BEEZ vs. REK ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to ProShares Short Real Estate (REK)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$33.02

Average Daily Volume

597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.44

Average Daily Volume

10,442

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	REK
30 Days	1.81%	0.97%
60 Days	2.14%	2.65%
90 Days	5.66%	-0.41%
12 Months	25.81%	-15.30%

2 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in REK	Overlap
	AMT	D	3.91%	8.05%	3.91%
	EQIX	A	3.98%	3.91%	3.91%

BEEZ Overweight 23 Positions Relative to REK

Symbol	Grade	Weight
INTU	C	4.17%
HD	A	4.13%
ACN	C	4.11%
COST	B	4.1%
NOW	A	4.09%
CMI	A	4.08%
EW	C	4.07%
ZTS	D	4.05%
V	A	4.04%
FAST	B	4.03%
ATR	B	4.02%
WTS	B	4.02%
MA	C	4.01%
SHW	A	3.99%
ITW	B	3.98%
APD	A	3.97%
TMO	F	3.92%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	D	3.72%

BEEZ Underweight 85 Positions Relative to REK

Symbol	Grade	Weight
CCI	D	-4.7%
PLD	D	-4.64%
SPG	B	-3.53%
WELL	A	-2.73%
PSA	D	-2.58%
AVB	B	-2.35%
EQR	B	-2.24%
SBAC	D	-2.21%
DLR	B	-2.02%
O	D	-1.94%
CSGP	D	-1.85%
WY	D	-1.8%
VTR	C	-1.71%
ESS	B	-1.59%
CBRE	B	-1.59%
BXP	D	-1.56%
ARE	D	-1.46%
DOC	D	-1.4%
INVH	D	-1.28%
MAA	B	-1.19%
EXR	D	-1.13%
WPC	D	-1.12%
SUI	D	-1.12%
NLY	C	-1.08%
UDR	B	-1.08%
HST	C	-1.0%
ELS	C	-1.0%
MPW	F	-0.9%
VNO	B	-0.83%
CPT	B	-0.83%
REG	B	-0.82%
AGNC	D	-0.77%
VICI	C	-0.76%
OHI	C	-0.74%
NNN	D	-0.74%
GLPI	C	-0.72%
FRT	B	-0.71%
IRM	D	-0.7%
JLL	D	-0.69%
KIM	A	-0.67%
KRC	C	-0.63%
LAMR	D	-0.62%
AIV	C	-0.61%
SLG	B	-0.58%
STWD	C	-0.56%
AMH	D	-0.54%
DEI	B	-0.54%
COLD	D	-0.53%
CUZ	B	-0.48%
BRX	A	-0.48%
CUBE	D	-0.47%
PK	B	-0.46%
HPP	F	-0.45%
EPR	D	-0.44%
HHH	B	-0.42%
FR	D	-0.42%
EGP	F	-0.41%
HIW	D	-0.41%
REXR	F	-0.41%
BXMT	C	-0.39%
RHP	B	-0.37%
JBGS	D	-0.37%
HR	C	-0.36%
SBRA	C	-0.33%
TWO	D	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	B	-0.31%
NHI	D	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
APLE	B	-0.26%
PEB	D	-0.26%
SHO	C	-0.24%
RLJ	B	-0.23%
PDM	D	-0.23%
PCH	D	-0.23%
BDN	C	-0.22%
PGRE	F	-0.22%
MAC	B	-0.22%
LXP	D	-0.21%
IVR	F	-0.19%
XHR	B	-0.18%