DRV vs. QDEF ETF Comparison

Comparison of Drexion Daily Real Estate Bear 3x Shares (DRV) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

DRV

Drexion Daily Real Estate Bear 3x Shares

DRV Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in 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

$23.55

Average Daily Volume

167,025

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.06

Average Daily Volume

6,166

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	DRV	QDEF
30 Days	-6.94%	1.50%
60 Days	-16.80%	6.70%
90 Days	-36.64%	8.31%
12 Months	-61.34%	34.86%

10 Overlapping Holdings

Symbol	Grade	Weight in DRV	Weight in QDEF	Overlap
AMT	C	7.96%	0.99%	0.99%
AVB	C	2.32%	0.18%	0.18%
CPT	C	0.82%	0.54%	0.54%
CUBE	C	0.47%	0.46%	0.46%
EQR	C	2.36%	0.56%	0.56%
ESS	C	1.57%	0.56%	0.56%
MAA	C	1.18%	0.56%	0.56%
NNN	A	0.7%	0.24%	0.24%
OHI	C	0.73%	0.54%	0.54%
PSA	C	2.67%	0.65%	0.65%

DRV Overweight 73 Positions Relative to QDEF

Symbol	Grade	Weight
CCI	A	4.65%
PLD	D	4.59%
EQIX	B	3.84%
SPG	A	3.51%
WELL	B	2.7%
SBAC	B	2.2%
DLR	C	2.0%
O	A	1.87%
WY	B	1.78%
VTR	B	1.69%
BXP	C	1.66%
CBRE	A	1.5%
ARE	D	1.42%
INVH	D	1.26%
EXR	C	1.1%
WPC	C	1.09%
SUI	C	1.08%
UDR	C	1.07%
HST	D	1.01%
ELS	D	0.94%
VNO	B	0.89%
MPW	C	0.88%
REG	B	0.82%
VICI	C	0.75%
FRT	B	0.75%
GLPI	B	0.72%
IRM	B	0.69%
JLL	B	0.68%
KIM	C	0.66%
KRC	C	0.64%
AIV	C	0.61%
LAMR	C	0.61%
SLG	C	0.58%
AMH	D	0.56%
DEI	A	0.54%
COLD	D	0.5%
BRX	B	0.48%
CUZ	C	0.47%
PK	D	0.46%
HPP	F	0.44%
EPR	C	0.43%
FR	C	0.42%
JBGS	C	0.4%
HIW	C	0.4%
REXR	D	0.4%
EGP	D	0.39%
RHP	C	0.33%
STAG	D	0.32%
OUT	C	0.32%
RYN	C	0.32%
SBRA	C	0.32%
EQC	D	0.31%
SVC	F	0.3%
TRNO	D	0.29%
NHI	C	0.28%
DOC	B	0.27%
PEB	D	0.26%
APLE	D	0.26%
SHO	D	0.24%
KW	C	0.23%
RLJ	D	0.23%
PDM	C	0.23%
PCH	C	0.23%
ADC	B	0.23%
MAC	B	0.22%
BDN	A	0.21%
PGRE	D	0.2%
LXP	D	0.18%
XHR	C	0.18%
UE	B	0.18%
AAT	C	0.18%
AKR	B	0.17%
HASI	C	0.17%

DRV Underweight 111 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	C	-6.16%
MSFT	C	-5.17%
NVDA	C	-4.88%
JNJ	C	-3.22%
ABBV	A	-3.01%
HD	A	-2.99%
PG	C	-2.94%
MRK	F	-2.72%
META	A	-2.71%
QCOM	D	-1.77%
IBM	C	-1.76%
PM	B	-1.56%
GOOGL	C	-1.27%
INTU	F	-1.22%
LMT	A	-1.11%
ADP	A	-1.05%
GOOG	C	-1.03%
TJX	C	-0.99%
SBUX	B	-0.97%
TMUS	A	-0.97%
KLAC	D	-0.96%
GILD	A	-0.95%
CI	C	-0.92%
AVGO	C	-0.88%
DUK	B	-0.81%
MO	B	-0.79%
T	A	-0.75%
KO	B	-0.75%
ITW	B	-0.71%
VZ	A	-0.7%
CME	A	-0.69%
MMM	B	-0.68%
MSI	A	-0.67%
JPM	D	-0.64%
BK	C	-0.63%
MCK	F	-0.6%
AFL	A	-0.6%
D	A	-0.58%
FIS	C	-0.58%
PAYX	A	-0.58%
RMD	C	-0.57%
EME	C	-0.56%
UMBF	C	-0.55%
CSCO	A	-0.55%
KMB	B	-0.55%
LDOS	A	-0.54%
WTW	A	-0.54%
VRSK	D	-0.54%
NSA	C	-0.54%
GIS	B	-0.53%
PPL	A	-0.53%
K	B	-0.53%
ED	A	-0.53%
PNW	A	-0.52%
ORI	A	-0.52%
BPOP	D	-0.52%
CSL	A	-0.52%
UNM	A	-0.52%
AVY	B	-0.52%
EA	D	-0.52%
AIZ	A	-0.52%
MET	A	-0.52%
CSWI	B	-0.51%
CFR	D	-0.51%
NEP	D	-0.51%
WDFC	C	-0.51%
FAST	C	-0.51%
VIRT	C	-0.51%
DOX	B	-0.5%
BWXT	A	-0.5%
IRDM	C	-0.5%
OTIS	A	-0.5%
IPG	C	-0.5%
RDN	D	-0.5%
LSTR	D	-0.49%
HRB	C	-0.49%
WU	D	-0.48%
XOM	B	-0.48%
STNG	D	-0.47%
SWKS	F	-0.47%
WSM	C	-0.47%
LOW	A	-0.46%
OGE	A	-0.46%
OMF	D	-0.46%
EXPD	B	-0.45%
SAIC	B	-0.44%
EXC	A	-0.41%
DELL	D	-0.41%
CHE	B	-0.41%
EBAY	A	-0.41%
EVRG	B	-0.4%
BSY	D	-0.4%
DPZ	D	-0.39%
BMY	B	-0.38%
MSM	D	-0.37%
VRT	B	-0.35%
STWD	C	-0.35%
V	C	-0.35%
WEC	A	-0.28%
MAS	A	-0.25%
PEG	A	-0.25%
COST	C	-0.23%
MA	A	-0.22%
SCCO	B	-0.17%
CAH	B	-0.16%
ZTS	B	-0.12%
BAH	A	-0.12%
ROL	B	-0.12%
WMT	A	-0.11%
DDS	D	-0.1%
BAC	D	-0.02%