CRED vs. NBGR ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to Neuberger Berman Global Real Estate ETF (NBGR)

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

$23.85

Average Daily Volume

735

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBGR

Neuberger Berman Global Real Estate ETF

NBGR Description

The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It defines a real estate company as one that derives at least 50% of its revenue or profits from real estate or has at least 50% of its assets invested in real estate.

Grade (RS Rating)

Last Trade

$29.85

Average Daily Volume

603

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	NBGR
30 Days	3.56%	2.75%
60 Days	6.85%	8.10%
90 Days	17.24%	15.67%
12 Months	36.81%

9 Overlapping Holdings

Symbol	Grade	Weight in CRED	Weight in NBGR	Overlap
AMT	C	11.55%	5.2%	5.2%
AVB	C	3.39%	3.34%	3.34%
CCI	A	7.27%	1.3%	1.3%
DLR	C	5.31%	1.2%	1.2%
EQIX	B	6.61%	4.44%	4.44%
INVH	D	2.94%	1.07%	1.07%
IRM	B	3.59%	2.96%	2.96%
O	A	6.19%	1.84%	1.84%
SPG	A	7.6%	2.69%	2.69%

CRED Overweight 1 Positions Relative to NBGR

	Symbol	Grade	Weight
	MAA	C	3.42%

CRED Underweight 23 Positions Relative to NBGR

Symbol	Grade	Weight
PLD	D	-4.28%
PSA	C	-4.11%
WELL	B	-2.93%
SBAC	B	-2.31%
SUI	C	-2.25%
VTR	B	-2.12%
EXR	C	-1.53%
UDR	C	-1.49%
WY	B	-1.3%
EPRT	C	-1.27%
CPT	C	-1.2%
GLPI	B	-1.13%
VICI	C	-1.12%
OHI	C	-1.07%
KIM	C	-1.07%
FRT	B	-1.05%
ELS	D	-1.04%
REXR	D	-1.0%
KRC	C	-0.88%
MAC	B	-0.86%
HPP	F	-0.84%
BXP	C	-0.76%
ROIC	B	-0.45%