VABS vs. BLDG ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to Cambria Global Real Estate ETF (BLDG)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.54

Average Daily Volume

668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BLDG

Cambria Global Real Estate ETF

BLDG Description

The investment seeks income and capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, ?real estate companies?) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the fund?s investment adviser (?Cambria?).

Grade (RS Rating)

Last Trade

$27.33

Average Daily Volume

5,156

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	BLDG
30 Days	1.36%	8.24%
60 Days	2.28%	8.45%
90 Days	3.12%	13.54%
12 Months	7.98%	12.82%

8 Overlapping Holdings

Symbol	Grade	Weight in VABS	Weight in BLDG	Overlap
BFS	B	1.53%	1.26%	1.26%
DRH	C	1.35%	1.07%	1.07%
EPR	B	0.47%	1.35%	0.47%
EQC	B	1.49%	1.3%	1.3%
PEB	D	0.01%	0.95%	0.01%
RLJ	F	4.48%	0.91%	0.91%
SHO	D	0.17%	1.05%	0.17%
VNO	A	0.01%	1.61%	0.01%

VABS Overweight 43 Positions Relative to BLDG

Symbol	Grade	Weight
BW	F	2.27%
EFC	A	1.89%
PBI	D	1.34%
TWO	A	1.26%
ARR	B	1.25%
GNL	C	0.94%
F	D	0.87%
MFA	B	0.86%
CIM	B	0.82%
IVR	C	0.78%
DBRG	D	0.62%
ET	B	0.55%
MITT	B	0.45%
CTO	C	0.29%
PSEC	B	0.23%
TDS	B	0.23%
PMT	C	0.21%
AHH	B	0.17%
LXP	B	0.17%
INN	C	0.16%
ATCOL	B	0.15%
BHR	D	0.15%
UMH	B	0.11%
ABR	C	0.1%
ALLY	F	0.1%
FTAI	B	0.06%
ALTG	F	0.05%
FHN	C	0.04%
NYCB	D	0.04%
AL	D	0.04%
CIO	B	0.03%
NLY	A	0.03%
SNV	C	0.02%
DX	A	0.02%
CODI	D	0.02%
CNO	B	0.01%
BOH	C	0.01%
SF	B	0.01%
EQH	C	0.01%
COF	D	0.01%
IFF	B	0.01%
JPM	D	0.01%
NEE	B	0.01%

VABS Underweight 35 Positions Relative to BLDG

Symbol	Grade	Weight
PDM	B	-1.82%
AKR	B	-1.69%
WELL	B	-1.66%
HIW	A	-1.56%
OHI	B	-1.54%
SBRA	A	-1.52%
BXP	A	-1.52%
IIPR	A	-1.5%
DEI	A	-1.5%
CTRE	A	-1.5%
BNL	A	-1.48%
AVB	B	-1.48%
REG	B	-1.47%
CUZ	B	-1.47%
BRX	B	-1.47%
EQR	B	-1.46%
ROIC	B	-1.41%
BDN	B	-1.4%
IVT	B	-1.4%
PGRE	C	-1.36%
WSR	D	-1.31%
ESRT	B	-1.3%
AMH	B	-1.29%
STAG	B	-1.27%
EGP	B	-1.26%
SKT	B	-1.24%
KRC	C	-1.2%
REXR	C	-1.14%
APLE	D	-1.04%
HST	D	-0.99%
CLDT	D	-0.99%
PK	F	-0.98%
HPP	F	-0.93%
FSP	D	-0.85%
NXDT	C	-0.0%