PPTY vs. REIT ETF Comparison

Comparison of PPTY U.S. Diversified Real Estate ETF (PPTY) to ALPS Active REIT ETF (REIT)

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

$29.95

Average Daily Volume

7,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

5,620

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPTY	REIT
30 Days	6.24%	6.50%
60 Days	1.91%	0.75%
90 Days	2.46%	-0.70%
12 Months	14.16%	8.93%

25 Overlapping Holdings

Symbol	Grade	Weight in PPTY	Weight in REIT	Overlap
AVB	B	4.08%	6.01%	4.08%
BNL	C	0.1%	2.85%	0.1%
BRX	C	0.25%	2.16%	0.25%
COLD	D	1.67%	2.1%	1.67%
CUZ	C	1.35%	2.13%	1.35%
DLR	C	2.85%	3.03%	2.85%
DOC	B	1.3%	1.72%	1.3%
ELS	D	0.7%	2.48%	0.7%
EPRT	A	0.11%	2.56%	0.11%
EQIX	C	3.57%	9.04%	3.57%
EQR	C	3.13%	3.56%	3.13%
ESRT	D	1.33%	1.47%	1.33%
EXR	C	0.61%	2.81%	0.61%
FR	F	0.55%	2.77%	0.55%
INVH	B	0.94%	4.92%	0.94%
KRC	D	2.32%	2.34%	2.32%
LXP	D	0.95%	3.89%	0.95%
O	C	0.1%	3.19%	0.1%
OHI	B	0.6%	2.0%	0.6%
PLD	F	3.4%	3.88%	3.4%
PSA	C	0.82%	5.85%	0.82%
ROIC	D	0.09%	1.49%	0.09%
SPG	C	2.95%	4.95%	2.95%
STAG	D	1.46%	2.91%	1.46%
WELL	B	2.49%	4.22%	2.49%

PPTY Overweight 66 Positions Relative to REIT

Symbol	Grade	Weight
FCPT	C	3.35%
DEA	C	2.86%
AMH	B	2.64%
TRNO	F	2.3%
MAA	C	2.19%
ARE	C	2.17%
UDR	C	2.11%
MAR	D	2.08%
ESS	B	2.08%
HIW	B	1.92%
REG	D	1.76%
HLT	C	1.67%
FRT	C	1.61%
BXP	C	1.6%
AAT	C	1.57%
CPT	C	1.55%
IIPR	B	1.45%
KIM	C	1.28%
VTR	B	1.28%
WPC	C	1.26%
CSR	C	1.25%
EGP	F	1.13%
SKT	D	1.12%
AIRC	A	1.11%
AHH	C	1.09%
KRG	C	0.95%
SUI	D	0.94%
GTY	C	0.85%
SLG	C	0.85%
EQC	C	0.78%
PECO	F	0.76%
H	D	0.76%
DBRG	F	0.67%
HST	D	0.65%
SITC	B	0.61%
ADC	C	0.56%
NTST	C	0.55%
RHP	D	0.5%
NHI	C	0.47%
CHH	F	0.45%
WH	F	0.44%
CTRE	B	0.42%
APLE	F	0.37%
SHO	D	0.35%
DEI	C	0.34%
LTC	A	0.32%
NHC	B	0.31%
SBRA	B	0.3%
CUBE	C	0.29%
CHCT	F	0.28%
JBGS	F	0.27%
UMH	D	0.27%
NSA	C	0.22%
DRH	F	0.21%
IVT	D	0.18%
ALEX	C	0.17%
REXR	F	0.13%
AIV	C	0.11%
IRT	C	0.11%
UE	C	0.1%
AKR	C	0.1%
NNN	B	0.1%
PLYM	F	0.09%
BFS	B	0.09%
GMRE	D	0.08%
VNO	F	0.08%

PPTY Underweight 3 Positions Relative to REIT

Symbol	Grade	Weight
VICI	C	-6.64%
MAC	D	-2.55%
PK	D	-2.25%