DESK vs. PPTY ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to PPTY U.S. Diversified Real Estate ETF (PPTY)

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

$35.46

Average Daily Volume

129

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

$29.37

Average Daily Volume

8,231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	PPTY
30 Days	-0.30%	0.72%
60 Days	-2.31%	-1.86%
90 Days	1.95%	2.62%
12 Months		9.27%

9 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in PPTY	Overlap
BXP	F	10.01%	1.63%	1.63%
CUZ	B	5.97%	1.35%	1.35%
DEI	B	4.11%	0.33%	0.33%
EQC	B	5.03%	0.78%	0.78%
HIW	B	4.15%	1.87%	1.87%
KRC	D	8.88%	2.31%	2.31%
O	B	4.02%	0.1%	0.1%
SLG	B	7.54%	0.85%	0.85%
VNO	F	10.57%	0.09%	0.09%

DESK Overweight 1 Positions Relative to PPTY

	Symbol	Grade	Weight
	CDP	B	6.12%

DESK Underweight 82 Positions Relative to PPTY

Symbol	Grade	Weight
AVB	A	-4.09%
EQIX	F	-3.51%
PLD	D	-3.37%
FCPT	B	-3.3%
EQR	A	-3.14%
SPG	C	-2.96%
DLR	C	-2.91%
DEA	B	-2.87%
AMH	C	-2.71%
WELL	A	-2.43%
TRNO	D	-2.35%
ARE	D	-2.18%
MAR	D	-2.18%
UDR	B	-2.12%
MAA	B	-2.11%
ESS	A	-2.04%
REG	D	-1.79%
HLT	D	-1.71%
FRT	B	-1.66%
COLD	F	-1.63%
AAT	B	-1.55%
STAG	D	-1.48%
CPT	B	-1.48%
IIPR	B	-1.39%
ESRT	D	-1.29%
KIM	C	-1.27%
DOC	A	-1.26%
WPC	C	-1.25%
VTR	B	-1.2%
CSR	A	-1.19%
SKT	C	-1.19%
AIRC	A	-1.14%
EGP	D	-1.12%
AHH	B	-1.02%
KRG	B	-1.0%
SUI	F	-0.98%
INVH	B	-0.97%
LXP	D	-0.94%
GTY	B	-0.85%
DBRG	F	-0.81%
PSA	D	-0.79%
H	D	-0.79%
PECO	D	-0.78%
ELS	D	-0.7%
HST	D	-0.68%
SITC	C	-0.62%
OHI	B	-0.62%
EXR	C	-0.57%
ADC	B	-0.56%
FR	D	-0.55%
NTST	C	-0.54%
RHP	D	-0.52%
WH	D	-0.48%
CHH	C	-0.47%
NHI	A	-0.46%
CTRE	B	-0.42%
APLE	F	-0.39%
SHO	D	-0.36%
CHCT	F	-0.31%
LTC	A	-0.31%
NHC	C	-0.3%
SBRA	A	-0.29%
CUBE	D	-0.29%
UMH	C	-0.28%
JBGS	F	-0.28%
BRX	C	-0.26%
DRH	D	-0.23%
NSA	D	-0.22%
IVT	B	-0.19%
ALEX	C	-0.17%
REXR	D	-0.13%
IRT	B	-0.11%
EPRT	A	-0.11%
AIV	B	-0.11%
BNL	B	-0.1%
UE	B	-0.1%
AKR	B	-0.1%
NNN	A	-0.1%
ROIC	D	-0.09%
BFS	D	-0.09%
PLYM	F	-0.09%
GMRE	D	-0.08%

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