VABS vs. REM ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to iShares Mortgage Real Estate Capped ETF (REM)

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

$24.16

Average Daily Volume

2,445

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.87

Average Daily Volume

426,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	REM
30 Days	-0.30%	-1.74%
60 Days	-0.46%	-5.62%
90 Days	-0.21%	-0.59%
12 Months	6.35%	11.22%

10 Overlapping Holdings

Symbol	Grade	Weight in VABS	Weight in REM	Overlap
ABR	C	0.1%	5.06%	0.1%
ARR	D	1.25%	2.18%	1.25%
CIM	D	0.82%	2.81%	0.82%
DX	B	0.02%	2.2%	0.02%
EFC	D	1.89%	2.42%	1.89%
IVR	D	0.78%	0.95%	0.78%
MFA	D	0.86%	2.67%	0.86%
NLY	D	0.03%	15.54%	0.03%
PMT	D	0.21%	2.71%	0.21%
TWO	D	1.26%	2.86%	1.26%

VABS Overweight 40 Positions Relative to REM

Symbol	Grade	Weight
RLJ	C	4.48%
BW	C	2.27%
BFS	C	1.53%
EQC	A	1.49%
DRH	B	1.35%
PBI	C	1.34%
GNL	D	0.94%
F	C	0.87%
DBRG	F	0.62%
ET	A	0.55%
EPR	D	0.47%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
AHH	D	0.17%
SHO	D	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	C	0.15%
UMH	B	0.11%
ALLY	C	0.1%
FTAI	A	0.06%
ALTG	C	0.05%
FHN	B	0.04%
AL	B	0.04%
CIO	F	0.03%
SNV	B	0.02%
CODI	B	0.02%
PEB	F	0.01%
CNO	B	0.01%
VNO	C	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	B	0.01%
COF	B	0.01%
IFF	D	0.01%
JPM	B	0.01%
NEE	C	0.01%

VABS Underweight 23 Positions Relative to REM

Symbol	Grade	Weight
AGNC	C	-11.23%
STWD	C	-9.72%
RITM	D	-8.6%
BXMT	C	-4.71%
LADR	B	-3.13%
ARI	C	-3.09%
RC	D	-2.76%
FBRT	C	-2.51%
RWT	D	-2.22%
BRSP	C	-1.9%
KREF	D	-1.59%
CMTG	D	-1.34%
ORC	C	-1.33%
NYMT	D	-1.28%
TRTX	B	-1.25%
ACRE	B	-0.9%
REFI	A	-0.64%
GPMT	B	-0.41%
AFCG	D	-0.39%
SEVN	C	-0.39%
NREF	A	-0.33%
AOMR	F	-0.26%
SUNS	B	-0.2%