PPTY vs. REZ ETF Comparison

Comparison of PPTY U.S. Diversified Real Estate ETF (PPTY) to iShares Residential Real Estate Capped ETF (REZ)

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). 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. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$33.78

Average Daily Volume

31,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REZ

iShares Residential Real Estate Capped ETF

REZ Description

The investment seeks to track the investment results of an index composed of U.S. residential, healthcare and self-storage real estate equities. 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. The underlying index measures the performance of the residential, healthcare and self-storage real estate sectors of the U.S. equity market. Components primarily include real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$86.18

Average Daily Volume

148,801

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPTY	REZ
30 Days	0.75%	-1.16%
60 Days	8.11%	8.55%
90 Days	12.67%	12.34%
12 Months	32.97%	35.69%

29 Overlapping Holdings

Symbol	Grade	Weight in PPTY	Weight in REZ	Overlap
AIV	D	0.1%	0.27%	0.1%
AMH	D	2.36%	2.82%	2.36%
ARE	D	3.9%	4.38%	3.9%
AVB	C	4.0%	6.22%	4.0%
CHCT	F	0.16%	0.1%	0.1%
CPT	C	1.5%	2.74%	1.5%
CSR	D	0.35%	0.23%	0.23%
CTRE	C	0.43%	0.95%	0.43%
CUBE	C	0.3%	2.56%	0.3%
DOC	C	0.76%	3.4%	0.76%
ELS	D	0.74%	2.82%	0.74%
EQR	C	2.91%	5.51%	2.91%
ESS	D	1.94%	4.06%	1.94%
EXR	D	0.65%	7.33%	0.65%
GMRE	C	0.09%	0.13%	0.09%
INVH	D	0.86%	4.27%	0.86%
IRT	D	1.67%	0.97%	0.97%
LTC	D	0.33%	0.34%	0.33%
MAA	D	1.88%	3.95%	1.88%
NHI	C	0.43%	0.74%	0.43%
NSA	D	0.26%	0.7%	0.26%
OHI	C	0.72%	2.16%	0.72%
PSA	C	0.91%	11.1%	0.91%
SBRA	C	0.44%	0.92%	0.44%
SUI	D	1.01%	3.55%	1.01%
UDR	C	2.08%	3.22%	2.08%
UMH	D	0.28%	0.27%	0.27%
VTR	C	1.35%	4.47%	1.35%
WELL	C	2.56%	15.16%	2.56%

PPTY Overweight 61 Positions Relative to REZ

Symbol	Grade	Weight
EQIX	C	4.22%
PLD	D	3.8%
DLR	C	3.53%
FCPT	C	3.5%
SPG	A	2.66%
DEA	D	2.62%
HIW	C	2.43%
TRNO	D	2.21%
MAR	A	1.96%
COLD	D	1.84%
REG	C	1.68%
STAG	D	1.64%
HLT	A	1.63%
FRT	D	1.49%
CUZ	C	1.46%
IIPR	C	1.43%
AAT	C	1.41%
EGP	D	1.39%
KIM	C	1.34%
ESRT	C	1.31%
WPC	C	1.22%
AKR	B	1.17%
SLG	C	1.16%
FR	D	1.01%
SKT	A	1.0%
EQC	D	0.98%
BXP	B	0.91%
PECO	C	0.77%
KRG	C	0.77%
GTY	C	0.76%
ADC	C	0.75%
H	B	0.65%
HST	D	0.63%
O	C	0.55%
DEI	A	0.53%
RHP	B	0.51%
WH	C	0.45%
DBRG	D	0.44%
CHH	A	0.44%
NTST	F	0.41%
APLE	B	0.38%
SHO	B	0.34%
IVT	B	0.33%
NHC	D	0.3%
AHH	F	0.25%
ALEX	D	0.19%
ROIC	C	0.17%
VNO	B	0.12%
BNL	C	0.11%
NNN	C	0.1%
BFS	C	0.1%
XHR	A	0.1%
REXR	D	0.1%
JBGS	C	0.1%
DRH	B	0.1%
UE	C	0.1%
KRC	C	0.1%
EPRT	C	0.1%
BRX	C	0.1%
PLYM	D	0.09%
LXP	D	0.09%

PPTY Underweight 10 Positions Relative to REZ

Symbol	Grade	Weight
HR	D	-1.47%
MPW	C	-0.74%
AHR	C	-0.45%
ELME	D	-0.33%
SILA	C	-0.32%
VRE	C	-0.3%
NXRT	D	-0.21%
DHC	C	-0.19%
UHT	D	-0.12%
BRT	D	-0.04%