DESK vs. USRT ETF Comparison

Comparison of VanEck Office and Commercial REIT ETF (DESK) to iShares Core U.S. REIT ETF (USRT)

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

$36.14

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USRT

iShares Core U.S. REIT ETF

USRT Description

The iShares Core U.S. REIT ETF seeks to track the investment results of an index composed of U.S. real estate equities.

Grade (RS Rating)

Last Trade

$53.34

Average Daily Volume

245,594

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	DESK	USRT
30 Days	6.63%	8.09%
60 Days	1.69%	1.54%
90 Days	0.06%	1.99%
12 Months		11.98%

9 Overlapping Holdings

Symbol	Grade	Weight in DESK	Weight in USRT	Overlap
BXP	C	10.1%	0.93%	0.93%
CDP	C	6.35%	0.27%	0.27%
CUZ	C	6.06%	0.35%	0.35%
DEI	C	4.31%	0.2%	0.2%
HIW	C	4.38%	0.27%	0.27%
KRC	C	8.82%	0.39%	0.39%
O	C	4.23%	4.38%	4.23%
SLG	C	7.39%	0.31%	0.31%
VNO	F	10.39%	0.42%	0.42%

DESK Overweight 1 Positions Relative to USRT

	Symbol	Grade	Weight
	EQC	C	5.24%

DESK Underweight 121 Positions Relative to USRT

Symbol	Grade	Weight
PLD	F	-9.62%
EQIX	D	-6.95%
WELL	B	-5.3%
SPG	C	-4.66%
DLR	C	-4.18%
PSA	C	-4.16%
EXR	C	-2.95%
VICI	C	-2.92%
AVB	B	-2.69%
EQR	B	-2.41%
IRM	B	-2.22%
INVH	B	-2.06%
ARE	C	-2.01%
VTR	B	-1.83%
ESS	B	-1.6%
MAA	C	-1.53%
SUI	F	-1.39%
DOC	B	-1.32%
HST	D	-1.24%
UDR	C	-1.23%
WPC	C	-1.21%
KIM	C	-1.2%
AMH	B	-1.17%
GLPI	C	-1.09%
ELS	D	-1.08%
CPT	B	-1.07%
REG	C	-1.03%
LAMR	B	-1.0%
REXR	F	-0.92%
CUBE	C	-0.91%
FRT	C	-0.8%
NNN	B	-0.74%
EGP	F	-0.73%
OHI	C	-0.72%
BRX	C	-0.64%
COLD	D	-0.63%
STAG	C	-0.62%
FR	F	-0.61%
RHP	D	-0.59%
ADC	C	-0.57%
HR	C	-0.56%
AIRC	A	-0.55%
TRNO	F	-0.47%
KRG	C	-0.44%
EPRT	B	-0.4%
PECO	F	-0.38%
IRT	C	-0.36%
PK	D	-0.32%
MAC	D	-0.32%
SBRA	B	-0.32%
APLE	F	-0.31%
EPR	C	-0.3%
SKT	D	-0.28%
IIPR	B	-0.28%
CTRE	C	-0.28%
NSA	C	-0.27%
MPW	C	-0.27%
BNL	C	-0.27%
NHI	B	-0.26%
SITC	B	-0.25%
LXP	D	-0.24%
FCPT	C	-0.21%
OUT	D	-0.21%
SHO	D	-0.2%
UE	C	-0.19%
DRH	F	-0.17%
AKR	B	-0.16%
PEB	C	-0.16%
IVT	C	-0.16%
ROIC	D	-0.15%
XHR	D	-0.15%
RLJ	F	-0.15%
GNL	D	-0.14%
JBGS	F	-0.13%
GTY	C	-0.13%
ELME	B	-0.13%
LTC	B	-0.13%
NTST	C	-0.12%
ALEX	C	-0.12%
VRE	C	-0.12%
ESRT	D	-0.12%
DEA	C	-0.11%
AIV	C	-0.11%
CSR	C	-0.1%
AAT	B	-0.1%
PGRE	C	-0.09%
PLYM	D	-0.09%
SVC	F	-0.09%
SAFE	C	-0.09%
UMH	B	-0.09%
BDN	C	-0.08%
NXRT	C	-0.08%
PDM	C	-0.08%
HPP	F	-0.07%
AHH	C	-0.07%
GOOD	B	-0.06%
WSR	B	-0.06%
CBL	D	-0.06%
INN	F	-0.06%
CHCT	F	-0.06%
UHT	D	-0.05%
FPI	C	-0.05%
ALX	C	-0.05%
PKST	F	-0.05%
DHC	F	-0.05%
GMRE	D	-0.05%
CTO	A	-0.04%
OLP	A	-0.04%
BFS	B	-0.04%
CLDT	F	-0.04%
LAND	D	-0.04%
ILPT	C	-0.03%
PSTL	C	-0.03%
NLOP	C	-0.03%
BHR	C	-0.02%
NXDT	F	-0.02%
PINE	C	-0.02%
ONL	D	-0.02%
CIO	C	-0.02%
BRT	C	-0.02%
OPI	D	-0.01%

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