DFAR vs. DRV ETF Comparison

Comparison of Dimensional US Real Estate ETF (DFAR) to Drexion Daily Real Estate Bear 3x Shares (DRV)

DFAR

Dimensional US Real Estate ETF

DFAR Description

Dimensional US Real Estate ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across real estate sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Dimensional US Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.16

Average Daily Volume

264,889

Number of Holdings ^*

126

* 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

$42.11

Average Daily Volume

214,658

Number of Holdings ^*

83

* may have additional holdings in another (foreign) market

Performance

Period	DFAR	DRV
30 Days	-3.56%	12.90%
60 Days	-6.31%	24.14%
90 Days	-2.56%	8.03%
12 Months	2.67%	-11.65%

76 Overlapping Holdings

	Symbol	Grade	Weight in DFAR	Weight in DRV	Overlap
	AAT	B	0.09%	0.18%	0.09%
	ADC	B	0.53%	0.23%	0.23%
	AIV	B	0.09%	0.61%	0.09%
	AKR	B	0.16%	0.17%	0.16%
	AMH	C	1.04%	0.56%	0.56%
	AMT	D	6.37%	7.96%	6.37%
	APLE	F	0.3%	0.26%	0.26%
	ARE	D	1.7%	1.42%	1.42%
	AVB	A	2.37%	2.32%	2.32%
	BDN	B	0.07%	0.21%	0.07%
	BRX	C	0.6%	0.48%	0.48%
	BXP	F	0.78%	1.66%	0.78%
	CCI	D	3.68%	4.65%	3.68%
	COLD	F	0.55%	0.5%	0.5%
	CPT	B	0.83%	0.82%	0.82%
	CUBE	D	0.81%	0.47%	0.47%
	CUZ	B	0.32%	0.47%	0.32%
	DEI	B	0.2%	0.54%	0.2%
	DLR	C	3.82%	2.0%	2.0%
	DOC	A	1.2%	0.27%	0.27%
	EGP	D	0.68%	0.39%	0.39%
	ELS	D	0.96%	0.94%	0.94%
	EPR	C	0.27%	0.43%	0.27%
	EQC	B	0.12%	0.31%	0.12%
	EQIX	F	6.11%	3.84%	3.84%
	EQR	A	1.98%	2.36%	1.98%
	ESS	A	1.39%	1.57%	1.39%
	EXR	C	2.6%	1.1%	1.1%
	FR	D	0.53%	0.42%	0.42%
	FRT	B	0.68%	0.75%	0.68%
	GLPI	D	1.04%	0.72%	0.72%
	HIW	B	0.25%	0.4%	0.25%
	HPP	F	0.06%	0.44%	0.06%
	HST	D	1.17%	1.01%	1.01%
	INVH	B	1.86%	1.26%	1.26%
	IRM	D	2.02%	0.69%	0.69%
	JBGS	F	0.12%	0.4%	0.12%
	KIM	C	1.14%	0.66%	0.66%
	KRC	D	0.33%	0.64%	0.33%
	LAMR	B	0.92%	0.61%	0.61%
	LXP	D	0.22%	0.18%	0.18%
	MAA	B	1.35%	1.18%	1.18%
	MAC	D	0.25%	0.22%	0.22%
	MPW	D	0.24%	0.88%	0.24%
	NHI	A	0.24%	0.28%	0.24%
	NNN	A	0.63%	0.7%	0.63%
	O	B	4.11%	1.87%	1.87%
	OHI	B	0.67%	0.73%	0.67%
	OUT	D	0.21%	0.32%	0.21%
	PDM	B	0.07%	0.23%	0.07%
	PEB	D	0.15%	0.26%	0.15%
	PGRE	B	0.07%	0.2%	0.07%
	PK	D	0.29%	0.46%	0.29%
	PLD	D	8.35%	4.59%	4.59%
	PSA	D	3.64%	2.67%	2.67%
	REG	D	0.94%	0.82%	0.82%
	REXR	D	0.63%	0.4%	0.4%
	RHP	D	0.54%	0.33%	0.33%
	RLJ	D	0.15%	0.23%	0.15%
	SBAC	D	1.81%	2.2%	1.81%
	SBRA	A	0.29%	0.32%	0.29%
	SHO	D	0.17%	0.24%	0.17%
	SLG	B	0.28%	0.58%	0.28%
	SPG	C	4.05%	3.51%	3.51%
	STAG	D	0.55%	0.32%	0.32%
	SUI	F	1.25%	1.08%	1.08%
	SVC	F	0.09%	0.3%	0.09%
	TRNO	D	0.48%	0.29%	0.29%
	UDR	B	1.03%	1.07%	1.03%
	UE	B	0.18%	0.18%	0.18%
	VICI	B	2.79%	0.75%	0.75%
	VNO	F	0.39%	0.89%	0.39%
	VTR	B	1.55%	1.69%	1.55%
	WELL	A	4.81%	2.7%	2.7%
	WPC	C	0.83%	1.09%	0.83%
	XHR	D	0.13%	0.18%	0.13%

DFAR Overweight 50 Positions Relative to DRV

	Symbol	Grade	Weight
	AIRC	A	0.49%
	EPRT	A	0.43%
	KRG	B	0.4%
	PECO	D	0.36%
	IRT	B	0.32%
	CTRE	B	0.28%
	SKT	C	0.26%
	IIPR	B	0.26%
	NSA	D	0.24%
	BNL	B	0.22%
	SITC	C	0.22%
	FCPT	B	0.21%
	DRH	D	0.16%
	ROIC	D	0.15%
	IVT	B	0.15%
	UNIT	F	0.14%
	LTC	A	0.14%
	GTY	B	0.12%
	ESRT	D	0.12%
	NTST	C	0.11%
	GNL	D	0.1%
	DEA	B	0.1%
	UMH	C	0.09%
	PLYM	F	0.08%
	CSR	A	0.08%
	INN	D	0.06%
	NXRT	B	0.06%
	WSR	C	0.05%
	GOOD	B	0.05%
	DHC	F	0.04%
	CLDT	F	0.04%
	ALX	B	0.04%
	CHCT	F	0.04%
	BFS	D	0.04%
	GMRE	D	0.04%
	CTO	B	0.03%
	OLP	A	0.03%
	UHT	D	0.03%
	BRT	B	0.02%
	ILPT	B	0.02%
	CBL	F	0.02%
	PSTL	C	0.02%
	MDV	D	0.01%
	BHR	C	0.01%
	FSP	F	0.01%
	PINE	D	0.01%
	CIO	B	0.01%
	GIPR	B	0.0%
	SELF	B	0.0%
	CLPR	F	0.0%

DFAR Underweight 7 Positions Relative to DRV

	Symbol	Grade	Weight
	WY	F	-1.78%
	CBRE	D	-1.5%
	JLL	C	-0.68%
	RYN	F	-0.32%
	KW	C	-0.23%
	PCH	D	-0.23%
	HASI	C	-0.17%

DFAR: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Diversified REIT - Office REIT - Residential REIT - Industrial REIT - Hotel & Motel REIT - Healthcare Facilities Telecom Services Business Services Real Estate - General

Keywords: Real Estate Investment Trust Real Estate Market S&P 500 Retail Properties Real Estate Properties Equity Global Management Equity Real Estate Investment Trust Real Estate Investing Shopping Mall Champion Reit Dream Office Real Estate Investment Trust Industrial Properties Property Management Real Estate Investment Assisted Living David Sobelman Healthcare Facilities Hotel Inland Residential Properties Trust Retail Space

DRV: Top Represented Industries & Keywords

Industries: REIT - Diversified REIT - Office REIT - Retail REIT - Residential REIT - Industrial REIT - Hotel & Motel REIT - Healthcare Facilities Real Estate Services Lumber & Wood Production Telecom Services Business Services

Keywords: Real Estate Investment Trust S&P 500 Real Estate Market Retail Properties Property Management Equity Global Management Equity Real Estate Investment Trust Real Estate Properties Dream Office Real Estate Investment Trust Industrial Properties Real Estate Services Shopping Mall Assisted Living Construction Management Industrial Real Estate Property Management Services Real Estate Investment Sba Communications Timberland Wood Products