GYLD vs. CRED ETF Comparison

Comparison of Arrow Dow Jones Global Yield ETF ETF (GYLD) to Columbia Research Enhanced Real Estate ETF (CRED)

GYLD

Arrow Dow Jones Global Yield ETF ETF

GYLD Description

The investment seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones Global Composite Yield Index (the "underlying index"). The fund uses a "passive" or "indexing" investment approach to seek to track the price and yield performance of the underlying index. It invests at least 80% of its total assets in the component securities of the underlying index (or depositary receipts representing those securities). The underlying index seeks to identify the 150 highest yielding investable securities in the world.

Grade (RS Rating)

Last Trade

$12.85

Average Daily Volume

3,752

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.49

Average Daily Volume

686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GYLD	CRED
30 Days	-4.03%	-1.15%
60 Days	-4.60%	-1.36%
90 Days	-2.46%	2.39%
12 Months	12.61%	25.12%

9 Overlapping Holdings

Symbol	Grade	Weight in GYLD	Weight in CRED	Overlap
BDN	C	0.79%	0.16%	0.16%
BNL	D	0.73%	0.43%	0.43%
EPR	C	0.72%	0.77%	0.72%
GMRE	F	0.72%	0.11%	0.11%
GNL	F	0.68%	0.31%	0.31%
HIW	C	0.76%	0.78%	0.76%
MPW	F	0.56%	0.47%	0.47%
OHI	C	0.78%	1.36%	0.78%
PDM	D	0.75%	0.27%	0.27%

GYLD Overweight 30 Positions Relative to CRED

Symbol	Grade	Weight
KNTK	A	0.91%
MO	A	0.88%
MPLX	A	0.83%
ET	A	0.81%
ARLP	A	0.8%
UAN	B	0.79%
EPD	A	0.78%
ENLC	A	0.78%
CQP	B	0.77%
DMLP	A	0.77%
AM	A	0.76%
GLP	A	0.76%
BSM	B	0.75%
PAGP	A	0.73%
SUN	B	0.72%
CAPL	C	0.71%
PAA	B	0.71%
KRP	B	0.71%
WES	C	0.71%
HESM	B	0.71%
IEP	F	0.7%
DEA	D	0.7%
USAC	B	0.69%
DKL	C	0.69%
SPH	C	0.68%
GEL	D	0.65%
IIPR	D	0.6%
SVC	F	0.43%
NEP	F	0.42%
NRP	B	0.0%

GYLD Underweight 61 Positions Relative to CRED

Symbol	Grade	Weight
AMT	C	-10.98%
SPG	A	-7.67%
EQIX	A	-7.18%
CCI	C	-6.96%
DLR	B	-6.22%
O	C	-5.9%
IRM	C	-3.91%
AVB	B	-3.32%
MAA	B	-3.18%
DOC	C	-2.75%
SBAC	D	-2.68%
INVH	D	-2.5%
WY	F	-2.39%
LAMR	C	-1.93%
GLPI	C	-1.81%
AMH	C	-1.7%
BXP	C	-1.51%
BRX	A	-1.45%
SUI	C	-1.31%
HST	C	-1.27%
CUBE	C	-1.2%
KRG	B	-1.01%
STAG	D	-0.96%
FR	D	-0.92%
KRC	B	-0.87%
NNN	C	-0.85%
RHP	B	-0.85%
CUZ	B	-0.83%
SBRA	C	-0.76%
CTRE	C	-0.73%
VNO	C	-0.64%
APLE	B	-0.64%
NSA	C	-0.63%
PECO	A	-0.61%
EPRT	B	-0.54%
RYN	D	-0.51%
OUT	A	-0.51%
LXP	D	-0.49%
MAC	B	-0.43%
PK	C	-0.4%
CDP	C	-0.39%
SKT	A	-0.39%
PCH	F	-0.36%
DEI	B	-0.33%
UE	B	-0.28%
UNIT	B	-0.22%
XHR	B	-0.2%
RLJ	C	-0.19%
DRH	B	-0.19%
JBGS	F	-0.18%
SHO	D	-0.17%
AHH	D	-0.17%
UMH	B	-0.14%
ESRT	C	-0.13%
PEB	D	-0.12%
WSR	A	-0.12%
INN	D	-0.09%
PGRE	F	-0.08%
HPP	F	-0.07%
ILPT	F	-0.02%
OPI	F	-0.01%