REM vs. ISCV ETF Comparison

Comparison of iShares Mortgage Real Estate Capped ETF (REM) to iShares Morningstar Small-Cap Value ETF (ISCV)

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. 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. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.11

Average Daily Volume

429,890

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ISCV

iShares Morningstar Small-Cap Value ETF

ISCV Description

The investment seeks to track the investment results of the Morningstar US Small Cap Broad Value Extended IndexSM composed of small-capitalization U.S. equities that exhibit value characteristics. 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. The underlying index measures the performance of stocks issued by small-capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.âs (Morningstar or the index provider) proprietary index methodology

Grade (RS Rating)

Last Trade

$62.49

Average Daily Volume

9,589

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REM	ISCV
30 Days	-1.61%	-0.95%
60 Days	2.44%	3.93%
90 Days	6.46%	8.21%
12 Months	20.50%	25.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in REM	Weight in ISCV	Overlap
	NLY	C	15.22%	0.44%	0.44%

REM Overweight 32 Positions Relative to ISCV

Symbol	Grade	Weight
AGNC	C	11.44%
STWD	C	9.69%
RITM	D	8.44%
BXMT	C	4.77%
ABR	C	4.27%
TWO	D	3.21%
ARI	F	3.09%
LADR	D	3.05%
MFA	C	2.97%
CIM	C	2.96%
RC	F	2.88%
PMT	C	2.77%
FBRT	C	2.48%
EFC	D	2.43%
RWT	C	2.31%
ARR	D	2.25%
DX	C	2.1%
BRSP	D	1.72%
KREF	C	1.69%
CMTG	F	1.53%
NYMT	D	1.37%
ORC	C	1.31%
TRTX	D	1.2%
IVR	C	1.0%
ACRE	D	0.89%
REFI	C	0.62%
AFCG	D	0.42%
SEVN	C	0.41%
GPMT	D	0.37%
AOMR	F	0.3%
NREF	B	0.3%
SUNS	C	0.2%

REM Underweight 9 Positions Relative to ISCV

Symbol	Grade	Weight
CHRW	A	-0.53%
EWBC	D	-0.51%
RIVN	F	-0.45%
AIZ	A	-0.45%
PNW	A	-0.44%
FBIN	C	-0.44%
GL	C	-0.43%
OHI	C	-0.42%
TPR	B	-0.41%