VNQ vs. FAZ ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Direxion Financial Bear 3X Shares (FAZ)

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$95.11

Average Daily Volume

4,006,790

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

FAZ

Direxion Financial Bear 3X Shares

FAZ Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.73

Average Daily Volume

6,376,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	FAZ
30 Days	0.59%	-1.63%
60 Days	8.18%	-27.76%
90 Days	14.85%	-24.49%
12 Months	33.76%	-60.91%

28 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in FAZ	Overlap
AMT	D	5.93%	1.64%	1.64%
ARE	D	1.07%	0.3%	0.3%
AVB	C	1.82%	0.48%	0.48%
BXP	B	0.64%	0.34%	0.34%
CBRE	C	2.0%	0.33%	0.33%
CCI	D	2.76%	0.96%	0.96%
DLR	C	2.79%	0.41%	0.41%
ELS	D	0.73%	0.2%	0.2%
EQIX	C	4.37%	0.8%	0.8%
EQR	C	1.45%	0.48%	0.48%
ESS	D	1.1%	0.33%	0.33%
EXR	D	2.12%	0.22%	0.22%
HST	D	0.71%	0.2%	0.2%
INVH	D	1.28%	0.26%	0.26%
MAA	D	1.07%	0.24%	0.24%
MPW	C	0.15%	0.18%	0.15%
O	C	3.06%	0.4%	0.4%
PLD	D	6.7%	0.95%	0.95%
PSA	C	3.08%	0.52%	0.52%
SBAC	C	1.38%	0.45%	0.45%
SPG	A	3.09%	0.73%	0.73%
SUI	D	0.95%	0.23%	0.23%
UDR	C	0.79%	0.22%	0.22%
VNO	B	0.32%	0.19%	0.19%
VTR	C	1.42%	0.35%	0.35%
WELL	C	4.0%	0.56%	0.56%
WPC	C	0.74%	0.23%	0.23%
WY	C	1.26%	0.37%	0.37%

VNQ Overweight 118 Positions Relative to FAZ

Symbol	Grade	Weight
IRM	B	1.88%
VICI	C	1.82%
CSGP	F	1.79%
KIM	C	0.89%
DOC	C	0.89%
GLPI	C	0.8%
CPT	C	0.76%
AMH	D	0.74%
REG	C	0.72%
JLL	C	0.69%
CUBE	C	0.66%
LAMR	C	0.63%
REXR	D	0.63%
OHI	C	0.55%
EGP	D	0.51%
FRT	D	0.49%
NNN	C	0.49%
Z	C	0.49%
BRX	C	0.47%
COLD	D	0.44%
FR	D	0.43%
ADC	C	0.42%
STAG	D	0.42%
TRNO	D	0.38%
RHP	B	0.34%
EPRT	C	0.32%
KRG	C	0.32%
PECO	C	0.26%
IRT	D	0.26%
CUZ	C	0.25%
RYN	C	0.25%
CTRE	C	0.24%
SLG	C	0.24%
KRC	C	0.23%
SBRA	C	0.22%
MAC	B	0.2%
BNL	C	0.2%
PCH	C	0.2%
IIPR	C	0.2%
NHI	C	0.2%
EPR	C	0.2%
APLE	B	0.19%
SKT	A	0.19%
NSA	D	0.19%
CDP	A	0.19%
HIW	C	0.19%
PK	D	0.18%
ZG	C	0.17%
CWK	D	0.17%
LXP	D	0.17%
FCPT	C	0.15%
DEI	A	0.15%
HHH	C	0.14%
UE	C	0.14%
OUT	C	0.13%
AKR	B	0.13%
COMP	C	0.12%
JOE	D	0.12%
DBRG	D	0.12%
EQC	D	0.12%
ROIC	C	0.11%
NMRK	C	0.11%
IVT	B	0.11%
SHO	B	0.11%
GNL	D	0.1%
DRH	B	0.1%
ESRT	C	0.09%
ELME	D	0.09%
LTC	D	0.09%
PEB	D	0.09%
GTY	C	0.09%
AAT	C	0.08%
ALEX	D	0.08%
XHR	A	0.08%
JBGS	C	0.08%
RLJ	D	0.08%
PDM	C	0.07%
AIV	D	0.07%
KW	C	0.07%
NTST	F	0.07%
OPEN	F	0.07%
DEA	D	0.07%
UMH	D	0.07%
VRE	C	0.07%
PLYM	D	0.06%
MMI	D	0.06%
RDFN	C	0.06%
UNIT	B	0.06%
NXRT	D	0.06%
CSR	D	0.06%
AHH	F	0.05%
PGRE	D	0.05%
EXPI	C	0.05%
BDN	B	0.05%
FOR	D	0.04%
HPP	F	0.04%
INN	A	0.04%
SVC	D	0.04%
OLP	C	0.03%
LAND	D	0.03%
FPI	D	0.03%
PKST	D	0.03%
CHCT	F	0.03%
ALX	D	0.03%
BFS	C	0.03%
WSR	C	0.03%
GMRE	C	0.03%
DHC	C	0.03%
UHT	D	0.03%
GOOD	A	0.03%
CBL	D	0.02%
TRC	D	0.02%
RMR	B	0.02%
CLDT	D	0.02%
OPI	F	0.01%
SRG	D	0.01%
NXDT	C	0.01%
CIO	D	0.01%

VNQ Underweight 69 Positions Relative to FAZ

Symbol	Grade	Weight
BRK.A	B	-7.22%
JPM	C	-6.91%
V	B	-5.62%
MA	A	-4.6%
BAC	B	-4.53%
WFC	B	-3.0%
C	B	-2.84%
PYPL	A	-2.19%
FIS	A	-1.44%
AXP	A	-1.41%
USB	C	-1.27%
GS	B	-1.27%
TFC	D	-1.21%
CME	A	-1.18%
SPGI	C	-1.17%
CB	A	-1.11%
PNC	C	-1.08%
MS	A	-1.07%
BLK	A	-1.01%
GPN	F	-0.95%
MMC	D	-0.93%
SCHW	D	-0.89%
ICE	A	-0.85%
AON	A	-0.79%
COF	A	-0.78%
AIG	C	-0.74%
PGR	B	-0.71%
MCO	D	-0.68%
MET	A	-0.66%
PRU	B	-0.63%
AFL	A	-0.62%
BK	A	-0.61%
ALL	A	-0.61%
TRV	B	-0.58%
STT	A	-0.48%
TROW	D	-0.48%
DFS	A	-0.42%
WTW	C	-0.42%
SQ	D	-0.38%
MSCI	B	-0.37%
SYF	A	-0.37%
AMP	A	-0.35%
HIG	A	-0.35%
NTRS	B	-0.34%
MTB	A	-0.34%
FITB	C	-0.33%
KEY	B	-0.31%
EFX	D	-0.3%
ACGL	A	-0.28%
TRU	C	-0.28%
CFG	C	-0.28%
AJG	C	-0.28%
CINF	A	-0.26%
MKL	B	-0.26%
PFG	A	-0.25%
RF	B	-0.25%
BR	B	-0.24%
HBAN	B	-0.24%
L	C	-0.22%
MKTX	B	-0.22%
NLY	C	-0.22%
FNF	C	-0.2%
NDAQ	C	-0.2%
ALLY	F	-0.19%
FICO	C	-0.19%
WU	D	-0.19%
LNC	B	-0.19%
RJF	B	-0.19%
JKHY	A	-0.18%