PPTY vs. GQRE ETF Comparison

Comparison of PPTY U.S. Diversified Real Estate ETF (PPTY) to FlexShares Global Quality Real Estate Index Fund (GQRE)

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). 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. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$28.63

Average Daily Volume

8,228

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

$53.43

Average Daily Volume

12,481

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPTY	GQRE
30 Days	-4.79%	-5.94%
60 Days	-3.10%	-2.92%
90 Days	-0.87%	-0.60%
12 Months	7.34%	2.69%

45 Overlapping Holdings

Symbol	Grade	Weight in PPTY	Weight in GQRE	Overlap
AIRC	A	1.14%	0.84%	0.84%
AKR	A	0.1%	0.3%	0.1%
AMH	B	2.71%	1.74%	1.74%
APLE	D	0.39%	0.5%	0.39%
AVB	A	4.09%	4.03%	4.03%
BNL	D	0.1%	0.41%	0.1%
BRX	C	0.26%	0.98%	0.26%
CSR	A	1.19%	0.28%	0.28%
CUZ	B	1.35%	0.52%	0.52%
DBRG	D	0.81%	0.43%	0.43%
DLR	C	2.91%	4.88%	2.91%
DRH	C	0.23%	0.29%	0.23%
EGP	F	1.12%	1.04%	1.04%
EPRT	A	0.11%	0.62%	0.11%
EQC	D	0.78%	0.29%	0.29%
EQIX	D	3.51%	1.85%	1.85%
EQR	A	3.14%	3.42%	3.14%
ESRT	D	1.29%	0.25%	0.25%
ESS	A	2.04%	2.35%	2.04%
FR	D	0.55%	0.92%	0.55%
FRT	A	1.66%	0.45%	0.45%
HIW	A	1.87%	0.41%	0.41%
HST	C	0.68%	2.05%	0.68%
IIPR	A	1.39%	0.42%	0.42%
IVT	A	0.19%	0.28%	0.19%
KIM	D	1.27%	1.89%	1.27%
KRC	D	2.31%	0.57%	0.57%
KRG	A	1.0%	0.71%	0.71%
LXP	D	0.94%	0.37%	0.37%
NHI	A	0.46%	0.4%	0.4%
NNN	B	0.1%	1.12%	0.1%
O	A	0.1%	0.19%	0.1%
PECO	D	0.78%	0.6%	0.6%
PLD	F	3.37%	3.35%	3.35%
PSA	D	0.79%	0.56%	0.56%
REG	D	1.79%	1.41%	1.41%
SHO	D	0.36%	0.31%	0.31%
SITC	C	0.62%	0.39%	0.39%
SKT	B	1.19%	0.45%	0.45%
SLG	B	0.85%	0.51%	0.51%
SPG	C	2.96%	5.25%	2.96%
STAG	D	1.48%	0.96%	0.96%
UE	B	0.1%	0.3%	0.1%
VNO	D	0.09%	0.67%	0.09%
WELL	A	2.43%	0.61%	0.61%

PPTY Overweight 46 Positions Relative to GQRE

Symbol	Grade	Weight
FCPT	C	3.3%
DEA	B	2.87%
TRNO	D	2.35%
ARE	D	2.18%
MAR	C	2.18%
UDR	A	2.12%
MAA	B	2.11%
HLT	C	1.71%
COLD	F	1.63%
BXP	C	1.63%
AAT	A	1.55%
CPT	A	1.48%
DOC	A	1.26%
WPC	D	1.25%
VTR	A	1.2%
AHH	B	1.02%
SUI	D	0.98%
INVH	B	0.97%
GTY	B	0.85%
H	C	0.79%
ELS	F	0.7%
OHI	B	0.62%
EXR	C	0.57%
ADC	B	0.56%
NTST	D	0.54%
RHP	D	0.52%
WH	D	0.48%
CHH	D	0.47%
CTRE	A	0.42%
DEI	A	0.33%
CHCT	C	0.31%
LTC	A	0.31%
NHC	C	0.3%
SBRA	B	0.29%
CUBE	D	0.29%
UMH	B	0.28%
JBGS	D	0.28%
NSA	D	0.22%
ALEX	C	0.17%
REXR	F	0.13%
IRT	A	0.11%
AIV	A	0.11%
ROIC	D	0.09%
BFS	C	0.09%
PLYM	D	0.09%
GMRE	F	0.08%

PPTY Underweight 13 Positions Relative to GQRE

Symbol	Grade	Weight
WY	D	-3.48%
IRM	B	-3.37%
AMT	D	-2.24%
LAMR	B	-1.49%
PK	C	-0.53%
PCH	F	-0.5%
EPR	D	-0.46%
CCI	D	-0.32%
JOE	A	-0.31%
RLJ	C	-0.28%
PEB	D	-0.28%
PDM	A	-0.25%
HPP	F	-0.2%