CRED vs. PPTY ETF Comparison

Comparison of Columbia Research Enhanced Real Estate ETF (CRED) to PPTY U.S. Diversified Real Estate ETF (PPTY)

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

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$33.87

Average Daily Volume

47,705

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CRED	PPTY
30 Days	-1.15%	0.25%
60 Days	-1.36%	0.33%
90 Days	2.39%	3.15%
12 Months	25.12%	29.22%

44 Overlapping Holdings

Symbol	Grade	Weight in CRED	Weight in PPTY	Overlap
AHH	D	0.17%	0.24%	0.17%
AMH	C	1.7%	2.31%	1.7%
APLE	B	0.64%	0.42%	0.42%
AVB	B	3.32%	4.12%	3.32%
BNL	D	0.43%	0.1%	0.1%
BRX	A	1.45%	0.11%	0.11%
BXP	C	1.51%	0.91%	0.91%
CDP	C	0.39%	1.74%	0.39%
CTRE	C	0.73%	0.43%	0.43%
CUBE	C	1.2%	0.28%	0.28%
CUZ	B	0.83%	1.54%	0.83%
DEI	B	0.33%	0.56%	0.33%
DLR	B	6.22%	3.91%	3.91%
DOC	C	2.75%	0.73%	0.73%
DRH	B	0.19%	0.11%	0.11%
EPRT	B	0.54%	0.1%	0.1%
EQIX	A	7.18%	4.33%	4.33%
ESRT	C	0.13%	1.26%	0.13%
FR	D	0.92%	0.98%	0.92%
GMRE	F	0.11%	0.09%	0.09%
HIW	C	0.78%	2.4%	0.78%
HST	C	1.27%	0.63%	0.63%
INVH	D	2.5%	0.83%	0.83%
JBGS	F	0.18%	0.09%	0.09%
KRC	B	0.87%	0.11%	0.11%
KRG	B	1.01%	0.8%	0.8%
LXP	D	0.49%	0.09%	0.09%
MAA	B	3.18%	1.9%	1.9%
NNN	C	0.85%	0.09%	0.09%
NSA	C	0.63%	0.24%	0.24%
O	C	5.9%	0.51%	0.51%
OHI	C	1.36%	0.71%	0.71%
PECO	A	0.61%	0.8%	0.61%
RHP	B	0.85%	0.53%	0.53%
SBRA	C	0.76%	0.45%	0.45%
SHO	D	0.17%	0.34%	0.17%
SKT	A	0.39%	1.12%	0.39%
SPG	A	7.67%	2.86%	2.86%
STAG	D	0.96%	1.58%	0.96%
SUI	C	1.31%	0.94%	0.94%
UE	B	0.28%	0.11%	0.11%
UMH	B	0.14%	0.29%	0.14%
VNO	C	0.64%	0.14%	0.14%
XHR	B	0.2%	0.1%	0.1%

CRED Overweight 26 Positions Relative to PPTY

Symbol	Grade	Weight
AMT	C	10.98%
CCI	C	6.96%
IRM	C	3.91%
SBAC	D	2.68%
WY	F	2.39%
LAMR	C	1.93%
GLPI	C	1.81%
EPR	C	0.77%
RYN	D	0.51%
OUT	A	0.51%
MPW	F	0.47%
MAC	B	0.43%
PK	C	0.4%
PCH	F	0.36%
GNL	F	0.31%
PDM	D	0.27%
UNIT	B	0.22%
RLJ	C	0.19%
BDN	C	0.16%
PEB	D	0.12%
WSR	A	0.12%
INN	D	0.09%
PGRE	F	0.08%
HPP	F	0.07%
ILPT	F	0.02%
OPI	F	0.01%

CRED Underweight 48 Positions Relative to PPTY

Symbol	Grade	Weight
PLD	F	-3.58%
ARE	F	-3.47%
FCPT	C	-3.35%
EQR	C	-2.93%
WELL	A	-2.71%
DEA	D	-2.56%
MAR	A	-2.32%
UDR	B	-2.09%
TRNO	F	-2.05%
ESS	B	-2.03%
HLT	A	-1.83%
REG	A	-1.74%
IRT	A	-1.71%
FRT	B	-1.5%
CPT	B	-1.49%
COLD	D	-1.45%
KIM	A	-1.44%
AAT	B	-1.44%
VTR	B	-1.36%
EGP	D	-1.31%
SLG	B	-1.28%
AKR	B	-1.27%
IIPR	D	-1.12%
WPC	C	-1.1%
EQC	B	-1.0%
PSA	C	-0.86%
ADC	A	-0.78%
GTY	A	-0.76%
ELS	C	-0.75%
H	B	-0.68%
EXR	C	-0.6%
WH	B	-0.56%
CHH	A	-0.5%
NHI	D	-0.41%
DBRG	F	-0.4%
NTST	C	-0.4%
CSR	B	-0.37%
IVT	A	-0.36%
LTC	B	-0.35%
NHC	C	-0.32%
ALEX	B	-0.19%
ROIC	A	-0.19%
CHCT	C	-0.18%
ELME	D	-0.1%
BFS	C	-0.1%
AIV	C	-0.09%
PLYM	F	-0.08%
REXR	F	-0.08%