KBWY vs. GQRE ETF Comparison

Comparison of PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY) to FlexShares Global Quality Real Estate Index Fund (GQRE)

KBWY

PowerShares KBW Premium Yield Equity REIT Portfolio ETF

KBWY Description

The PowerShares KBW Premium Yield Equity REIT Portfolio (Fund) is based on the KBW Premium Yield Equity REIT Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 small- and mid-cap equity REITs in the United States. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$20.83

Average Daily Volume

96,801

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.83

Average Daily Volume

18,812

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWY	GQRE
30 Days	2.68%	1.95%
60 Days	6.78%	8.09%
90 Days	19.95%	13.98%
12 Months	37.05%	34.00%

13 Overlapping Holdings

Symbol	Grade	Weight in KBWY	Weight in GQRE	Overlap
AAT	C	2.59%	0.24%	0.24%
APLE	D	3.77%	0.44%	0.44%
BNL	C	3.53%	0.46%	0.46%
EPR	C	3.98%	0.47%	0.47%
HIW	C	3.42%	0.46%	0.46%
IIPR	C	3.61%	0.5%	0.5%
KIM	C	2.2%	2.01%	2.01%
LTC	D	3.34%	0.26%	0.26%
NSA	C	2.63%	0.43%	0.43%
NXRT	D	1.94%	0.23%	0.23%
PDM	C	2.82%	0.26%	0.26%
SBRA	C	4.12%	0.56%	0.56%
SLG	C	2.54%	0.58%	0.58%

KBWY Overweight 14 Positions Relative to GQRE

Symbol	Grade	Weight
SVC	F	8.13%
GNL	D	6.83%
GMRE	C	5.17%
GOOD	A	4.47%
DEA	D	4.47%
OUT	C	4.09%
OHI	C	3.73%
WPC	C	3.27%
AHH	F	3.19%
GLPI	A	3.08%
GTY	C	3.04%
FCPT	C	2.74%
LXP	D	2.66%
OPI	F	0.96%

KBWY Underweight 50 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	A	-5.29%
DLR	C	-5.01%
AVB	C	-4.15%
EQR	C	-3.26%
PLD	D	-3.14%
AMT	C	-2.69%
VICI	C	-2.5%
ESS	C	-2.45%
UDR	C	-1.82%
CPT	C	-1.7%
HST	D	-1.66%
EQIX	B	-1.65%
AMH	D	-1.63%
CUBE	C	-1.55%
LAMR	C	-1.51%
REG	C	-1.48%
WELL	C	-1.29%
NNN	A	-1.15%
FR	C	-0.97%
ADC	B	-0.97%
STAG	D	-0.93%
VNO	A	-0.82%
EPRT	C	-0.77%
KRG	C	-0.75%
IRM	A	-0.68%
PSA	C	-0.67%
IRT	C	-0.59%
CUZ	C	-0.58%
KRC	C	-0.57%
HASI	C	-0.5%
NHI	C	-0.47%
SKT	A	-0.46%
WY	B	-0.45%
O	A	-0.44%
PK	D	-0.41%
UE	C	-0.33%
AKR	C	-0.32%
DBRG	D	-0.31%
EQC	D	-0.28%
SHO	D	-0.28%
XHR	B	-0.27%
IVT	C	-0.27%
JOE	D	-0.27%
ESRT	C	-0.26%
DRH	C	-0.25%
ALEX	D	-0.25%
RLJ	D	-0.23%
CSR	D	-0.22%
CCI	C	-0.2%
HPP	F	-0.18%