DRN vs. GREI ETF Comparison

Comparison of Dexion Daily Real Estate Bull 3x Shares (DRN) to Goldman Sachs Future Real Estate (GREI)

DRN

Dexion Daily Real Estate Bull 3x Shares

DRN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the equity securities that comprise the index and/or 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

$7.88

Average Daily Volume

1,009,812

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GREI

Goldman Sachs Future Real Estate

GREI Description

Goldman Sachs Future Real Estate seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non‑U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability.

Grade (RS Rating)

Last Trade

$32.96

Average Daily Volume

1,630

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DRN	GREI
30 Days	3.68%	3.38%
60 Days	-20.40%	-1.85%
90 Days	-15.44%	1.61%
12 Months	0.34%	4.17%

12 Overlapping Holdings

Symbol	Grade	Weight in DRN	Weight in GREI	Overlap
AMT	D	6.73%	3.07%	3.07%
ARE	D	1.46%	2.32%	1.46%
AVB	A	2.11%	2.83%	2.11%
DLR	D	3.49%	2.52%	2.52%
EQIX	F	5.54%	3.59%	3.59%
EXR	D	2.34%	2.68%	2.34%
INVH	B	1.52%	2.1%	1.52%
PLD	D	7.62%	5.45%	5.45%
SBAC	D	1.58%	2.5%	1.58%
VICI	B	2.31%	2.4%	2.31%
VTR	B	1.47%	2.06%	1.47%
WELL	A	4.26%	3.04%	3.04%

DRN Overweight 19 Positions Relative to GREI

Symbol	Grade	Weight
SPG	C	3.6%
PSA	D	3.38%
O	B	3.37%
CCI	D	3.28%
CSGP	C	2.69%
CBRE	D	2.01%
IRM	C	1.79%
EQR	A	1.73%
WY	F	1.69%
ESS	A	1.27%
MAA	B	1.2%
DOC	A	1.04%
HST	D	0.98%
KIM	C	0.96%
UDR	B	0.9%
CPT	B	0.85%
REG	F	0.75%
BXP	F	0.67%
FRT	B	0.56%

DRN Underweight 15 Positions Relative to GREI

Symbol	Grade	Weight
NEE	B	-4.86%
LNG	D	-2.32%
ELS	D	-2.24%
XEL	C	-2.03%
CMS	A	-1.98%
ES	B	-1.94%
WEC	B	-1.93%
AWK	B	-1.93%
COLD	F	-1.92%
NSC	D	-1.89%
AES	B	-1.84%
AMH	B	-1.69%
AEE	C	-1.5%
TRNO	F	-1.36%
LIN	D	-1.19%