REIT vs. DFAR ETF Comparison

Comparison of ALPS Active REIT ETF (REIT) to Dimensional US Real Estate ETF (DFAR)

REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.93

Average Daily Volume

11,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAR

Dimensional US Real Estate ETF

DFAR Description

Dimensional US Real Estate ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across real estate sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Dimensional US Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.45

Average Daily Volume

131,518

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	REIT	DFAR
30 Days	0.87%	2.21%
60 Days	6.13%	6.69%
90 Days	14.35%	16.34%
12 Months	31.54%	36.17%

30 Overlapping Holdings

Symbol	Grade	Weight in REIT	Weight in DFAR	Overlap
ADC	B	1.44%	0.55%	0.55%
AMT	C	1.16%	7.8%	1.16%
AVB	C	2.97%	2.35%	2.35%
BRX	B	2.83%	0.61%	0.61%
COLD	D	2.19%	0.56%	0.56%
CUZ	C	2.29%	0.34%	0.34%
DLR	C	3.03%	3.8%	3.03%
DOC	B	4.15%	1.15%	1.15%
ELS	D	2.47%	0.96%	0.96%
EPRT	C	2.71%	0.44%	0.44%
EQIX	B	8.74%	6.0%	6.0%
EQR	C	3.44%	1.9%	1.9%
ESRT	C	1.45%	0.12%	0.12%
EXR	C	4.05%	2.76%	2.76%
FR	C	4.16%	0.54%	0.54%
HST	D	3.11%	0.94%	0.94%
INVH	D	3.96%	1.57%	1.57%
IRM	B	2.04%	2.5%	2.04%
IVT	B	1.63%	0.14%	0.14%
KRC	C	2.26%	0.32%	0.32%
LXP	D	1.91%	0.22%	0.22%
MAC	B	2.35%	0.28%	0.28%
O	A	3.97%	3.9%	3.9%
PLD	D	5.97%	8.3%	5.97%
PSA	C	5.08%	4.09%	4.09%
SBRA	C	2.74%	0.32%	0.32%
SPG	A	4.11%	3.97%	3.97%
UDR	C	3.11%	1.04%	1.04%
VICI	C	4.91%	2.46%	2.46%
WELL	B	4.64%	4.67%	4.64%

REIT Overweight 0 Positions Relative to DFAR

	Symbol	Grade	Weight

REIT Underweight 97 Positions Relative to DFAR

Symbol	Grade	Weight
CCI	A	-3.33%
VTR	B	-1.88%
SBAC	B	-1.61%
ESS	C	-1.4%
MAA	C	-1.35%
ARE	D	-1.29%
SUI	C	-1.22%
KIM	C	-1.14%
GLPI	B	-1.0%
CPT	C	-0.96%
AMH	D	-0.93%
CUBE	C	-0.89%
REG	B	-0.89%
LAMR	C	-0.88%
BXP	C	-0.88%
WPC	C	-0.83%
REXR	D	-0.82%
OHI	C	-0.75%
EGP	D	-0.67%
NNN	A	-0.63%
FRT	B	-0.62%
STAG	D	-0.52%
TRNO	D	-0.48%
VNO	B	-0.46%
RHP	C	-0.46%
KRG	C	-0.42%
SLG	C	-0.35%
IRT	C	-0.34%
CTRE	B	-0.34%
PECO	C	-0.34%
IIPR	C	-0.29%
SKT	A	-0.28%
MPW	C	-0.27%
EPR	C	-0.27%
BNL	B	-0.26%
HIW	C	-0.26%
NHI	C	-0.26%
NSA	C	-0.25%
APLE	D	-0.25%
PK	D	-0.22%
DEI	A	-0.21%
FCPT	C	-0.2%
UE	B	-0.19%
AKR	B	-0.18%
OUT	C	-0.18%
EQC	D	-0.15%
SHO	D	-0.15%
ROIC	B	-0.15%
DRH	D	-0.14%
LTC	C	-0.12%
GTY	B	-0.12%
JBGS	C	-0.11%
XHR	C	-0.11%
GNL	D	-0.11%
UMH	C	-0.1%
DEA	D	-0.1%
RLJ	D	-0.1%
AIV	C	-0.09%
PEB	D	-0.09%
NTST	D	-0.09%
PDM	C	-0.09%
UNIT	C	-0.09%
AAT	C	-0.09%
NXRT	D	-0.08%
CSR	D	-0.08%
BDN	A	-0.07%
SVC	F	-0.06%
PGRE	D	-0.06%
PLYM	D	-0.06%
HPP	F	-0.05%
INN	B	-0.05%
BFS	B	-0.04%
ALX	C	-0.04%
DHC	B	-0.04%
UHT	C	-0.04%
GOOD	A	-0.04%
WSR	B	-0.04%
GMRE	C	-0.04%
CTO	D	-0.03%
CLDT	D	-0.03%
OLP	C	-0.03%
CHCT	F	-0.02%
CIO	C	-0.02%
ILPT	D	-0.02%
PSTL	C	-0.02%
CBL	D	-0.02%
OPI	F	-0.01%
SILA	B	-0.01%
BHR	D	-0.01%
PINE	C	-0.01%
BRT	D	-0.01%
GIPR	F	-0.0%
CMCT	F	-0.0%
SELF	C	-0.0%
CLPR	B	-0.0%
PKST	D	-0.0%
MDV	C	-0.0%