BBRE vs. GREI ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to Goldman Sachs Future Real Estate (GREI)

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

BBRE Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$100.17

Average Daily Volume

19,991

Number of Holdings ^*

111

* may have additional holdings in another (foreign) market

GREI

Goldman Sachs Future Real Estate

GREI Description

Goldman Sachs Future Real Estate seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non‑U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability.

Grade (RS Rating)

Last Trade

$37.65

Average Daily Volume

604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	GREI
30 Days	2.82%	3.21%
60 Days	8.25%	9.07%
90 Days	15.08%	15.35%
12 Months	33.36%	28.71%

14 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in GREI	Overlap
AMH	D	1.08%	1.62%	1.08%
ARE	C	1.66%	1.9%	1.66%
AVB	C	2.77%	2.57%	2.57%
COLD	D	0.66%	2.05%	0.66%
DLR	B	3.9%	2.57%	2.57%
ELS	D	1.12%	2.35%	1.12%
EQIX	B	6.78%	4.26%	4.26%
EXR	C	3.27%	2.9%	2.9%
INVH	D	1.88%	1.99%	1.88%
PLD	C	9.73%	5.26%	5.26%
REXR	C	0.81%	2.01%	0.81%
VICI	C	2.73%	2.42%	2.42%
VTR	C	2.2%	2.23%	2.2%
WELL	C	5.65%	3.2%	3.2%

BBRE Overweight 97 Positions Relative to GREI

Symbol	Grade	Weight
PSA	C	4.56%
SPG	B	4.25%
O	B	4.03%
IRM	C	2.91%
EQR	C	2.32%
ESS	C	1.74%
MAA	C	1.63%
SUI	C	1.52%
KIM	C	1.36%
DOC	B	1.32%
UDR	C	1.29%
WPC	C	1.14%
GLPI	C	1.13%
HST	D	1.1%
CPT	C	1.09%
REG	C	1.05%
BXP	C	1.04%
CUBE	C	1.04%
OHI	C	0.83%
NNN	B	0.75%
BRX	C	0.73%
FRT	C	0.73%
EGP	C	0.71%
FR	C	0.64%
STAG	D	0.61%
ADC	C	0.58%
VNO	B	0.55%
KRG	C	0.51%
RHP	C	0.47%
TRNO	D	0.45%
EPRT	B	0.42%
IRT	C	0.41%
SLG	C	0.41%
PECO	C	0.39%
SBRA	C	0.38%
CUZ	C	0.38%
KRC	C	0.37%
NSA	C	0.36%
IIPR	B	0.33%
EPR	C	0.32%
NHI	C	0.32%
MPW	C	0.31%
MAC	B	0.31%
HIW	C	0.3%
SKT	B	0.29%
PK	D	0.29%
BNL	B	0.28%
APLE	C	0.27%
DEI	B	0.26%
CTRE	C	0.26%
LXP	C	0.24%
FCPT	C	0.23%
UE	C	0.22%
SHO	C	0.19%
AKR	B	0.19%
EQC	D	0.19%
IVT	D	0.18%
JBGS	C	0.17%
ROIC	C	0.17%
PEB	D	0.16%
DRH	C	0.16%
GNL	D	0.15%
ESRT	C	0.14%
XHR	B	0.14%
AAT	C	0.13%
AIV	C	0.13%
ALEX	C	0.13%
RLJ	D	0.13%
LTC	C	0.13%
DEA	D	0.11%
PDM	C	0.11%
GTY	C	0.11%
NXRT	D	0.1%
UMH	C	0.1%
CSR	D	0.1%
PLYM	D	0.09%
NTST	D	0.08%
PGRE	D	0.08%
BDN	C	0.08%
HPP	F	0.07%
SVC	F	0.07%
AHH	D	0.07%
UHT	C	0.06%
WSR	D	0.06%
GMRE	C	0.06%
GOOD	B	0.06%
INN	B	0.06%
LAND	D	0.05%
OLP	C	0.05%
FPI	D	0.05%
ALX	B	0.05%
BFS	B	0.05%
CLDT	D	0.04%
CHCT	F	0.04%
DHC	C	0.04%
CBL	D	0.03%
PKST	D	0.03%

BBRE Underweight 12 Positions Relative to GREI

Symbol	Grade	Weight
NEE	B	-4.6%
AMT	C	-3.22%
LNG	D	-2.56%
WEC	B	-2.4%
XEL	B	-2.21%
SBAC	C	-2.2%
CMS	B	-2.15%
ES	B	-1.94%
AWK	C	-1.88%
AEE	B	-1.65%
NSC	C	-1.65%
AES	C	-1.56%