EES vs. VNQ ETF Comparison

Comparison of WisdomTree SmallCap Earnings Fund (EES) to Vanguard REIT ETF - DNQ (VNQ)

EES

WisdomTree SmallCap Earnings Fund

EES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of earnings-generating companies within the small-capitalization segment of the U.S. Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.14

Average Daily Volume

23,197

Number of Holdings ^*

847

* may have additional holdings in another (foreign) market

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$95.11

Average Daily Volume

4,006,790

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	EES	VNQ
30 Days	2.71%	0.59%
60 Days	8.86%	8.18%
90 Days	12.61%	14.85%
12 Months	25.91%	33.76%

37 Overlapping Holdings

Symbol	Grade	Weight in EES	Weight in VNQ	Overlap
AAT	C	0.1%	0.08%	0.08%
AHH	F	0.04%	0.05%	0.04%
AKR	B	0.13%	0.13%	0.13%
ALEX	D	0.07%	0.08%	0.07%
ALX	D	0.13%	0.03%	0.03%
BDN	B	0.28%	0.05%	0.05%
BFS	C	0.06%	0.03%	0.03%
CHCT	F	0.02%	0.03%	0.02%
CLDT	D	0.01%	0.02%	0.01%
DEA	D	0.05%	0.07%	0.05%
DEI	A	0.09%	0.15%	0.09%
DRH	B	0.11%	0.1%	0.1%
EQC	D	0.1%	0.12%	0.1%
ESRT	C	0.13%	0.09%	0.09%
EXPI	C	0.07%	0.05%	0.05%
FCPT	C	0.14%	0.15%	0.14%
FOR	D	0.22%	0.04%	0.04%
FPI	D	0.03%	0.03%	0.03%
GTY	C	0.09%	0.09%	0.09%
HIW	C	0.27%	0.19%	0.19%
IIPR	C	0.31%	0.2%	0.2%
LTC	D	0.11%	0.09%	0.09%
NHI	C	0.2%	0.2%	0.2%
NMRK	C	0.44%	0.11%	0.11%
NTST	F	0.03%	0.07%	0.03%
NXRT	D	0.16%	0.06%	0.06%
OLP	C	0.04%	0.03%	0.03%
PDM	C	0.11%	0.07%	0.07%
RLJ	D	0.06%	0.08%	0.06%
RMR	B	0.1%	0.02%	0.02%
ROIC	C	0.07%	0.11%	0.07%
SHO	B	0.11%	0.11%	0.11%
TRC	D	0.02%	0.02%	0.02%
UE	C	0.08%	0.14%	0.08%
UHT	D	0.03%	0.03%	0.03%
WSR	C	0.06%	0.03%	0.03%
XHR	A	0.07%	0.08%	0.07%

EES Overweight 810 Positions Relative to VNQ

Symbol	Grade	Weight
LUMN	C	1.75%
CALM	A	0.96%
TPG	A	0.93%
LEVI	C	0.65%
BFH	D	0.64%
SLVM	C	0.62%
BGC	B	0.61%
VCTR	A	0.56%
OI	D	0.54%
GRBK	C	0.53%
AX	D	0.52%
JWN	D	0.52%
NMIH	B	0.52%
SNDR	D	0.47%
ENVA	B	0.45%
VSTO	B	0.44%
MSGE	B	0.43%
BOOT	B	0.43%
GFF	C	0.42%
EAT	A	0.42%
CCS	C	0.42%
WSFS	D	0.4%
GPOR	B	0.4%
ICUI	B	0.4%
COMM	C	0.38%
FULT	D	0.38%
NAVI	D	0.38%
SAH	D	0.38%
CVCO	C	0.36%
HTLF	B	0.36%
PRIM	A	0.36%
COLL	A	0.35%
RNG	F	0.34%
VIRT	B	0.34%
EBC	B	0.34%
PINC	F	0.34%
VYX	C	0.34%
STRL	B	0.33%
SBH	B	0.33%
FHB	D	0.33%
DFH	C	0.33%
FFBC	D	0.33%
CRGY	B	0.33%
PATK	A	0.32%
PARR	F	0.32%
PRG	C	0.32%
SFNC	B	0.32%
AUB	D	0.31%
BKU	D	0.31%
XRX	D	0.31%
DK	F	0.3%
SNEX	B	0.3%
MBIN	C	0.3%
BRC	C	0.3%
FRME	D	0.3%
WAFD	D	0.3%
AMRK	C	0.29%
PRGS	A	0.29%
VGR	B	0.29%
BKE	B	0.29%
ATGE	D	0.29%
HUBG	D	0.29%
INDB	D	0.28%
CNK	D	0.28%
WGO	D	0.28%
RES	C	0.28%
ENR	B	0.28%
PFS	D	0.28%
HOV	D	0.27%
EFSC	D	0.27%
SABR	C	0.27%
TBBK	A	0.26%
PLUS	B	0.26%
IESC	A	0.26%
AMRX	B	0.26%
SATS	C	0.25%
GHC	A	0.25%
PPBI	D	0.25%
BANR	B	0.25%
CBU	D	0.25%
REZI	D	0.24%
BZH	C	0.24%
UPBD	F	0.24%
CARS	F	0.24%
CVBF	B	0.24%
CRI	D	0.24%
TRMK	D	0.23%
ULH	B	0.23%
VTLE	F	0.23%
MGRC	D	0.23%
DORM	C	0.23%
IBTX	B	0.23%
FA	A	0.23%
BLMN	F	0.23%
OFG	D	0.23%
ENV	C	0.22%
TOWN	C	0.22%
TTMI	D	0.22%
WKC	A	0.22%
PRDO	D	0.22%
GES	F	0.22%
PRFT	A	0.22%
HEES	D	0.22%
CARG	C	0.22%
MTX	C	0.22%
NNI	B	0.22%
PDCO	F	0.22%
HRMY	D	0.22%
LGND	C	0.21%
CYH	C	0.21%
BOH	D	0.21%
VSCO	C	0.21%
STBA	D	0.21%
NTCT	C	0.21%
WNC	F	0.21%
CASH	C	0.21%
IMKTA	F	0.21%
HOPE	B	0.2%
VRNT	F	0.2%
AZZ	B	0.2%
CUBI	F	0.2%
PFBC	D	0.2%
LZB	D	0.2%
SXT	C	0.2%
OXM	F	0.2%
GDEN	D	0.2%
HPK	D	0.2%
AMWD	C	0.2%
AGM	D	0.19%
EXTR	D	0.19%
USLM	C	0.19%
PRK	D	0.19%
NGVT	D	0.19%
CAKE	A	0.19%
CAL	F	0.19%
WLFC	A	0.19%
HE	F	0.19%
DLX	F	0.19%
PI	A	0.19%
MD	B	0.19%
FBK	B	0.19%
GEO	D	0.19%
HWKN	B	0.18%
SONO	F	0.18%
PSMT	A	0.18%
NBHC	D	0.18%
EVTC	D	0.18%
ODP	F	0.18%
ATSG	D	0.18%
EVRI	A	0.18%
STGW	B	0.18%
ARHS	F	0.18%
SQSP	A	0.18%
PLAB	D	0.18%
SWI	B	0.18%
FCF	D	0.18%
VBTX	C	0.18%
JELD	D	0.18%
WSBC	D	0.18%
MBUU	D	0.18%
WERN	D	0.18%
RNST	D	0.18%
ALGT	D	0.18%
THS	D	0.18%
VRTS	D	0.17%
MRC	D	0.17%
GRNT	D	0.17%
PTVE	D	0.17%
KMT	C	0.17%
NBTB	D	0.17%
HY	D	0.17%
CENTA	F	0.17%
HNI	B	0.17%
NWBI	D	0.17%
SCVL	D	0.17%
DXPE	C	0.17%
SBCF	D	0.17%
MWA	A	0.17%
EPC	F	0.17%
APOG	B	0.17%
SASR	B	0.17%
QCRH	C	0.16%
WMK	D	0.16%
TNC	F	0.16%
EPAC	A	0.16%
ALG	F	0.16%
GDRX	F	0.16%
OLPX	C	0.16%
LAUR	C	0.16%
BHE	C	0.16%
GBX	C	0.16%
GCI	B	0.16%
OSIS	C	0.16%
AHCO	D	0.16%
EMBC	F	0.16%
DNOW	F	0.16%
ASIX	A	0.15%
REPX	C	0.15%
JBI	F	0.15%
MTRN	F	0.15%
MXL	D	0.15%
SRCE	D	0.15%
TH	F	0.15%
AROC	B	0.15%
QTWO	B	0.15%
TRIP	D	0.15%
AMBC	F	0.15%
SCSC	D	0.15%
HZO	C	0.15%
WABC	F	0.15%
BELFB	A	0.15%
SSTK	F	0.15%
ROCK	D	0.15%
KAR	F	0.15%
AESI	B	0.15%
DCOM	B	0.15%
MLKN	F	0.15%
SRCL	B	0.15%
HAYW	C	0.15%
BXC	D	0.15%
ACMR	D	0.14%
ARCT	D	0.14%
VECO	F	0.14%
BV	A	0.14%
SXI	B	0.14%
SD	D	0.14%
GIII	C	0.14%
HLIO	B	0.14%
OMCL	C	0.14%
SITM	A	0.14%
STEP	A	0.14%
TRN	C	0.14%
FBNC	B	0.14%
RDNT	C	0.14%
REVG	D	0.14%
CPK	C	0.14%
EVCM	D	0.14%
OCFC	C	0.14%
BUSE	D	0.14%
TCBK	D	0.14%
SYBT	C	0.14%
AIR	C	0.13%
PFC	D	0.13%
GOGO	F	0.13%
CSGS	B	0.13%
SHAK	A	0.13%
ADUS	D	0.13%
WTTR	B	0.13%
MGNI	D	0.13%
MGPI	F	0.13%
PUMP	D	0.13%
NWN	D	0.13%
PEBO	F	0.13%
ETD	C	0.13%
BOWL	D	0.13%
MATV	F	0.13%
POWL	B	0.13%
BY	D	0.13%
MCRI	B	0.13%
CHCO	D	0.13%
UVV	D	0.13%
PLAY	D	0.13%
PX	A	0.12%
EIG	A	0.12%
DGII	B	0.12%
LXU	C	0.12%
GCMG	A	0.12%
BHLB	D	0.12%
PJT	A	0.12%
INFN	C	0.12%
PLMR	A	0.12%
HURN	D	0.12%
ANIP	F	0.12%
CNXN	C	0.12%
ACEL	C	0.12%
AMAL	B	0.12%
ACCO	C	0.12%
TILE	C	0.12%
SCS	D	0.12%
VIAV	C	0.12%
TRS	D	0.11%
DBI	F	0.11%
KOP	F	0.11%
LEGH	D	0.11%
FBMS	D	0.11%
JACK	F	0.11%
HTH	F	0.11%
ASTH	B	0.11%
SBSI	D	0.11%
SPB	C	0.11%
SJW	D	0.11%
ROAD	C	0.11%
GABC	D	0.11%
RXO	D	0.11%
AGX	A	0.11%
PAHC	C	0.11%
NIC	D	0.11%
EGBN	C	0.11%
OII	D	0.11%
HSII	D	0.11%
RBCAA	C	0.11%
MODG	F	0.11%
CHEF	C	0.11%
CPRX	C	0.11%
BANC	D	0.11%
CCSI	C	0.11%
CHWY	C	0.11%
UIS	C	0.11%
CTS	B	0.11%
GDOT	C	0.11%
KODK	D	0.11%
MCW	F	0.11%
GVA	A	0.11%
DAN	D	0.11%
KN	B	0.11%
MCB	B	0.1%
BGS	D	0.1%
OBK	D	0.1%
BBW	A	0.1%
AVNS	D	0.1%
ETWO	F	0.1%
LNN	C	0.1%
DIN	D	0.1%
CWH	C	0.1%
INVA	B	0.1%
BRY	F	0.1%
COHU	F	0.1%
KTOS	B	0.1%
CWAN	B	0.1%
UVSP	B	0.1%
USM	B	0.1%
UFPT	D	0.1%
ADV	F	0.1%
YOU	C	0.1%
MRVI	F	0.1%
CMCO	D	0.1%
REI	D	0.1%
MLR	B	0.1%
CNOB	B	0.1%
UCTT	D	0.1%
HBNC	D	0.09%
ECVT	F	0.09%
BSIG	D	0.09%
PCRX	D	0.09%
BBSI	B	0.09%
CCRN	F	0.09%
CPF	C	0.09%
CFB	D	0.09%
CTBI	B	0.09%
ROG	D	0.09%
TRDA	B	0.09%
NVEE	F	0.09%
FWRD	D	0.09%
NABL	F	0.09%
MCFT	F	0.09%
STRA	F	0.09%
DFIN	B	0.09%
AGYS	D	0.09%
EZPW	C	0.09%
SPTN	C	0.09%
HNRG	C	0.09%
HAFC	D	0.09%
MBWM	D	0.09%
HLIT	D	0.09%
MYRG	D	0.09%
PLPC	D	0.09%
THRM	F	0.09%
LKFN	D	0.09%
TWKS	C	0.09%
NX	F	0.09%
VERX	B	0.09%
CBRL	D	0.09%
PETQ	A	0.09%
OSBC	D	0.09%
TR	D	0.09%
MIR	B	0.09%
PAYO	A	0.09%
CRAI	B	0.09%
MRTN	F	0.09%
LMAT	A	0.08%
LEU	A	0.08%
SKWD	A	0.08%
HBT	D	0.08%
MLAB	B	0.08%
MATW	F	0.08%
CXW	F	0.08%
ANET	A	0.08%
FMBH	D	0.08%
BRKL	D	0.08%
ANDE	D	0.08%
THR	F	0.08%
VICR	C	0.08%
TWI	F	0.08%
VITL	C	0.08%
CERT	F	0.08%
RYI	D	0.08%
AMPY	D	0.08%
STAA	D	0.08%
ARRY	F	0.08%
KFRC	F	0.08%
ATEN	B	0.08%
ATLC	B	0.08%
GSBC	D	0.08%
EGY	D	0.08%
RVLV	C	0.08%
HFWA	D	0.08%
IDT	C	0.08%
PNTG	C	0.08%
GIC	D	0.08%
VSEC	D	0.08%
RAMP	F	0.08%
PZZA	D	0.08%
SMP	D	0.08%
JBSS	F	0.08%
UTZ	D	0.08%
KNTK	A	0.08%
CLW	F	0.08%
MTUS	F	0.07%
SENEA	C	0.07%
SCL	D	0.07%
SXC	F	0.07%
SNCY	F	0.07%
NGVC	D	0.07%
DVAX	F	0.07%
NSSC	F	0.07%
SPFI	D	0.07%
CSV	D	0.07%
DAKT	D	0.07%
CLFD	D	0.07%
MSBI	F	0.07%
LC	D	0.07%
JAMF	F	0.07%
TASK	F	0.07%
PRVA	F	0.07%
EBF	B	0.07%
BHRB	D	0.07%
HCKT	D	0.07%
KELYA	D	0.07%
IBCP	D	0.07%
REX	D	0.07%
HCSG	F	0.07%
IMMR	D	0.07%
RGR	F	0.07%
HVT	F	0.07%
ONEW	F	0.07%
UWMC	D	0.07%
UTL	D	0.07%
RPAY	F	0.07%
HAYN	B	0.07%
AMCX	F	0.07%
GSHD	B	0.07%
MRCY	B	0.07%
TRST	D	0.07%
HTBK	D	0.07%
UVE	C	0.07%
LOB	B	0.07%
VLGEA	D	0.07%
TITN	F	0.07%
WWW	B	0.06%
PD	F	0.06%
WLDN	B	0.06%
SWBI	F	0.06%
THFF	D	0.06%
CLBK	F	0.06%
MOV	F	0.06%
TFIN	F	0.06%
METC	D	0.06%
MPX	D	0.06%
AMTB	F	0.06%
STC	D	0.06%
CLB	D	0.06%
CDRE	A	0.06%
KRT	F	0.06%
HTBI	D	0.06%
SUPN	D	0.06%
RBBN	C	0.06%
DSGR	A	0.06%
DNUT	F	0.06%
HLX	C	0.06%
NWPX	B	0.06%
PKOH	B	0.06%
LOCO	C	0.06%
OMI	F	0.06%
SHYF	D	0.06%
SCHL	F	0.06%
MCBS	D	0.06%
MTW	F	0.06%
USNA	F	0.06%
XPEL	D	0.06%
NBN	B	0.06%
LSEA	D	0.06%
ZIP	D	0.06%
TTGT	F	0.06%
CRCT	C	0.06%
BFST	C	0.06%
NHC	D	0.06%
ASTE	F	0.06%
EE	B	0.06%
TPB	C	0.05%
RICK	F	0.05%
MITK	F	0.05%
AMSF	B	0.05%
TGI	F	0.05%
NECB	C	0.05%
HMN	B	0.05%
LQDT	C	0.05%
SWIM	B	0.05%
CHUY	B	0.05%
MLNK	F	0.05%
UPWK	D	0.05%
ARVN	F	0.05%
GDYN	B	0.05%
XNCR	D	0.05%
WRBY	B	0.05%
USPH	F	0.05%
CAC	C	0.05%
JAKK	C	0.05%
CTOS	F	0.05%
RNGR	C	0.05%
CCB	B	0.05%
KALU	D	0.05%
AAN	B	0.05%
BFC	D	0.05%
RGP	F	0.05%
IMXI	F	0.05%
FSBC	C	0.05%
WINA	C	0.05%
TALO	D	0.05%
CCNE	D	0.05%
RBB	C	0.05%
FCBC	D	0.05%
MYPS	F	0.05%
MPB	B	0.05%
WEYS	C	0.05%
SHLS	F	0.05%
VREX	F	0.05%
ARKO	C	0.05%
MYE	F	0.05%
SPOK	D	0.05%
GTN	D	0.05%
CECO	D	0.05%
ITOS	F	0.05%
LMB	B	0.05%
VZIO	A	0.05%
NAPA	F	0.05%
JILL	F	0.05%
EQBK	D	0.05%
GRC	B	0.05%
LYTS	B	0.05%
CCBG	D	0.05%
ODC	D	0.05%
VYGR	D	0.05%
MNRO	B	0.05%
FISI	C	0.05%
PGC	B	0.05%
KE	F	0.05%
GNE	F	0.05%
SMBK	C	0.04%
IRMD	B	0.04%
AVNW	F	0.04%
YORW	F	0.04%
EYE	F	0.04%
CXM	F	0.04%
FORR	F	0.04%
YEXT	B	0.04%
SMBC	B	0.04%
HAIN	C	0.04%
CARE	C	0.04%
ZUO	F	0.04%
NATH	B	0.04%
CRSR	D	0.04%
SAFT	D	0.04%
GCO	D	0.04%
CIVB	B	0.04%
VPG	F	0.04%
ACDC	D	0.04%
MEC	C	0.04%
BOOM	D	0.04%
ARLO	F	0.04%
WASH	C	0.04%
NPK	F	0.04%
SDGR	F	0.04%
DXLG	F	0.04%
MED	F	0.04%
OSUR	F	0.04%
PRLB	F	0.04%
IIIN	F	0.04%
PBI	C	0.04%
AXGN	C	0.04%
FF	B	0.04%
DCO	B	0.04%
BHB	D	0.04%
JOUT	F	0.04%
FIGS	C	0.04%
TRNS	D	0.04%
ZEUS	F	0.04%
OABI	F	0.04%
OPY	D	0.04%
EGHT	D	0.04%
NR	F	0.04%
BH	F	0.04%
TCMD	C	0.04%
BAND	C	0.04%
PDFS	F	0.04%
PLOW	D	0.04%
ZIMV	F	0.04%
WTBA	D	0.04%
HDSN	F	0.04%
HCI	B	0.04%
FMNB	D	0.04%
MSEX	C	0.04%
ZYXI	F	0.03%
ARC	A	0.03%
MNTK	D	0.03%
KLXE	F	0.03%
CHGG	F	0.03%
AIRS	D	0.03%
PRO	F	0.03%
PTLO	C	0.03%
PRA	C	0.03%
OOMA	C	0.03%
DH	F	0.03%
MG	B	0.03%
VNDA	F	0.03%
RCKY	C	0.03%
RDUS	D	0.03%
HSTM	B	0.03%
NUS	F	0.03%
MGNX	F	0.03%
ALRS	B	0.03%
AMSWA	C	0.03%
BJRI	B	0.03%
RLGT	D	0.03%
VMEO	C	0.03%
TMP	C	0.03%
QNST	C	0.03%
MEI	D	0.03%
FSBW	D	0.03%
EWCZ	F	0.03%
DHIL	C	0.03%
ACNB	C	0.03%
FBIZ	D	0.03%
KRUS	D	0.03%
ASUR	D	0.03%
CURV	F	0.03%
BBCP	F	0.03%
CDMO	D	0.03%
OLO	F	0.03%
LINC	D	0.03%
FC	C	0.03%
FWRG	F	0.03%
ESQ	C	0.03%
ENFN	C	0.03%
BSRR	D	0.03%
DJCO	C	0.03%
ASRT	F	0.03%
RMNI	F	0.03%
WRLD	F	0.03%
TTI	D	0.03%
CFFN	D	0.03%
CMT	F	0.03%
LOVE	C	0.03%
HBCP	D	0.03%
IPI	D	0.03%
NFBK	D	0.03%
IIIV	D	0.03%
ERII	C	0.03%
ORRF	C	0.03%
DENN	D	0.03%
EBTC	C	0.03%
HTLD	F	0.03%
NVEC	D	0.03%
EPM	B	0.03%
ORGO	C	0.03%
BWB	B	0.03%
CVGW	B	0.02%
FRST	D	0.02%
ITI	A	0.02%
ESCA	D	0.02%
PBPB	D	0.02%
SMTI	F	0.02%
AEHR	F	0.02%
ITIC	C	0.02%
SMLR	F	0.02%
CCRD	D	0.02%
FMAO	D	0.02%
UPLD	D	0.02%
XPOF	F	0.02%
PAY	D	0.02%
PKE	D	0.02%
HCAT	C	0.02%
III	F	0.02%
BMRC	D	0.02%
PKBK	C	0.02%
TBI	F	0.02%
TUSK	B	0.02%
BCML	B	0.02%
SRDX	D	0.02%
EEX	F	0.02%
FRPH	B	0.02%
HRTG	D	0.02%
CVGI	F	0.02%
MPAA	D	0.02%
NATR	F	0.02%
KRNY	C	0.02%
AGS	A	0.02%
PINE	D	0.02%
CASS	F	0.02%
CEVA	B	0.02%
RM	D	0.02%
FNLC	D	0.02%
NRIM	C	0.02%
CTLP	B	0.02%
AOUT	C	0.02%
UTI	F	0.02%
GNTY	C	0.02%
NGS	D	0.02%
ALTG	F	0.02%
TCBX	C	0.02%
PUBM	F	0.02%
AROW	D	0.02%
FFIC	C	0.02%
SLP	F	0.02%
CTKB	F	0.02%
FLIC	B	0.02%
OVLY	D	0.02%
SIGA	F	0.02%
OFLX	D	0.02%
IBUY	A	0.02%
NRC	F	0.02%
MCS	B	0.02%
KIDS	F	0.02%
RCMT	D	0.02%
LPRO	D	0.02%
ARTNA	F	0.02%
ATEX	D	0.02%
RRBI	D	0.02%
RELL	B	0.02%
VRA	F	0.02%
FLWS	F	0.02%
BCBP	B	0.02%
UTMD	F	0.02%
SHEN	F	0.02%
OFIX	D	0.02%
NC	D	0.02%
PFIS	D	0.02%
CBNK	C	0.02%
RGCO	C	0.02%
OBT	D	0.02%
TZOO	D	0.02%
QUAD	D	0.02%
INDI	F	0.02%
MOFG	D	0.02%
HONE	D	0.02%
PCB	D	0.02%
SAMG	B	0.01%
LUNA	F	0.01%
CRNC	F	0.01%
INFU	D	0.01%
PVBC	D	0.01%
EVC	D	0.01%
MBCN	C	0.01%
MVBF	F	0.01%
EGAN	F	0.01%
NKSH	D	0.01%
HBIO	F	0.01%
SFST	C	0.01%
SSTI	F	0.01%
PBYI	F	0.01%
DHX	F	0.01%
WSBF	D	0.01%
OPRX	F	0.01%
NWFL	C	0.01%
LCNB	D	0.01%
FDBC	D	0.01%
FRBA	D	0.01%
INBK	D	0.01%
MRAM	D	0.01%
INTT	F	0.01%
UEIC	F	0.01%
LTRX	D	0.01%
CZNC	D	0.01%
BWMN	F	0.01%
EVI	D	0.01%
POWW	F	0.01%
DCGO	F	0.01%
NEWT	D	0.01%
TSBK	D	0.01%
SHBI	D	0.01%
PSTL	D	0.01%
CZFS	C	0.01%
CBAN	C	0.01%
CRMT	F	0.01%
STKS	F	0.01%
JYNT	F	0.01%
DGICA	D	0.01%
CFFI	C	0.01%
OIS	D	0.01%
BTMD	F	0.01%
CMP	D	0.01%
PCYO	B	0.01%
WTI	C	0.01%
HGBL	F	0.0%
EZM	A	0.0%
BGFV	D	0.0%
LPSN	D	0.0%
KFS	D	0.0%
ASLE	F	0.0%
SPWH	D	0.0%
ATLO	F	0.0%

EES Underweight 109 Positions Relative to VNQ

Symbol	Grade	Weight
PLD	D	-6.7%
AMT	D	-5.93%
EQIX	C	-4.37%
WELL	C	-4.0%
SPG	A	-3.09%
PSA	C	-3.08%
O	C	-3.06%
DLR	C	-2.79%
CCI	D	-2.76%
EXR	D	-2.12%
CBRE	C	-2.0%
IRM	B	-1.88%
VICI	C	-1.82%
AVB	C	-1.82%
CSGP	F	-1.79%
EQR	C	-1.45%
VTR	C	-1.42%
SBAC	C	-1.38%
INVH	D	-1.28%
WY	C	-1.26%
ESS	D	-1.1%
ARE	D	-1.07%
MAA	D	-1.07%
SUI	D	-0.95%
KIM	C	-0.89%
DOC	C	-0.89%
GLPI	C	-0.8%
UDR	C	-0.79%
CPT	C	-0.76%
AMH	D	-0.74%
WPC	C	-0.74%
ELS	D	-0.73%
REG	C	-0.72%
HST	D	-0.71%
JLL	C	-0.69%
CUBE	C	-0.66%
BXP	B	-0.64%
LAMR	C	-0.63%
REXR	D	-0.63%
OHI	C	-0.55%
EGP	D	-0.51%
FRT	D	-0.49%
NNN	C	-0.49%
Z	C	-0.49%
BRX	C	-0.47%
COLD	D	-0.44%
FR	D	-0.43%
ADC	C	-0.42%
STAG	D	-0.42%
TRNO	D	-0.38%
RHP	B	-0.34%
VNO	B	-0.32%
EPRT	C	-0.32%
KRG	C	-0.32%
PECO	C	-0.26%
IRT	D	-0.26%
CUZ	C	-0.25%
RYN	C	-0.25%
CTRE	C	-0.24%
SLG	C	-0.24%
KRC	C	-0.23%
SBRA	C	-0.22%
MAC	B	-0.2%
BNL	C	-0.2%
PCH	C	-0.2%
EPR	C	-0.2%
APLE	B	-0.19%
SKT	A	-0.19%
NSA	D	-0.19%
CDP	A	-0.19%
PK	D	-0.18%
ZG	C	-0.17%
CWK	D	-0.17%
LXP	D	-0.17%
MPW	C	-0.15%
HHH	C	-0.14%
OUT	C	-0.13%
COMP	C	-0.12%
JOE	D	-0.12%
DBRG	D	-0.12%
IVT	B	-0.11%
GNL	D	-0.1%
ELME	D	-0.09%
PEB	D	-0.09%
JBGS	C	-0.08%
AIV	D	-0.07%
KW	C	-0.07%
OPEN	F	-0.07%
UMH	D	-0.07%
VRE	C	-0.07%
PLYM	D	-0.06%
MMI	D	-0.06%
RDFN	C	-0.06%
UNIT	B	-0.06%
CSR	D	-0.06%
PGRE	D	-0.05%
HPP	F	-0.04%
INN	A	-0.04%
SVC	D	-0.04%
LAND	D	-0.03%
PKST	D	-0.03%
GMRE	C	-0.03%
DHC	C	-0.03%
GOOD	A	-0.03%
CBL	D	-0.02%
OPI	F	-0.01%
SRG	D	-0.01%
NXDT	C	-0.01%
CIO	D	-0.01%

EES: Top Represented Industries & Keywords

Industries: Banks - Regional - US Software - Application Restaurants Biotechnology Software - Infrastructure Savings & Cooperative Banks Oil & Gas E&P Oil & Gas Equipment & Services Specialty Retail Business Services Credit Services Diversified Industrials Engineering & Construction Information Technology Services Insurance - Property & Casualty Communication Equipment Electronic Components Auto Parts Drug Manufacturers - Specialty & Generic Leisure