PSR vs. REAI ETF Comparison

Comparison of PowerShares Active U.S. Real Estate Fund (PSR) to Intelligent Real Estate ETF (REAI)

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

$96.74

Average Daily Volume

3,328

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REAI

Intelligent Real Estate ETF

REAI Description

REAI aims to remove the restrictions of investing in non-traded REITs, such as low liquidity, high expenses, and gate provisions. However, there are differences between listed REITs and non-traded REITs, most notable are dividend distribution, capital formation, and how each invests. REAI actively manages a portfolio of 20-50 publicly traded REITs while aiming to provide similar risk and returns of non-traded REITs. Dividend distributions may be lower than those from non-traded REITs. However, the use of listed REITs may provide more safeguards to end investors. Utilizing a research-based investment approach, the funds assets will be allocated to resemble the geographic and thematic exposure of real estate private equity. Security selection and rebalancing decisions involve bottom-up analysis based on corporate profitability, balance sheet, and portfolio and property-level analytics. Up to 10% of the funds assets may be invested in mortgage-backed securities. Prior to Jan. 29, 2024, the fund was called Private Real Estate Strategy via Liquid REITs ETF with the ticker PRVT.

Grade (RS Rating)

Last Trade

$22.09

Average Daily Volume

273

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSR	REAI
30 Days	-0.38%	-2.15%
60 Days	-1.34%	-2.40%
90 Days	1.75%	0.37%
12 Months	20.21%	27.07%

16 Overlapping Holdings

Symbol	Grade	Weight in PSR	Weight in REAI	Overlap
AMT	C	6.27%	1.44%	1.44%
BRX	A	4.98%	1.71%	1.71%
CCI	C	3.23%	1.51%	1.51%
CPT	B	0.97%	1.63%	0.97%
CUBE	C	3.52%	1.55%	1.55%
DOC	C	2.48%	1.58%	1.58%
EGP	D	2.3%	1.55%	1.55%
ELS	C	3.14%	1.7%	1.7%
EQIX	A	8.78%	1.68%	1.68%
ESRT	C	1.99%	1.55%	1.55%
FR	D	1.93%	1.56%	1.56%
GLPI	C	2.32%	1.55%	1.55%
INVH	D	3.76%	1.6%	1.6%
KRC	B	2.51%	1.65%	1.65%
PSA	C	3.27%	1.56%	1.56%
SPG	A	3.35%	1.68%	1.68%

PSR Overweight 13 Positions Relative to REAI

Symbol	Grade	Weight
WELL	A	8.81%
EQR	C	4.75%
SBAC	D	4.55%
DLR	B	4.33%
O	C	4.3%
PLD	F	3.73%
ADC	A	3.14%
KIM	A	2.69%
RYN	D	2.13%
REXR	F	2.09%
ARE	F	2.02%
EPRT	B	1.52%
RLJ	C	1.02%

PSR Underweight 44 Positions Relative to REAI

Symbol	Grade	Weight
CHCT	C	-1.83%
SLG	B	-1.8%
UE	B	-1.75%
LTC	B	-1.73%
CBL	B	-1.72%
ESS	B	-1.71%
NXRT	B	-1.71%
SKT	A	-1.7%
MAC	B	-1.7%
DEI	B	-1.69%
GOOD	B	-1.68%
OLP	B	-1.68%
APLE	B	-1.65%
AAT	B	-1.65%
MAA	B	-1.65%
DRH	B	-1.64%
SBRA	C	-1.64%
VTR	B	-1.64%
FRT	B	-1.64%
UDR	B	-1.64%
XHR	B	-1.62%
RHP	B	-1.62%
AHH	D	-1.62%
OHI	C	-1.61%
NHI	D	-1.59%
UHT	D	-1.58%
BFS	C	-1.58%
HST	C	-1.58%
STAG	D	-1.57%
PDM	D	-1.57%
CDP	C	-1.56%
BXP	C	-1.55%
LAMR	C	-1.54%
SUI	C	-1.54%
HIW	C	-1.53%
ALX	D	-1.53%
IRM	C	-1.51%
EPR	C	-1.49%
BDN	C	-1.47%
PLYM	F	-1.43%
NNN	C	-1.42%
IIPR	D	-1.28%
OPI	F	-0.99%
SVC	F	-0.96%