BBRE vs. REIT ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to ALPS Active REIT ETF (REIT)

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

$100.43

Average Daily Volume

36,489

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.07

Average Daily Volume

11,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	REIT
30 Days	-0.12%	0.00%
60 Days	-1.15%	-0.92%
90 Days	2.93%	2.40%
12 Months	29.32%	26.08%

27 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in REIT	Overlap
ADC	B	0.6%	1.49%	0.6%
AVB	B	2.78%	3.05%	2.78%
COLD	D	0.54%	1.69%	0.54%
CUZ	B	0.42%	3.05%	0.42%
DLR	B	4.57%	3.39%	3.39%
DOC	D	1.3%	3.99%	1.3%
ELS	C	1.09%	2.54%	1.09%
EPRT	B	0.42%	2.65%	0.42%
EQIX	A	7.34%	9.08%	7.34%
EQR	B	2.27%	3.45%	2.27%
EXR	D	3.02%	3.82%	3.02%
FR	C	0.61%	4.0%	0.61%
HST	C	1.09%	3.03%	1.09%
INVH	D	1.8%	3.86%	1.8%
IRM	D	2.95%	2.01%	2.01%
IVT	B	0.21%	2.21%	0.21%
KRC	C	0.36%	2.33%	0.36%
LXP	D	0.23%	1.77%	0.23%
MAC	B	0.37%	2.65%	0.37%
O	D	3.75%	3.63%	3.63%
PLD	D	8.9%	5.57%	5.57%
PSA	D	4.27%	4.82%	4.27%
SBRA	C	0.38%	2.77%	0.38%
SPG	B	4.49%	4.49%	4.49%
UDR	B	1.26%	3.12%	1.26%
VICI	C	2.7%	4.76%	2.7%
WELL	A	6.17%	5.01%	5.01%

BBRE Overweight 87 Positions Relative to REIT

Symbol	Grade	Weight
VTR	C	2.24%
ESS	B	1.7%
MAA	B	1.59%
KIM	A	1.47%
ARE	D	1.42%
SUI	D	1.37%
GLPI	C	1.14%
REG	B	1.09%
CPT	B	1.07%
BXP	D	1.04%
AMH	D	1.04%
WPC	D	1.03%
CUBE	D	0.95%
OHI	C	0.82%
BRX	A	0.78%
FRT	B	0.73%
REXR	F	0.69%
NNN	D	0.69%
EGP	F	0.65%
VNO	B	0.59%
STAG	F	0.57%
KRG	B	0.53%
RHP	B	0.52%
SLG	B	0.45%
IRT	A	0.42%
TRNO	F	0.4%
PECO	A	0.4%
NSA	D	0.34%
SKT	B	0.34%
CDP	C	0.31%
DEI	B	0.3%
EPR	D	0.3%
APLE	B	0.3%
HIW	D	0.3%
NHI	D	0.3%
PK	B	0.28%
CTRE	D	0.27%
BNL	D	0.26%
IIPR	D	0.26%
UE	C	0.24%
MPW	F	0.23%
AKR	B	0.22%
FCPT	C	0.22%
ROIC	A	0.2%
EQC	B	0.2%
SHO	C	0.19%
DRH	B	0.17%
JBGS	D	0.15%
PEB	D	0.15%
XHR	B	0.15%
ESRT	C	0.14%
RLJ	C	0.14%
LTC	B	0.14%
ELME	D	0.13%
GNL	F	0.13%
ALEX	C	0.13%
VRE	B	0.13%
AAT	B	0.13%
GTY	B	0.12%
AIV	C	0.12%
PDM	D	0.11%
UMH	C	0.1%
DEA	D	0.1%
NXRT	B	0.1%
CSR	B	0.1%
BDN	C	0.09%
PLYM	F	0.08%
PGRE	F	0.08%
AHH	D	0.08%
NTST	D	0.08%
GOOD	B	0.07%
WSR	A	0.07%
BFS	C	0.06%
INN	D	0.06%
FPI	B	0.06%
OLP	B	0.05%
ALX	D	0.05%
UHT	D	0.05%
GMRE	F	0.05%
LAND	F	0.04%
CBL	A	0.04%
SVC	F	0.04%
CLDT	B	0.04%
CHCT	C	0.04%
HPP	F	0.04%
DHC	F	0.03%
PKST	D	0.03%

BBRE Underweight 1 Positions Relative to REIT

	Symbol	Grade	Weight
	AMT	D	-0.99%