JRE vs. PSR ETF Comparison

Comparison of Janus Henderson U.S. Real Estate ETF (JRE) to PowerShares Active U.S. Real Estate Fund (PSR)

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$25.49

Average Daily Volume

835

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

$97.34

Average Daily Volume

3,427

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JRE	PSR
30 Days	-0.93%	-0.75%
60 Days	-2.23%	-1.77%
90 Days	1.84%	2.38%
12 Months	24.10%	20.95%

10 Overlapping Holdings

Symbol	Grade	Weight in JRE	Weight in PSR	Overlap
EGP	F	3.97%	2.3%	2.3%
ELS	C	3.69%	3.14%	3.14%
EQIX	A	10.68%	8.78%	8.78%
FR	C	3.68%	1.93%	1.93%
KRC	C	2.03%	2.51%	2.03%
O	D	7.6%	4.3%	4.3%
PLD	D	5.42%	3.73%	3.73%
PSA	D	8.38%	3.27%	3.27%
SBAC	D	2.28%	4.55%	2.28%
WELL	A	8.53%	8.81%	8.53%

JRE Overweight 11 Positions Relative to PSR

Symbol	Grade	Weight
AVB	B	5.12%
AMH	D	4.35%
UDR	B	4.09%
FRT	B	3.9%
BXP	D	3.37%
MAC	B	3.01%
SBRA	C	2.79%
RHP	B	2.64%
STAG	F	2.46%
CBRE	B	1.92%
WH	B	1.91%

JRE Underweight 19 Positions Relative to PSR

Symbol	Grade	Weight
AMT	D	-6.27%
BRX	A	-4.98%
EQR	B	-4.75%
DLR	B	-4.33%
INVH	D	-3.76%
CUBE	D	-3.52%
SPG	B	-3.35%
CCI	D	-3.23%
ADC	B	-3.14%
KIM	A	-2.69%
DOC	D	-2.48%
GLPI	C	-2.32%
RYN	D	-2.13%
REXR	F	-2.09%
ARE	D	-2.02%
ESRT	C	-1.99%
EPRT	B	-1.52%
RLJ	C	-1.02%
CPT	B	-0.97%