REK vs. DFAR ETF Comparison

Comparison of ProShares Short Real Estate (REK) to Dimensional US Real Estate ETF (DFAR)

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) 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 the inverse (-1x) 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

$16.82

Average Daily Volume

10,617

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

$24.68

Average Daily Volume

123,443

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	REK	DFAR
30 Days	1.28%	-1.16%
60 Days	4.65%	-3.89%
90 Days	-2.49%	3.62%
12 Months	-14.54%	24.28%

70 Overlapping Holdings

Symbol	Grade	Weight in REK	Weight in DFAR	Overlap
AIV	C	0.61%	0.08%	0.08%
AMH	C	0.54%	0.9%	0.54%
AMT	F	8.05%	6.82%	6.82%
APLE	B	0.26%	0.27%	0.26%
ARE	F	1.46%	1.32%	1.32%
AVB	A	2.35%	2.45%	2.35%
BDN	D	0.22%	0.07%	0.07%
BRX	A	0.48%	0.64%	0.48%
BXP	D	1.56%	0.91%	0.91%
CCI	F	4.7%	3.37%	3.37%
COLD	F	0.53%	0.45%	0.45%
CPT	C	0.83%	0.95%	0.83%
CUBE	D	0.47%	0.82%	0.47%
CUZ	C	0.48%	0.36%	0.36%
DEI	C	0.54%	0.24%	0.24%
DLR	C	2.02%	4.38%	2.02%
DOC	C	1.4%	1.18%	1.18%
EGP	C	0.41%	0.63%	0.41%
ELS	C	1.0%	0.96%	0.96%
EPR	D	0.44%	0.26%	0.26%
EQC	C	0.31%	0.07%	0.07%
EQIX	B	3.91%	6.37%	3.91%
EQR	C	2.24%	1.9%	1.9%
ESS	C	1.59%	1.45%	1.45%
EXR	D	1.13%	2.61%	1.13%
FR	C	0.42%	0.53%	0.42%
FRT	C	0.71%	0.63%	0.63%
GLPI	D	0.72%	1.0%	0.72%
HIW	D	0.41%	0.27%	0.27%
HPP	F	0.45%	0.04%	0.04%
HST	C	1.0%	0.93%	0.93%
INVH	D	1.28%	1.52%	1.28%
IRM	D	0.7%	2.58%	0.7%
JBGS	F	0.37%	0.11%	0.11%
KIM	A	0.67%	1.24%	0.67%
KRC	C	0.63%	0.34%	0.34%
LAMR	D	0.62%	0.85%	0.62%
LXP	C	0.21%	0.21%	0.21%
MAA	C	1.19%	1.36%	1.19%
MAC	B	0.22%	0.32%	0.22%
MPW	F	0.9%	0.22%	0.22%
NHI	D	0.29%	0.27%	0.27%
NNN	F	0.74%	0.57%	0.57%
O	D	1.94%	3.67%	1.94%
OHI	C	0.74%	0.77%	0.74%
OUT	C	0.32%	0.17%	0.17%
PDM	D	0.23%	0.09%	0.09%
PEB	D	0.26%	0.11%	0.11%
PGRE	B	0.22%	0.07%	0.07%
PK	B	0.46%	0.22%	0.22%
PLD	D	4.64%	7.77%	4.64%
PSA	C	2.58%	3.93%	2.58%
REG	A	0.82%	0.95%	0.82%
REXR	F	0.41%	0.71%	0.41%
RHP	B	0.37%	0.47%	0.37%
RLJ	B	0.23%	0.11%	0.11%
SBAC	D	2.21%	1.74%	1.74%
SBRA	C	0.33%	0.34%	0.33%
SHO	C	0.24%	0.15%	0.15%
SLG	C	0.58%	0.4%	0.4%
SPG	B	3.53%	4.28%	3.53%
SUI	D	1.12%	1.13%	1.12%
SVC	F	0.31%	0.04%	0.04%
UDR	C	1.08%	1.03%	1.03%
VICI	D	0.76%	2.39%	0.76%
VNO	C	0.83%	0.55%	0.55%
VTR	C	1.71%	1.96%	1.71%
WELL	B	2.73%	4.9%	2.73%
WPC	F	1.12%	0.91%	0.91%
XHR	B	0.18%	0.11%	0.11%

REK Overweight 17 Positions Relative to DFAR

Symbol	Grade	Weight
CSGP	D	1.85%
WY	F	1.8%
CBRE	A	1.59%
NLY	C	1.08%
AGNC	C	0.77%
JLL	C	0.69%
STWD	D	0.56%
HHH	B	0.42%
BXMT	D	0.39%
HR	C	0.36%
TWO	F	0.32%
RYN	F	0.32%
CIM	D	0.31%
DSS	F	0.28%
MFA	D	0.28%
PCH	F	0.23%
IVR	D	0.19%

REK Underweight 60 Positions Relative to DFAR

Symbol	Grade	Weight
ADC	A	-0.58%
STAG	D	-0.5%
KRG	B	-0.44%
EPRT	C	-0.44%
TRNO	D	-0.44%
CTRE	C	-0.37%
IRT	A	-0.35%
PECO	A	-0.35%
SKT	B	-0.31%
CDP	C	-0.27%
BNL	D	-0.25%
NSA	D	-0.23%
IIPR	F	-0.23%
AKR	C	-0.22%
UE	B	-0.21%
FCPT	C	-0.19%
ROIC	A	-0.17%
IVT	B	-0.16%
DRH	B	-0.14%
LTC	B	-0.13%
ESRT	D	-0.12%
GTY	B	-0.12%
ELME	D	-0.11%
GNL	D	-0.11%
AAT	C	-0.1%
UMH	C	-0.1%
DEA	D	-0.1%
UNIT	C	-0.1%
CSR	C	-0.09%
VRE	B	-0.09%
NTST	F	-0.09%
NXRT	C	-0.08%
PLYM	F	-0.06%
WSR	A	-0.05%
GOOD	B	-0.05%
INN	C	-0.05%
CTO	C	-0.04%
ALX	D	-0.04%
UHT	D	-0.04%
BFS	C	-0.04%
GMRE	D	-0.04%
DHC	F	-0.03%
CBL	B	-0.03%
CLDT	B	-0.03%
OLP	B	-0.03%
CIO	D	-0.02%
BRT	C	-0.02%
ILPT	D	-0.02%
CHCT	C	-0.02%
SILA	D	-0.02%
PSTL	B	-0.02%
BHR	B	-0.01%
ALEX	B	-0.01%
PINE	D	-0.01%
CMCT	F	-0.0%
SELF	B	-0.0%
CLPR	C	-0.0%
PKST	D	-0.0%
OPI	F	-0.0%
MDV	C	-0.0%