BBRE vs. NBGR ETF Comparison

Comparison of JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) to Neuberger Berman Global Real Estate ETF (NBGR)

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

$100.05

Average Daily Volume

36,485

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

NBGR

Neuberger Berman Global Real Estate ETF

NBGR Description

The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It defines a real estate company as one that derives at least 50% of its revenue or profits from real estate or has at least 50% of its assets invested in real estate.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

1,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBRE	NBGR
30 Days	0.29%	-3.53%
60 Days	-0.53%	-6.63%
90 Days	2.37%	-3.30%
12 Months	28.63%	14.72%

29 Overlapping Holdings

Symbol	Grade	Weight in BBRE	Weight in NBGR	Overlap
AMH	C	1.04%	0.87%	0.87%
AVB	B	2.82%	3.27%	2.82%
BXP	C	1.04%	0.78%	0.78%
CPT	B	1.07%	1.23%	1.07%
DLR	B	4.55%	1.47%	1.47%
ELS	C	1.12%	1.09%	1.09%
EPRT	B	0.42%	1.34%	0.42%
EQIX	A	7.26%	5.17%	5.17%
EXR	C	2.99%	1.5%	1.5%
FRT	B	0.73%	1.11%	0.73%
GLPI	C	1.11%	1.19%	1.11%
HPP	F	0.05%	0.62%	0.05%
INVH	D	1.79%	1.73%	1.73%
IRM	C	2.92%	3.1%	2.92%
KIM	A	1.46%	1.49%	1.46%
KRC	B	0.37%	1.16%	0.37%
MAC	B	0.37%	1.02%	0.37%
O	C	3.78%	1.49%	1.49%
OHI	C	0.85%	1.11%	0.85%
PLD	F	8.82%	5.36%	5.36%
PSA	C	4.26%	2.92%	2.92%
REXR	F	0.67%	0.89%	0.67%
ROIC	A	0.19%	0.54%	0.19%
SPG	A	4.71%	3.09%	3.09%
SUI	C	1.35%	2.49%	1.35%
UDR	B	1.27%	1.56%	1.27%
VICI	C	2.63%	1.16%	1.16%
VTR	B	2.26%	2.28%	2.26%
WELL	A	6.14%	3.25%	3.25%

BBRE Overweight 85 Positions Relative to NBGR

Symbol	Grade	Weight
EQR	C	2.25%
ESS	B	1.71%
MAA	B	1.62%
ARE	F	1.48%
DOC	C	1.33%
HST	C	1.13%
REG	A	1.08%
WPC	C	1.01%
CUBE	C	0.94%
BRX	A	0.76%
EGP	D	0.67%
NNN	C	0.67%
FR	D	0.62%
VNO	C	0.62%
ADC	A	0.6%
STAG	D	0.58%
COLD	D	0.54%
RHP	B	0.53%
KRG	B	0.53%
SLG	B	0.45%
CUZ	B	0.42%
PECO	A	0.41%
IRT	A	0.41%
TRNO	F	0.41%
SBRA	C	0.4%
SKT	A	0.34%
NSA	C	0.33%
CDP	C	0.32%
APLE	B	0.31%
NHI	D	0.31%
PK	C	0.3%
EPR	C	0.3%
HIW	C	0.3%
DEI	B	0.29%
BNL	D	0.27%
CTRE	C	0.27%
IIPR	D	0.26%
UE	B	0.25%
MPW	F	0.23%
LXP	D	0.23%
IVT	A	0.21%
FCPT	C	0.21%
AKR	B	0.21%
EQC	B	0.2%
SHO	D	0.2%
DRH	B	0.17%
XHR	B	0.16%
PEB	D	0.15%
ELME	D	0.14%
JBGS	F	0.14%
LTC	B	0.14%
RLJ	C	0.14%
VRE	B	0.13%
ALEX	B	0.13%
AAT	B	0.13%
GNL	F	0.13%
ESRT	C	0.13%
GTY	A	0.12%
AIV	C	0.12%
PDM	D	0.11%
UMH	B	0.1%
NXRT	B	0.1%
CSR	B	0.1%
DEA	D	0.1%
PLYM	F	0.08%
NTST	C	0.08%
AHH	D	0.08%
BDN	C	0.08%
PGRE	F	0.08%
INN	D	0.07%
GOOD	B	0.07%
WSR	A	0.07%
BFS	C	0.06%
FPI	B	0.06%
OLP	B	0.05%
ALX	D	0.05%
GMRE	F	0.05%
UHT	D	0.05%
CBL	B	0.04%
LAND	F	0.04%
CLDT	B	0.04%
CHCT	C	0.04%
SVC	F	0.04%
DHC	F	0.03%
PKST	F	0.03%

BBRE Underweight 4 Positions Relative to NBGR

Symbol	Grade	Weight
AMT	C	-4.44%
SBAC	D	-1.69%
WY	F	-1.29%
CCI	C	-1.25%