VABS vs. GQRE ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to FlexShares Global Quality Real Estate Index Fund (GQRE)

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

$24.17

Average Daily Volume

2,387

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	VABS	GQRE
30 Days	0.28%	-0.18%
60 Days	0.04%	-2.28%
90 Days	0.27%	1.56%
12 Months	6.93%	22.76%

7 Overlapping Holdings

Symbol	Grade	Weight in VABS	Weight in GQRE	Overlap
DBRG	F	0.62%	0.28%	0.28%
DRH	B	1.35%	0.26%	0.26%
EPR	D	0.47%	0.45%	0.45%
EQC	B	1.49%	0.29%	0.29%
RLJ	C	4.48%	0.24%	0.24%
SHO	C	0.17%	0.28%	0.17%
VNO	B	0.01%	0.91%	0.01%

VABS Overweight 43 Positions Relative to GQRE

Symbol	Grade	Weight
BW	D	2.27%
EFC	C	1.89%
BFS	C	1.53%
PBI	B	1.34%
TWO	D	1.26%
ARR	D	1.25%
GNL	F	0.94%
F	C	0.87%
MFA	D	0.86%
CIM	D	0.82%
IVR	F	0.78%
ET	A	0.55%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
PMT	D	0.21%
AHH	D	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	B	0.15%
UMH	C	0.11%
ABR	C	0.1%
ALLY	C	0.1%
FTAI	B	0.06%
ALTG	C	0.05%
FHN	A	0.04%
AL	B	0.04%
CIO	D	0.03%
NLY	C	0.03%
SNV	B	0.02%
DX	B	0.02%
CODI	B	0.02%
PEB	D	0.01%
CNO	A	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	B	0.01%
COF	B	0.01%
IFF	D	0.01%
JPM	A	0.01%
NEE	D	0.01%

VABS Underweight 56 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	B	-5.85%
DLR	B	-5.76%
AVB	B	-4.37%
EQR	B	-3.36%
PLD	D	-2.99%
ESS	B	-2.62%
VICI	C	-2.46%
AMT	D	-2.37%
KIM	A	-2.25%
UDR	B	-1.88%
EQIX	A	-1.74%
CPT	B	-1.73%
AMH	D	-1.67%
HST	C	-1.66%
REG	B	-1.59%
LAMR	D	-1.5%
CUBE	D	-1.45%
WELL	A	-1.42%
NNN	D	-1.04%
ADC	B	-1.02%
FR	C	-0.94%
STAG	F	-0.89%
KRG	B	-0.8%
EPRT	B	-0.77%
IRM	D	-0.69%
SLG	B	-0.66%
CUZ	B	-0.64%
PSA	D	-0.64%
IRT	A	-0.63%
KRC	C	-0.6%
SBRA	C	-0.57%
SKT	B	-0.52%
APLE	B	-0.47%
HIW	D	-0.46%
NHI	D	-0.45%
WY	D	-0.43%
BNL	D	-0.43%
PK	B	-0.42%
HASI	D	-0.42%
O	D	-0.41%
IIPR	D	-0.4%
NSA	D	-0.4%
UE	C	-0.38%
AKR	B	-0.35%
IVT	B	-0.3%
LTC	B	-0.28%
XHR	B	-0.28%
AAT	B	-0.26%
ALEX	C	-0.26%
PDM	D	-0.26%
ESRT	C	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
NXRT	B	-0.24%
CCI	D	-0.19%
HPP	F	-0.16%