RWR vs. GQRE ETF Comparison

Comparison of SPDR DJ Wilshire REIT ETF (RWR) to FlexShares Global Quality Real Estate Index Fund (GQRE)

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

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

$61.16

Average Daily Volume

18,015

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RWR	GQRE
30 Days	-0.02%	-0.18%
60 Days	-1.25%	-2.28%
90 Days	2.77%	1.56%
12 Months	28.33%	22.76%

51 Overlapping Holdings

Symbol	Grade	Weight in RWR	Weight in GQRE	Overlap
AAT	B	0.13%	0.26%	0.13%
ADC	B	0.75%	1.02%	0.75%
AKR	B	0.25%	0.35%	0.25%
ALEX	C	0.14%	0.26%	0.14%
AMH	D	1.16%	1.67%	1.16%
APLE	B	0.34%	0.47%	0.34%
AVB	B	3.18%	4.37%	3.18%
BNL	D	0.31%	0.43%	0.31%
CPT	B	1.26%	1.73%	1.26%
CSR	B	0.11%	0.24%	0.11%
CUBE	D	1.06%	1.45%	1.06%
CUZ	B	0.46%	0.64%	0.46%
DLR	B	4.39%	5.76%	4.39%
DRH	B	0.18%	0.26%	0.18%
EPR	D	0.33%	0.45%	0.33%
EPRT	B	0.56%	0.77%	0.56%
EQC	B	0.21%	0.29%	0.21%
EQIX	A	7.79%	1.74%	1.74%
EQR	B	2.45%	3.36%	2.45%
ESRT	C	0.14%	0.26%	0.14%
ESS	B	1.91%	2.62%	1.91%
FR	C	0.68%	0.94%	0.68%
HIW	D	0.33%	0.46%	0.33%
HPP	F	0.06%	0.16%	0.06%
HST	C	1.2%	1.66%	1.2%
IIPR	D	0.29%	0.4%	0.29%
IRT	A	0.46%	0.63%	0.46%
KIM	A	1.64%	2.25%	1.64%
KRC	C	0.41%	0.6%	0.41%
KRG	B	0.58%	0.8%	0.58%
NHI	D	0.33%	0.45%	0.33%
NNN	D	0.75%	1.04%	0.75%
NSA	D	0.29%	0.4%	0.29%
NXRT	B	0.1%	0.24%	0.1%
O	D	4.08%	0.41%	0.41%
PDM	D	0.12%	0.26%	0.12%
PK	B	0.3%	0.42%	0.3%
PLD	D	9.67%	2.99%	2.99%
PSA	D	4.4%	0.64%	0.64%
REG	B	1.18%	1.59%	1.18%
RLJ	C	0.15%	0.24%	0.15%
SHO	C	0.2%	0.28%	0.2%
SKT	B	0.38%	0.52%	0.38%
SLG	B	0.48%	0.66%	0.48%
SPG	B	4.66%	5.85%	4.66%
STAG	F	0.65%	0.89%	0.65%
UDR	B	1.31%	1.88%	1.31%
UE	C	0.27%	0.38%	0.27%
VNO	B	0.68%	0.91%	0.68%
WELL	A	4.6%	1.42%	1.42%
XHR	B	0.15%	0.28%	0.15%

RWR Overweight 47 Positions Relative to GQRE

Symbol	Grade	Weight
EXR	D	3.4%
VTR	C	2.58%
INVH	D	1.88%
MAA	B	1.81%
ARE	D	1.66%
DOC	D	1.47%
SUI	D	1.43%
ELS	C	1.31%
WPC	D	1.18%
BXP	D	1.13%
OHI	C	1.01%
REXR	F	0.9%
BRX	A	0.85%
FRT	B	0.84%
EGP	F	0.82%
RHP	B	0.66%
TRNO	F	0.58%
COLD	D	0.56%
CTRE	D	0.49%
PECO	A	0.47%
MAC	B	0.41%
CDP	C	0.33%
DEI	B	0.3%
LXP	D	0.27%
MPW	F	0.25%
FCPT	C	0.25%
ROIC	A	0.22%
VRE	B	0.15%
PEB	D	0.15%
GTY	B	0.15%
GNL	F	0.14%
ELME	D	0.14%
JBGS	D	0.13%
UMH	C	0.13%
NTST	D	0.12%
DEA	D	0.12%
AIV	C	0.11%
BDN	C	0.09%
PGRE	F	0.09%
INN	D	0.07%
PLYM	F	0.07%
SVC	F	0.05%
CHCT	C	0.05%
UHT	D	0.05%
GMRE	F	0.05%
DHC	F	0.05%
CLDT	B	0.04%

RWR Underweight 12 Positions Relative to GQRE

Symbol	Grade	Weight
VICI	C	-2.46%
AMT	D	-2.37%
LAMR	D	-1.5%
IRM	D	-0.69%
SBRA	C	-0.57%
WY	D	-0.43%
HASI	D	-0.42%
IVT	B	-0.3%
LTC	B	-0.28%
DBRG	F	-0.28%
JOE	F	-0.24%
CCI	D	-0.19%