BBRE vs. RWO ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to SPDR DJ Wilshire Global Real Estate ETF (RWO)

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

$100.16

Average Daily Volume

23,810

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

RWO

SPDR DJ Wilshire Global Real Estate ETF

RWO Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the Dow Jones Global Select Real Estate Securities Indexsm. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index designed to measure the performance of publicly traded global real estate securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.31

Average Daily Volume

148,721

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	RWO
30 Days	1.85%	2.47%
60 Days	8.40%	8.09%
90 Days	15.59%	14.77%
12 Months	35.60%	30.82%

95 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in RWO	Overlap
AAT	C	0.12%	0.08%	0.08%
ADC	B	0.57%	0.48%	0.48%
AIV	C	0.13%	0.08%	0.08%
AKR	B	0.19%	0.15%	0.15%
ALEX	D	0.13%	0.09%	0.09%
AMH	D	1.07%	0.78%	0.78%
APLE	D	0.28%	0.22%	0.22%
ARE	D	1.65%	1.22%	1.22%
AVB	C	2.74%	2.08%	2.08%
BDN	A	0.08%	0.06%	0.06%
BNL	B	0.28%	0.23%	0.23%
BRX	B	0.71%	0.53%	0.53%
BXP	C	1.03%	0.75%	0.75%
CHCT	F	0.04%	0.03%	0.03%
CLDT	D	0.04%	0.03%	0.03%
COLD	D	0.66%	0.48%	0.48%
CPT	C	1.09%	0.86%	0.86%
CSR	D	0.1%	0.07%	0.07%
CTRE	B	0.26%	0.3%	0.26%
CUBE	C	1.03%	0.77%	0.77%
CUZ	C	0.39%	0.29%	0.29%
DEA	D	0.1%	0.08%	0.08%
DEI	A	0.26%	0.19%	0.19%
DHC	B	0.04%	0.05%	0.04%
DLR	C	3.99%	3.22%	3.22%
DOC	B	1.35%	1.03%	1.03%
DRH	D	0.16%	0.12%	0.12%
EGP	D	0.7%	0.59%	0.59%
ELS	D	1.09%	0.86%	0.86%
EPR	C	0.32%	0.24%	0.24%
EPRT	C	0.42%	0.39%	0.39%
EQC	D	0.19%	0.14%	0.14%
EQIX	B	6.95%	5.39%	5.39%
EQR	C	2.25%	1.64%	1.64%
ESRT	C	0.14%	0.09%	0.09%
ESS	C	1.64%	1.22%	1.22%
EXR	C	3.24%	2.42%	2.42%
FCPT	C	0.22%	0.18%	0.18%
FR	C	0.63%	0.47%	0.47%
FRT	B	0.72%	0.55%	0.55%
GMRE	C	0.06%	0.04%	0.04%
GNL	D	0.15%	0.11%	0.11%
GTY	B	0.11%	0.1%	0.1%
HIW	C	0.3%	0.23%	0.23%
HPP	F	0.06%	0.04%	0.04%
HST	D	1.11%	0.83%	0.83%
IIPR	C	0.33%	0.25%	0.25%
INN	B	0.07%	0.05%	0.05%
INVH	D	1.85%	1.29%	1.29%
IRT	C	0.4%	0.3%	0.3%
JBGS	C	0.16%	0.1%	0.1%
KIM	C	1.34%	1.0%	1.0%
KRC	C	0.35%	0.27%	0.27%
KRG	C	0.5%	0.37%	0.37%
LXP	D	0.24%	0.19%	0.19%
MAA	C	1.59%	1.2%	1.2%
MAC	B	0.33%	0.24%	0.24%
MPW	C	0.31%	0.23%	0.23%
NHI	C	0.32%	0.24%	0.24%
NNN	A	0.73%	0.57%	0.57%
NSA	C	0.36%	0.21%	0.21%
NTST	D	0.08%	0.08%	0.08%
NXRT	D	0.09%	0.07%	0.07%
O	A	4.03%	3.52%	3.52%
OHI	C	0.82%	0.67%	0.67%
PDM	C	0.11%	0.08%	0.08%
PEB	D	0.15%	0.11%	0.11%
PECO	C	0.38%	0.3%	0.3%
PGRE	D	0.08%	0.05%	0.05%
PK	D	0.28%	0.2%	0.2%
PLD	D	9.53%	7.49%	7.49%
PLYM	D	0.09%	0.06%	0.06%
PSA	C	4.51%	3.63%	3.63%
REG	B	1.03%	0.75%	0.75%
REXR	D	0.81%	0.71%	0.71%
RHP	C	0.5%	0.42%	0.42%
RLJ	D	0.14%	0.09%	0.09%
ROIC	B	0.17%	0.13%	0.13%
SHO	D	0.19%	0.14%	0.14%
SKT	A	0.29%	0.23%	0.23%
SLG	C	0.39%	0.29%	0.29%
SPG	A	4.34%	3.29%	3.29%
STAG	D	0.6%	0.46%	0.46%
SUI	C	1.45%	1.03%	1.03%
SVC	F	0.07%	0.05%	0.05%
TRNO	D	0.44%	0.42%	0.42%
UDR	C	1.27%	0.88%	0.88%
UE	B	0.22%	0.16%	0.16%
UHT	C	0.06%	0.04%	0.04%
UMH	C	0.09%	0.08%	0.08%
VNO	B	0.55%	0.41%	0.41%
VTR	B	2.21%	1.7%	1.7%
WELL	B	5.67%	4.73%	4.73%
WPC	C	1.11%	0.89%	0.89%
XHR	C	0.15%	0.1%	0.1%

BBRE Overweight 16 Positions Relative to RWO

Symbol	Grade	Weight
IRM	B	2.96%
VICI	C	2.71%
GLPI	B	1.11%
SBRA	C	0.37%
IVT	B	0.17%
LTC	C	0.13%
AHH	F	0.07%
BFS	B	0.06%
WSR	B	0.06%
GOOD	A	0.06%
FPI	D	0.05%
ALX	C	0.05%
LAND	D	0.04%
OLP	C	0.04%
PKST	D	0.03%
CBL	D	0.03%

BBRE Underweight 2 Positions Relative to RWO

	Symbol	Grade	Weight
	KW	C	-0.08%
	SRG	F	-0.01%