SPRE vs. PSR ETF Comparison

Comparison of SP Funds S&P Global REIT Sharia ETF (SPRE) to PowerShares Active U.S. Real Estate Fund (PSR)

SPRE

SP Funds S&P Global REIT Sharia ETF

SPRE Description

Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is a Shariah-Compliant exchange traded fund launched and managed by Toroso Investments, LLC. It is co-managed by Shariaportfolio, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across real estate, equity investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S&P Global Sharia All REIT Capped Index, by using full replication technique. The fund does not invest in stocks of companies operating across gambling, alcohol and tobacco sectors. Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$20.09

Average Daily Volume

50,091

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSR

PowerShares Active U.S. Real Estate Fund

PSR Description

The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs). The Fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$88.83

Average Daily Volume

4,868

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRE	PSR
30 Days	4.74%	5.98%
60 Days	5.17%	6.02%
90 Days	5.18%	7.39%
12 Months	1.55%	3.05%

6 Overlapping Holdings

Symbol	Grade	Weight in SPRE	Weight in PSR	Overlap
CUBE	B	4.1%	2.49%	2.49%
EQIX	C	12.05%	9.29%	9.29%
EQR	C	4.94%	4.87%	4.87%
PLD	C	12.17%	6.26%	6.26%
REXR	C	4.04%	4.78%	4.04%
WY	D	4.65%	2.87%	2.87%

SPRE Overweight 11 Positions Relative to PSR

Symbol	Grade	Weight
AVB	C	10.17%
ELS	C	4.94%
MAA	B	4.94%
CPT	B	4.81%
EGP	B	3.46%
FR	B	2.63%
TRNO	B	2.44%
RYN	F	1.61%
IIPR	A	1.28%
PCH	F	1.26%
ALEX	C	0.51%

SPRE Underweight 19 Positions Relative to PSR

Symbol	Grade	Weight
AMT	B	-8.77%
INVH	C	-5.0%
KIM	C	-4.96%
DOC	B	-4.76%
ARE	B	-4.18%
PSA	B	-3.93%
OHI	A	-3.89%
O	C	-3.75%
EXR	B	-3.67%
SPG	B	-3.43%
RHP	D	-3.41%
CCI	C	-3.41%
SBAC	C	-3.25%
LAMR	C	-2.79%
WELL	B	-2.7%
HST	D	-2.33%
ESRT	B	-2.21%
KRC	C	-2.09%
DLR	B	-1.21%

SPRE: Top Represented Industries & Keywords

Industries: REIT - Industrial REIT - Residential REIT - Diversified Lumber & Wood Production