NETL vs. PSR ETF Comparison

Comparison of NETLease Corporate Real Estate ETF (NETL) to PowerShares Active U.S. Real Estate Fund (PSR)

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

$27.44

Average Daily Volume

11,893

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

$99.93

Average Daily Volume

3,294

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NETL	PSR
30 Days	8.36%	8.12%
60 Days	8.63%	9.99%
90 Days	19.70%	17.90%
12 Months	22.95%	21.15%

4 Overlapping Holdings

Symbol	Grade	Weight in NETL	Weight in PSR	Overlap
ADC	B	4.33%	2.51%	2.51%
EPRT	A	4.15%	1.44%	1.44%
GLPI	B	3.5%	2.43%	2.43%
O	B	8.16%	4.7%	4.7%

NETL Overweight 16 Positions Relative to PSR

Symbol	Grade	Weight
VICI	B	8.12%
NNN	B	8.02%
STAG	B	7.77%
WPC	B	7.53%
BNL	A	4.1%
LXP	B	4.09%
GNL	C	4.01%
EPR	B	4.0%
GTY	A	3.95%
IIPR	A	3.92%
OLP	A	3.73%
GOOD	A	3.66%
FCPT	A	3.65%
NTST	C	3.35%
PSTL	B	3.25%
PINE	C	1.73%

NETL Underweight 24 Positions Relative to PSR

Symbol	Grade	Weight
WELL	B	-9.27%
EQIX	B	-7.91%
AMT	B	-7.25%
EQR	B	-4.82%
SBAC	B	-4.74%
BRX	B	-4.73%
REXR	C	-4.58%
PLD	B	-4.21%
INVH	B	-4.07%
ARE	B	-3.9%
CUBE	A	-3.67%
DLR	A	-3.52%
CCI	B	-3.49%
PSA	A	-3.3%
SPG	B	-3.04%
DOC	B	-2.62%
EGP	B	-2.45%
KRC	C	-2.3%
RYN	C	-2.18%
ESRT	B	-1.97%
KIM	B	-1.95%
CPT	B	-1.0%
PEB	D	-0.97%
RLJ	F	-0.96%