VABS vs. PSR ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to PowerShares Active U.S. Real Estate Fund (PSR)

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

$24.35

Average Daily Volume

1,263

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

$96.70

Average Daily Volume

3,155

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	PSR
30 Days	0.15%	2.13%
60 Days	0.82%	5.67%
90 Days	2.18%	15.17%
12 Months	7.56%	32.18%

2 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in PSR	Overlap
	PEB	D	0.01%	1.01%	0.01%
	RLJ	D	4.48%	0.99%	0.99%

VABS Overweight 49 Positions Relative to PSR

Symbol	Grade	Weight
BW	C	2.27%
EFC	D	1.89%
BFS	A	1.53%
EQC	D	1.49%
DRH	C	1.35%
PBI	C	1.34%
TWO	D	1.26%
ARR	D	1.25%
GNL	D	0.94%
F	D	0.87%
MFA	C	0.86%
CIM	C	0.82%
IVR	C	0.78%
DBRG	D	0.62%
ET	C	0.55%
EPR	C	0.47%
MITT	C	0.45%
CTO	D	0.29%
PSEC	C	0.23%
TDS	B	0.23%
PMT	C	0.21%
AHH	F	0.17%
SHO	D	0.17%
LXP	D	0.17%
INN	A	0.16%
ATCOL	A	0.15%
BHR	C	0.15%
UMH	C	0.11%
ABR	C	0.1%
ALLY	F	0.1%
FTAI	A	0.06%
ALTG	F	0.05%
FHN	D	0.04%
NYCB	D	0.04%
AL	D	0.04%
CIO	C	0.03%
NLY	C	0.03%
SNV	D	0.02%
DX	C	0.02%
CODI	D	0.02%
CNO	C	0.01%
VNO	A	0.01%
BOH	D	0.01%
SF	A	0.01%
EQH	C	0.01%
COF	C	0.01%
IFF	C	0.01%
JPM	D	0.01%
NEE	A	0.01%

VABS Underweight 26 Positions Relative to PSR

Symbol	Grade	Weight
WELL	C	-8.82%
EQIX	B	-8.17%
AMT	C	-7.19%
EQR	C	-4.8%
SBAC	B	-4.74%
BRX	C	-4.7%
REXR	D	-4.6%
O	A	-4.55%
PLD	D	-4.01%
ARE	D	-3.94%
INVH	D	-3.87%
CUBE	C	-3.75%
DLR	C	-3.68%
CCI	C	-3.48%
PSA	C	-3.4%
SPG	A	-3.04%
DOC	C	-2.59%
KRC	C	-2.55%
ADC	B	-2.46%
KIM	C	-2.46%
EGP	D	-2.44%
GLPI	A	-2.31%
RYN	C	-2.18%
ESRT	C	-1.99%
EPRT	C	-1.5%
CPT	C	-0.99%