PSR vs. SRS ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to ProShares UltraShort Real Estate (SRS)

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

$98.53

Average Daily Volume

3,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.60

Average Daily Volume

14,516

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSR	SRS
30 Days	1.69%	-2.53%
60 Days	0.88%	-1.33%
90 Days	3.49%	-5.17%
12 Months	22.14%	-34.39%

26 Overlapping Holdings

Symbol	Grade	Weight in PSR	Weight in SRS	Overlap
AMT	D	6.27%	8.05%	6.27%
ARE	D	2.02%	1.46%	1.46%
BRX	A	4.98%	0.48%	0.48%
CCI	D	3.23%	4.7%	3.23%
CPT	B	0.97%	0.83%	0.83%
CUBE	D	3.52%	0.47%	0.47%
DLR	A	4.33%	2.02%	2.02%
DOC	C	2.48%	1.4%	1.4%
EGP	D	2.3%	0.41%	0.41%
ELS	C	3.14%	1.0%	1.0%
EQIX	A	8.78%	3.91%	3.91%
EQR	B	4.75%	2.24%	2.24%
FR	C	1.93%	0.42%	0.42%
GLPI	B	2.32%	0.72%	0.72%
INVH	D	3.76%	1.28%	1.28%
KIM	A	2.69%	0.67%	0.67%
KRC	C	2.51%	0.63%	0.63%
O	D	4.3%	1.94%	1.94%
PLD	D	3.73%	4.64%	3.73%
PSA	C	3.27%	2.58%	2.58%
REXR	F	2.09%	0.41%	0.41%
RLJ	C	1.02%	0.23%	0.23%
RYN	C	2.13%	0.32%	0.32%
SBAC	D	4.55%	2.21%	2.21%
SPG	C	3.35%	3.53%	3.35%
WELL	C	8.81%	2.73%	2.73%

PSR Overweight 3 Positions Relative to SRS

Symbol	Grade	Weight
ADC	B	3.14%
ESRT	C	1.99%
EPRT	B	1.52%

PSR Underweight 61 Positions Relative to SRS

Symbol	Grade	Weight
AVB	B	-2.35%
CSGP	C	-1.85%
WY	D	-1.8%
VTR	D	-1.71%
ESS	B	-1.59%
CBRE	B	-1.59%
BXP	D	-1.56%
MAA	B	-1.19%
EXR	C	-1.13%
WPC	D	-1.12%
SUI	D	-1.12%
NLY	B	-1.08%
UDR	B	-1.08%
HST	C	-1.0%
MPW	F	-0.9%
VNO	B	-0.83%
REG	B	-0.82%
AGNC	D	-0.77%
VICI	C	-0.76%
OHI	D	-0.74%
NNN	D	-0.74%
FRT	A	-0.71%
IRM	C	-0.7%
JLL	B	-0.69%
LAMR	C	-0.62%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	C	-0.54%
DEI	A	-0.54%
COLD	F	-0.53%
CUZ	B	-0.48%
PK	B	-0.46%
HPP	F	-0.45%
EPR	D	-0.44%
HHH	B	-0.42%
HIW	D	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	D	-0.37%
HR	B	-0.36%
SBRA	B	-0.33%
TWO	D	-0.32%
OUT	A	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	B	-0.31%
NHI	D	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	B	-0.26%
PEB	D	-0.26%
SHO	C	-0.24%
PDM	D	-0.23%
PCH	C	-0.23%
BDN	C	-0.22%
PGRE	D	-0.22%
MAC	A	-0.22%
LXP	D	-0.21%
IVR	D	-0.19%
XHR	A	-0.18%