GREI vs. NBGR ETF Comparison

Comparison of Goldman Sachs Future Real Estate (GREI) to Neuberger Berman Global Real Estate ETF (NBGR)

GREI

Goldman Sachs Future Real Estate

GREI Description

Goldman Sachs Future Real Estate seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non‑U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability.

Grade (RS Rating)

Last Trade

$35.95

Average Daily Volume

368

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBGR

Neuberger Berman Global Real Estate ETF

NBGR Description

The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It defines a real estate company as one that derives at least 50% of its revenue or profits from real estate or has at least 50% of its assets invested in real estate.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

1,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GREI	NBGR
30 Days	-1.71%	-3.53%
60 Days	-5.03%	-6.63%
90 Days	-1.52%	-3.30%
12 Months	14.90%	14.72%

14 Overlapping Holdings

Symbol	Grade	Weight in GREI	Weight in NBGR	Overlap
AMH	D	2.14%	0.87%	0.87%
AMT	D	2.89%	4.44%	2.89%
AVB	B	2.7%	3.27%	2.7%
DLR	B	3.13%	1.47%	1.47%
ELS	C	2.41%	1.09%	1.09%
EQIX	A	4.67%	5.17%	4.67%
EXR	D	2.78%	1.5%	1.5%
INVH	D	1.72%	1.73%	1.72%
PLD	D	4.68%	5.36%	4.68%
REXR	F	1.76%	0.89%	0.89%
SBAC	D	2.11%	1.69%	1.69%
VICI	C	2.49%	1.16%	1.16%
VTR	C	2.36%	2.28%	2.28%
WELL	A	3.65%	3.25%	3.25%

GREI Overweight 11 Positions Relative to NBGR

Symbol	Grade	Weight
LNG	B	4.39%
NEE	D	4.22%
WEC	A	2.82%
XEL	A	2.64%
CMS	C	2.36%
COLD	D	1.93%
NSC	B	1.93%
AEE	A	1.93%
AWK	D	1.9%
ARE	D	1.68%
ES	D	1.61%

GREI Underweight 19 Positions Relative to NBGR

Symbol	Grade	Weight
IRM	D	-3.1%
SPG	B	-3.09%
PSA	D	-2.92%
SUI	D	-2.49%
UDR	B	-1.56%
KIM	A	-1.49%
O	D	-1.49%
EPRT	B	-1.34%
WY	D	-1.29%
CCI	D	-1.25%
CPT	B	-1.23%
GLPI	C	-1.19%
KRC	C	-1.16%
FRT	B	-1.11%
OHI	C	-1.11%
MAC	B	-1.02%
BXP	D	-0.78%
HPP	F	-0.62%
ROIC	A	-0.54%