PSR vs. IYR ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to iShares U.S. Real Estate ETF (IYR)

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

$96.74

Average Daily Volume

3,328

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYR

iShares U.S. Real Estate ETF

IYR Description

The investment seeks to track the investment results of an index composed of U.S. equities in the real estate sector. 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 Dow Jones U.S. Real Estate Index (the "underlying index"), which measures the performance of the real estate sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include real estate investment trusts ("REITs").

Grade (RS Rating)

Last Trade

$99.62

Average Daily Volume

5,414,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSR	IYR
30 Days	-0.38%	-0.39%
60 Days	-1.34%	-1.91%
90 Days	1.75%	1.18%
12 Months	20.21%	24.24%

26 Overlapping Holdings

Symbol	Grade	Weight in PSR	Weight in IYR	Overlap
ADC	A	3.14%	0.57%	0.57%
AMT	C	6.27%	6.8%	6.27%
ARE	F	2.02%	1.23%	1.23%
BRX	A	4.98%	0.65%	0.65%
CCI	C	3.23%	3.38%	3.23%
CPT	B	0.97%	0.96%	0.96%
CUBE	C	3.52%	0.82%	0.82%
DLR	B	4.33%	4.14%	4.14%
DOC	C	2.48%	1.1%	1.1%
EGP	D	2.3%	0.63%	0.63%
ELS	C	3.14%	0.99%	0.99%
EQIX	A	8.78%	6.31%	6.31%
EQR	C	4.75%	1.88%	1.88%
FR	D	1.93%	0.52%	0.52%
GLPI	C	2.32%	1.01%	1.01%
INVH	D	3.76%	1.44%	1.44%
KIM	A	2.69%	1.26%	1.26%
KRC	B	2.51%	0.31%	0.31%
O	C	4.3%	3.69%	3.69%
PLD	F	3.73%	7.78%	3.73%
PSA	C	3.27%	3.95%	3.27%
REXR	F	2.09%	0.69%	0.69%
RYN	D	2.13%	0.3%	0.3%
SBAC	D	4.55%	1.78%	1.78%
SPG	A	3.35%	4.14%	3.35%
WELL	A	8.81%	4.84%	4.84%

PSR Overweight 3 Positions Relative to IYR

Symbol	Grade	Weight
ESRT	C	1.99%
EPRT	B	1.52%
RLJ	C	1.02%

PSR Underweight 38 Positions Relative to IYR

Symbol	Grade	Weight
CBRE	B	-2.94%
EXR	C	-2.61%
IRM	C	-2.52%
VICI	C	-2.48%
AVB	B	-2.44%
CSGP	D	-2.19%
VTR	B	-1.97%
WY	F	-1.69%
ESS	B	-1.45%
MAA	B	-1.38%
SUI	C	-1.1%
UDR	B	-1.0%
JLL	D	-0.93%
HST	C	-0.91%
WPC	C	-0.91%
REG	A	-0.9%
AMH	C	-0.89%
BXP	C	-0.86%
LAMR	C	-0.83%
Z	A	-0.82%
OHI	C	-0.77%
NLY	C	-0.74%
FRT	B	-0.64%
NNN	C	-0.58%
AGNC	C	-0.56%
VNO	C	-0.51%
STAG	D	-0.5%
HR	B	-0.48%
STWD	C	-0.46%
COLD	D	-0.43%
RITM	C	-0.42%
CUZ	B	-0.35%
SBRA	C	-0.32%
ZG	A	-0.29%
LINE	F	-0.28%
PCH	F	-0.23%
HHH	B	-0.18%
SEG	B	-0.02%