PSR vs. FPRO ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to Fidelity Real Estate Investment ETF (FPRO)
PSR

PowerShares Active U.S. Real Estate Fund

PSR Description

The PowerShares Active U.S. Real Estate Fund (Fund) structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk. The Fund will invest principally in equity real estate investment trusts (REITs). The Fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$95.21

Average Daily Volume

2,923

Number of Holdings *

29

* may have additional holdings in another (foreign) market
FPRO

Fidelity Real Estate Investment ETF

FPRO Description The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.30

Average Daily Volume

5,897

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period PSR FPRO
30 Days -3.61% -3.78%
60 Days -4.05% -5.86%
90 Days 3.74% 1.93%
12 Months 18.62% 19.52%
14 Overlapping Holdings
Symbol Grade Weight in PSR Weight in FPRO Overlap
AMT D 6.27% 9.56% 6.27%
CCI D 3.24% 2.18% 2.18%
CPT D 0.97% 1.08% 0.97%
CUBE C 3.47% 3.33% 3.33%
DLR A 4.24% 3.31% 3.31%
ELS B 3.1% 0.4% 0.4%
EQIX B 8.8% 7.21% 7.21%
EQR C 4.61% 2.75% 2.75%
INVH D 3.68% 1.57% 1.57%
KIM A 2.66% 3.9% 2.66%
PLD D 3.73% 10.01% 3.73%
PSA C 3.25% 5.89% 3.25%
SBAC D 4.47% 1.17% 1.17%
WELL A 8.85% 5.23% 5.23%
PSR Overweight 15 Positions Relative to FPRO
Symbol Grade Weight
BRX A 4.99%
O D 4.29%
SPG A 3.28%
ADC A 3.03%
DOC D 2.7%
KRC C 2.69%
GLPI D 2.33%
EGP D 2.32%
RYN D 2.25%
ARE D 2.2%
REXR F 2.1%
ESRT D 2.05%
FR D 1.94%
EPRT C 1.47%
RLJ C 1.01%
PSR Underweight 26 Positions Relative to FPRO
Symbol Grade Weight
VTR C -5.69%
CBRE B -4.11%
NNN D -3.78%
UDR C -3.51%
SUI D -2.69%
COLD F -2.21%
AMH C -2.09%
MAA A -2.02%
EXR C -1.92%
CSGP F -1.36%
UE B -1.36%
LAMR D -1.29%
STAG D -1.07%
REG A -0.92%
FCPT C -0.84%
PECO A -0.77%
TRNO D -0.73%
SKT A -0.68%
WY D -0.64%
COMP B -0.55%
RHP B -0.45%
ELME D -0.42%
MAC A -0.34%
AKR B -0.24%
IVT B -0.09%
DRH B -0.02%
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