DESK vs. SRHR ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to SRH REIT Covered Call ETF (SRHR)

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

SRHR

SRH REIT Covered Call ETF

SRHR Description

Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.11

Average Daily Volume

162

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DESK	SRHR
30 Days	-2.47%	-1.71%
60 Days	2.14%	-3.44%
90 Days	8.36%	1.62%
12 Months	44.65%	16.94%

4 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in SRHR	Overlap
DEA	D	2.26%	2.75%	2.26%
HIW	D	4.32%	7.11%	4.32%
PLD	D	3.35%	2.86%	2.86%
REXR	F	0.98%	3.15%	0.98%

DESK Overweight 20 Positions Relative to SRHR

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%
ESRT	C	2.72%
KIM	A	2.6%
AAT	B	2.51%
PDM	D	2.47%
PGRE	F	1.98%
WPC	D	1.9%
REG	B	1.81%
BDN	C	1.52%
JBGS	D	1.44%
HPP	F	0.96%

DESK Underweight 21 Positions Relative to SRHR

Symbol	Grade	Weight
EQIX	A	-14.02%
LAMR	D	-8.92%
NXRT	B	-4.47%
FR	C	-4.09%
STAG	F	-4.09%
GNL	F	-4.07%
CCI	D	-4.0%
EXR	D	-3.81%
SHO	C	-3.56%
BRX	A	-3.48%
MTN	C	-3.47%
HST	C	-3.41%
VICI	C	-3.06%
NSA	D	-2.8%
SUI	D	-2.42%
EGP	F	-2.39%
MAA	B	-2.38%
APLE	B	-2.21%
DOC	D	-2.08%
INVH	D	-1.31%
GLPI	C	-1.1%