PFF vs. BBRE ETF Comparison

Comparison of iShares US Preferred Stock ETF (PFF) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

PFF

iShares US Preferred Stock ETF

PFF Description

The investment seeks to track the investment results of an index composed of U.S. preferred stocks. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P U.S. Preferred Stock IndexTM (the "underlying index"), which measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (" NYSE"), NYSE Arca, Inc. ("NYSE Arca"), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.54

Average Daily Volume

3,723,923

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$99.95

Average Daily Volume

36,709

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	PFF	BBRE
30 Days	-1.83%	-0.25%
60 Days	-2.40%	-1.20%
90 Days	2.10%	3.58%
12 Months	13.93%	28.34%

25 Overlapping Holdings

Symbol	Grade	Weight in PFF	Weight in BBRE	Overlap
ADC	A	0.08%	0.6%	0.08%
AHH	D	0.09%	0.08%	0.08%
AMH	C	0.07%	1.04%	0.07%
BFS	C	0.06%	0.06%	0.06%
CLDT	C	0.07%	0.04%	0.04%
DHC	F	0.1%	0.03%	0.03%
DLR	A	0.11%	4.55%	0.11%
DRH	B	0.07%	0.17%	0.07%
EPR	D	0.06%	0.3%	0.06%
EQC	A	0.07%	0.2%	0.07%
FRT	B	0.08%	0.73%	0.08%
GNL	D	0.06%	0.13%	0.06%
HPP	F	0.14%	0.05%	0.05%
INN	D	0.05%	0.07%	0.05%
KIM	A	0.12%	1.46%	0.12%
LXP	D	0.06%	0.23%	0.06%
NSA	C	0.13%	0.33%	0.13%
PEB	F	0.06%	0.15%	0.06%
PSA	D	0.07%	4.26%	0.07%
REG	A	0.07%	1.08%	0.07%
RLJ	C	0.2%	0.14%	0.14%
SHO	D	0.05%	0.2%	0.05%
SLG	B	0.12%	0.45%	0.12%
UMH	B	0.18%	0.1%	0.1%
VNO	C	0.12%	0.62%	0.12%

PFF Overweight 202 Positions Relative to BBRE

Symbol	Grade	Weight
C	B	1.68%
ALB	B	1.35%
HPE	B	1.13%
NEE	C	1.08%
ARES	A	1.0%
T	A	0.88%
TBB	C	0.79%
T	A	0.64%
DUK	C	0.62%
SOJD	D	0.55%
TBC	C	0.51%
SREA	D	0.46%
RZC	C	0.46%
NEE	C	0.42%
JPM	B	0.41%
APO	B	0.4%
CMSD	C	0.38%
MET	A	0.37%
JXN	C	0.37%
SO	C	0.37%
F	C	0.37%
CHSCO	C	0.36%
LNC	B	0.35%
PRS	C	0.35%
WCC	B	0.35%
BTSG	B	0.35%
SYF	B	0.33%
CHSCL	B	0.33%
BANC	B	0.32%
GTLS	A	0.32%
QRTEP	D	0.32%
CTDD	B	0.31%
DUKB	C	0.31%
CHSCM	D	0.31%
AXS	A	0.31%
SCHW	A	0.31%
WFC	A	0.31%
STT	A	0.31%
UZE	B	0.29%
USM	B	0.29%
FITBI	A	0.29%
BAC	A	0.28%
BPYPM	D	0.28%
NLY	D	0.27%
CHSCN	D	0.27%
SOJC	D	0.27%
TPG	A	0.26%
PFH	D	0.25%
RZB	C	0.25%
MS	B	0.25%
KEY	B	0.25%
CFG	B	0.24%
CG	B	0.24%
KKR	B	0.24%
TDS	B	0.23%
PBI	C	0.23%
DTW	D	0.23%
FG	B	0.23%
HIG	A	0.22%
NTRS	A	0.22%
CHSCP	F	0.22%
EAI	D	0.22%
AGNCN	A	0.21%
USB	A	0.21%
FCNCA	A	0.2%
ESGRP	D	0.2%
UNMA	D	0.19%
ATHS	C	0.19%
ACGLO	D	0.19%
VOYA	B	0.19%
RF	A	0.19%
PRU	B	0.19%
MGR	D	0.18%
WTFCP	A	0.18%
NGL	C	0.18%
KREF	D	0.17%
CMSC	C	0.17%
TCBI	B	0.16%
ALL	A	0.16%
MTB	A	0.16%
WAL	B	0.16%
TVC	C	0.15%
ELC	D	0.15%
BHF	B	0.15%
NRUC	D	0.15%
NAVI	F	0.15%
RNR	C	0.15%
SR	A	0.15%
GPJA	D	0.15%
OZKAP	D	0.15%
WAFD	B	0.14%
FBRT	C	0.14%
GL	C	0.14%
AIZN	D	0.14%
EQH	B	0.14%
EMP	D	0.14%
PNFP	B	0.14%
AGNC	C	0.14%
DBRG	F	0.13%
SNV	B	0.13%
DDT	A	0.13%
KMI	A	0.13%
WRB	A	0.12%
TVE	C	0.12%
EIX	C	0.12%
SLMBP	D	0.12%
GS	B	0.12%
CMSA	D	0.12%
FCNCO	D	0.12%
FITB	B	0.12%
SFB	D	0.12%
SITC	D	0.11%
LBRDP	D	0.11%
AUB	B	0.11%
CMS	C	0.11%
DTE	C	0.11%
HWC	B	0.11%
AFGC	D	0.11%
NYMTM	A	0.11%
SIGI	C	0.1%
WSBC	B	0.1%
TRTX	B	0.1%
SPLP	D	0.1%
FULT	B	0.1%
AFGE	D	0.1%
RITM	D	0.1%
VLY	B	0.1%
TFC	B	0.1%
SF	B	0.1%
HBAN	B	0.1%
CIM	D	0.09%
AMG	B	0.09%
KMPR	A	0.09%
GPMT	B	0.09%
CADE	B	0.09%
ZIONO	D	0.09%
ARR	D	0.09%
AGNCL	B	0.09%
AFGD	C	0.09%
CION	D	0.09%
BNRE.A	A	0.09%
BOH	B	0.08%
CFR	B	0.08%
QVCD	D	0.08%
ATLC	A	0.08%
TWO	D	0.08%
GAIN	B	0.08%
CTVA	C	0.08%
AFGB	C	0.08%
LANDO	C	0.08%
BC	F	0.08%
NYMTL	A	0.08%
ARGD	D	0.08%
CNO	B	0.08%
WTFCM	A	0.08%
MBIN	F	0.08%
WBS	A	0.08%
NYMTN	D	0.08%
RILY	F	0.07%
ACR	A	0.07%
ENO	D	0.07%
BPOPM	C	0.07%
PCG	A	0.07%
IVR	D	0.07%
FCRX	A	0.07%
ABR	C	0.07%
CTO	B	0.07%
MHNC	C	0.07%
FTAI	A	0.07%
ONB	B	0.07%
PMT	D	0.07%
VLYPP	A	0.07%
NEWT	B	0.07%
MFA	D	0.07%
HTLF	B	0.07%
NMFC	D	0.07%
MSBI	B	0.07%
TRIN	A	0.07%
FHN	B	0.07%
SNCR	F	0.07%
DX	B	0.07%
RILYN	D	0.06%
COF	B	0.06%
CNOB	B	0.06%
PSEC	D	0.06%
CODI	B	0.06%
VLYPO	B	0.06%
EFC	D	0.06%
BW	C	0.06%
SAR	A	0.06%
BAC	A	0.06%
DCOMP	D	0.06%
FATBP	F	0.05%
MHLA	B	0.05%
CIO	F	0.05%
FOSL	C	0.05%
ASB	B	0.05%
RC	D	0.05%
SLNHP	B	0.04%
OPI	F	0.04%
BHR	C	0.03%
XELAP	F	0.0%

PFF Underweight 89 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	D	-8.82%
EQIX	A	-7.26%
WELL	A	-6.14%
SPG	A	-4.71%
O	D	-3.78%
EXR	C	-2.99%
IRM	C	-2.92%
AVB	B	-2.82%
VICI	C	-2.63%
VTR	B	-2.26%
EQR	C	-2.25%
INVH	D	-1.79%
ESS	B	-1.71%
MAA	B	-1.62%
ARE	F	-1.48%
SUI	C	-1.35%
DOC	D	-1.33%
UDR	C	-1.27%
HST	D	-1.13%
ELS	B	-1.12%
GLPI	C	-1.11%
CPT	C	-1.07%
BXP	D	-1.04%
WPC	C	-1.01%
CUBE	D	-0.94%
OHI	C	-0.85%
BRX	A	-0.76%
REXR	F	-0.67%
EGP	D	-0.67%
NNN	C	-0.67%
FR	D	-0.62%
STAG	D	-0.58%
COLD	D	-0.54%
RHP	B	-0.53%
KRG	A	-0.53%
EPRT	A	-0.42%
CUZ	B	-0.42%
PECO	B	-0.41%
IRT	A	-0.41%
TRNO	D	-0.41%
SBRA	B	-0.4%
MAC	A	-0.37%
KRC	C	-0.37%
SKT	A	-0.34%
CDP	D	-0.32%
APLE	B	-0.31%
NHI	D	-0.31%
PK	D	-0.3%
HIW	D	-0.3%
DEI	A	-0.29%
BNL	D	-0.27%
CTRE	C	-0.27%
IIPR	F	-0.26%
UE	B	-0.25%
MPW	F	-0.23%
IVT	A	-0.21%
FCPT	C	-0.21%
AKR	A	-0.21%
ROIC	A	-0.19%
XHR	B	-0.16%
ELME	D	-0.14%
JBGS	D	-0.14%
LTC	B	-0.14%
VRE	A	-0.13%
ALEX	A	-0.13%
AAT	A	-0.13%
ESRT	C	-0.13%
GTY	A	-0.12%
AIV	C	-0.12%
PDM	D	-0.11%
NXRT	A	-0.1%
CSR	B	-0.1%
DEA	D	-0.1%
PLYM	F	-0.08%
NTST	D	-0.08%
BDN	C	-0.08%
PGRE	F	-0.08%
GOOD	B	-0.07%
WSR	B	-0.07%
FPI	A	-0.06%
OLP	B	-0.05%
ALX	D	-0.05%
GMRE	F	-0.05%
UHT	D	-0.05%
CBL	A	-0.04%
LAND	F	-0.04%
CHCT	C	-0.04%
SVC	F	-0.04%
PKST	F	-0.03%