PSR vs. JRE ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to Janus Henderson U.S. Real Estate ETF (JRE)

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

$82.68

Average Daily Volume

4,207

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$21.14

Average Daily Volume

944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSR	JRE
30 Days	-3.30%	-3.15%
60 Days	-6.46%	-5.59%
90 Days	-3.06%	-2.52%
12 Months	-1.03%	-3.53%

8 Overlapping Holdings

Symbol	Grade	Weight in PSR	Weight in JRE	Overlap
AVB	A	4.85%	5.84%	4.85%
EQIX	F	8.78%	9.81%	8.78%
EXR	C	4.83%	6.08%	4.83%
KIM	C	4.96%	3.64%	3.64%
KRC	D	1.63%	3.71%	1.63%
PLD	D	6.78%	7.05%	6.78%
SBAC	F	1.22%	3.23%	1.22%
WELL	A	3.71%	8.33%	3.71%

PSR Overweight 17 Positions Relative to JRE

Symbol	Grade	Weight
CCI	D	7.62%
DOC	B	5.0%
O	B	4.86%
AMT	D	4.82%
SPG	D	4.77%
PSA	D	4.68%
REXR	D	4.4%
PCH	D	4.39%
ARE	D	3.25%
MAA	B	3.08%
LAMR	B	3.01%
RLJ	D	2.95%
HST	D	2.91%
DLR	C	2.69%
GLPI	F	1.91%
EQR	A	1.86%
OHI	B	1.04%

PSR Underweight 12 Positions Relative to JRE

Symbol	Grade	Weight
CUBE	D	-5.43%
SBRA	C	-4.92%
UDR	B	-4.55%
NNN	A	-4.22%
STAG	D	-3.98%
FR	D	-3.52%
AMH	C	-3.49%
COLD	F	-3.38%
ADC	B	-3.27%
WH	D	-2.49%
CBRE	D	-2.2%
MAC	D	-1.58%