KRE vs. NETL ETF Comparison

Comparison of SPDR S&P Regional Banking ETF (KRE) to NETLease Corporate Real Estate ETF (NETL)

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$66.46

Average Daily Volume

14,128,255

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

NETL

NETLease Corporate Real Estate ETF

NETL Description

The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). 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. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.42

Average Daily Volume

6,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KRE	NETL
30 Days	12.56%	-4.49%
60 Days	13.70%	-5.77%
90 Days	19.39%	-1.07%
12 Months	52.25%	17.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in KRE	Weight in NETL	Overlap

KRE Overweight 140 Positions Relative to NETL

Symbol	Grade	Weight
MTB	A	5.01%
HBAN	B	4.87%
RF	A	4.72%
CFG	B	4.57%
TFC	B	4.4%
FHN	B	3.88%
ZION	B	3.08%
WBS	A	2.45%
SNV	B	2.3%
OZK	B	2.28%
WAL	B	2.26%
EWBC	A	2.09%
COLB	B	1.86%
CFR	B	1.86%
SSB	B	1.59%
PNFP	B	1.58%
VLY	B	1.5%
CADE	B	1.48%
AX	B	1.45%
WTFC	B	1.44%
UMBF	B	1.34%
PB	B	1.31%
ONB	B	1.16%
FNB	B	1.15%
CBSH	B	1.14%
BPOP	C	1.1%
ASB	B	1.05%
TBBK	B	0.95%
BANC	B	0.93%
HWC	B	0.89%
FULT	B	0.86%
TCBI	B	0.86%
GBCI	B	0.85%
BKU	A	0.84%
HOMB	B	0.79%
FFIN	B	0.78%
CUBI	C	0.77%
BOH	B	0.75%
FBP	B	0.69%
ABCB	B	0.65%
UBSI	B	0.62%
FIBK	A	0.59%
AUB	B	0.55%
EBC	B	0.55%
PFS	B	0.54%
CVBF	A	0.54%
CBU	B	0.53%
CATY	B	0.52%
INDB	B	0.52%
BOKF	B	0.5%
SFBS	B	0.48%
UCB	A	0.48%
FHB	B	0.47%
IBOC	B	0.47%
WAFD	B	0.45%
RNST	B	0.44%
WSFS	B	0.43%
PPBI	B	0.42%
HTLF	B	0.42%
TFIN	B	0.42%
IBTX	B	0.41%
BANR	B	0.4%
SBCF	B	0.39%
CASH	B	0.38%
NBHC	B	0.36%
SFNC	B	0.34%
TRMK	B	0.33%
FFBC	B	0.33%
HTH	C	0.31%
FRME	B	0.3%
SASR	B	0.3%
OFG	B	0.29%
VBTX	B	0.28%
PRK	B	0.28%
NWBI	B	0.28%
FCF	B	0.28%
HOPE	B	0.27%
BHLB	B	0.26%
EGBN	B	0.25%
NBTB	B	0.25%
WSBC	B	0.24%
TOWN	B	0.24%
LKFN	B	0.24%
BANF	B	0.24%
FBMS	B	0.23%
LOB	C	0.22%
EFSC	B	0.21%
FBK	B	0.21%
CHCO	B	0.2%
PFBC	B	0.2%
FBNC	B	0.2%
WABC	B	0.19%
OCFC	B	0.19%
BRKL	B	0.19%
DCOM	A	0.19%
QCRH	B	0.18%
MCB	B	0.16%
PFC	B	0.16%
STBA	B	0.16%
CPF	B	0.15%
HAFC	B	0.15%
TCBK	B	0.15%
AMAL	B	0.15%
SYBT	B	0.15%
CFFN	B	0.15%
FFWM	C	0.14%
HFWA	B	0.14%
BUSE	B	0.14%
SRCE	B	0.14%
NIC	B	0.13%
PEBO	B	0.13%
CFB	B	0.13%
HTBK	B	0.13%
NFBK	B	0.13%
BY	B	0.13%
OSBC	A	0.13%
CNOB	B	0.12%
IBCP	B	0.12%
TMP	B	0.12%
CCB	A	0.11%
KRNY	B	0.11%
TFSL	B	0.11%
SBSI	B	0.11%
HIFS	B	0.1%
OBK	B	0.1%
WASH	B	0.1%
PGC	A	0.1%
FFIC	B	0.09%
AMTB	B	0.09%
MBWM	B	0.09%
UVSP	B	0.08%
CTBI	B	0.08%
TRST	B	0.08%
HBNC	B	0.07%
THFF	B	0.06%
CAC	B	0.06%
MSBI	B	0.06%
GSBC	B	0.05%
CLBK	C	0.04%
HONE	B	0.04%

KRE Underweight 20 Positions Relative to NETL

Symbol	Grade	Weight
WPC	C	-7.83%
VICI	C	-7.76%
O	D	-7.67%
STAG	D	-7.63%
NNN	C	-7.55%
GOOD	B	-4.66%
ADC	A	-4.3%
EPRT	A	-4.29%
OLP	B	-4.2%
GTY	A	-4.17%
NTST	D	-4.0%
BNL	D	-3.99%
EPR	D	-3.95%
LXP	D	-3.88%
GNL	D	-3.79%
PSTL	D	-3.62%
FCPT	C	-3.58%
IIPR	F	-3.54%
GLPI	C	-3.47%
PINE	D	-1.71%