CRED vs. IYR ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to iShares U.S. Real Estate ETF (IYR)

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

IYR

iShares U.S. Real Estate ETF

IYR Description

The investment seeks to track the investment results of an index composed of U.S. equities in the real estate sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Real Estate Index (the "underlying index"), which measures the performance of the real estate sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include real estate investment trusts ("REITs").

Grade (RS Rating)

Last Trade

$99.62

Average Daily Volume

5,414,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	IYR
30 Days	-1.15%	-0.39%
60 Days	-1.36%	-1.91%
90 Days	2.39%	1.18%
12 Months	25.12%	24.24%

31 Overlapping Holdings

Symbol	Grade	Weight in CRED	Weight in IYR	Overlap
AMH	C	1.7%	0.89%	0.89%
AMT	C	10.98%	6.8%	6.8%
AVB	B	3.32%	2.44%	2.44%
BRX	A	1.45%	0.65%	0.65%
BXP	C	1.51%	0.86%	0.86%
CCI	C	6.96%	3.38%	3.38%
CUBE	C	1.2%	0.82%	0.82%
CUZ	B	0.83%	0.35%	0.35%
DLR	B	6.22%	4.14%	4.14%
DOC	C	2.75%	1.1%	1.1%
EQIX	A	7.18%	6.31%	6.31%
FR	D	0.92%	0.52%	0.52%
GLPI	C	1.81%	1.01%	1.01%
HST	C	1.27%	0.91%	0.91%
INVH	D	2.5%	1.44%	1.44%
IRM	C	3.91%	2.52%	2.52%
KRC	B	0.87%	0.31%	0.31%
LAMR	C	1.93%	0.83%	0.83%
MAA	B	3.18%	1.38%	1.38%
NNN	C	0.85%	0.58%	0.58%
O	C	5.9%	3.69%	3.69%
OHI	C	1.36%	0.77%	0.77%
PCH	F	0.36%	0.23%	0.23%
RYN	D	0.51%	0.3%	0.3%
SBAC	D	2.68%	1.78%	1.78%
SBRA	C	0.76%	0.32%	0.32%
SPG	A	7.67%	4.14%	4.14%
STAG	D	0.96%	0.5%	0.5%
SUI	C	1.31%	1.1%	1.1%
VNO	C	0.64%	0.51%	0.51%
WY	F	2.39%	1.69%	1.69%

CRED Overweight 39 Positions Relative to IYR

Symbol	Grade	Weight
KRG	B	1.01%
RHP	B	0.85%
HIW	C	0.78%
EPR	C	0.77%
CTRE	C	0.73%
APLE	B	0.64%
NSA	C	0.63%
PECO	A	0.61%
EPRT	B	0.54%
OUT	A	0.51%
LXP	D	0.49%
MPW	F	0.47%
BNL	D	0.43%
MAC	B	0.43%
PK	C	0.4%
CDP	C	0.39%
SKT	A	0.39%
DEI	B	0.33%
GNL	F	0.31%
UE	B	0.28%
PDM	D	0.27%
UNIT	B	0.22%
XHR	B	0.2%
RLJ	C	0.19%
DRH	B	0.19%
JBGS	F	0.18%
SHO	D	0.17%
AHH	D	0.17%
BDN	C	0.16%
UMH	B	0.14%
ESRT	C	0.13%
PEB	D	0.12%
WSR	A	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 33 Positions Relative to IYR

Symbol	Grade	Weight
PLD	F	-7.78%
WELL	A	-4.84%
PSA	C	-3.95%
CBRE	B	-2.94%
EXR	C	-2.61%
VICI	C	-2.48%
CSGP	D	-2.19%
VTR	B	-1.97%
EQR	C	-1.88%
ESS	B	-1.45%
KIM	A	-1.26%
ARE	F	-1.23%
UDR	B	-1.0%
ELS	C	-0.99%
CPT	B	-0.96%
JLL	D	-0.93%
WPC	C	-0.91%
REG	A	-0.9%
Z	A	-0.82%
NLY	C	-0.74%
REXR	F	-0.69%
FRT	B	-0.64%
EGP	D	-0.63%
ADC	A	-0.57%
AGNC	C	-0.56%
HR	B	-0.48%
STWD	C	-0.46%
COLD	D	-0.43%
RITM	C	-0.42%
ZG	A	-0.29%
LINE	F	-0.28%
HHH	B	-0.18%
SEG	B	-0.02%