ROOF vs. USRT ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to iShares Core U.S. REIT ETF (USRT)

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

USRT

iShares Core U.S. REIT ETF

USRT Description

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.

Grade (RS Rating)

Last Trade

$61.01

Average Daily Volume

236,714

Number of Holdings ^*

132

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	USRT
30 Days	-2.98%	0.31%
60 Days	-5.92%	-0.42%
90 Days	-1.18%	2.62%
12 Months	14.63%	29.00%

40 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in USRT	Overlap
AIV	C	0.1%	0.1%	0.1%
AMH	C	1.2%	1.05%	1.05%
ARE	F	1.61%	1.51%	1.51%
AVB	B	2.85%	2.69%	2.69%
COLD	D	1.17%	0.51%	0.51%
CPT	B	1.11%	1.03%	1.03%
CSR	B	0.09%	0.09%	0.09%
CTRE	C	0.41%	0.39%	0.39%
DHC	F	0.05%	0.05%	0.05%
DLR	B	5.57%	4.8%	4.8%
DOC	C	1.27%	1.21%	1.21%
EGP	D	1.58%	0.69%	0.69%
ELME	D	0.12%	0.12%	0.12%
ELS	C	1.15%	1.08%	1.08%
EQIX	A	5.1%	7.05%	5.1%
EQR	C	2.44%	2.3%	2.3%
ESS	B	1.69%	1.6%	1.6%
FR	D	1.31%	0.57%	0.57%
IIPR	D	0.54%	0.24%	0.24%
INVH	D	1.81%	1.71%	1.71%
IRT	A	0.42%	0.39%	0.39%
LTC	B	0.14%	0.14%	0.14%
LXP	D	0.5%	0.22%	0.22%
MAA	B	1.63%	1.52%	1.52%
MPW	F	0.22%	0.21%	0.21%
NHI	D	0.3%	0.27%	0.27%
NXRT	B	0.1%	0.09%	0.09%
PLD	F	4.67%	8.68%	4.67%
PLYM	F	0.15%	0.06%	0.06%
REXR	F	1.73%	0.75%	0.75%
SBRA	C	0.37%	0.35%	0.35%
SILA	C	0.12%	0.12%	0.12%
STAG	D	1.24%	0.54%	0.54%
SUI	C	1.36%	1.28%	1.28%
TRNO	F	1.1%	0.48%	0.48%
UDR	B	1.28%	1.2%	1.2%
UMH	B	0.12%	0.1%	0.1%
VRE	B	0.15%	0.12%	0.12%
VTR	B	2.3%	2.12%	2.12%
WELL	A	5.16%	6.79%	5.16%

ROOF Overweight 4 Positions Relative to USRT

Symbol	Grade	Weight
SBAC	D	4.48%
AMT	C	4.41%
CCI	C	4.3%
UNIT	B	4.25%

ROOF Underweight 92 Positions Relative to USRT

Symbol	Grade	Weight
SPG	A	-4.83%
PSA	C	-4.39%
O	C	-4.08%
EXR	C	-2.85%
IRM	C	-2.77%
VICI	C	-2.73%
KIM	A	-1.36%
REG	A	-1.12%
GLPI	C	-1.06%
BXP	C	-1.02%
HST	C	-1.0%
WPC	C	-1.0%
LAMR	C	-0.91%
CUBE	C	-0.9%
OHI	C	-0.82%
FRT	B	-0.77%
BRX	A	-0.72%
NNN	C	-0.63%
ADC	A	-0.62%
VNO	C	-0.59%
HR	B	-0.55%
RHP	B	-0.54%
KRG	B	-0.48%
EPRT	B	-0.47%
SLG	B	-0.41%
PECO	A	-0.39%
KRC	B	-0.38%
CUZ	B	-0.38%
MAC	B	-0.34%
LINE	F	-0.32%
SKT	A	-0.31%
APLE	B	-0.29%
CDP	C	-0.28%
BNL	D	-0.27%
EPR	C	-0.27%
HIW	C	-0.27%
NSA	C	-0.25%
PK	C	-0.25%
UE	B	-0.23%
OUT	A	-0.22%
DEI	B	-0.21%
AKR	B	-0.21%
FCPT	C	-0.21%
CURB	D	-0.19%
ROIC	A	-0.18%
AHR	A	-0.18%
SHO	D	-0.17%
IVT	A	-0.17%
DRH	B	-0.15%
GTY	A	-0.13%
ALEX	B	-0.12%
ESRT	C	-0.12%
PEB	D	-0.12%
GNL	F	-0.12%
RLJ	C	-0.12%
XHR	B	-0.12%
AAT	B	-0.11%
PDM	D	-0.1%
DEA	D	-0.1%
NTST	C	-0.1%
JBGS	F	-0.1%
SAFE	F	-0.09%
BDN	C	-0.07%
PGRE	F	-0.07%
GOOD	B	-0.06%
WSR	A	-0.06%
AHH	D	-0.06%
SITC	D	-0.06%
CBL	B	-0.05%
INN	D	-0.05%
CTO	B	-0.04%
CLDT	B	-0.04%
SVC	F	-0.04%
OLP	B	-0.04%
NLOP	B	-0.04%
PKST	F	-0.04%
ALX	D	-0.04%
HPP	F	-0.04%
CHCT	C	-0.04%
UHT	D	-0.04%
GMRE	F	-0.04%
FPI	B	-0.04%
PSTL	D	-0.03%
LAND	F	-0.03%
BFS	C	-0.03%
NXDT	F	-0.02%
CIO	C	-0.02%
ONL	C	-0.02%
PINE	C	-0.02%
BRT	A	-0.02%
BHR	C	-0.02%
ILPT	F	-0.02%