CRED vs. BBRE ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE)

CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.49

Average Daily Volume

686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$100.40

Average Daily Volume

36,485

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	CRED	BBRE
30 Days	-1.15%	0.29%
60 Days	-1.36%	-0.53%
90 Days	2.39%	2.37%
12 Months	25.12%	28.63%

59 Overlapping Holdings

Symbol	Grade	Weight in CRED	Weight in BBRE	Overlap
AHH	D	0.17%	0.08%	0.08%
AMH	C	1.7%	1.04%	1.04%
APLE	B	0.64%	0.31%	0.31%
AVB	B	3.32%	2.82%	2.82%
BDN	C	0.16%	0.08%	0.08%
BNL	D	0.43%	0.27%	0.27%
BRX	A	1.45%	0.76%	0.76%
BXP	C	1.51%	1.04%	1.04%
CDP	C	0.39%	0.32%	0.32%
CTRE	C	0.73%	0.27%	0.27%
CUBE	C	1.2%	0.94%	0.94%
CUZ	B	0.83%	0.42%	0.42%
DEI	B	0.33%	0.29%	0.29%
DLR	B	6.22%	4.55%	4.55%
DOC	C	2.75%	1.33%	1.33%
DRH	B	0.19%	0.17%	0.17%
EPR	C	0.77%	0.3%	0.3%
EPRT	B	0.54%	0.42%	0.42%
EQIX	A	7.18%	7.26%	7.18%
ESRT	C	0.13%	0.13%	0.13%
FR	D	0.92%	0.62%	0.62%
GLPI	C	1.81%	1.11%	1.11%
GMRE	F	0.11%	0.05%	0.05%
GNL	F	0.31%	0.13%	0.13%
HIW	C	0.78%	0.3%	0.3%
HPP	F	0.07%	0.05%	0.05%
HST	C	1.27%	1.13%	1.13%
INN	D	0.09%	0.07%	0.07%
INVH	D	2.5%	1.79%	1.79%
IRM	C	3.91%	2.92%	2.92%
JBGS	F	0.18%	0.14%	0.14%
KRC	B	0.87%	0.37%	0.37%
KRG	B	1.01%	0.53%	0.53%
LXP	D	0.49%	0.23%	0.23%
MAA	B	3.18%	1.62%	1.62%
MAC	B	0.43%	0.37%	0.37%
MPW	F	0.47%	0.23%	0.23%
NNN	C	0.85%	0.67%	0.67%
NSA	C	0.63%	0.33%	0.33%
O	C	5.9%	3.78%	3.78%
OHI	C	1.36%	0.85%	0.85%
PDM	D	0.27%	0.11%	0.11%
PEB	D	0.12%	0.15%	0.12%
PECO	A	0.61%	0.41%	0.41%
PGRE	F	0.08%	0.08%	0.08%
PK	C	0.4%	0.3%	0.3%
RHP	B	0.85%	0.53%	0.53%
RLJ	C	0.19%	0.14%	0.14%
SBRA	C	0.76%	0.4%	0.4%
SHO	D	0.17%	0.2%	0.17%
SKT	A	0.39%	0.34%	0.34%
SPG	A	7.67%	4.71%	4.71%
STAG	D	0.96%	0.58%	0.58%
SUI	C	1.31%	1.35%	1.31%
UE	B	0.28%	0.25%	0.25%
UMH	B	0.14%	0.1%	0.1%
VNO	C	0.64%	0.62%	0.62%
WSR	A	0.12%	0.07%	0.07%
XHR	B	0.2%	0.16%	0.16%

CRED Overweight 11 Positions Relative to BBRE

Symbol	Grade	Weight
AMT	C	10.98%
CCI	C	6.96%
SBAC	D	2.68%
WY	F	2.39%
LAMR	C	1.93%
RYN	D	0.51%
OUT	A	0.51%
PCH	F	0.36%
UNIT	B	0.22%
ILPT	F	0.02%
OPI	F	0.01%

CRED Underweight 55 Positions Relative to BBRE

Symbol	Grade	Weight
PLD	F	-8.82%
WELL	A	-6.14%
PSA	C	-4.26%
EXR	C	-2.99%
VICI	C	-2.63%
VTR	B	-2.26%
EQR	C	-2.25%
ESS	B	-1.71%
ARE	F	-1.48%
KIM	A	-1.46%
UDR	B	-1.27%
ELS	C	-1.12%
REG	A	-1.08%
CPT	B	-1.07%
WPC	C	-1.01%
FRT	B	-0.73%
REXR	F	-0.67%
EGP	D	-0.67%
ADC	A	-0.6%
COLD	D	-0.54%
SLG	B	-0.45%
IRT	A	-0.41%
TRNO	F	-0.41%
NHI	D	-0.31%
IIPR	D	-0.26%
IVT	A	-0.21%
FCPT	C	-0.21%
AKR	B	-0.21%
EQC	B	-0.2%
ROIC	A	-0.19%
ELME	D	-0.14%
LTC	B	-0.14%
VRE	B	-0.13%
ALEX	B	-0.13%
AAT	B	-0.13%
GTY	A	-0.12%
AIV	C	-0.12%
NXRT	B	-0.1%
CSR	B	-0.1%
DEA	D	-0.1%
PLYM	F	-0.08%
NTST	C	-0.08%
GOOD	B	-0.07%
BFS	C	-0.06%
FPI	B	-0.06%
OLP	B	-0.05%
ALX	D	-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%