CRED vs. DIVP ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to Cullen Enhanced Equity Income ETF (DIVP)

CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.63

Average Daily Volume

686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVP

Cullen Enhanced Equity Income ETF

DIVP Description

DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.

Grade (RS Rating)

Last Trade

$27.05

Average Daily Volume

1,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	DIVP
30 Days	-1.32%	1.06%
60 Days	-1.75%	2.01%
90 Days	3.00%	4.33%
12 Months	25.86%

1 Overlapping Holdings

	Symbol	Grade	Weight in CRED	Weight in DIVP	Overlap
	DOC	D	2.75%	2.86%	2.75%

CRED Overweight 69 Positions Relative to DIVP

Symbol	Grade	Weight
AMT	D	10.98%
SPG	B	7.67%
EQIX	A	7.18%
CCI	D	6.96%
DLR	B	6.22%
O	D	5.9%
IRM	D	3.91%
AVB	B	3.32%
MAA	B	3.18%
SBAC	D	2.68%
INVH	D	2.5%
WY	D	2.39%
LAMR	D	1.93%
GLPI	C	1.81%
AMH	D	1.7%
BXP	D	1.51%
BRX	A	1.45%
OHI	C	1.36%
SUI	D	1.31%
HST	C	1.27%
CUBE	D	1.2%
KRG	B	1.01%
STAG	F	0.96%
FR	C	0.92%
KRC	C	0.87%
NNN	D	0.85%
RHP	B	0.85%
CUZ	B	0.83%
HIW	D	0.78%
EPR	D	0.77%
SBRA	C	0.76%
CTRE	D	0.73%
VNO	B	0.64%
APLE	B	0.64%
NSA	D	0.63%
PECO	A	0.61%
EPRT	B	0.54%
RYN	D	0.51%
OUT	A	0.51%
LXP	D	0.49%
MPW	F	0.47%
BNL	D	0.43%
MAC	B	0.43%
PK	B	0.4%
CDP	C	0.39%
SKT	B	0.39%
PCH	D	0.36%
DEI	B	0.33%
GNL	F	0.31%
UE	C	0.28%
PDM	D	0.27%
UNIT	B	0.22%
XHR	B	0.2%
RLJ	C	0.19%
DRH	B	0.19%
JBGS	D	0.18%
SHO	C	0.17%
AHH	D	0.17%
BDN	C	0.16%
UMH	C	0.14%
ESRT	C	0.13%
PEB	D	0.12%
WSR	A	0.12%
GMRE	F	0.11%
INN	D	0.09%
PGRE	F	0.08%
HPP	F	0.07%
ILPT	D	0.02%
OPI	F	0.01%

CRED Underweight 31 Positions Relative to DIVP

Symbol	Grade	Weight
CSCO	B	-4.46%
EOG	A	-4.39%
BMY	B	-4.1%
MDT	D	-3.88%
VICI	C	-3.83%
DUK	C	-3.6%
PPL	B	-3.6%
CVX	A	-3.51%
PM	B	-3.47%
C	A	-3.35%
TFC	A	-3.34%
BAC	A	-3.33%
KVUE	A	-3.28%
CAG	D	-3.25%
VZ	C	-3.24%
CMCSA	B	-3.23%
XOM	B	-3.22%
MRK	F	-3.12%
SYY	B	-2.92%
RTX	C	-2.89%
MO	A	-2.73%
BAX	D	-2.67%
IBM	C	-2.62%
JCI	C	-2.55%
JPM	A	-2.41%
TRV	B	-2.21%
DOW	F	-2.1%
GD	F	-2.03%
RIO	D	-1.81%
GPC	D	-1.81%
UPS	C	-1.75%