PPTY vs. SRS ETF Comparison

Comparison of PPTY U.S. Diversified Real Estate ETF (PPTY) to ProShares UltraShort Real Estate (SRS)

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

$34.08

Average Daily Volume

47,858

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.72

Average Daily Volume

14,715

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPTY	SRS
30 Days	0.24%	1.06%
60 Days	0.01%	4.22%
90 Days	3.80%	-2.87%
12 Months	30.04%	-33.05%

50 Overlapping Holdings

Symbol	Grade	Weight in PPTY	Weight in SRS	Overlap
AIV	C	0.09%	0.61%	0.09%
AMH	D	2.31%	0.54%	0.54%
APLE	B	0.41%	0.26%	0.26%
ARE	D	3.37%	1.46%	1.46%
AVB	B	4.09%	2.35%	2.35%
BRX	A	0.11%	0.48%	0.11%
BXP	D	0.92%	1.56%	0.92%
COLD	D	1.5%	0.53%	0.53%
CPT	B	1.48%	0.83%	0.83%
CUBE	D	0.28%	0.47%	0.28%
CUZ	B	1.57%	0.48%	0.48%
DEI	B	0.59%	0.54%	0.54%
DLR	B	4.14%	2.02%	2.02%
DOC	D	0.74%	1.4%	0.74%
EGP	F	1.3%	0.41%	0.41%
ELS	C	0.74%	1.0%	0.74%
EQIX	A	4.48%	3.91%	3.91%
EQR	B	2.94%	2.24%	2.24%
ESS	B	2.02%	1.59%	1.59%
EXR	D	0.61%	1.13%	0.61%
FR	C	0.98%	0.42%	0.42%
FRT	B	1.51%	0.71%	0.71%
HIW	D	2.39%	0.41%	0.41%
HST	C	0.62%	1.0%	0.62%
INVH	D	0.84%	1.28%	0.84%
JBGS	D	0.09%	0.37%	0.09%
KIM	A	1.48%	0.67%	0.67%
KRC	C	0.1%	0.63%	0.1%
LXP	D	0.08%	0.21%	0.08%
MAA	B	1.89%	1.19%	1.19%
NHI	D	0.41%	0.29%	0.29%
NNN	D	0.09%	0.74%	0.09%
O	D	0.52%	1.94%	0.52%
OHI	C	0.72%	0.74%	0.72%
PLD	D	3.57%	4.64%	3.57%
PSA	D	0.86%	2.58%	0.86%
REG	B	1.78%	0.82%	0.82%
REXR	F	0.08%	0.41%	0.08%
RHP	B	0.53%	0.37%	0.37%
SBRA	C	0.44%	0.33%	0.33%
SHO	C	0.33%	0.24%	0.24%
SLG	B	1.33%	0.58%	0.58%
SPG	B	2.93%	3.53%	2.93%
SUI	D	0.95%	1.12%	0.95%
UDR	B	2.08%	1.08%	1.08%
VNO	B	0.14%	0.83%	0.14%
VTR	C	1.37%	1.71%	1.37%
WELL	A	2.8%	2.73%	2.73%
WPC	D	1.14%	1.12%	1.12%
XHR	B	0.1%	0.18%	0.1%

PPTY Overweight 41 Positions Relative to SRS

Symbol	Grade	Weight
FCPT	C	3.53%
DEA	D	2.42%
MAR	B	2.31%
TRNO	F	2.02%
HLT	A	1.84%
IRT	A	1.77%
CDP	C	1.74%
STAG	F	1.55%
AAT	B	1.48%
AKR	B	1.3%
ESRT	C	1.3%
SKT	B	1.16%
IIPR	D	1.16%
KRG	B	0.81%
PECO	A	0.81%
ADC	B	0.8%
GTY	B	0.8%
H	B	0.67%
WH	B	0.55%
CHH	A	0.51%
CTRE	D	0.44%
NTST	D	0.41%
DBRG	F	0.38%
CSR	B	0.36%
IVT	B	0.36%
LTC	B	0.35%
NHC	C	0.31%
UMH	C	0.28%
NSA	D	0.25%
AHH	D	0.24%
ALEX	C	0.19%
ROIC	A	0.19%
CHCT	C	0.17%
EPRT	B	0.11%
UE	C	0.11%
BFS	C	0.1%
BNL	D	0.1%
DRH	B	0.1%
ELME	D	0.09%
GMRE	F	0.08%
PLYM	F	0.07%

PPTY Underweight 37 Positions Relative to SRS

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	D	-4.7%
SBAC	D	-2.21%
CSGP	D	-1.85%
WY	D	-1.8%
CBRE	B	-1.59%
NLY	C	-1.08%
MPW	F	-0.9%
AGNC	D	-0.77%
VICI	C	-0.76%
GLPI	C	-0.72%
IRM	D	-0.7%
JLL	D	-0.69%
LAMR	D	-0.62%
STWD	C	-0.56%
PK	B	-0.46%
HPP	F	-0.45%
EPR	D	-0.44%
HHH	B	-0.42%
BXMT	C	-0.39%
HR	C	-0.36%
TWO	D	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
SVC	F	-0.31%
EQC	B	-0.31%
DSS	F	-0.28%
MFA	D	-0.28%
PEB	D	-0.26%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	D	-0.23%
BDN	C	-0.22%
PGRE	F	-0.22%
MAC	B	-0.22%
IVR	F	-0.19%