GREI vs. PSR ETF Comparison

Comparison of Goldman Sachs Future Real Estate (GREI) to PowerShares Active U.S. Real Estate Fund (PSR)

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

$35.28

Average Daily Volume

368

Number of Holdings ^*

* 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

$94.83

Average Daily Volume

2,889

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GREI	PSR
30 Days	-3.83%	-2.85%
60 Days	-6.82%	-3.94%
90 Days	-0.71%	3.33%
12 Months	13.98%	17.83%

10 Overlapping Holdings

Symbol	Grade	Weight in GREI	Weight in PSR	Overlap
AMT	F	2.84%	6.27%	2.84%
ARE	F	1.83%	2.2%	1.83%
DLR	C	2.98%	4.24%	2.98%
ELS	B	2.37%	3.1%	2.37%
EQIX	B	4.59%	8.8%	4.59%
INVH	D	1.68%	3.68%	1.68%
PLD	D	4.52%	3.73%	3.73%
REXR	F	1.74%	2.1%	1.74%
SBAC	D	2.12%	4.47%	2.12%
WELL	B	3.61%	8.85%	3.61%

GREI Overweight 16 Positions Relative to PSR

Symbol	Grade	Weight
LNG	B	4.02%
NEE	D	3.82%
EXR	D	2.76%
WEC	B	2.71%
AVB	B	2.68%
XEL	A	2.51%
VICI	D	2.39%
VTR	C	2.37%
CMS	D	2.28%
AMH	C	2.09%
NSC	B	2.01%
AWK	D	1.82%
AEE	B	1.81%
COLD	F	1.71%
ES	D	1.59%
AES	F	0.89%

GREI Underweight 19 Positions Relative to PSR

Symbol	Grade	Weight
BRX	A	-4.99%
EQR	C	-4.61%
O	D	-4.29%
CUBE	D	-3.47%
SPG	A	-3.28%
PSA	D	-3.25%
CCI	F	-3.24%
ADC	A	-3.03%
DOC	C	-2.7%
KRC	C	-2.69%
KIM	A	-2.66%
GLPI	D	-2.33%
EGP	D	-2.32%
RYN	F	-2.25%
ESRT	D	-2.05%
FR	D	-1.94%
EPRT	C	-1.47%
RLJ	C	-1.01%
CPT	C	-0.97%