DESK vs. JRE ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to Janus Henderson U.S. Real Estate ETF (JRE)

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

$44.97

Average Daily Volume

665

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

834

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	JRE
30 Days	-3.09%	-1.55%
60 Days	2.20%	-2.22%
90 Days	7.68%	0.80%
12 Months	43.75%	22.84%

4 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in JRE	Overlap
BXP	C	9.94%	3.39%	3.39%
KRC	B	8.76%	2.08%	2.08%
O	C	3.42%	7.53%	3.42%
PLD	F	3.35%	5.46%	3.35%

DESK Overweight 20 Positions Relative to JRE

Symbol	Grade	Weight
VNO	C	11.63%
SLG	B	8.48%
CUZ	B	6.54%
CDP	C	6.21%
EQC	B	4.63%
DEI	B	4.42%
HIW	C	4.32%
SPG	A	4.16%
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	C	1.9%
REG	A	1.81%
BDN	C	1.52%
JBGS	F	1.44%
REXR	F	0.98%
HPP	F	0.96%

DESK Underweight 17 Positions Relative to JRE

Symbol	Grade	Weight
EQIX	A	-10.5%
PSA	C	-8.4%
WELL	A	-8.39%
AVB	B	-5.14%
AMH	C	-4.37%
UDR	B	-4.13%
EGP	D	-3.99%
FRT	B	-3.93%
ELS	C	-3.76%
FR	D	-3.67%
MAC	B	-2.99%
SBRA	C	-2.78%
RHP	B	-2.65%
STAG	D	-2.49%
SBAC	D	-2.29%
WH	B	-1.96%
CBRE	B	-1.94%