0.03%
PKST	F	0.03%

BBRE Underweight 20 Positions Relative to IYR

Symbol	Grade	Weight
AMT	D	-6.8%
CCI	C	-3.38%
CBRE	B	-2.94%
CSGP	F	-2.19%
SBAC	D	-1.78%
WY	D	-1.69%
JLL	D	-0.93%
LAMR	D	-0.83%
Z	A	-0.82%
NLY	C	-0.74%
AGNC	C	-0.56%
HR	C	-0.48%
STWD	C	-0.46%
RITM	D	-0.42%
RYN	D	-0.3%
ZG	A	-0.29%
LINE	F	-0.28%
PCH	D	-0.23%
HHH	B	-0.18%
SEG	B	-0.02%