DFAR vs. GQRE ETF Comparison

Comparison of Dimensional US Real Estate ETF (DFAR) to FlexShares Global Quality Real Estate Index Fund (GQRE)

DFAR

Dimensional US Real Estate ETF

DFAR Description

Dimensional US Real Estate ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across real estate sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Dimensional US Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.01

Average Daily Volume

129,553

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.43

Average Daily Volume

19,349

Number of Holdings ^*

63

* may have additional holdings in another (foreign) market

Performance

Period	DFAR	GQRE
30 Days	0.09%	1.76%
60 Days	7.91%	10.23%
90 Days	13.86%	12.92%
12 Months	34.17%	31.08%

58 Overlapping Holdings

	Symbol	Grade	Weight in DFAR	Weight in GQRE	Overlap
	AAT	C	0.09%	0.24%	0.09%
	ADC	C	0.56%	0.97%	0.56%
	AKR	B	0.18%	0.32%	0.18%
	AMH	D	0.91%	1.63%	0.91%
	AMT	D	7.72%	2.69%	2.69%
	APLE	B	0.25%	0.44%	0.25%
	AVB	C	2.32%	4.15%	2.32%
	BNL	C	0.26%	0.46%	0.26%
	CCI	D	3.48%	0.2%	0.2%
	CPT	C	0.95%	1.7%	0.95%
	CSR	D	0.08%	0.22%	0.08%
	CUBE	C	0.89%	1.55%	0.89%
	CUZ	C	0.33%	0.58%	0.33%
	DLR	C	3.81%	5.01%	3.81%
	DRH	B	0.13%	0.25%	0.13%
	EPR	C	0.27%	0.47%	0.27%
	EPRT	C	0.45%	0.77%	0.45%
	EQC	D	0.15%	0.28%	0.15%
	EQIX	C	6.03%	1.65%	1.65%
	EQR	C	1.89%	3.26%	1.89%
	ESRT	C	0.11%	0.26%	0.11%
	ESS	D	1.38%	2.45%	1.38%
	FR	D	0.54%	0.97%	0.54%
	HIW	C	0.26%	0.46%	0.26%
	HPP	F	0.05%	0.18%	0.05%
	HST	D	0.89%	1.66%	0.89%
	IIPR	C	0.28%	0.5%	0.28%
	IRM	B	2.51%	0.68%	0.68%
	IRT	D	0.33%	0.59%	0.33%
	IVT	B	0.14%	0.27%	0.14%
	KIM	C	1.13%	2.01%	1.13%
	KRC	C	0.32%	0.57%	0.32%
	KRG	C	0.42%	0.75%	0.42%
	LAMR	C	0.87%	1.51%	0.87%
	LTC	D	0.12%	0.26%	0.12%
	NHI	C	0.27%	0.47%	0.27%
	NNN	C	0.64%	1.15%	0.64%
	NSA	D	0.25%	0.43%	0.25%
	NXRT	D	0.07%	0.23%	0.07%
	O	C	3.97%	0.44%	0.44%
	PDM	C	0.09%	0.26%	0.09%
	PK	D	0.21%	0.41%	0.21%
	PLD	D	8.33%	3.14%	3.14%
	PSA	C	4.14%	0.67%	0.67%
	REG	C	0.9%	1.48%	0.9%
	RLJ	D	0.1%	0.23%	0.1%
	SBRA	C	0.31%	0.56%	0.31%
	SHO	B	0.14%	0.28%	0.14%
	SKT	A	0.28%	0.46%	0.28%
	SLG	C	0.34%	0.58%	0.34%
	SPG	A	3.97%	5.29%	3.97%
	STAG	D	0.52%	0.93%	0.52%
	UDR	C	1.03%	1.82%	1.03%
	UE	C	0.19%	0.33%	0.19%
	VICI	C	2.49%	2.5%	2.49%
	VNO	B	0.46%	0.82%	0.46%
	WELL	C	4.71%	1.29%	1.29%
	XHR	A	0.11%	0.27%	0.11%

DFAR Overweight 72 Positions Relative to GQRE

	Symbol	Grade	Weight
	EXR	D	2.75%
	VTR	C	1.9%
	SBAC	C	1.64%
	INVH	D	1.56%
	MAA	D	1.33%
	ARE	D	1.24%
	SUI	D	1.19%
	DOC	C	1.17%
	GLPI	C	1.02%
	ELS	D	0.94%
	BXP	B	0.87%
	WPC	C	0.82%
	REXR	D	0.8%
	OHI	C	0.75%
	EGP	D	0.66%
	FRT	D	0.63%
	BRX	C	0.61%
	COLD	D	0.54%
	TRNO	D	0.47%
	RHP	B	0.44%
	PECO	C	0.34%
	CTRE	C	0.34%
	MAC	B	0.29%
	MPW	C	0.26%
	CDP	A	0.25%
	DEI	A	0.21%
	LXP	D	0.21%
	FCPT	C	0.2%
	OUT	C	0.18%
	ROIC	C	0.15%
	GTY	C	0.12%
	JBGS	C	0.11%
	ELME	D	0.11%
	GNL	D	0.11%
	UNIT	B	0.1%
	DEA	D	0.1%
	UMH	D	0.1%
	PEB	D	0.09%
	VRE	C	0.09%
	NTST	F	0.09%
	AIV	D	0.08%
	BDN	B	0.07%
	PGRE	D	0.06%
	PLYM	D	0.06%
	SVC	D	0.05%
	INN	A	0.05%
	BFS	C	0.04%
	ALX	D	0.04%
	UHT	D	0.04%
	DHC	C	0.04%
	GOOD	A	0.04%
	WSR	C	0.04%
	GMRE	C	0.04%
	CBL	D	0.03%
	CTO	D	0.03%
	CLDT	D	0.03%
	OLP	C	0.03%
	CHCT	F	0.02%
	CIO	D	0.02%
	ILPT	D	0.02%
	PSTL	D	0.02%
	OPI	F	0.01%
	SILA	C	0.01%
	BHR	D	0.01%
	BRT	D	0.01%
	PINE	D	0.01%
	GIPR	F	0.0%
	CMCT	F	0.0%
	SELF	C	0.0%
	CLPR	B	0.0%
	PKST	D	0.0%
	MDV	C	0.0%

DFAR Underweight 5 Positions Relative to GQRE

	Symbol	Grade	Weight
	HASI	B	-0.5%
	WY	C	-0.45%
	DBRG	D	-0.31%
	JOE	D	-0.27%
	ALEX	D	-0.25%

DFAR: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Diversified REIT - Office REIT - Industrial REIT - Residential REIT - Healthcare Facilities REIT - Hotel & Motel Telecom Services Business Services Real Estate - General

Keywords: Real Estate Investment Trust Real Estate Market S&P 500 Retail Properties Real Estate Properties Equity Global Management Equity Real Estate Investment Trust Real Estate Investing Shopping Mall Champion Reit Dream Office Real Estate Investment Trust Healthcare Facilities Industrial Properties Property Management Real Estate Investment Assisted Living David Sobelman Hotel Investment Trust Leasing

GQRE: Top Represented Industries & Keywords

Industries: REIT - Diversified REIT - Retail REIT - Residential REIT - Office REIT - Hotel & Motel REIT - Industrial REIT - Healthcare Facilities Business Services Lumber & Wood Production Real Estate - General Telecom Services

Keywords: Real Estate Investment Trust Real Estate Market S&P 500 Retail Properties Real Estate Properties Equity Global Management Equity Real Estate Investment Trust Shopping Mall Assisted Living Inland Residential Properties Trust Madison Marquette Self Storage Communications Infrastructure David Sobelman Distributed Antenna System Dream Office Real Estate Investment Trust Forest Products Forestry Golf Courses Hawaii