PSR vs. GQRE ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to FlexShares Global Quality Real Estate Index Fund (GQRE)

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

$96.65

Average Daily Volume

3,217

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

$60.69

Average Daily Volume

18,376

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSR	GQRE
30 Days	-0.47%	-0.90%
60 Days	-1.43%	-2.21%
90 Days	1.66%	0.78%
12 Months	20.10%	21.81%

19 Overlapping Holdings

Symbol	Grade	Weight in PSR	Weight in GQRE	Overlap
ADC	A	3.14%	1.02%	1.02%
AMT	C	6.27%	2.37%	2.37%
CCI	C	3.23%	0.19%	0.19%
CPT	B	0.97%	1.73%	0.97%
CUBE	C	3.52%	1.45%	1.45%
DLR	B	4.33%	5.76%	4.33%
EPRT	B	1.52%	0.77%	0.77%
EQIX	A	8.78%	1.74%	1.74%
EQR	C	4.75%	3.36%	3.36%
ESRT	C	1.99%	0.26%	0.26%
FR	D	1.93%	0.94%	0.94%
KIM	A	2.69%	2.25%	2.25%
KRC	B	2.51%	0.6%	0.6%
O	C	4.3%	0.41%	0.41%
PLD	F	3.73%	2.99%	2.99%
PSA	C	3.27%	0.64%	0.64%
RLJ	C	1.02%	0.24%	0.24%
SPG	A	3.35%	5.85%	3.35%
WELL	A	8.81%	1.42%	1.42%

PSR Overweight 10 Positions Relative to GQRE

Symbol	Grade	Weight
BRX	A	4.98%
SBAC	D	4.55%
INVH	D	3.76%
ELS	C	3.14%
DOC	C	2.48%
GLPI	C	2.32%
EGP	D	2.3%
RYN	D	2.13%
REXR	F	2.09%
ARE	F	2.02%

PSR Underweight 44 Positions Relative to GQRE

Symbol	Grade	Weight
AVB	B	-4.37%
ESS	B	-2.62%
VICI	C	-2.46%
UDR	B	-1.88%
AMH	C	-1.67%
HST	C	-1.66%
REG	A	-1.59%
LAMR	C	-1.5%
NNN	C	-1.04%
VNO	C	-0.91%
STAG	D	-0.89%
KRG	B	-0.8%
IRM	C	-0.69%
SLG	B	-0.66%
CUZ	B	-0.64%
IRT	A	-0.63%
SBRA	C	-0.57%
SKT	A	-0.52%
APLE	B	-0.47%
HIW	C	-0.46%
EPR	C	-0.45%
NHI	D	-0.45%
WY	F	-0.43%
BNL	C	-0.43%
PK	C	-0.42%
HASI	D	-0.42%
IIPR	D	-0.4%
NSA	C	-0.4%
UE	B	-0.38%
AKR	B	-0.35%
IVT	A	-0.3%
EQC	B	-0.29%
LTC	B	-0.28%
SHO	D	-0.28%
XHR	B	-0.28%
DBRG	F	-0.28%
AAT	B	-0.26%
ALEX	B	-0.26%
DRH	B	-0.26%
PDM	D	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
NXRT	B	-0.24%
HPP	F	-0.16%