BBRE vs. RWR ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to SPDR DJ Wilshire REIT ETF (RWR)

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

$101.53

Average Daily Volume

19,580

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

RWR

SPDR DJ Wilshire REIT ETF

RWR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Dow Jones U.S. Select REIT Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to provide a measure of real estate securities that serve as proxies for direct real estate investing, in part by excluding securities whose value is not always closely tied to the value of the underlying real estate. It is non-diversified.

Grade (RS Rating)

Last Trade

$107.56

Average Daily Volume

223,055

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	RWR
30 Days	6.23%	6.16%
60 Days	9.86%	9.53%
90 Days	17.59%	17.20%
12 Months	27.05%	26.34%

94 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in RWR	Overlap
AAT	B	0.12%	0.11%	0.11%
ADC	C	0.59%	0.69%	0.59%
AIV	B	0.12%	0.11%	0.11%
AKR	C	0.19%	0.21%	0.19%
AMH	C	1.1%	1.19%	1.1%
APLE	D	0.27%	0.28%	0.27%
ARE	B	1.61%	1.71%	1.61%
AVB	B	2.77%	2.9%	2.77%
BDN	B	0.08%	0.06%	0.06%
BNL	B	0.28%	0.31%	0.28%
BRX	B	0.71%	0.75%	0.71%
BXP	B	0.96%	1.02%	0.96%
CHCT	F	0.04%	0.03%	0.03%
CLDT	D	0.04%	0.03%	0.03%
COLD	D	0.68%	0.69%	0.68%
CPT	B	1.08%	1.17%	1.08%
CSR	B	0.1%	0.09%	0.09%
CTRE	B	0.26%	0.4%	0.26%
CUBE	B	1.04%	1.09%	1.04%
CUZ	B	0.38%	0.4%	0.38%
DEA	B	0.11%	0.11%	0.11%
DEI	B	0.24%	0.24%	0.24%
DHC	B	0.04%	0.07%	0.04%
DLR	B	3.89%	4.47%	3.89%
DOC	C	1.33%	1.4%	1.33%
DRH	C	0.15%	0.16%	0.15%
EGP	B	0.7%	0.8%	0.7%
ELS	C	1.15%	1.27%	1.15%
EPR	B	0.31%	0.33%	0.31%
EPRT	A	0.4%	0.52%	0.4%
EQC	B	0.2%	0.2%	0.2%
EQIX	B	6.84%	6.81%	6.81%
EQR	B	2.33%	2.34%	2.33%
ESRT	B	0.13%	0.13%	0.13%
ESS	B	1.72%	1.74%	1.72%
EXR	B	3.22%	3.31%	3.22%
FCPT	A	0.22%	0.25%	0.22%
FR	C	0.65%	0.67%	0.65%
FRT	C	0.74%	0.8%	0.74%
GMRE	C	0.05%	0.05%	0.05%
GNL	B	0.15%	0.14%	0.14%
GTY	B	0.11%	0.14%	0.11%
HIW	B	0.29%	0.3%	0.29%
HPP	D	0.06%	0.05%	0.05%
HST	D	1.04%	1.09%	1.04%
IIPR	B	0.31%	0.32%	0.31%
INN	C	0.06%	0.06%	0.06%
INVH	C	1.9%	1.84%	1.84%
IRT	B	0.4%	0.42%	0.4%
JBGS	B	0.16%	0.14%	0.14%
KIM	B	1.36%	1.42%	1.36%
KRC	B	0.32%	0.34%	0.32%
KRG	B	0.49%	0.53%	0.49%
LXP	B	0.25%	0.26%	0.25%
MAA	B	1.63%	1.72%	1.63%
MAC	B	0.29%	0.32%	0.29%
MPW	C	0.25%	0.3%	0.25%
NHI	A	0.32%	0.33%	0.32%
NNN	B	0.75%	0.8%	0.75%
NSA	B	0.36%	0.32%	0.32%
NTST	D	0.09%	0.11%	0.09%
NXRT	B	0.1%	0.08%	0.08%
O	B	4.1%	4.59%	4.1%
OHI	A	0.82%	0.89%	0.82%
PDM	B	0.11%	0.1%	0.1%
PEB	D	0.15%	0.14%	0.14%
PECO	B	0.39%	0.44%	0.39%
PGRE	C	0.08%	0.07%	0.07%
PK	D	0.27%	0.25%	0.25%
PLD	C	10.19%	10.06%	10.06%
PLYM	D	0.09%	0.08%	0.08%
PSA	B	4.56%	4.82%	4.56%
REG	C	1.09%	1.13%	1.09%
REXR	C	0.8%	0.96%	0.8%
RHP	D	0.45%	0.55%	0.45%
RLJ	D	0.13%	0.13%	0.13%
ROIC	B	0.17%	0.18%	0.17%
SHO	D	0.18%	0.19%	0.18%
SKT	B	0.28%	0.32%	0.28%
SLG	B	0.37%	0.39%	0.37%
SPG	B	4.27%	4.5%	4.27%
STAG	C	0.62%	0.66%	0.62%
SUI	B	1.51%	1.62%	1.51%
SVC	F	0.07%	0.06%	0.06%
TRNO	C	0.45%	0.59%	0.45%
UDR	B	1.28%	1.27%	1.27%
UE	B	0.21%	0.23%	0.21%
UHT	B	0.06%	0.05%	0.05%
UMH	C	0.1%	0.11%	0.1%
VNO	B	0.48%	0.52%	0.48%
VTR	C	2.24%	2.36%	2.24%
WELL	B	5.74%	6.36%	5.74%
WPC	B	1.12%	1.21%	1.12%
XHR	C	0.13%	0.13%	0.13%

BBRE Overweight 17 Positions Relative to RWR

Symbol	Grade	Weight
IRM	B	2.87%
VICI	C	2.83%
GLPI	B	1.17%
SBRA	B	0.36%
IVT	B	0.18%
ALEX	B	0.13%
LTC	B	0.13%
AHH	B	0.07%
WSR	D	0.06%
GOOD	B	0.06%
OLP	B	0.05%
FPI	D	0.05%
ALX	B	0.05%
BFS	C	0.05%
LAND	C	0.04%
PKST	C	0.03%
CBL	D	0.03%

BBRE Underweight 1 Positions Relative to RWR

	Symbol	Grade	Weight
	OPI	F	-0.01%