REK vs. ICF ETF Comparison

Comparison of ProShares Short Real Estate (REK) to iShares Cohen & Steers REIT ETF (ICF)

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.57

Average Daily Volume

10,551

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICF

iShares Cohen & Steers REIT ETF

ICF Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index consists of selected real estate investment trusts ("REITs"). The objective of the underlying index is to represent relatively large and liquid REITs that may benefit from future consolidation and securitization of the U.S. real estate industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.84

Average Daily Volume

147,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REK	ICF
30 Days	0.78%	-0.49%
60 Days	2.27%	-1.74%
90 Days	0.37%	1.49%
12 Months	-14.63%	24.69%

30 Overlapping Holdings

Symbol	Grade	Weight in REK	Weight in ICF	Overlap
AMH	C	0.54%	1.54%	0.54%
AMT	C	8.05%	6.52%	6.52%
ARE	F	1.46%	2.02%	1.46%
AVB	B	2.35%	3.57%	2.35%
BXP	C	1.56%	1.55%	1.55%
CCI	C	4.7%	4.39%	4.39%
DLR	B	2.02%	4.95%	2.02%
ELS	C	1.0%	1.67%	1.0%
EQIX	A	3.91%	8.37%	3.91%
EQR	C	2.24%	2.85%	2.24%
ESS	B	1.59%	2.29%	1.59%
EXR	C	1.13%	3.75%	1.13%
FRT	B	0.71%	1.19%	0.71%
HST	C	1.0%	1.59%	1.0%
INVH	D	1.28%	2.23%	1.28%
IRM	C	0.7%	3.64%	0.7%
KIM	A	0.67%	2.02%	0.67%
LAMR	C	0.62%	1.49%	0.62%
MAA	B	1.19%	2.18%	1.19%
O	C	1.94%	4.79%	1.94%
PLD	F	4.64%	7.27%	4.64%
PSA	C	2.58%	4.7%	2.58%
REG	A	0.82%	1.56%	0.82%
REXR	F	0.41%	1.2%	0.41%
SBAC	D	2.21%	2.65%	2.21%
SPG	A	3.53%	4.91%	3.53%
SUI	C	1.12%	1.74%	1.12%
UDR	B	1.08%	1.72%	1.08%
VICI	C	0.76%	3.56%	0.76%
WELL	A	2.73%	7.89%	2.73%

REK Overweight 57 Positions Relative to ICF

Symbol	Grade	Weight
CSGP	D	1.85%
WY	F	1.8%
VTR	B	1.71%
CBRE	B	1.59%
DOC	C	1.4%
WPC	C	1.12%
NLY	C	1.08%
MPW	F	0.9%
VNO	C	0.83%
CPT	B	0.83%
AGNC	C	0.77%
OHI	C	0.74%
NNN	C	0.74%
GLPI	C	0.72%
JLL	D	0.69%
KRC	B	0.63%
AIV	C	0.61%
SLG	B	0.58%
STWD	C	0.56%
DEI	B	0.54%
COLD	D	0.53%
CUZ	B	0.48%
BRX	A	0.48%
CUBE	C	0.47%
PK	C	0.46%
HPP	F	0.45%
EPR	C	0.44%
HHH	B	0.42%
FR	D	0.42%
EGP	D	0.41%
HIW	C	0.41%
BXMT	C	0.39%
RHP	B	0.37%
JBGS	F	0.37%
HR	B	0.36%
SBRA	C	0.33%
TWO	F	0.32%
OUT	A	0.32%
RYN	D	0.32%
CIM	D	0.31%
SVC	F	0.31%
EQC	B	0.31%
NHI	D	0.29%
DSS	F	0.28%
MFA	D	0.28%
APLE	B	0.26%
PEB	D	0.26%
SHO	D	0.24%
RLJ	C	0.23%
PDM	D	0.23%
PCH	F	0.23%
BDN	C	0.22%
PGRE	F	0.22%
MAC	B	0.22%
LXP	D	0.21%
IVR	F	0.19%
XHR	B	0.18%

REK Underweight 0 Positions Relative to ICF

	Symbol	Grade	Weight