BLDG vs. SRS ETF Comparison

Comparison of Cambria Global Real Estate ETF (BLDG) to ProShares UltraShort Real Estate (SRS)

BLDG

Cambria Global Real Estate ETF

BLDG Description

The investment seeks income and capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, ?real estate companies?) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the fund?s investment adviser (?Cambria?).

Grade (RS Rating)

Last Trade

$26.31

Average Daily Volume

4,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.20

Average Daily Volume

14,942

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLDG	SRS
30 Days	-3.46%	6.58%
60 Days	-5.84%	6.11%
90 Days	1.99%	-5.18%
12 Months	11.67%	-31.67%

21 Overlapping Holdings

Symbol	Grade	Weight in BLDG	Weight in SRS	Overlap
AVB	B	1.36%	2.35%	1.36%
BDN	D	1.24%	0.22%	0.22%
BXP	D	1.34%	1.56%	1.34%
CUZ	B	1.38%	0.48%	0.48%
DEI	B	1.39%	0.54%	0.54%
HIW	D	1.27%	0.41%	0.41%
HPP	F	1.21%	0.45%	0.45%
JBGS	F	1.2%	0.37%	0.37%
KRC	C	1.53%	0.63%	0.63%
LXP	D	1.29%	0.21%	0.21%
MAC	A	1.47%	0.22%	0.22%
NHI	D	1.26%	0.29%	0.29%
NNN	C	1.12%	0.74%	0.74%
OHI	C	1.29%	0.74%	0.74%
PDM	D	1.32%	0.23%	0.23%
PGRE	D	1.42%	0.22%	0.22%
PK	D	1.45%	0.46%	0.46%
SBRA	C	1.38%	0.33%	0.33%
SLG	B	1.49%	0.58%	0.58%
WELL	A	1.35%	2.73%	1.35%
WPC	D	1.19%	1.12%	1.12%

BLDG Overweight 23 Positions Relative to SRS

Symbol	Grade	Weight
FSP	C	1.61%
ROIC	A	1.49%
WSR	A	1.44%
GOOD	B	1.43%
OLP	B	1.42%
AKR	A	1.41%
AAT	C	1.41%
LTC	B	1.39%
CSR	B	1.37%
CTO	B	1.36%
ESRT	D	1.36%
EPRT	C	1.34%
IVT	A	1.34%
CTRE	D	1.3%
PINE	D	1.3%
ALX	D	1.29%
STAG	D	1.28%
FCPT	C	1.28%
TRNO	D	1.25%
BNL	D	1.2%
CIO	F	1.19%
IIPR	F	1.06%
OPI	F	0.87%

BLDG Underweight 66 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	C	-4.7%
PLD	D	-4.64%
EQIX	A	-3.91%
SPG	A	-3.53%
PSA	C	-2.58%
EQR	C	-2.24%
SBAC	C	-2.21%
DLR	A	-2.02%
O	D	-1.94%
CSGP	F	-1.85%
WY	D	-1.8%
VTR	C	-1.71%
ESS	A	-1.59%
CBRE	B	-1.59%
ARE	F	-1.46%
DOC	D	-1.4%
INVH	D	-1.28%
MAA	A	-1.19%
EXR	C	-1.13%
SUI	D	-1.12%
NLY	C	-1.08%
UDR	C	-1.08%
HST	D	-1.0%
ELS	B	-1.0%
MPW	F	-0.9%
VNO	C	-0.83%
CPT	D	-0.83%
REG	A	-0.82%
AGNC	C	-0.77%
VICI	C	-0.76%
GLPI	C	-0.72%
FRT	C	-0.71%
IRM	D	-0.7%
JLL	C	-0.69%
KIM	A	-0.67%
LAMR	D	-0.62%
AIV	C	-0.61%
STWD	C	-0.56%
AMH	C	-0.54%
COLD	F	-0.53%
BRX	A	-0.48%
CUBE	C	-0.47%
EPR	D	-0.44%
HHH	B	-0.42%
FR	D	-0.42%
EGP	D	-0.41%
REXR	F	-0.41%
BXMT	D	-0.39%
RHP	B	-0.37%
HR	C	-0.36%
TWO	D	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	A	-0.31%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	B	-0.26%
PEB	F	-0.26%
SHO	D	-0.24%
RLJ	C	-0.23%
PCH	D	-0.23%
IVR	D	-0.19%
XHR	B	-0.18%