INDS vs. REIT ETF Comparison

Comparison of Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) to ALPS Active REIT ETF (REIT)

INDS

Pacer Benchmark Industrial Real Estate SCTR ETF

INDS Description

The investment seeks to track the total return performance, before fees and expenses, of the Benchmark Industrial Real Estate SCTR¿ Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index was developed by Benchmark Investments, LLC, the index provider (the "index provider"), and measures the performance of the industrial real estate sector of the U.S. equity market, which includes warehouse and self-storage real estate sub-sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.53

Average Daily Volume

25,650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.37

Average Daily Volume

5,202

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INDS	REIT
30 Days	-6.34%	-3.04%
60 Days	-6.56%	-5.81%
90 Days	-7.43%	-4.41%
12 Months	-5.74%	3.56%

6 Overlapping Holdings

Symbol	Grade	Weight in INDS	Weight in REIT	Overlap
EXR	C	4.5%	2.64%	2.64%
FR	D	4.12%	2.79%	2.79%
LXP	D	1.68%	3.95%	1.68%
PLD	D	12.9%	3.91%	3.91%
PSA	D	14.88%	5.64%	5.64%
STAG	D	4.28%	2.95%	2.95%

INDS Overweight 6 Positions Relative to REIT

Symbol	Grade	Weight
WPC	B	4.92%
CUBE	C	4.6%
EGP	F	4.35%
REXR	D	4.1%
TRNO	F	3.19%
NSA	C	1.69%

INDS Underweight 22 Positions Relative to REIT

Symbol	Grade	Weight
EQIX	F	-8.78%
VICI	C	-6.62%
AVB	A	-6.1%
INVH	B	-5.12%
SPG	D	-4.94%
WELL	A	-4.22%
EQR	A	-3.61%
O	A	-3.28%
DLR	C	-3.19%
BNL	B	-2.76%
EPRT	A	-2.55%
ELS	D	-2.53%
MAC	D	-2.53%
PK	D	-2.43%
KRC	C	-2.31%
BRX	B	-2.21%
OHI	B	-2.11%
HIW	A	-2.09%
COLD	F	-2.04%
DOC	A	-1.71%
ROIC	D	-1.53%
ESRT	C	-1.46%