CRED vs. RIET ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to Hoya Capital High Dividend Yield ETF (RIET)

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

RIET

Hoya Capital High Dividend Yield ETF

RIET Description

Hoya Capital High Dividend Yield ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Hoya Capital Real Estate, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of companies operating in the financial, diversified financials, mortgage real estate investment trust, real estate investment trusts, real estate, equity real estate investment trust, real estate management and development and real estate operating companies sectors. The fund invests in dividend paying, growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Hoya Capital High Dividend Yield Index, by using full replication technique. Hoya Capital High Dividend Yield ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.70

Average Daily Volume

58,868

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	RIET
30 Days	-1.32%	-1.24%
60 Days	-1.75%	-3.39%
90 Days	3.00%	1.31%
12 Months	25.86%	20.06%

22 Overlapping Holdings

Symbol	Grade	Weight in CRED	Weight in RIET	Overlap
AHH	D	0.17%	1.1%	0.17%
APLE	B	0.64%	1.5%	0.64%
BDN	C	0.16%	1.26%	0.16%
BNL	D	0.43%	1.27%	0.43%
BXP	D	1.51%	1.84%	1.51%
CCI	D	6.96%	1.5%	1.5%
DOC	D	2.75%	1.53%	1.53%
EPR	D	0.77%	1.23%	0.77%
GLPI	C	1.81%	1.56%	1.56%
GMRE	F	0.11%	1.08%	0.11%
GNL	F	0.31%	1.1%	0.31%
HIW	D	0.78%	1.38%	0.78%
KRC	C	0.87%	1.66%	0.87%
MPW	F	0.47%	0.94%	0.47%
NNN	D	0.85%	1.45%	0.85%
NSA	D	0.63%	1.7%	0.63%
O	D	5.9%	1.53%	1.53%
OHI	C	1.36%	1.76%	1.36%
OUT	A	0.51%	1.44%	0.51%
SBRA	C	0.76%	1.41%	0.76%
SPG	B	7.67%	1.68%	1.68%
UNIT	B	0.22%	1.98%	0.22%

CRED Overweight 48 Positions Relative to RIET

Symbol	Grade	Weight
AMT	D	10.98%
EQIX	A	7.18%
DLR	B	6.22%
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%
AMH	D	1.7%
BRX	A	1.45%
SUI	D	1.31%
HST	C	1.27%
CUBE	D	1.2%
KRG	B	1.01%
STAG	F	0.96%
FR	C	0.92%
RHP	B	0.85%
CUZ	B	0.83%
CTRE	D	0.73%
VNO	B	0.64%
PECO	A	0.61%
EPRT	B	0.54%
RYN	D	0.51%
LXP	D	0.49%
MAC	B	0.43%
PK	B	0.4%
CDP	C	0.39%
SKT	B	0.39%
PCH	D	0.36%
DEI	B	0.33%
UE	C	0.28%
PDM	D	0.27%
XHR	B	0.2%
RLJ	C	0.19%
DRH	B	0.19%
JBGS	D	0.18%
SHO	C	0.17%
UMH	C	0.14%
ESRT	C	0.13%
PEB	D	0.12%
WSR	A	0.12%
INN	D	0.09%
PGRE	F	0.08%
HPP	F	0.07%
ILPT	D	0.02%
OPI	F	0.01%

CRED Underweight 41 Positions Relative to RIET

Symbol	Grade	Weight
EXR	D	-1.61%
VICI	C	-1.58%
EQR	B	-1.58%
CLPR	D	-1.51%
STWD	C	-1.45%
AGNC	D	-1.41%
WPC	D	-1.38%
OLP	B	-1.38%
GOOD	B	-1.35%
KREF	D	-1.34%
NREF	A	-1.33%
CTO	B	-1.25%
ABR	C	-1.24%
LTC	B	-1.24%
GPMT	C	-1.22%
UHT	D	-1.21%
ACRE	C	-1.2%
LADR	B	-1.19%
TRTX	B	-1.18%
PSTL	D	-1.17%
BXMT	C	-1.17%
EFC	C	-1.15%
DX	B	-1.15%
DEA	D	-1.15%
ALX	D	-1.14%
CIO	D	-1.14%
BRSP	B	-1.14%
FBRT	C	-1.14%
PMT	D	-1.08%
IIPR	D	-1.06%
ARI	C	-1.01%
CMTG	F	-1.01%
RC	D	-0.97%
CHCT	C	-0.94%
AFCG	D	-0.87%
CHMI	F	-0.82%
SACH	F	-0.55%
SVC	F	-0.54%
NYMTN	D	-0.34%
NYMTM	B	-0.32%
AGNCN	B	-0.31%