DESK vs. RIET ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to Hoya Capital High Dividend Yield ETF (RIET)

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

$44.21

Average Daily Volume

663

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

$10.60

Average Daily Volume

61,304

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	RIET
30 Days	-6.93%	-4.61%
60 Days	0.46%	-4.03%
90 Days	8.36%	1.68%
12 Months	39.41%	18.15%

8 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in RIET	Overlap
BDN	C	1.52%	1.28%	1.28%
BXP	D	9.94%	1.89%	1.89%
DEA	D	2.26%	1.26%	1.26%
HIW	D	4.32%	1.45%	1.45%
KRC	C	8.76%	1.72%	1.72%
O	C	3.42%	1.47%	1.47%
SPG	A	4.16%	1.59%	1.59%
WPC	C	1.9%	1.33%	1.33%

DESK Overweight 16 Positions Relative to RIET

Symbol	Grade	Weight
VNO	C	11.63%
SLG	B	8.48%
CUZ	B	6.54%
CDP	C	6.21%
EQC	A	4.63%
DEI	B	4.42%
PLD	D	3.35%
ESRT	C	2.72%
KIM	A	2.6%
AAT	A	2.51%
PDM	D	2.47%
PGRE	D	1.98%
REG	A	1.81%
JBGS	F	1.44%
REXR	F	0.98%
HPP	F	0.96%

DESK Underweight 55 Positions Relative to RIET

Symbol	Grade	Weight
UNIT	B	-1.97%
OHI	B	-1.76%
CLPR	D	-1.74%
NSA	C	-1.63%
DOC	D	-1.61%
EXR	C	-1.56%
GLPI	C	-1.51%
VICI	C	-1.49%
EQR	C	-1.48%
APLE	B	-1.47%
SBRA	B	-1.46%
CCI	C	-1.45%
STWD	C	-1.4%
KREF	D	-1.37%
OUT	A	-1.37%
NNN	C	-1.36%
AGNC	C	-1.35%
OLP	A	-1.34%
GOOD	A	-1.31%
BNL	D	-1.27%
CTO	B	-1.27%
NREF	A	-1.24%
LTC	B	-1.23%
UHT	D	-1.23%
CIO	F	-1.23%
ABR	B	-1.23%
EPR	D	-1.2%
ACRE	B	-1.19%
BXMT	C	-1.19%
PSTL	D	-1.18%
ALX	D	-1.18%
GNL	D	-1.17%
TRTX	B	-1.16%
FBRT	C	-1.15%
LADR	B	-1.15%
EFC	C	-1.13%
BRSP	C	-1.11%
DX	A	-1.11%
GMRE	F	-1.1%
GPMT	B	-1.09%
PMT	D	-1.08%
IIPR	F	-1.08%
AHH	D	-1.07%
CMTG	D	-1.06%
ARI	C	-0.99%
MPW	F	-0.98%
CHMI	F	-0.96%
CHCT	C	-0.91%
RC	D	-0.91%
AFCG	D	-0.86%
SACH	F	-0.73%
SVC	F	-0.62%
NYMTN	D	-0.33%
NYMTM	A	-0.31%
AGNCN	A	-0.3%