REIT vs. FPRO ETF Comparison

Comparison of ALPS Active REIT ETF (REIT) to Fidelity Real Estate Investment ETF (FPRO)
REIT

ALPS Active REIT ETF

REIT Description

The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.07

Average Daily Volume

11,261

Number of Holdings *

27

* 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

$23.90

Average Daily Volume

5,625

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period REIT FPRO
30 Days 0.00% -0.38%
60 Days -0.92% -2.17%
90 Days 2.40% 1.66%
12 Months 26.08% 21.86%
14 Overlapping Holdings
Symbol Grade Weight in REIT Weight in FPRO Overlap
AMT D 1.01% 9.56% 1.01%
COLD D 1.75% 2.21% 1.75%
DLR B 3.49% 3.31% 3.31%
ELS C 2.48% 0.4% 0.4%
EQIX A 9.18% 7.21% 7.21%
EQR B 3.44% 2.75% 2.75%
EXR D 3.81% 1.92% 1.92%
INVH D 3.84% 1.57% 1.57%
IVT B 2.23% 0.09% 0.09%
MAC B 2.65% 0.34% 0.34%
PLD D 7.23% 10.01% 7.23%
PSA D 4.78% 5.89% 4.78%
UDR B 3.07% 3.51% 3.07%
WELL A 5.07% 5.23% 5.07%
REIT Overweight 13 Positions Relative to FPRO
Symbol Grade Weight
VICI C 4.82%
SPG B 4.5%
FR C 3.98%
DOC D 3.98%
O D 3.64%
CUZ B 3.05%
AVB B 3.01%
HST C 2.99%
SBRA C 2.76%
EPRT B 2.69%
KRC C 2.27%
IRM D 2.04%
ADC B 1.5%
REIT Underweight 26 Positions Relative to FPRO
Symbol Grade Weight
VTR C -5.69%
CBRE B -4.11%
KIM A -3.9%
NNN D -3.78%
CUBE D -3.33%
SUI D -2.69%
CCI D -2.18%
AMH D -2.09%
MAA B -2.02%
CSGP D -1.36%
UE C -1.36%
LAMR D -1.29%
SBAC D -1.17%
CPT B -1.08%
STAG F -1.07%
REG B -0.92%
FCPT C -0.84%
PECO A -0.77%
TRNO F -0.73%
SKT B -0.68%
WY D -0.64%
COMP B -0.55%
RHP B -0.45%
ELME D -0.42%
AKR B -0.24%
DRH B -0.02%
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