DESK vs. JPRE ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to JPMorgan Realty Income ETF (JPRE)

DESK

VanEck Office and Commercial REIT ETF

DESK Description

The fund normally invests at least 80% of its total assets in Office and Commercial Real Estate Companies. The index is comprised of equity securities of Office and Commercial Real Estate Companies and is intended to give investors a means of tracking the overall performance of U.S exchange-listed real estate investment trusts (REITs) involved in the office and commercial real estate markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.88

Average Daily Volume

659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPRE

JPMorgan Realty Income ETF

JPRE Description

The investment seeks to provide high total investment return through a combination of capital appreciation and current income. The fund seeks to achieve its objective by investing substantially all of its assets, and in any event under normal circumstances at least 80% of its net assets (plus the amount of any borrowings for investment purposes), in equity securities of real estate investment trusts (REITs), including REITs with relatively small market capitalizations. It may invest in both equity REITs and mortgage REITs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$49.76

Average Daily Volume

23,604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	JPRE
30 Days	-7.90%	-3.10%
60 Days	-1.82%	-2.48%
90 Days	8.58%	3.52%
12 Months	37.96%	24.15%

5 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in JPRE	Overlap
BXP	D	9.94%	3.08%	3.08%
CDP	C	6.21%	2.29%	2.29%
CUZ	B	6.54%	1.47%	1.47%
KIM	A	2.6%	1.38%	1.38%
PLD	D	3.35%	6.29%	3.35%

DESK Overweight 19 Positions Relative to JPRE

Symbol	Grade	Weight
VNO	C	11.63%
KRC	C	8.76%
SLG	B	8.48%
EQC	A	4.63%
DEI	B	4.42%
HIW	D	4.32%
SPG	A	4.16%
O	D	3.42%
ESRT	D	2.72%
AAT	C	2.51%
PDM	D	2.47%
DEA	D	2.26%
PGRE	D	1.98%
WPC	D	1.9%
REG	A	1.81%
BDN	D	1.52%
JBGS	F	1.44%
REXR	F	0.98%
HPP	F	0.96%

DESK Underweight 24 Positions Relative to JPRE

Symbol	Grade	Weight
EQIX	A	-8.3%
AMT	D	-7.82%
WELL	A	-7.62%
DLR	A	-5.53%
VTR	C	-4.7%
VICI	C	-3.91%
EXR	C	-3.7%
UDR	C	-3.7%
ELS	B	-3.62%
AMH	C	-3.61%
ARE	F	-3.45%
FRT	C	-3.37%
EGP	D	-2.89%
KRG	B	-2.65%
EQR	C	-2.56%
SBAC	C	-2.41%
HST	D	-2.38%
COLD	F	-1.86%
CTRE	D	-1.67%
PSA	C	-1.58%
SBRA	C	-1.52%
WY	D	-1.38%
INVH	D	-1.36%
OUT	A	-1.05%