CRED vs. FPRO ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to Fidelity Real Estate Investment ETF (FPRO)
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

$23.51

Average Daily Volume

676

Number of Holdings *

70

* may have additional holdings in another (foreign) market
FPRO

Fidelity Real Estate Investment ETF

FPRO Description The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.73

Average Daily Volume

5,739

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period CRED FPRO
30 Days -1.88% -0.37%
60 Days -2.23% -2.31%
90 Days 3.50% 2.18%
12 Months 24.01% 20.74%
20 Overlapping Holdings
Symbol Grade Weight in CRED Weight in FPRO Overlap
AMH C 1.7% 2.09% 1.7%
AMT D 10.98% 9.56% 9.56%
CCI C 6.96% 2.18% 2.18%
CUBE D 1.2% 3.33% 1.2%
DLR A 6.22% 3.31% 3.31%
DRH B 0.19% 0.02% 0.02%
EQIX A 7.18% 7.21% 7.18%
INVH D 2.5% 1.57% 1.57%
LAMR D 1.93% 1.29% 1.29%
MAA B 3.18% 2.02% 2.02%
MAC A 0.43% 0.34% 0.34%
NNN C 0.85% 3.78% 0.85%
PECO B 0.61% 0.77% 0.61%
RHP B 0.85% 0.45% 0.45%
SBAC D 2.68% 1.17% 1.17%
SKT A 0.39% 0.68% 0.39%
STAG D 0.96% 1.07% 0.96%
SUI C 1.31% 2.69% 1.31%
UE B 0.28% 1.36% 0.28%
WY D 2.39% 0.64% 0.64%
CRED Overweight 50 Positions Relative to FPRO
Symbol Grade Weight
SPG A 7.67%
O D 5.9%
IRM C 3.91%
AVB B 3.32%
DOC D 2.75%
GLPI C 1.81%
BXP D 1.51%
BRX A 1.45%
OHI C 1.36%
HST D 1.27%
KRG A 1.01%
FR D 0.92%
KRC C 0.87%
CUZ B 0.83%
HIW D 0.78%
EPR D 0.77%
SBRA B 0.76%
CTRE C 0.73%
VNO C 0.64%
APLE B 0.64%
NSA C 0.63%
EPRT A 0.54%
RYN D 0.51%
OUT A 0.51%
LXP D 0.49%
MPW F 0.47%
BNL D 0.43%
PK D 0.4%
CDP D 0.39%
PCH D 0.36%
DEI A 0.33%
GNL D 0.31%
PDM D 0.27%
UNIT B 0.22%
XHR B 0.2%
RLJ C 0.19%
JBGS D 0.18%
SHO D 0.17%
AHH D 0.17%
BDN C 0.16%
UMH B 0.14%
ESRT C 0.13%
PEB F 0.12%
WSR B 0.12%
GMRE F 0.11%
INN D 0.09%
PGRE F 0.08%
HPP F 0.07%
ILPT F 0.02%
OPI F 0.01%
CRED Underweight 20 Positions Relative to FPRO
Symbol Grade Weight
PLD D -10.01%
PSA D -5.89%
VTR B -5.69%
WELL A -5.23%
CBRE B -4.11%
KIM A -3.9%
UDR C -3.51%
EQR C -2.75%
COLD D -2.21%
EXR C -1.92%
CSGP C -1.36%
CPT C -1.08%
REG A -0.92%
FCPT C -0.84%
TRNO D -0.73%
COMP B -0.55%
ELME D -0.42%
ELS B -0.4%
AKR A -0.24%
IVT A -0.09%
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