ROOF vs. CRED ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to Columbia Research Enhanced Real Estate ETF (CRED)

ROOF

IQ US Real Estate Small Cap ETF

ROOF Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ U.S. Real Estate Small Cap Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"), the parent company of IndexIQ Advisors LLC, the fund's investment advisor (the "Advisor"). The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.75

Average Daily Volume

99,157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CRED

Columbia Research Enhanced Real Estate ETF

CRED Description

Columbia Research Enhanced Real Estate ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the Index). The Beta Advantage® Lionstone Research Enhanced REIT Index (the “Index”) aims to achieve stronger total return than the FTSE NAREIT All Equity REITs Index through a rules-based strategic beta approach. The Index methodology leverages proprietary research and insights from Lionstone Investments and Columbia Threadneedle Investments to score and weight each constituent within the FTSE NAREIT All Equity REITs Index on such factors as liquidity, income, geographic exposure, quality, value, catalyst and research rating.

Grade (RS Rating)

Last Trade

$23.63

Average Daily Volume

686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	CRED
30 Days	-2.98%	-1.32%
60 Days	-5.92%	-1.75%
90 Days	-1.18%	3.00%
12 Months	14.63%	25.86%

19 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in CRED	Overlap
AMH	D	1.2%	1.7%	1.2%
AMT	D	4.41%	10.98%	4.41%
AVB	B	2.85%	3.32%	2.85%
CCI	D	4.3%	6.96%	4.3%
CTRE	D	0.41%	0.73%	0.41%
DLR	B	5.57%	6.22%	5.57%
DOC	D	1.27%	2.75%	1.27%
EQIX	A	5.1%	7.18%	5.1%
FR	C	1.31%	0.92%	0.92%
INVH	D	1.81%	2.5%	1.81%
LXP	D	0.5%	0.49%	0.49%
MAA	B	1.63%	3.18%	1.63%
MPW	F	0.22%	0.47%	0.22%
SBAC	D	4.48%	2.68%	2.68%
SBRA	C	0.37%	0.76%	0.37%
STAG	F	1.24%	0.96%	0.96%
SUI	D	1.36%	1.31%	1.31%
UMH	C	0.12%	0.14%	0.12%
UNIT	B	4.25%	0.22%	0.22%

ROOF Overweight 25 Positions Relative to CRED

Symbol	Grade	Weight
WELL	A	5.16%
PLD	D	4.67%
EQR	B	2.44%
VTR	C	2.3%
REXR	F	1.73%
ESS	B	1.69%
ARE	D	1.61%
EGP	F	1.58%
UDR	B	1.28%
COLD	D	1.17%
ELS	C	1.15%
CPT	B	1.11%
TRNO	F	1.1%
IIPR	D	0.54%
IRT	A	0.42%
NHI	D	0.3%
VRE	B	0.15%
PLYM	F	0.15%
LTC	B	0.14%
SILA	C	0.12%
ELME	D	0.12%
NXRT	B	0.1%
AIV	C	0.1%
CSR	B	0.09%
DHC	F	0.05%

ROOF Underweight 51 Positions Relative to CRED

Symbol	Grade	Weight
SPG	B	-7.67%
O	D	-5.9%
IRM	D	-3.91%
WY	D	-2.39%
LAMR	D	-1.93%
GLPI	C	-1.81%
BXP	D	-1.51%
BRX	A	-1.45%
OHI	C	-1.36%
HST	C	-1.27%
CUBE	D	-1.2%
KRG	B	-1.01%
KRC	C	-0.87%
NNN	D	-0.85%
RHP	B	-0.85%
CUZ	B	-0.83%
HIW	D	-0.78%
EPR	D	-0.77%
VNO	B	-0.64%
APLE	B	-0.64%
NSA	D	-0.63%
PECO	A	-0.61%
EPRT	B	-0.54%
RYN	D	-0.51%
OUT	A	-0.51%
BNL	D	-0.43%
MAC	B	-0.43%
PK	B	-0.4%
CDP	C	-0.39%
SKT	B	-0.39%
PCH	D	-0.36%
DEI	B	-0.33%
GNL	F	-0.31%
UE	C	-0.28%
PDM	D	-0.27%
XHR	B	-0.2%
RLJ	C	-0.19%
DRH	B	-0.19%
JBGS	D	-0.18%
SHO	C	-0.17%
AHH	D	-0.17%
BDN	C	-0.16%
ESRT	C	-0.13%
PEB	D	-0.12%
WSR	A	-0.12%
GMRE	F	-0.11%
INN	D	-0.09%
PGRE	F	-0.08%
HPP	F	-0.07%
ILPT	D	-0.02%
OPI	F	-0.01%