DESK vs. RWR ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to SPDR DJ Wilshire REIT ETF (RWR)

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

$44.97

Average Daily Volume

665

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RWR

SPDR DJ Wilshire REIT ETF

RWR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Dow Jones U.S. Select REIT Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to provide a measure of real estate securities that serve as proxies for direct real estate investing, in part by excluding securities whose value is not always closely tied to the value of the underlying real estate. It is non-diversified.

Grade (RS Rating)

Last Trade

$105.56

Average Daily Volume

328,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	RWR
30 Days	-3.09%	0.48%
60 Days	2.20%	-0.61%
90 Days	7.68%	2.23%
12 Months	43.75%	27.65%

24 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in RWR	Overlap
AAT	B	2.51%	0.13%	0.13%
BDN	C	1.52%	0.09%	0.09%
BXP	C	9.94%	1.13%	1.13%
CDP	C	6.21%	0.33%	0.33%
CUZ	B	6.54%	0.46%	0.46%
DEA	D	2.26%	0.12%	0.12%
DEI	B	4.42%	0.3%	0.3%
EQC	B	4.63%	0.21%	0.21%
ESRT	C	2.72%	0.14%	0.14%
HIW	C	4.32%	0.33%	0.33%
HPP	F	0.96%	0.06%	0.06%
JBGS	F	1.44%	0.13%	0.13%
KIM	A	2.6%	1.64%	1.64%
KRC	B	8.76%	0.41%	0.41%
O	C	3.42%	4.08%	3.42%
PDM	D	2.47%	0.12%	0.12%
PGRE	F	1.98%	0.09%	0.09%
PLD	F	3.35%	9.67%	3.35%
REG	A	1.81%	1.18%	1.18%
REXR	F	0.98%	0.9%	0.9%
SLG	B	8.48%	0.48%	0.48%
SPG	A	4.16%	4.66%	4.16%
VNO	C	11.63%	0.68%	0.68%
WPC	C	1.9%	1.18%	1.18%

DESK Overweight 0 Positions Relative to RWR

	Symbol	Grade	Weight

DESK Underweight 74 Positions Relative to RWR

Symbol	Grade	Weight
EQIX	A	-7.79%
WELL	A	-4.6%
PSA	C	-4.4%
DLR	B	-4.39%
EXR	C	-3.4%
AVB	B	-3.18%
VTR	B	-2.58%
EQR	C	-2.45%
ESS	B	-1.91%
INVH	D	-1.88%
MAA	B	-1.81%
ARE	F	-1.66%
DOC	C	-1.47%
SUI	C	-1.43%
UDR	B	-1.31%
ELS	C	-1.31%
CPT	B	-1.26%
HST	C	-1.2%
AMH	C	-1.16%
CUBE	C	-1.06%
OHI	C	-1.01%
BRX	A	-0.85%
FRT	B	-0.84%
EGP	D	-0.82%
ADC	A	-0.75%
NNN	C	-0.75%
FR	D	-0.68%
RHP	B	-0.66%
STAG	D	-0.65%
KRG	B	-0.58%
TRNO	F	-0.58%
COLD	D	-0.56%
EPRT	B	-0.56%
CTRE	C	-0.49%
PECO	A	-0.47%
IRT	A	-0.46%
MAC	B	-0.41%
SKT	A	-0.38%
APLE	B	-0.34%
EPR	C	-0.33%
NHI	D	-0.33%
BNL	D	-0.31%
PK	C	-0.3%
IIPR	D	-0.29%
NSA	C	-0.29%
LXP	D	-0.27%
UE	B	-0.27%
MPW	F	-0.25%
AKR	B	-0.25%
FCPT	C	-0.25%
ROIC	A	-0.22%
SHO	D	-0.2%
DRH	B	-0.18%
VRE	B	-0.15%
PEB	D	-0.15%
RLJ	C	-0.15%
XHR	B	-0.15%
GTY	A	-0.15%
ALEX	B	-0.14%
GNL	F	-0.14%
ELME	D	-0.14%
UMH	B	-0.13%
NTST	C	-0.12%
AIV	C	-0.11%
CSR	B	-0.11%
NXRT	B	-0.1%
INN	D	-0.07%
PLYM	F	-0.07%
SVC	F	-0.05%
CHCT	C	-0.05%
UHT	D	-0.05%
GMRE	F	-0.05%
DHC	F	-0.05%
CLDT	B	-0.04%