ICF vs. PPTY ETF Comparison

Comparison of iShares Cohen & Steers REIT ETF (ICF) to PPTY U.S. Diversified Real Estate ETF (PPTY)

ICF

iShares Cohen & Steers REIT ETF

ICF Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index consists of selected real estate investment trusts ("REITs"). The objective of the underlying index is to represent relatively large and liquid REITs that may benefit from future consolidation and securitization of the U.S. real estate industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.07

Average Daily Volume

132,647

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

$30.06

Average Daily Volume

7,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICF	PPTY
30 Days	8.62%	7.63%
60 Days	0.78%	2.79%
90 Days	1.80%	3.22%
12 Months	10.27%	14.71%

25 Overlapping Holdings

Symbol	Grade	Weight in ICF	Weight in PPTY	Overlap
AMH	B	1.5%	2.64%	1.5%
ARE	C	2.42%	2.17%	2.17%
AVB	B	3.6%	4.08%	3.6%
BXP	C	1.14%	1.6%	1.14%
CUZ	C	0.47%	1.35%	0.47%
DLR	C	5.67%	2.85%	2.85%
ELS	D	1.52%	0.7%	0.7%
EQIX	D	6.93%	3.57%	3.57%
EQR	B	2.98%	3.13%	2.98%
ESS	B	2.14%	2.08%	2.08%
EXR	C	3.92%	0.61%	0.61%
FRT	C	0.98%	1.61%	0.98%
HST	D	1.71%	0.65%	0.65%
INVH	B	2.6%	0.94%	0.94%
KIM	C	1.63%	1.28%	1.28%
MAA	C	2.06%	2.19%	2.06%
O	C	5.92%	0.1%	0.1%
PLD	F	6.84%	3.4%	3.4%
PSA	C	5.59%	0.82%	0.82%
REG	C	1.26%	1.76%	1.26%
REXR	F	1.23%	0.13%	0.13%
SPG	C	6.24%	2.95%	2.95%
SUI	F	1.88%	0.94%	0.94%
UDR	C	1.53%	2.11%	1.53%
WELL	B	6.98%	2.49%	2.49%

ICF Overweight 5 Positions Relative to PPTY

Symbol	Grade	Weight
AMT	C	7.69%
CCI	D	5.4%
VICI	C	3.95%
SBAC	F	2.74%
LAMR	B	1.33%

ICF Underweight 66 Positions Relative to PPTY

Symbol	Grade	Weight
FCPT	C	-3.35%
DEA	C	-2.86%
KRC	C	-2.32%
TRNO	F	-2.3%
MAR	D	-2.08%
HIW	C	-1.92%
HLT	D	-1.67%
COLD	D	-1.67%
AAT	B	-1.57%
CPT	B	-1.55%
STAG	C	-1.46%
IIPR	B	-1.45%
ESRT	D	-1.33%
DOC	B	-1.3%
VTR	B	-1.28%
WPC	C	-1.26%
CSR	C	-1.25%
EGP	F	-1.13%
SKT	D	-1.12%
AIRC	A	-1.11%
AHH	C	-1.09%
LXP	D	-0.95%
KRG	C	-0.95%
GTY	C	-0.85%
SLG	C	-0.85%
EQC	C	-0.78%
PECO	F	-0.76%
H	D	-0.76%
DBRG	F	-0.67%
SITC	B	-0.61%
OHI	C	-0.6%
ADC	C	-0.56%
NTST	C	-0.55%
FR	F	-0.55%
RHP	D	-0.5%
NHI	B	-0.47%
CHH	F	-0.45%
WH	F	-0.44%
CTRE	C	-0.42%
APLE	F	-0.37%
SHO	D	-0.35%
DEI	C	-0.34%
LTC	B	-0.32%
NHC	B	-0.31%
SBRA	B	-0.3%
CUBE	C	-0.29%
CHCT	F	-0.28%
JBGS	F	-0.27%
UMH	B	-0.27%
BRX	C	-0.25%
NSA	C	-0.22%
DRH	F	-0.21%
IVT	C	-0.18%
ALEX	C	-0.17%
AIV	C	-0.11%
EPRT	B	-0.11%
IRT	C	-0.11%
UE	C	-0.1%
AKR	B	-0.1%
BNL	C	-0.1%
NNN	B	-0.1%
ROIC	D	-0.09%
PLYM	D	-0.09%
BFS	B	-0.09%
GMRE	D	-0.08%
VNO	F	-0.08%