RWR vs. SRS ETF Comparison

Comparison of SPDR DJ Wilshire REIT ETF (RWR) to ProShares UltraShort Real Estate (SRS)

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

SRS

ProShares UltraShort Real Estate

SRS Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.72

Average Daily Volume

14,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RWR	SRS
30 Days	-0.02%	1.06%
60 Days	-1.25%	4.22%
90 Days	2.77%	-2.87%
12 Months	28.33%	-33.05%

61 Overlapping Holdings

Symbol	Grade	Weight in RWR	Weight in SRS	Overlap
AIV	C	0.11%	0.61%	0.11%
AMH	D	1.16%	0.54%	0.54%
APLE	B	0.34%	0.26%	0.26%
ARE	D	1.66%	1.46%	1.46%
AVB	B	3.18%	2.35%	2.35%
BDN	C	0.09%	0.22%	0.09%
BRX	A	0.85%	0.48%	0.48%
BXP	D	1.13%	1.56%	1.13%
COLD	D	0.56%	0.53%	0.53%
CPT	B	1.26%	0.83%	0.83%
CUBE	D	1.06%	0.47%	0.47%
CUZ	B	0.46%	0.48%	0.46%
DEI	B	0.3%	0.54%	0.3%
DLR	B	4.39%	2.02%	2.02%
DOC	D	1.47%	1.4%	1.4%
EGP	F	0.82%	0.41%	0.41%
ELS	C	1.31%	1.0%	1.0%
EPR	D	0.33%	0.44%	0.33%
EQC	B	0.21%	0.31%	0.21%
EQIX	A	7.79%	3.91%	3.91%
EQR	B	2.45%	2.24%	2.24%
ESS	B	1.91%	1.59%	1.59%
EXR	D	3.4%	1.13%	1.13%
FR	C	0.68%	0.42%	0.42%
FRT	B	0.84%	0.71%	0.71%
HIW	D	0.33%	0.41%	0.33%
HPP	F	0.06%	0.45%	0.06%
HST	C	1.2%	1.0%	1.0%
INVH	D	1.88%	1.28%	1.28%
JBGS	D	0.13%	0.37%	0.13%
KIM	A	1.64%	0.67%	0.67%
KRC	C	0.41%	0.63%	0.41%
LXP	D	0.27%	0.21%	0.21%
MAA	B	1.81%	1.19%	1.19%
MAC	B	0.41%	0.22%	0.22%
MPW	F	0.25%	0.9%	0.25%
NHI	D	0.33%	0.29%	0.29%
NNN	D	0.75%	0.74%	0.74%
O	D	4.08%	1.94%	1.94%
OHI	C	1.01%	0.74%	0.74%
PDM	D	0.12%	0.23%	0.12%
PEB	D	0.15%	0.26%	0.15%
PGRE	F	0.09%	0.22%	0.09%
PK	B	0.3%	0.46%	0.3%
PLD	D	9.67%	4.64%	4.64%
PSA	D	4.4%	2.58%	2.58%
REG	B	1.18%	0.82%	0.82%
REXR	F	0.9%	0.41%	0.41%
RHP	B	0.66%	0.37%	0.37%
RLJ	C	0.15%	0.23%	0.15%
SHO	C	0.2%	0.24%	0.2%
SLG	B	0.48%	0.58%	0.48%
SPG	B	4.66%	3.53%	3.53%
SUI	D	1.43%	1.12%	1.12%
SVC	F	0.05%	0.31%	0.05%
UDR	B	1.31%	1.08%	1.08%
VNO	B	0.68%	0.83%	0.68%
VTR	C	2.58%	1.71%	1.71%
WELL	A	4.6%	2.73%	2.73%
WPC	D	1.18%	1.12%	1.12%
XHR	B	0.15%	0.18%	0.15%

RWR Overweight 37 Positions Relative to SRS

Symbol	Grade	Weight
ADC	B	0.75%
STAG	F	0.65%
KRG	B	0.58%
TRNO	F	0.58%
EPRT	B	0.56%
CTRE	D	0.49%
PECO	A	0.47%
IRT	A	0.46%
SKT	B	0.38%
CDP	C	0.33%
BNL	D	0.31%
IIPR	D	0.29%
NSA	D	0.29%
UE	C	0.27%
AKR	B	0.25%
FCPT	C	0.25%
ROIC	A	0.22%
DRH	B	0.18%
VRE	B	0.15%
GTY	B	0.15%
ALEX	C	0.14%
ESRT	C	0.14%
GNL	F	0.14%
ELME	D	0.14%
AAT	B	0.13%
UMH	C	0.13%
NTST	D	0.12%
DEA	D	0.12%
CSR	B	0.11%
NXRT	B	0.1%
INN	D	0.07%
PLYM	F	0.07%
CHCT	C	0.05%
UHT	D	0.05%
GMRE	F	0.05%
DHC	F	0.05%
CLDT	B	0.04%

RWR Underweight 26 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
SBAC	D	-2.21%
CSGP	D	-1.85%
WY	D	-1.8%
CBRE	B	-1.59%
NLY	C	-1.08%
AGNC	D	-0.77%
VICI	C	-0.76%
GLPI	C	-0.72%
IRM	D	-0.7%
JLL	D	-0.69%
LAMR	D	-0.62%
STWD	C	-0.56%
HHH	B	-0.42%
BXMT	C	-0.39%
HR	C	-0.36%
SBRA	C	-0.33%
TWO	D	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
DSS	F	-0.28%
MFA	D	-0.28%
PCH	D	-0.23%
IVR	F	-0.19%