FPRO vs. PSR ETF Comparison

Comparison of Fidelity Real Estate Investment ETF (FPRO) to PowerShares Active U.S. Real Estate Fund (PSR)
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

$23.63

Average Daily Volume

5,800

Number of Holdings *

40

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

PowerShares Active U.S. Real Estate Fund

PSR Description The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs). The Fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$96.70

Average Daily Volume

3,012

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period FPRO PSR
30 Days -2.20% -2.19%
60 Days -2.12% -1.38%
90 Days 2.76% 4.20%
12 Months 20.48% 19.97%
14 Overlapping Holdings
Symbol Grade Weight in FPRO Weight in PSR Overlap
AMT D 9.56% 6.27% 6.27%
CCI C 2.18% 3.24% 2.18%
CPT C 1.08% 0.97% 0.97%
CUBE C 3.33% 3.47% 3.33%
DLR A 3.31% 4.24% 3.31%
ELS B 0.4% 3.1% 0.4%
EQIX A 7.21% 8.8% 7.21%
EQR C 2.75% 4.61% 2.75%
INVH D 1.57% 3.68% 1.57%
KIM A 3.9% 2.66% 2.66%
PLD D 10.01% 3.73% 3.73%
PSA C 5.89% 3.25% 3.25%
SBAC D 1.17% 4.47% 1.17%
WELL A 5.23% 8.85% 5.23%
FPRO Overweight 26 Positions Relative to PSR
Symbol Grade Weight
VTR B 5.69%
CBRE B 4.11%
NNN C 3.78%
UDR C 3.51%
SUI C 2.69%
COLD F 2.21%
AMH C 2.09%
MAA A 2.02%
EXR C 1.92%
CSGP F 1.36%
UE A 1.36%
LAMR D 1.29%
STAG D 1.07%
REG A 0.92%
FCPT C 0.84%
PECO A 0.77%
TRNO D 0.73%
SKT A 0.68%
WY D 0.64%
COMP B 0.55%
RHP B 0.45%
ELME D 0.42%
MAC A 0.34%
AKR A 0.24%
IVT A 0.09%
DRH B 0.02%
FPRO Underweight 15 Positions Relative to PSR
Symbol Grade Weight
BRX A -4.99%
O C -4.29%
SPG A -3.28%
ADC A -3.03%
DOC D -2.7%
KRC C -2.69%
GLPI C -2.33%
EGP D -2.32%
RYN D -2.25%
ARE F -2.2%
REXR F -2.1%
ESRT C -2.05%
FR C -1.94%
EPRT A -1.47%
RLJ C -1.01%
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