REIT vs. JPRE ETF Comparison

Comparison of ALPS Active REIT ETF (REIT) to JPMorgan Realty Income ETF (JPRE)

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

$26.17

Average Daily Volume

6,039

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPRE

JPMorgan Realty Income ETF

JPRE Description

The investment seeks to provide high total investment return through a combination of capital appreciation and current income. The fund seeks to achieve its objective by investing substantially all of its assets, and in any event under normal circumstances at least 80% of its net assets (plus the amount of any borrowings for investment purposes), in equity securities of real estate investment trusts (REITs), including REITs with relatively small market capitalizations. It may invest in both equity REITs and mortgage REITs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.78

Average Daily Volume

10,603

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REIT	JPRE
30 Days	5.88%	6.22%
60 Days	5.96%	7.52%
90 Days	7.65%	9.93%
12 Months	6.35%	8.70%

11 Overlapping Holdings

Symbol	Grade	Weight in REIT	Weight in JPRE	Overlap
COLD	C	2.25%	1.46%	1.46%
CUZ	B	2.03%	0.4%	0.4%
DLR	B	3.25%	7.68%	3.25%
ELS	C	2.54%	1.24%	1.24%
EQIX	C	8.62%	8.04%	8.04%
EQR	C	3.59%	4.45%	3.59%
EXR	B	2.89%	4.73%	2.89%
PLD	C	4.05%	8.61%	4.05%
PSA	B	5.94%	0.9%	0.9%
VICI	C	6.14%	4.12%	4.12%
WELL	B	5.02%	7.34%	5.02%

REIT Overweight 17 Positions Relative to JPRE

Symbol	Grade	Weight
AVB	C	6.19%
INVH	C	5.05%
SPG	B	4.88%
LXP	B	4.16%
DOC	B	3.52%
O	C	3.04%
STAG	B	2.93%
BNL	B	2.9%
FR	B	2.74%
EPRT	B	2.61%
MAC	C	2.25%
APLE	D	2.22%
BRX	B	2.21%
OHI	A	2.19%
KRC	C	2.11%
ROIC	C	1.48%
ESRT	B	1.41%

REIT Underweight 16 Positions Relative to JPRE

Symbol	Grade	Weight
AMT	B	-9.85%
VTR	A	-5.84%
UDR	B	-4.74%
SBAC	C	-4.43%
AMH	C	-3.85%
EGP	B	-3.41%
KIM	C	-3.08%
BXP	B	-2.99%
ADC	B	-2.45%
FRT	A	-1.55%
HST	D	-1.31%
WY	D	-1.27%
CTRE	B	-0.97%
VNO	C	-0.4%
DRH	D	-0.31%
OUT	C	-0.12%