NBGR vs. IQRA ETF Comparison

Comparison of Neuberger Berman Global Real Estate ETF (NBGR) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

NBGR

Neuberger Berman Global Real Estate ETF

NBGR Description

The fund normally invests at least 80% of its net assets in U.S. and non-U.S. equity securities issued by real estate investment trusts and common stocks and other securities issued by other real estate companies, including rights and warrants, and convertible and preferred securities. It defines a real estate company as one that derives at least 50% of its revenue or profits from real estate or has at least 50% of its assets invested in real estate.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

1,127

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$27.23

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBGR	IQRA
30 Days	-3.53%	-1.13%
60 Days	-6.63%	-1.86%
90 Days	-3.30%	1.11%
12 Months	14.72%	20.45%

13 Overlapping Holdings

Symbol	Grade	Weight in NBGR	Weight in IQRA	Overlap
AMT	C	4.44%	2.01%	2.01%
DLR	B	1.47%	1.21%	1.21%
EQIX	A	5.17%	3.71%	3.71%
EXR	C	1.5%	1.01%	1.01%
INVH	D	1.73%	0.73%	0.73%
IRM	C	3.1%	0.91%	0.91%
O	C	1.49%	3.8%	1.49%
PSA	C	2.92%	0.51%	0.51%
REXR	F	0.89%	0.84%	0.84%
SPG	A	3.09%	5.27%	3.09%
SUI	C	2.49%	2.14%	2.14%
VICI	C	1.16%	0.67%	0.67%
WELL	A	3.25%	2.07%	2.07%

NBGR Overweight 20 Positions Relative to IQRA

Symbol	Grade	Weight
PLD	F	5.36%
AVB	B	3.27%
VTR	B	2.28%
SBAC	D	1.69%
UDR	B	1.56%
KIM	A	1.49%
EPRT	B	1.34%
WY	F	1.29%
CCI	C	1.25%
CPT	B	1.23%
GLPI	C	1.19%
KRC	B	1.16%
FRT	B	1.11%
OHI	C	1.11%
ELS	C	1.09%
MAC	B	1.02%
AMH	C	0.87%
BXP	C	0.78%
HPP	F	0.62%
ROIC	A	0.54%

NBGR Underweight 34 Positions Relative to IQRA

Symbol	Grade	Weight
TRGP	A	-3.45%
WEC	A	-2.67%
CSX	C	-2.65%
NEE	C	-2.13%
PPL	A	-1.61%
PCG	A	-1.56%
HST	C	-1.5%
REG	A	-1.32%
CUBE	C	-1.31%
ATO	A	-1.03%
ADC	A	-1.03%
UE	B	-1.02%
COLD	D	-1.01%
PAGP	A	-0.95%
CMS	C	-0.93%
XEL	A	-0.93%
ESRT	C	-0.88%
WTRG	B	-0.85%
OGE	A	-0.83%
CNI	F	-0.8%
SRE	A	-0.78%
DTE	C	-0.77%
EVRG	A	-0.76%
NSC	B	-0.73%
AES	F	-0.71%
CNP	A	-0.69%
CPK	A	-0.65%
BRX	A	-0.63%
AEE	A	-0.53%
CEG	C	-0.47%
FCPT	C	-0.43%
ALE	A	-0.41%
KMI	A	-0.36%
POR	C	-0.33%