PFF vs. USRT ETF Comparison

Comparison of iShares US Preferred Stock ETF (PFF) to iShares Core U.S. REIT ETF (USRT)

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

$32.59

Average Daily Volume

3,705,402

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

USRT

iShares Core U.S. REIT ETF

USRT Description

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.

Grade (RS Rating)

Last Trade

$61.01

Average Daily Volume

236,711

Number of Holdings ^*

132

* may have additional holdings in another (foreign) market

Performance

Period	PFF	USRT
30 Days	-1.52%	0.31%
60 Days	-1.68%	-0.42%
90 Days	2.21%	2.62%
12 Months	15.37%	29.00%

28 Overlapping Holdings

Symbol	Grade	Weight in PFF	Weight in USRT	Overlap
ADC	A	0.08%	0.62%	0.08%
AHH	D	0.09%	0.06%	0.06%
AMH	C	0.07%	1.05%	0.07%
BFS	C	0.06%	0.03%	0.03%
BHR	C	0.03%	0.02%	0.02%
CIO	D	0.05%	0.02%	0.02%
CLDT	B	0.07%	0.04%	0.04%
CTO	B	0.07%	0.04%	0.04%
DHC	F	0.1%	0.05%	0.05%
DLR	B	0.11%	4.8%	0.11%
DRH	B	0.07%	0.15%	0.07%
EPR	C	0.06%	0.27%	0.06%
FRT	B	0.08%	0.77%	0.08%
GNL	F	0.06%	0.12%	0.06%
HPP	F	0.14%	0.04%	0.04%
INN	D	0.05%	0.05%	0.05%
KIM	A	0.12%	1.36%	0.12%
LXP	D	0.06%	0.22%	0.06%
NSA	C	0.13%	0.25%	0.13%
PEB	D	0.06%	0.12%	0.06%
PSA	C	0.07%	4.39%	0.07%
REG	A	0.07%	1.12%	0.07%
RLJ	C	0.2%	0.12%	0.12%
SHO	D	0.05%	0.17%	0.05%
SITC	D	0.11%	0.06%	0.06%
SLG	B	0.12%	0.41%	0.12%
UMH	B	0.18%	0.1%	0.1%
VNO	C	0.12%	0.59%	0.12%

PFF Overweight 199 Positions Relative to USRT

Symbol	Grade	Weight
C	A	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	A	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	B	0.36%
LNC	C	0.35%
PRS	C	0.35%
WCC	B	0.35%
BTSG	C	0.35%
SYF	B	0.33%
CHSCL	B	0.33%
BANC	B	0.32%
GTLS	A	0.32%
QRTEP	F	0.32%
CTDD	B	0.31%
DUKB	D	0.31%
CHSCM	D	0.31%
AXS	A	0.31%
SCHW	B	0.31%
WFC	A	0.31%
STT	B	0.31%
UZE	A	0.29%
USM	B	0.29%
FITBI	B	0.29%
BAC	A	0.28%
BPYPM	D	0.28%
NLY	C	0.27%
CHSCN	D	0.27%
SOJC	D	0.27%
TPG	A	0.26%
PFH	D	0.25%
RZB	C	0.25%
MS	A	0.25%
KEY	B	0.25%
CFG	B	0.24%
CG	B	0.24%
KKR	A	0.24%
TDS	B	0.23%
PBI	B	0.23%
DTW	D	0.23%
FG	B	0.23%
HIG	B	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	C	0.19%
ATHS	D	0.19%
ACGLO	D	0.19%
VOYA	B	0.19%
RF	A	0.19%
PRU	A	0.19%
MGR	D	0.18%
WTFCP	A	0.18%
NGL	D	0.18%
KREF	C	0.17%
CMSC	C	0.17%
TCBI	C	0.16%
ALL	A	0.16%
MTB	A	0.16%
WAL	B	0.16%
TVC	C	0.15%
ELC	D	0.15%
BHF	C	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	D	0.14%
GL	C	0.14%
AIZN	D	0.14%
EQH	C	0.14%
EMP	D	0.14%
PNFP	B	0.14%
AGNC	C	0.14%
DBRG	F	0.13%
SNV	C	0.13%
DDT	A	0.13%
KMI	A	0.13%
WRB	A	0.12%
TVE	C	0.12%
EIX	B	0.12%
SLMBP	C	0.12%
GS	A	0.12%
CMSA	C	0.12%
FCNCO	C	0.12%
FITB	B	0.12%
SFB	D	0.12%
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	C	0.1%
SPLP	D	0.1%
FULT	A	0.1%
AFGE	D	0.1%
RITM	C	0.1%
VLY	B	0.1%
TFC	A	0.1%
SF	B	0.1%
HBAN	A	0.1%
CIM	D	0.09%
AMG	B	0.09%
KMPR	A	0.09%
GPMT	C	0.09%
CADE	B	0.09%
ZIONO	D	0.09%
ARR	D	0.09%
AGNCL	B	0.09%
AFGD	C	0.09%
CION	C	0.09%
BNRE.A	A	0.09%
BOH	B	0.08%
CFR	B	0.08%
QVCD	D	0.08%
ATLC	A	0.08%
TWO	F	0.08%
GAIN	B	0.08%
CTVA	C	0.08%
AFGB	C	0.08%
LANDO	C	0.08%
BC	C	0.08%
NYMTL	A	0.08%
ARGD	C	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	F	0.07%
FCRX	A	0.07%
ABR	C	0.07%
MHNC	C	0.07%
FTAI	A	0.07%
ONB	C	0.07%
PMT	C	0.07%
VLYPP	A	0.07%
NEWT	C	0.07%
MFA	D	0.07%
HTLF	B	0.07%
NMFC	D	0.07%
MSBI	B	0.07%
EQC	B	0.07%
TRIN	A	0.07%
FHN	A	0.07%
SNCR	F	0.07%
DX	B	0.07%
RILYN	C	0.06%
COF	C	0.06%
CNOB	B	0.06%
PSEC	D	0.06%
CODI	B	0.06%
VLYPO	B	0.06%
EFC	C	0.06%
BW	D	0.06%
SAR	A	0.06%
BAC	A	0.06%
DCOMP	D	0.06%
FATBP	F	0.05%
MHLA	B	0.05%
FOSL	C	0.05%
ASB	B	0.05%
RC	D	0.05%
SLNHP	B	0.04%
OPI	F	0.04%
XELAP	F	0.0%

PFF Underweight 104 Positions Relative to USRT

Symbol	Grade	Weight
PLD	F	-8.68%
EQIX	A	-7.05%
WELL	A	-6.79%
SPG	A	-4.83%
O	C	-4.08%
EXR	C	-2.85%
IRM	C	-2.77%
VICI	C	-2.73%
AVB	B	-2.69%
EQR	C	-2.3%
VTR	B	-2.12%
INVH	D	-1.71%
ESS	B	-1.6%
MAA	B	-1.52%
ARE	F	-1.51%
SUI	C	-1.28%
DOC	C	-1.21%
UDR	B	-1.2%
ELS	C	-1.08%
GLPI	C	-1.06%
CPT	B	-1.03%
BXP	C	-1.02%
HST	C	-1.0%
WPC	C	-1.0%
LAMR	C	-0.91%
CUBE	C	-0.9%
OHI	C	-0.82%
REXR	F	-0.75%
BRX	A	-0.72%
EGP	D	-0.69%
NNN	C	-0.63%
FR	D	-0.57%
HR	B	-0.55%
RHP	B	-0.54%
STAG	D	-0.54%
COLD	D	-0.51%
TRNO	F	-0.48%
KRG	B	-0.48%
EPRT	B	-0.47%
CTRE	C	-0.39%
IRT	A	-0.39%
PECO	A	-0.39%
KRC	B	-0.38%
CUZ	B	-0.38%
SBRA	C	-0.35%
MAC	B	-0.34%
LINE	F	-0.32%
SKT	A	-0.31%
APLE	B	-0.29%
CDP	C	-0.28%
BNL	C	-0.27%
NHI	D	-0.27%
HIW	C	-0.27%
PK	C	-0.25%
IIPR	D	-0.24%
UE	B	-0.23%
OUT	A	-0.22%
DEI	B	-0.21%
AKR	B	-0.21%
MPW	F	-0.21%
FCPT	C	-0.21%
CURB	D	-0.19%
ROIC	A	-0.18%
AHR	A	-0.18%
IVT	A	-0.17%
LTC	B	-0.14%
GTY	A	-0.13%
SILA	C	-0.12%
ALEX	B	-0.12%
ESRT	C	-0.12%
ELME	D	-0.12%
VRE	B	-0.12%
XHR	B	-0.12%
AAT	B	-0.11%
PDM	D	-0.1%
DEA	D	-0.1%
NTST	C	-0.1%
AIV	C	-0.1%
JBGS	F	-0.1%
NXRT	B	-0.09%
SAFE	F	-0.09%
CSR	B	-0.09%
BDN	C	-0.07%
PGRE	F	-0.07%
GOOD	B	-0.06%
WSR	A	-0.06%
PLYM	F	-0.06%
CBL	B	-0.05%
SVC	F	-0.04%
OLP	B	-0.04%
NLOP	B	-0.04%
PKST	F	-0.04%
ALX	D	-0.04%
CHCT	C	-0.04%
UHT	D	-0.04%
GMRE	F	-0.04%
FPI	B	-0.04%
PSTL	D	-0.03%
LAND	F	-0.03%
NXDT	F	-0.02%
ONL	C	-0.02%
PINE	C	-0.02%
BRT	A	-0.02%
ILPT	F	-0.02%