BYRE vs. PEZ ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to PowerShares Dynamic Consumer Discretionary (PEZ)

BYRE

Principal Real Estate Active Opportunities ETF

BYRE Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.02

Average Daily Volume

1,029

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEZ

PowerShares Dynamic Consumer Discretionary

PEZ Description

The PowerShares Dynamic Consumer Discretionary Sector Portfolio (Fund) is based on the Dynamic Consumer Discretionary Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$108.05

Average Daily Volume

2,910

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	PEZ
30 Days	-0.57%	4.67%
60 Days	-2.84%	5.09%
90 Days	0.27%	5.85%
12 Months	18.65%	52.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in BYRE	Weight in PEZ	Overlap

BYRE Overweight 22 Positions Relative to PEZ

Symbol	Grade	Weight
VTR	B	8.53%
AMT	C	7.12%
EQIX	A	6.66%
INVH	D	6.12%
EXR	C	5.61%
SBAC	D	5.11%
WELL	A	4.95%
COLD	D	4.69%
SUI	C	4.47%
REXR	F	4.26%
SBRA	C	4.26%
GLPI	C	4.19%
VICI	C	4.18%
TRNO	F	4.14%
AMH	C	3.98%
DLR	B	3.08%
ARE	F	2.8%
NHI	D	2.22%
RHP	B	1.97%
CCI	C	1.79%
DRH	B	1.55%
VAC	C	1.09%

BYRE Underweight 38 Positions Relative to PEZ

Symbol	Grade	Weight
CVNA	B	-6.03%
MOD	A	-5.48%
RCL	A	-5.0%
TOL	B	-4.07%
AMZN	C	-3.75%
MUSA	B	-3.62%
NFLX	A	-3.47%
DASH	B	-3.02%
PHM	D	-2.92%
WING	D	-2.91%
TXRH	B	-2.89%
NVR	D	-2.82%
SKYW	C	-2.77%
SHAK	C	-2.64%
KBH	D	-2.56%
HLT	A	-2.5%
H	B	-2.4%
MTH	D	-2.33%
OLLI	D	-2.33%
DHI	F	-2.3%
LEN	D	-2.27%
GPI	B	-2.23%
TJX	A	-2.12%
MHO	D	-2.12%
LNW	F	-1.97%
BOOT	C	-1.95%
SKY	A	-1.92%
GRBK	D	-1.77%
TMHC	C	-1.73%
PLCE	C	-1.69%
TPH	D	-1.42%
LAMR	C	-1.36%
LTH	C	-1.35%
CCS	D	-1.19%
GOLF	B	-1.09%
DFH	D	-0.96%
GIII	D	-0.94%
SNBR	F	-0.79%