NETL vs. KBWY ETF Comparison

Comparison of NETLease Corporate Real Estate ETF (NETL) to PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY)

NETL

NETLease Corporate Real Estate ETF

NETL Description

The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.24

Average Daily Volume

6,606

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$19.66

Average Daily Volume

87,192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NETL	KBWY
30 Days	-5.42%	-5.04%
60 Days	-4.63%	-2.49%
90 Days	-0.46%	1.40%
12 Months	20.36%	22.69%

10 Overlapping Holdings

Symbol	Grade	Weight in NETL	Weight in KBWY	Overlap
BNL	D	3.95%	3.43%	3.43%
EPR	D	3.94%	3.91%	3.91%
FCPT	D	3.58%	2.73%	2.73%
GLPI	D	3.39%	3.12%	3.12%
GNL	D	3.73%	6.53%	3.73%
GOOD	C	4.25%	4.58%	4.25%
GTY	C	4.02%	3.18%	3.18%
IIPR	C	4.22%	3.6%	3.6%
LXP	D	3.72%	2.55%	2.55%
WPC	F	7.79%	3.09%	3.09%

NETL Overweight 10 Positions Relative to KBWY

Symbol	Grade	Weight
O	D	8.2%
NNN	D	8.15%
VICI	D	7.77%
STAG	D	7.43%
EPRT	C	4.21%
ADC	C	4.16%
OLP	C	3.81%
NTST	F	3.79%
PSTL	C	3.5%
PINE	D	1.65%

NETL Underweight 17 Positions Relative to KBWY

Symbol	Grade	Weight
SVC	F	-6.31%
GMRE	D	-4.98%
DEA	C	-4.68%
SBRA	B	-4.3%
OUT	C	-4.2%
OHI	B	-3.91%
APLE	C	-3.76%
HIW	C	-3.75%
LTC	A	-3.31%
AHH	D	-3.29%
PDM	C	-3.12%
SLG	B	-2.86%
AAT	C	-2.74%
NSA	D	-2.43%
KIM	B	-2.33%
NXRT	D	-1.99%
OPI	F	-0.87%