ROOF vs. GQRE ETF Comparison
Comparison of IQ US Real Estate Small Cap ETF (ROOF) to FlexShares Global Quality Real Estate Index Fund (GQRE)
ROOF
IQ US Real Estate Small Cap ETF
ROOF Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ U.S. Real Estate Small Cap Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"), the parent company of IndexIQ Advisors LLC, the fund's investment advisor (the "Advisor"). The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector. It is non-diversified.
Grade (RS Rating)
Last Trade
$20.75
Average Daily Volume
99,157
44
GQRE
FlexShares Global Quality Real Estate Index Fund
GQRE Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.Grade (RS Rating)
Last Trade
$60.68
Average Daily Volume
18,376
63
Performance
| Period | ROOF | GQRE |
|---|---|---|
| 30 Days | -2.98% | -0.92% |
| 60 Days | -5.92% | -2.23% |
| 90 Days | -1.18% | 0.75% |
| 12 Months | 14.63% | 21.78% |
21 Overlapping Holdings
| Symbol | Grade | Weight in ROOF | Weight in GQRE | Overlap | |
|---|---|---|---|---|---|
| AMH | C | 1.2% | 1.67% | 1.2% | |
| AMT | C | 4.41% | 2.37% | 2.37% | |
| AVB | B | 2.85% | 4.37% | 2.85% | |
| CCI | C | 4.3% | 0.19% | 0.19% | |
| CPT | B | 1.11% | 1.73% | 1.11% | |
| CSR | B | 0.09% | 0.24% | 0.09% | |
| DLR | B | 5.57% | 5.76% | 5.57% | |
| EQIX | A | 5.1% | 1.74% | 1.74% | |
| EQR | C | 2.44% | 3.36% | 2.44% | |
| ESS | B | 1.69% | 2.62% | 1.69% | |
| FR | D | 1.31% | 0.94% | 0.94% | |
| IIPR | D | 0.54% | 0.4% | 0.4% | |
| IRT | A | 0.42% | 0.63% | 0.42% | |
| LTC | B | 0.14% | 0.28% | 0.14% | |
| NHI | D | 0.3% | 0.45% | 0.3% | |
| NXRT | B | 0.1% | 0.24% | 0.1% | |
| PLD | F | 4.67% | 2.99% | 2.99% | |
| SBRA | C | 0.37% | 0.57% | 0.37% | |
| STAG | D | 1.24% | 0.89% | 0.89% | |
| UDR | B | 1.28% | 1.88% | 1.28% | |
| WELL | A | 5.16% | 1.42% | 1.42% |
ROOF Overweight 23 Positions Relative to GQRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SBAC | D | 4.48% | |
| UNIT | B | 4.25% | |
| VTR | B | 2.3% | |
| INVH | D | 1.81% | |
| REXR | F | 1.73% | |
| MAA | B | 1.63% | |
| ARE | F | 1.61% | |
| EGP | D | 1.58% | |
| SUI | C | 1.36% | |
| DOC | C | 1.27% | |
| COLD | D | 1.17% | |
| ELS | C | 1.15% | |
| TRNO | F | 1.1% | |
| LXP | D | 0.5% | |
| CTRE | C | 0.41% | |
| MPW | F | 0.22% | |
| VRE | B | 0.15% | |
| PLYM | F | 0.15% | |
| SILA | C | 0.12% | |
| UMH | B | 0.12% | |
| ELME | D | 0.12% | |
| AIV | C | 0.1% | |
| DHC | F | 0.05% |
ROOF Underweight 42 Positions Relative to GQRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPG | A | -5.85% | |
| VICI | C | -2.46% | |
| KIM | A | -2.25% | |
| HST | C | -1.66% | |
| REG | A | -1.59% | |
| LAMR | C | -1.5% | |
| CUBE | C | -1.45% | |
| NNN | C | -1.04% | |
| ADC | A | -1.02% | |
| VNO | C | -0.91% | |
| KRG | B | -0.8% | |
| EPRT | B | -0.77% | |
| IRM | C | -0.69% | |
| SLG | B | -0.66% | |
| CUZ | B | -0.64% | |
| PSA | C | -0.64% | |
| KRC | B | -0.6% | |
| SKT | A | -0.52% | |
| APLE | B | -0.47% | |
| HIW | C | -0.46% | |
| EPR | C | -0.45% | |
| WY | F | -0.43% | |
| BNL | D | -0.43% | |
| PK | C | -0.42% | |
| HASI | D | -0.42% | |
| O | C | -0.41% | |
| NSA | C | -0.4% | |
| UE | B | -0.38% | |
| AKR | B | -0.35% | |
| IVT | A | -0.3% | |
| EQC | B | -0.29% | |
| SHO | D | -0.28% | |
| XHR | B | -0.28% | |
| DBRG | F | -0.28% | |
| AAT | B | -0.26% | |
| ALEX | B | -0.26% | |
| DRH | B | -0.26% | |
| PDM | D | -0.26% | |
| ESRT | C | -0.26% | |
| JOE | F | -0.24% | |
| RLJ | C | -0.24% | |
| HPP | F | -0.16% |
ROOF: Top Represented Industries & Keywords
GQRE: Top Represented Industries & Keywords
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