DESK vs. ADPV ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to Adaptiv Select ETF (ADPV)

DESK

VanEck Office and Commercial REIT ETF

DESK Description

The fund normally invests at least 80% of its total assets in Office and Commercial Real Estate Companies. The index is comprised of equity securities of Office and Commercial Real Estate Companies and is intended to give investors a means of tracking the overall performance of U.S exchange-listed real estate investment trusts (REITs) involved in the office and commercial real estate markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.25

Average Daily Volume

643

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

6,573

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	ADPV
30 Days	-2.47%	14.99%
60 Days	2.14%	17.87%
90 Days	8.36%	18.61%
12 Months	44.65%	60.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in DESK	Weight in ADPV	Overlap
	HIW	D	4.32%	3.07%	3.07%

DESK Overweight 23 Positions Relative to ADPV

Symbol	Grade	Weight
VNO	B	11.63%
BXP	D	9.94%
KRC	C	8.76%
SLG	B	8.48%
CUZ	B	6.54%
CDP	C	6.21%
EQC	B	4.63%
DEI	B	4.42%
SPG	B	4.16%
O	D	3.42%
PLD	D	3.35%
ESRT	C	2.72%
KIM	A	2.6%
AAT	B	2.51%
PDM	D	2.47%
DEA	D	2.26%
PGRE	F	1.98%
WPC	D	1.9%
REG	B	1.81%
BDN	C	1.52%
JBGS	D	1.44%
REXR	F	0.98%
HPP	F	0.96%

DESK Underweight 24 Positions Relative to ADPV

Symbol	Grade	Weight
PLTR	B	-7.92%
APP	B	-6.12%
HOOD	B	-5.75%
PPC	C	-5.68%
HBAN	A	-5.31%
T	A	-4.74%
VIRT	B	-4.7%
AMCR	D	-4.61%
KEY	B	-4.53%
NU	C	-4.23%
KMI	A	-3.92%
MDU	D	-3.65%
RF	A	-3.54%
MTG	C	-3.43%
VST	B	-3.39%
TOST	B	-3.29%
CRBG	B	-3.28%
CPNG	D	-3.22%
OWL	A	-3.14%
AM	A	-2.76%
VKTX	F	-2.72%
GTES	A	-2.29%
EXEL	B	-1.94%
HAYW	B	-1.84%