ROOF vs. RWR ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to SPDR DJ Wilshire REIT ETF (RWR)

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RWR

SPDR DJ Wilshire REIT ETF

RWR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Dow Jones U.S. Select REIT Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to provide a measure of real estate securities that serve as proxies for direct real estate investing, in part by excluding securities whose value is not always closely tied to the value of the underlying real estate. It is non-diversified.

Grade (RS Rating)

Last Trade

$106.12

Average Daily Volume

327,897

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	RWR
30 Days	-2.98%	-0.02%
60 Days	-5.92%	-1.25%
90 Days	-1.18%	2.77%
12 Months	14.63%	28.33%

37 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in RWR	Overlap
AIV	C	0.1%	0.11%	0.1%
AMH	D	1.2%	1.16%	1.16%
ARE	D	1.61%	1.66%	1.61%
AVB	B	2.85%	3.18%	2.85%
COLD	D	1.17%	0.56%	0.56%
CPT	B	1.11%	1.26%	1.11%
CSR	B	0.09%	0.11%	0.09%
CTRE	D	0.41%	0.49%	0.41%
DHC	F	0.05%	0.05%	0.05%
DLR	B	5.57%	4.39%	4.39%
DOC	D	1.27%	1.47%	1.27%
EGP	F	1.58%	0.82%	0.82%
ELME	D	0.12%	0.14%	0.12%
ELS	C	1.15%	1.31%	1.15%
EQIX	A	5.1%	7.79%	5.1%
EQR	B	2.44%	2.45%	2.44%
ESS	B	1.69%	1.91%	1.69%
FR	C	1.31%	0.68%	0.68%
IIPR	D	0.54%	0.29%	0.29%
INVH	D	1.81%	1.88%	1.81%
IRT	A	0.42%	0.46%	0.42%
LXP	D	0.5%	0.27%	0.27%
MAA	B	1.63%	1.81%	1.63%
MPW	F	0.22%	0.25%	0.22%
NHI	D	0.3%	0.33%	0.3%
NXRT	B	0.1%	0.1%	0.1%
PLD	D	4.67%	9.67%	4.67%
PLYM	F	0.15%	0.07%	0.07%
REXR	F	1.73%	0.9%	0.9%
STAG	F	1.24%	0.65%	0.65%
SUI	D	1.36%	1.43%	1.36%
TRNO	F	1.1%	0.58%	0.58%
UDR	B	1.28%	1.31%	1.28%
UMH	C	0.12%	0.13%	0.12%
VRE	B	0.15%	0.15%	0.15%
VTR	C	2.3%	2.58%	2.3%
WELL	A	5.16%	4.6%	4.6%

ROOF Overweight 7 Positions Relative to RWR

Symbol	Grade	Weight
SBAC	D	4.48%
AMT	D	4.41%
CCI	D	4.3%
UNIT	B	4.25%
SBRA	C	0.37%
LTC	B	0.14%
SILA	C	0.12%

ROOF Underweight 61 Positions Relative to RWR

Symbol	Grade	Weight
SPG	B	-4.66%
PSA	D	-4.4%
O	D	-4.08%
EXR	D	-3.4%
KIM	A	-1.64%
HST	C	-1.2%
WPC	D	-1.18%
REG	B	-1.18%
BXP	D	-1.13%
CUBE	D	-1.06%
OHI	C	-1.01%
BRX	A	-0.85%
FRT	B	-0.84%
ADC	B	-0.75%
NNN	D	-0.75%
VNO	B	-0.68%
RHP	B	-0.66%
KRG	B	-0.58%
EPRT	B	-0.56%
SLG	B	-0.48%
PECO	A	-0.47%
CUZ	B	-0.46%
MAC	B	-0.41%
KRC	C	-0.41%
SKT	B	-0.38%
APLE	B	-0.34%
EPR	D	-0.33%
HIW	D	-0.33%
CDP	C	-0.33%
BNL	D	-0.31%
PK	B	-0.3%
DEI	B	-0.3%
NSA	D	-0.29%
UE	C	-0.27%
AKR	B	-0.25%
FCPT	C	-0.25%
ROIC	A	-0.22%
EQC	B	-0.21%
SHO	C	-0.2%
DRH	B	-0.18%
PEB	D	-0.15%
RLJ	C	-0.15%
XHR	B	-0.15%
GTY	B	-0.15%
ALEX	C	-0.14%
ESRT	C	-0.14%
GNL	F	-0.14%
AAT	B	-0.13%
JBGS	D	-0.13%
PDM	D	-0.12%
NTST	D	-0.12%
DEA	D	-0.12%
BDN	C	-0.09%
PGRE	F	-0.09%
INN	D	-0.07%
HPP	F	-0.06%
SVC	F	-0.05%
CHCT	C	-0.05%
UHT	D	-0.05%
GMRE	F	-0.05%
CLDT	B	-0.04%