ROOF vs. FPRO ETF Comparison
Comparison of IQ US Real Estate Small Cap ETF (ROOF) to Fidelity Real Estate Investment ETF (FPRO)
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
$18.76
Average Daily Volume
5,219
45
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
$19.77
Average Daily Volume
1,955
39
Performance
| Period | ROOF | FPRO |
|---|---|---|
| 30 Days | -2.23% | -3.59% |
| 60 Days | -4.79% | -7.42% |
| 90 Days | -2.66% | -5.03% |
| 12 Months | 0.55% | -1.85% |
19 Overlapping Holdings
| Symbol | Grade | Weight in ROOF | Weight in FPRO | Overlap | |
|---|---|---|---|---|---|
| AIRC | A | 0.57% | 1.7% | 0.57% | |
| AMH | D | 1.35% | 1.99% | 1.35% | |
| AMT | D | 4.49% | 1.58% | 1.58% | |
| CCI | D | 4.1% | 4.99% | 4.1% | |
| COLD | F | 1.5% | 1.33% | 1.33% | |
| DLR | B | 4.56% | 3.41% | 3.41% | |
| ELS | D | 1.19% | 0.51% | 0.51% | |
| EQIX | F | 4.27% | 7.07% | 4.27% | |
| EQR | A | 2.54% | 2.45% | 2.45% | |
| INVH | B | 2.18% | 1.39% | 1.39% | |
| MAA | B | 1.55% | 2.92% | 1.55% | |
| PLD | D | 4.11% | 11.77% | 4.11% | |
| SBAC | F | 4.32% | 5.27% | 4.32% | |
| STAG | D | 1.48% | 0.64% | 0.64% | |
| SUI | F | 1.55% | 3.2% | 1.55% | |
| TRNO | D | 1.14% | 0.8% | 0.8% | |
| UDR | B | 1.3% | 2.98% | 1.3% | |
| VTR | B | 1.82% | 5.75% | 1.82% | |
| WELL | A | 4.94% | 2.58% | 2.58% |
ROOF Overweight 26 Positions Relative to FPRO
| Symbol | Grade | Weight | |
|---|---|---|---|
| UNIT | F | 3.49% | |
| AVB | A | 2.82% | |
| ARE | D | 2.17% | |
| REXR | D | 2.14% | |
| EGP | F | 1.77% | |
| ESS | A | 1.65% | |
| FR | D | 1.43% | |
| DOC | A | 1.37% | |
| CPT | A | 1.1% | |
| IIPR | A | 0.65% | |
| LXP | D | 0.58% | |
| IRT | B | 0.37% | |
| SBRA | B | 0.33% | |
| CTRE | B | 0.32% | |
| NHI | A | 0.28% | |
| MPW | C | 0.28% | |
| PLYM | F | 0.22% | |
| LTC | A | 0.14% | |
| AIV | B | 0.12% | |
| UMH | C | 0.11% | |
| CSR | A | 0.1% | |
| NXRT | B | 0.09% | |
| CHCT | F | 0.07% | |
| GMRE | D | 0.06% | |
| DHC | C | 0.06% | |
| UHT | D | 0.05% |
ROOF Underweight 20 Positions Relative to FPRO
ROOF: Top Represented Industries & Keywords
FPRO: Top Represented Industries & Keywords
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