IQRA vs. GQRE ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA) to FlexShares Global Quality Real Estate Index Fund (GQRE)

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.36

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.83

Average Daily Volume

18,015

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQRA	GQRE
30 Days	-0.76%	-0.18%
60 Days	-2.13%	-2.28%
90 Days	1.59%	1.56%
12 Months	21.02%	22.76%

15 Overlapping Holdings

Symbol	Grade	Weight in IQRA	Weight in GQRE	Overlap
ADC	B	1.03%	1.02%	1.02%
AMT	D	2.01%	2.37%	2.01%
CUBE	D	1.31%	1.45%	1.31%
DLR	B	1.21%	5.76%	1.21%
EQIX	A	3.71%	1.74%	1.74%
ESRT	C	0.88%	0.26%	0.26%
HST	C	1.5%	1.66%	1.5%
IRM	D	0.91%	0.69%	0.69%
O	D	3.8%	0.41%	0.41%
PSA	D	0.51%	0.64%	0.51%
REG	B	1.32%	1.59%	1.32%
SPG	B	5.27%	5.85%	5.27%
UE	C	1.02%	0.38%	0.38%
VICI	C	0.67%	2.46%	0.67%
WELL	A	2.07%	1.42%	1.42%

IQRA Overweight 32 Positions Relative to GQRE

Symbol	Grade	Weight
TRGP	B	3.45%
WEC	A	2.67%
CSX	B	2.65%
SUI	D	2.14%
NEE	D	2.13%
PPL	B	1.61%
PCG	A	1.56%
ATO	A	1.03%
EXR	D	1.01%
COLD	D	1.01%
PAGP	A	0.95%
CMS	C	0.93%
XEL	A	0.93%
WTRG	B	0.85%
REXR	F	0.84%
OGE	B	0.83%
CNI	D	0.8%
SRE	A	0.78%
DTE	C	0.77%
EVRG	A	0.76%
NSC	B	0.73%
INVH	D	0.73%
AES	F	0.71%
CNP	B	0.69%
CPK	A	0.65%
BRX	A	0.63%
AEE	A	0.53%
CEG	D	0.47%
FCPT	C	0.43%
ALE	A	0.41%
KMI	A	0.36%
POR	C	0.33%

IQRA Underweight 48 Positions Relative to GQRE

Symbol	Grade	Weight
AVB	B	-4.37%
EQR	B	-3.36%
PLD	D	-2.99%
ESS	B	-2.62%
KIM	A	-2.25%
UDR	B	-1.88%
CPT	B	-1.73%
AMH	D	-1.67%
LAMR	D	-1.5%
NNN	D	-1.04%
FR	C	-0.94%
VNO	B	-0.91%
STAG	F	-0.89%
KRG	B	-0.8%
EPRT	B	-0.77%
SLG	B	-0.66%
CUZ	B	-0.64%
IRT	A	-0.63%
KRC	C	-0.6%
SBRA	C	-0.57%
SKT	B	-0.52%
APLE	B	-0.47%
HIW	D	-0.46%
EPR	D	-0.45%
NHI	D	-0.45%
WY	D	-0.43%
BNL	D	-0.43%
PK	B	-0.42%
HASI	D	-0.42%
IIPR	D	-0.4%
NSA	D	-0.4%
AKR	B	-0.35%
IVT	B	-0.3%
EQC	B	-0.29%
LTC	B	-0.28%
SHO	C	-0.28%
XHR	B	-0.28%
DBRG	F	-0.28%
AAT	B	-0.26%
ALEX	C	-0.26%
DRH	B	-0.26%
PDM	D	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
RLJ	C	-0.24%
NXRT	B	-0.24%
CCI	D	-0.19%
HPP	F	-0.16%