DESK vs. XMLV ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

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

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$63.15

Average Daily Volume

38,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	XMLV
30 Days	-7.90%	1.64%
60 Days	-1.82%	4.56%
90 Days	8.58%	8.84%
12 Months	37.96%	28.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in DESK	Weight in XMLV	Overlap
	CDP	C	6.21%	1.08%	1.08%

DESK Overweight 23 Positions Relative to XMLV

Symbol	Grade	Weight
VNO	C	11.63%
BXP	D	9.94%
KRC	C	8.76%
SLG	B	8.48%
CUZ	B	6.54%
EQC	A	4.63%
DEI	B	4.42%
HIW	D	4.32%
SPG	A	4.16%
O	D	3.42%
PLD	D	3.35%
ESRT	D	2.72%
KIM	A	2.6%
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 78 Positions Relative to XMLV

Symbol	Grade	Weight
DTM	A	-1.87%
SEIC	A	-1.8%
ATR	B	-1.8%
CW	B	-1.78%
IBKR	A	-1.61%
SF	A	-1.6%
FHI	A	-1.55%
VOYA	A	-1.52%
INGR	B	-1.49%
IDA	A	-1.47%
UNM	A	-1.46%
HLI	B	-1.45%
THG	A	-1.45%
ORI	A	-1.44%
PNM	B	-1.44%
EHC	B	-1.44%
RGA	A	-1.43%
DCI	B	-1.41%
JEF	A	-1.41%
G	A	-1.4%
RLI	A	-1.4%
JHG	A	-1.39%
CACI	C	-1.39%
FLS	A	-1.39%
AM	A	-1.35%
OGE	A	-1.34%
PRI	A	-1.33%
AFG	A	-1.32%
RPM	A	-1.32%
GGG	A	-1.32%
USFD	B	-1.31%
ADC	A	-1.29%
ACM	B	-1.28%
NJR	A	-1.28%
AMG	A	-1.28%
TXRH	B	-1.25%
GLPI	C	-1.23%
SON	D	-1.22%
PPC	B	-1.22%
NWE	C	-1.22%
GNTX	D	-1.22%
OHI	C	-1.21%
SR	A	-1.21%
ELS	B	-1.2%
GEF	B	-1.2%
AMH	C	-1.19%
POST	D	-1.19%
EPR	D	-1.18%
CHE	D	-1.17%
BRX	A	-1.17%
GATX	A	-1.16%
NFG	A	-1.16%
SLGN	A	-1.16%
ALE	A	-1.15%
OGS	A	-1.14%
LSTR	D	-1.13%
BKH	A	-1.13%
SBRA	C	-1.13%
MTG	C	-1.13%
SNX	C	-1.11%
FLO	D	-1.11%
POR	C	-1.1%
EGP	D	-1.09%
ESNT	D	-1.09%
NNN	C	-1.09%
AVT	C	-1.08%
FR	D	-1.07%
MUSA	A	-1.07%
MSA	D	-1.07%
NEU	D	-1.04%
STAG	D	-1.04%
NYT	D	-1.03%
DLB	D	-1.01%
KBR	D	-0.99%
WTRG	B	-0.98%
MMS	D	-0.97%
MAN	F	-0.92%
CHRD	D	-0.87%