BLDG vs. REK ETF Comparison

Comparison of Cambria Global Real Estate ETF (BLDG) to ProShares Short Real Estate (REK)

BLDG

Cambria Global Real Estate ETF

BLDG Description

The investment seeks income and capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, ?real estate companies?) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the fund?s investment adviser (?Cambria?).

Grade (RS Rating)

Last Trade

$23.70

Average Daily Volume

2,529

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

$20.26

Average Daily Volume

30,631

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLDG	REK
30 Days	-1.74%	7.71%
60 Days	-2.31%	9.55%
90 Days	-2.23%	8.00%
12 Months	-1.78%	3.52%

28 Overlapping Holdings

Symbol	Grade	Weight in BLDG	Weight in REK	Overlap
AMH	B	1.34%	0.54%	0.54%
APLE	D	1.23%	0.26%	0.26%
AVB	A	1.4%	2.35%	1.4%
BDN	A	1.38%	0.22%	0.22%
BRX	B	1.3%	0.48%	0.48%
BXP	D	1.4%	1.56%	1.4%
CUZ	B	1.31%	0.48%	0.48%
DEI	B	1.42%	0.54%	0.54%
EGP	F	1.17%	0.41%	0.41%
EPR	C	1.29%	0.44%	0.44%
EQC	D	1.33%	0.31%	0.31%
EQR	A	1.41%	2.24%	1.41%
HIW	A	1.41%	0.41%	0.41%
HPP	F	1.25%	0.45%	0.45%
HST	D	1.24%	1.0%	1.0%
KRC	F	1.28%	0.63%	0.63%
OHI	B	1.33%	0.74%	0.74%
PDM	B	1.44%	0.23%	0.23%
PEB	D	1.26%	0.26%	0.26%
PGRE	B	1.46%	0.22%	0.22%
PK	D	1.29%	0.46%	0.46%
REG	D	1.28%	0.82%	0.82%
REXR	F	1.1%	0.41%	0.41%
RLJ	D	1.25%	0.23%	0.23%
SBRA	C	1.35%	0.33%	0.33%
SHO	D	1.22%	0.24%	0.24%
VNO	D	1.41%	0.83%	0.83%
WELL	A	1.37%	2.73%	1.37%

BLDG Overweight 16 Positions Relative to REK

Symbol	Grade	Weight
AKR	A	1.46%
CTRE	A	1.36%
IVT	A	1.34%
IIPR	A	1.32%
SITC	C	1.3%
ESRT	C	1.3%
BNL	D	1.29%
SKT	C	1.29%
DRH	D	1.29%
ROIC	D	1.28%
WSR	C	1.27%
CLDT	F	1.26%
BFS	B	1.24%
STAG	D	1.23%
FSP	F	1.17%
NXDT	F	0.0%

BLDG Underweight 59 Positions Relative to REK

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
PLD	F	-4.64%
EQIX	F	-3.91%
SPG	D	-3.53%
PSA	D	-2.58%
SBAC	F	-2.21%
DLR	D	-2.02%
O	A	-1.94%
CSGP	B	-1.85%
WY	D	-1.8%
VTR	B	-1.71%
ESS	A	-1.59%
CBRE	D	-1.59%
ARE	D	-1.46%
DOC	A	-1.4%
INVH	C	-1.28%
MAA	A	-1.19%
EXR	C	-1.13%
WPC	D	-1.12%
SUI	D	-1.12%
NLY	B	-1.08%
UDR	A	-1.08%
ELS	F	-1.0%
MPW	B	-0.9%
CPT	A	-0.83%
AGNC	B	-0.77%
VICI	C	-0.76%
NNN	B	-0.74%
GLPI	F	-0.72%
FRT	A	-0.71%
IRM	B	-0.7%
JLL	C	-0.69%
KIM	D	-0.67%
LAMR	B	-0.62%
AIV	B	-0.61%
SLG	B	-0.58%
STWD	D	-0.56%
COLD	F	-0.53%
CUBE	D	-0.47%
HHH	D	-0.42%
FR	D	-0.42%
BXMT	D	-0.39%
RHP	D	-0.37%
JBGS	D	-0.37%
HR	B	-0.36%
TWO	A	-0.32%
OUT	B	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
NHI	A	-0.29%
DSS	F	-0.28%
MFA	B	-0.28%
PCH	F	-0.23%
MAC	F	-0.22%
LXP	D	-0.21%
IVR	B	-0.19%
XHR	D	-0.18%