REM vs. IYR ETF Comparison

Comparison of iShares Mortgage Real Estate Capped ETF (REM) to iShares U.S. Real Estate ETF (IYR)

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. 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 measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.96

Average Daily Volume

408,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYR

iShares U.S. Real Estate ETF

IYR Description

The investment seeks to track the investment results of an index composed of U.S. equities in the real estate sector. 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. It seeks to track the investment results of the Dow Jones U.S. Real Estate Index (the "underlying index"), which measures the performance of the real estate sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include real estate investment trusts ("REITs").

Grade (RS Rating)

Last Trade

$100.25

Average Daily Volume

5,335,696

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REM	IYR
30 Days	0.59%	-0.65%
60 Days	-3.04%	-2.15%
90 Days	-0.68%	1.82%
12 Months	12.49%	25.03%

4 Overlapping Holdings

Symbol	Grade	Weight in REM	Weight in IYR	Overlap
AGNC	D	11.23%	0.56%	0.56%
NLY	C	15.54%	0.74%	0.74%
RITM	C	8.6%	0.42%	0.42%
STWD	C	9.72%	0.46%	0.46%

REM Overweight 29 Positions Relative to IYR

Symbol	Grade	Weight
ABR	C	5.06%
BXMT	C	4.71%
LADR	B	3.13%
ARI	C	3.09%
TWO	D	2.86%
CIM	D	2.81%
RC	D	2.76%
PMT	D	2.71%
MFA	D	2.67%
FBRT	C	2.51%
EFC	C	2.42%
RWT	D	2.22%
DX	B	2.2%
ARR	D	2.18%
BRSP	B	1.9%
KREF	D	1.59%
CMTG	F	1.34%
ORC	B	1.33%
NYMT	C	1.28%
TRTX	B	1.25%
IVR	F	0.95%
ACRE	C	0.9%
REFI	A	0.64%
GPMT	C	0.41%
AFCG	D	0.39%
SEVN	D	0.39%
NREF	A	0.33%
AOMR	D	0.26%
SUNS	C	0.2%

REM Underweight 60 Positions Relative to IYR

Symbol	Grade	Weight
PLD	D	-7.78%
AMT	D	-6.8%
EQIX	A	-6.31%
WELL	A	-4.84%
SPG	B	-4.14%
DLR	B	-4.14%
PSA	D	-3.95%
O	D	-3.69%
CCI	D	-3.38%
CBRE	B	-2.94%
EXR	D	-2.61%
IRM	D	-2.52%
VICI	C	-2.48%
AVB	B	-2.44%
CSGP	D	-2.19%
VTR	C	-1.97%
EQR	B	-1.88%
SBAC	D	-1.78%
WY	D	-1.69%
ESS	B	-1.45%
INVH	D	-1.44%
MAA	B	-1.38%
KIM	A	-1.26%
ARE	D	-1.23%
SUI	D	-1.1%
DOC	D	-1.1%
GLPI	C	-1.01%
UDR	B	-1.0%
ELS	C	-0.99%
CPT	B	-0.96%
JLL	D	-0.93%
HST	C	-0.91%
WPC	D	-0.91%
REG	B	-0.9%
AMH	D	-0.89%
BXP	D	-0.86%
LAMR	D	-0.83%
CUBE	D	-0.82%
Z	A	-0.82%
OHI	C	-0.77%
REXR	F	-0.69%
BRX	A	-0.65%
FRT	B	-0.64%
EGP	F	-0.63%
NNN	D	-0.58%
ADC	B	-0.57%
FR	D	-0.52%
VNO	B	-0.51%
STAG	F	-0.5%
HR	C	-0.48%
COLD	D	-0.43%
CUZ	B	-0.35%
SBRA	C	-0.32%
KRC	C	-0.31%
RYN	D	-0.3%
ZG	A	-0.29%
LINE	F	-0.28%
PCH	D	-0.23%
HHH	B	-0.18%
SEG	B	-0.02%