DESK vs. DRV ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to Drexion Daily Real Estate Bear 3x Shares (DRV)

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

$35.95

Average Daily Volume

134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DRV

Drexion Daily Real Estate Bear 3x Shares

DRV Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.47

Average Daily Volume

216,214

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	DRV
30 Days	1.09%	10.80%
60 Days	0.00%	21.07%
90 Days	3.56%	7.61%
12 Months		-7.92%

9 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in DRV	Overlap
BXP	D	10.01%	1.66%	1.66%
CUZ	B	5.97%	0.47%	0.47%
DEI	B	4.11%	0.54%	0.54%
EQC	C	5.03%	0.31%	0.31%
HIW	A	4.15%	0.4%	0.4%
KRC	D	8.88%	0.64%	0.64%
O	B	4.02%	1.87%	1.87%
SLG	B	7.54%	0.58%	0.58%
VNO	D	10.57%	0.89%	0.89%

DESK Overweight 1 Positions Relative to DRV

	Symbol	Grade	Weight
	CDP	B	6.12%

DESK Underweight 74 Positions Relative to DRV

Symbol	Grade	Weight
AMT	D	-7.96%
CCI	D	-4.65%
PLD	D	-4.59%
EQIX	F	-3.84%
SPG	D	-3.51%
WELL	A	-2.7%
PSA	D	-2.67%
EQR	A	-2.36%
AVB	A	-2.32%
SBAC	F	-2.2%
DLR	C	-2.0%
WY	D	-1.78%
VTR	B	-1.69%
ESS	A	-1.57%
CBRE	D	-1.5%
ARE	D	-1.42%
INVH	B	-1.26%
MAA	B	-1.18%
EXR	C	-1.1%
WPC	C	-1.09%
SUI	F	-1.08%
UDR	B	-1.07%
HST	D	-1.01%
ELS	D	-0.94%
MPW	D	-0.88%
REG	F	-0.82%
CPT	B	-0.82%
VICI	D	-0.75%
FRT	B	-0.75%
OHI	B	-0.73%
GLPI	F	-0.72%
NNN	A	-0.7%
IRM	D	-0.69%
JLL	C	-0.68%
KIM	C	-0.66%
AIV	B	-0.61%
LAMR	B	-0.61%
AMH	C	-0.56%
COLD	F	-0.5%
BRX	C	-0.48%
CUBE	D	-0.47%
PK	D	-0.46%
HPP	F	-0.44%
EPR	C	-0.43%
FR	D	-0.42%
JBGS	F	-0.4%
REXR	D	-0.4%
EGP	F	-0.39%
RHP	D	-0.33%
STAG	D	-0.32%
OUT	D	-0.32%
RYN	D	-0.32%
SBRA	C	-0.32%
SVC	F	-0.3%
TRNO	F	-0.29%
NHI	A	-0.28%
DOC	B	-0.27%
PEB	D	-0.26%
APLE	F	-0.26%
SHO	D	-0.24%
KW	C	-0.23%
RLJ	D	-0.23%
PDM	B	-0.23%
PCH	D	-0.23%
ADC	B	-0.23%
MAC	D	-0.22%
BDN	B	-0.21%
PGRE	B	-0.2%
LXP	D	-0.18%
XHR	C	-0.18%
UE	B	-0.18%
AAT	B	-0.18%
AKR	B	-0.17%
HASI	C	-0.17%

DESK: Top Represented Industries & Keywords

Industries: REIT - Office REIT - Diversified REIT - Retail

Keywords: Real Estate Investment Trust Real Estate Market Retail Properties Equity Global Management Madison Marquette S&P 500 David Sobelman Dream Office Real Estate Investment Trust Hawaii Paramus Property Management Publicly Traded Real Estate Real Estate Properties Retail Shopping Centers Shopping Mall Undeveloped Land