DRN vs. FPRO ETF Comparison

Comparison of Dexion Daily Real Estate Bull 3x Shares (DRN) to Fidelity Real Estate Investment ETF (FPRO)
DRN

Dexion Daily Real Estate Bull 3x Shares

DRN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$12.58

Average Daily Volume

1,695,906

Number of Holdings *

31

* may have additional holdings in another (foreign) market
FPRO

Fidelity Real Estate Investment ETF

FPRO Description The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.77

Average Daily Volume

4,474

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period DRN FPRO
30 Days 5.72% 1.27%
60 Days 16.89% 7.07%
90 Days 52.00% 15.66%
12 Months 118.37% 34.36%
21 Overlapping Holdings
Symbol Grade Weight in DRN Weight in FPRO Overlap
AMT C 5.86% 8.86% 5.86%
CBRE A 2.01% 3.97% 2.01%
CCI C 2.7% 2.71% 2.7%
CPT C 0.72% 0.95% 0.72%
CSGP F 1.66% 1.52% 1.52%
DLR C 2.7% 3.56% 2.7%
EQIX B 4.51% 6.69% 4.51%
EQR C 1.37% 2.54% 1.37%
EXR C 2.02% 1.8% 1.8%
INVH D 1.08% 1.36% 1.08%
IRM A 1.86% 2.04% 1.86%
KIM C 0.83% 3.83% 0.83%
MAA C 1.0% 2.77% 1.0%
PLD D 6.27% 11.02% 6.27%
PSA C 3.04% 5.38% 3.04%
REG C 0.63% 1.02% 0.63%
SBAC B 1.37% 1.35% 1.35%
UDR C 0.73% 3.16% 0.73%
VTR C 1.43% 5.67% 1.43%
WELL C 3.96% 2.71% 2.71%
WY B 1.3% 0.73% 0.73%
DRN Overweight 10 Positions Relative to FPRO
Symbol Grade Weight
O A 2.94%
SPG A 2.76%
VICI C 1.86%
AVB C 1.74%
ESS C 1.02%
ARE D 1.02%
DOC C 0.86%
HST D 0.69%
BXP C 0.63%
FRT D 0.46%
DRN Underweight 16 Positions Relative to FPRO
Symbol Grade Weight
NNN A -3.61%
CUBE C -3.46%
SUI D -3.09%
AMH D -1.92%
COLD D -1.53%
UE C -1.36%
LAMR C -1.3%
STAG D -1.03%
DRH C -0.97%
PECO C -0.92%
FCPT C -0.81%
TRNO D -0.79%
SKT A -0.61%
COMP C -0.59%
RHP C -0.53%
ELS D -0.42%
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