BYRE vs. PSR ETF Comparison

Comparison of Principal Real Estate Active Opportunities ETF (BYRE) to PowerShares Active U.S. Real Estate Fund (PSR)

BYRE

Principal Real Estate Active Opportunities ETF

BYRE Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.02

Average Daily Volume

1,029

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSR

PowerShares Active U.S. Real Estate Fund

PSR Description

The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs). The Fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$96.65

Average Daily Volume

3,217

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BYRE	PSR
30 Days	-0.57%	-0.47%
60 Days	-2.84%	-1.43%
90 Days	0.27%	1.66%
12 Months	18.65%	20.10%

10 Overlapping Holdings

Symbol	Grade	Weight in BYRE	Weight in PSR	Overlap
AMT	C	7.12%	6.27%	6.27%
ARE	F	2.8%	2.02%	2.02%
CCI	C	1.79%	3.23%	1.79%
DLR	B	3.08%	4.33%	3.08%
EQIX	A	6.66%	8.78%	6.66%
GLPI	C	4.19%	2.32%	2.32%
INVH	D	6.12%	3.76%	3.76%
REXR	F	4.26%	2.09%	2.09%
SBAC	D	5.11%	4.55%	4.55%
WELL	A	4.95%	8.81%	4.95%

BYRE Overweight 12 Positions Relative to PSR

Symbol	Grade	Weight
VTR	B	8.53%
EXR	C	5.61%
COLD	D	4.69%
SUI	C	4.47%
SBRA	C	4.26%
VICI	C	4.18%
TRNO	F	4.14%
AMH	C	3.98%
NHI	D	2.22%
RHP	B	1.97%
DRH	B	1.55%
VAC	C	1.09%

BYRE Underweight 19 Positions Relative to PSR

Symbol	Grade	Weight
BRX	A	-4.98%
EQR	C	-4.75%
O	C	-4.3%
PLD	F	-3.73%
CUBE	C	-3.52%
SPG	A	-3.35%
PSA	C	-3.27%
ELS	C	-3.14%
ADC	A	-3.14%
KIM	A	-2.69%
KRC	B	-2.51%
DOC	C	-2.48%
EGP	D	-2.3%
RYN	D	-2.13%
ESRT	C	-1.99%
FR	D	-1.93%
EPRT	B	-1.52%
RLJ	C	-1.02%
CPT	B	-0.97%