NBGR vs. PPI ETF Comparison

Comparison of Neuberger Berman Global Real Estate ETF (NBGR) to AXS Astoria Inflation Sensitive ETF (PPI)

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

PPI

AXS Astoria Inflation Sensitive ETF

PPI Description

AXS Astoria Inflation Sensitive ETF is an exchange traded fund launched by Investment Managers Series Trust II. The fund is co-managed by AXS Investments LLC, Astoria Portfolio Advisors LLC. It invests in public equity, fixed income and commodity markets of the United States. For its equity portion, it invests in stocks of companies operating across energy, financials, industrials and materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests through other funds in fixed income securities of varying maturities. For its commodity portion, it invests through other funds in commodities. The fund employs fundamental and quantitative analysis with top-down securities picking approach to create its portfolio. The fund employs internal and external research to create its portfolio. AXS Astoria Inflation Sensitive ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$15.72

Average Daily Volume

15,230

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NBGR	PPI
30 Days	-3.53%	2.34%
60 Days	-6.63%	1.68%
90 Days	-3.30%	2.61%
12 Months	14.72%	21.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in NBGR	Weight in PPI	Overlap
	SBAC	D	1.69%	1.2%	1.2%
	SPG	B	3.09%	2.9%	2.9%

NBGR Overweight 31 Positions Relative to PPI

Symbol	Grade	Weight
PLD	D	5.36%
EQIX	A	5.17%
AMT	D	4.44%
AVB	B	3.27%
WELL	A	3.25%
IRM	D	3.1%
PSA	D	2.92%
SUI	D	2.49%
VTR	C	2.28%
INVH	D	1.73%
UDR	B	1.56%
EXR	D	1.5%
KIM	A	1.49%
O	D	1.49%
DLR	B	1.47%
EPRT	B	1.34%
WY	D	1.29%
CCI	D	1.25%
CPT	B	1.23%
GLPI	C	1.19%
KRC	C	1.16%
VICI	C	1.16%
FRT	B	1.11%
OHI	C	1.11%
ELS	C	1.09%
MAC	B	1.02%
REXR	F	0.89%
AMH	D	0.87%
BXP	D	0.78%
HPP	F	0.62%
ROIC	A	0.54%

NBGR Underweight 40 Positions Relative to PPI

Symbol	Grade	Weight
GLDM	C	-4.8%
XHLF	B	-3.98%
CAT	B	-3.96%
XOM	B	-3.95%
COP	C	-2.66%
URI	B	-2.63%
GDX	D	-2.52%
CEG	D	-2.21%
CBRE	B	-2.04%
SCHP	C	-1.99%
TBIL	B	-1.99%
DAL	C	-1.87%
VST	B	-1.83%
EVR	B	-1.61%
COF	B	-1.61%
JEF	A	-1.59%
CF	B	-1.56%
LYB	F	-1.55%
STIP	C	-1.53%
AMP	A	-1.49%
HAL	C	-1.48%
EOG	A	-1.47%
GPK	C	-1.44%
SLB	C	-1.39%
GLTR	C	-1.35%
DVN	F	-1.33%
STLD	B	-1.3%
EME	C	-1.15%
FIX	A	-1.15%
OVV	B	-1.13%
NRG	B	-1.08%
RPM	A	-1.03%
FANG	D	-1.0%
BLDR	D	-1.0%
JLL	D	-0.99%
CSL	C	-0.95%
TXT	D	-0.93%
WMS	D	-0.87%
AES	F	-0.8%
CE	F	-0.56%