JRE vs. CRUZ ETF Comparison

Comparison of Janus Henderson U.S. Real Estate ETF (JRE) to Defiance Hotel, Airline, and Cruise ETF (CRUZ)

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$20.92

Average Daily Volume

944

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

CRUZ

Defiance Hotel, Airline, and Cruise ETF

CRUZ Description

The investment seeks to track the total return performance, before fees and expenses, of the BlueStar Global Hotels, Airlines, and Cruises Index (the “index”). The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries (“Travel Companies”) as determined by MV Index Solutions. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.84

Average Daily Volume

11,612

Number of Holdings ^*

29

* may have additional holdings in another (foreign) market

Performance

Period	JRE	CRUZ
30 Days	-4.16%	-1.91%
60 Days	-6.10%	0.61%
90 Days	-4.42%	2.15%
12 Months	-2.48%	21.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in JRE	Weight in CRUZ	Overlap
	WH	D	2.49%	1.44%	1.44%

JRE Overweight 19 Positions Relative to CRUZ

	Symbol	Grade	Weight
	EQIX	F	9.81%
	WELL	A	8.33%
	PLD	D	7.05%
	EXR	C	6.08%
	AVB	A	5.84%
	CUBE	D	5.43%
	SBRA	B	4.92%
	UDR	B	4.55%
	NNN	A	4.22%
	STAG	D	3.98%
	KRC	D	3.71%
	KIM	C	3.64%
	FR	D	3.52%
	AMH	D	3.49%
	COLD	F	3.38%
	ADC	B	3.27%
	SBAC	F	3.23%
	CBRE	D	2.2%
	MAC	D	1.58%

JRE Underweight 28 Positions Relative to CRUZ

	Symbol	Grade	Weight
	HLT	D	-7.93%
	MAR	D	-7.75%
	DAL	A	-7.74%
	RCL	A	-7.32%
	CCL	F	-5.27%
	UAL	B	-3.73%
	IHG	D	-3.27%
	LUV	F	-2.8%
	HST	D	-2.5%
	NCLH	F	-2.44%
	AAL	F	-2.33%
	HTHT	B	-2.18%
	RHP	D	-1.49%
	ALK	B	-1.44%
	H	C	-1.19%
	CHH	D	-1.18%
	PK	D	-0.86%
	SKYW	A	-0.8%
	APLE	F	-0.72%
	CPA	C	-0.68%
	JBLU	D	-0.58%
	SHO	D	-0.56%
	RLJ	D	-0.53%
	DRH	D	-0.49%
	PEB	F	-0.4%
	SVC	F	-0.38%
	ALGT	F	-0.33%
	SAVE	F	-0.25%

JRE: Top Represented Industries & Keywords

Industries: REIT - Industrial REIT - Retail REIT - Residential REIT - Healthcare Facilities Lodging REIT - Diversified REIT - Office Real Estate Services Telecom Services

Keywords: Real Estate Investment Trust S&P 500 Real Estate Market Retail Properties Property Management Construction Management Equity Global Management Equity Real Estate Investment Trust Kimco Realty Property Management Services Real Estate Properties Assisted Living Building Engineering Caregiving Cbre Group Cement Services Center Services Colocation Colocation Services Communications Sites

CRUZ: Top Represented Industries & Keywords

Industries: Airlines REIT - Hotel & Motel Lodging Leisure

Keywords: S&P 500 Aviation Hospitality Industry Real Estate Investment Trust Airline Hotel Opentravel Alliance Air Transportation Hotel Chains Tourism Travel Air Transportation Services Cruise Lines Franchising Hawaii Low Cost Carriers Marriott International Real Estate Market Airbus A320 Family Airport