PPTY vs. QLV ETF Comparison

Comparison of PPTY U.S. Diversified Real Estate ETF (PPTY) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

$33.78

Average Daily Volume

31,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will 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 the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$66.10

Average Daily Volume

3,350

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	PPTY	QLV
30 Days	0.75%	2.06%
60 Days	8.11%	8.22%
90 Days	12.67%	5.34%
12 Months	32.97%	30.89%

4 Overlapping Holdings

Symbol	Grade	Weight in PPTY	Weight in QLV	Overlap
ADC	C	0.75%	0.51%	0.51%
DLR	C	3.53%	0.6%	0.6%
EQIX	C	4.22%	0.61%	0.61%
PSA	C	0.91%	0.9%	0.9%

PPTY Overweight 86 Positions Relative to QLV

Symbol	Grade	Weight
AVB	C	4.0%
ARE	D	3.9%
PLD	D	3.8%
FCPT	C	3.5%
EQR	C	2.91%
SPG	A	2.66%
DEA	D	2.62%
WELL	C	2.56%
HIW	C	2.43%
AMH	D	2.36%
TRNO	D	2.21%
UDR	C	2.08%
MAR	A	1.96%
ESS	D	1.94%
MAA	D	1.88%
COLD	D	1.84%
REG	C	1.68%
IRT	D	1.67%
STAG	D	1.64%
HLT	A	1.63%
CPT	C	1.5%
FRT	D	1.49%
CUZ	C	1.46%
IIPR	C	1.43%
AAT	C	1.41%
EGP	D	1.39%
VTR	C	1.35%
KIM	C	1.34%
ESRT	C	1.31%
WPC	C	1.22%
AKR	B	1.17%
SLG	C	1.16%
SUI	D	1.01%
FR	D	1.01%
SKT	A	1.0%
EQC	D	0.98%
BXP	B	0.91%
INVH	D	0.86%
PECO	C	0.77%
KRG	C	0.77%
GTY	C	0.76%
DOC	C	0.76%
ELS	D	0.74%
OHI	C	0.72%
H	B	0.65%
EXR	D	0.65%
HST	D	0.63%
O	C	0.55%
DEI	A	0.53%
RHP	B	0.51%
WH	C	0.45%
SBRA	C	0.44%
DBRG	D	0.44%
CHH	A	0.44%
CTRE	C	0.43%
NHI	C	0.43%
NTST	F	0.41%
APLE	B	0.38%
CSR	D	0.35%
SHO	B	0.34%
IVT	B	0.33%
LTC	D	0.33%
NHC	D	0.3%
CUBE	C	0.3%
UMH	D	0.28%
NSA	D	0.26%
AHH	F	0.25%
ALEX	D	0.19%
ROIC	C	0.17%
CHCT	F	0.16%
VNO	B	0.12%
BNL	C	0.11%
AIV	D	0.1%
NNN	C	0.1%
BFS	C	0.1%
XHR	A	0.1%
REXR	D	0.1%
JBGS	C	0.1%
DRH	B	0.1%
UE	C	0.1%
KRC	C	0.1%
EPRT	C	0.1%
BRX	C	0.1%
PLYM	D	0.09%
LXP	D	0.09%
GMRE	C	0.09%

PPTY Underweight 110 Positions Relative to QLV

Symbol	Grade	Weight
MSFT	D	-8.0%
AAPL	C	-5.16%
NVDA	B	-4.72%
PG	D	-3.31%
LLY	D	-2.8%
MRK	F	-2.65%
AMZN	C	-2.28%
MCD	A	-2.02%
V	B	-2.0%
IBM	A	-1.9%
JNJ	D	-1.8%
VZ	C	-1.74%
PEP	F	-1.58%
T	B	-1.43%
META	A	-1.26%
LMT	A	-1.15%
ABBV	C	-1.1%
XOM	A	-1.08%
GILD	A	-1.01%
TMUS	A	-0.98%
ABT	C	-0.91%
DUK	C	-0.91%
CME	A	-0.9%
TXN	C	-0.89%
ADP	A	-0.85%
ED	C	-0.84%
GIS	C	-0.83%
GOOGL	B	-0.82%
WEC	B	-0.82%
WTW	C	-0.81%
RGLD	C	-0.81%
ATR	A	-0.81%
CHE	D	-0.8%
CHKP	A	-0.8%
AMGN	D	-0.79%
DOX	B	-0.78%
AIZ	B	-0.78%
TYL	D	-0.77%
K	B	-0.77%
QLYS	F	-0.76%
LSTR	F	-0.74%
WDFC	B	-0.74%
CB	A	-0.73%
QGEN	F	-0.72%
STNG	B	-0.72%
SMMT	D	-0.72%
AVY	D	-0.71%
SO	A	-0.7%
REGN	D	-0.63%
GD	C	-0.63%
WM	B	-0.63%
NOC	B	-0.63%
TRV	B	-0.61%
ALL	A	-0.6%
CTVA	A	-0.59%
ZM	B	-0.59%
BRK.A	B	-0.58%
AZO	D	-0.58%
XEL	C	-0.58%
GOOG	B	-0.57%
RSG	D	-0.56%
PKG	B	-0.56%
AEP	C	-0.56%
WCN	D	-0.56%
AEE	A	-0.55%
CMS	A	-0.55%
JKHY	A	-0.54%
CINF	A	-0.54%
SON	D	-0.53%
TTEK	A	-0.53%
DTM	A	-0.52%
TSCO	A	-0.52%
BAH	C	-0.52%
SIGI	D	-0.51%
WRB	C	-0.51%
PNW	C	-0.51%
HSY	D	-0.5%
FLO	D	-0.5%
SCI	D	-0.5%
MKL	B	-0.5%
CALM	A	-0.5%
CTRA	D	-0.49%
HII	F	-0.49%
CHRW	C	-0.48%
HRL	F	-0.42%
AVGO	B	-0.42%
NBIX	F	-0.41%
BMRN	F	-0.39%
VRSK	D	-0.37%
NFG	A	-0.36%
CRUS	D	-0.32%
SLGN	B	-0.32%
DDS	D	-0.28%
BMI	A	-0.27%
MCK	F	-0.27%
SQSP	A	-0.24%
LIN	C	-0.2%
PM	D	-0.2%
EA	D	-0.2%
JPM	C	-0.19%
ALKS	B	-0.18%
ADI	B	-0.17%
CAG	D	-0.16%
ROP	D	-0.13%
NCNO	F	-0.1%
L	C	-0.1%
CWAN	B	-0.08%
UNH	B	-0.07%
MMC	D	-0.05%
EXPD	D	-0.03%