ROOF vs. INDS ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to Pacer Benchmark Industrial Real Estate SCTR ETF (INDS)

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

$18.20

Average Daily Volume

9,394

Number of Holdings ^*

* may have additional holdings in another (foreign) market

INDS

Pacer Benchmark Industrial Real Estate SCTR ETF

INDS Description

The investment seeks to track the total return performance, before fees and expenses, of the Benchmark Industrial Real Estate SCTR¿ Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index was developed by Benchmark Investments, LLC, the index provider (the "index provider"), and measures the performance of the industrial real estate sector of the U.S. equity market, which includes warehouse and self-storage real estate sub-sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.51

Average Daily Volume

24,055

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	INDS
30 Days	-5.85%	-7.80%
60 Days	-4.69%	-9.38%
90 Days	-6.55%	-10.44%
12 Months	-3.70%	-8.47%

7 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in INDS	Overlap
EGP	F	1.89%	4.5%	1.89%
FR	D	1.57%	4.32%	1.57%
LXP	D	0.61%	1.68%	0.61%
PLD	D	4.62%	13.99%	4.62%
REXR	D	2.27%	4.22%	2.27%
STAG	D	1.54%	4.31%	1.54%
TRNO	D	1.22%	3.35%	1.22%

ROOF Overweight 38 Positions Relative to INDS

Symbol	Grade	Weight
WELL	B	4.71%
AMT	D	4.63%
DLR	C	4.51%
SBAC	D	4.34%
EQIX	D	4.21%
CCI	D	4.12%
UNIT	D	3.35%
AVB	A	2.67%
EQR	A	2.39%
ARE	B	2.17%
INVH	B	2.13%
VTR	D	1.77%
ESS	B	1.57%
SUI	D	1.56%
COLD	F	1.56%
MAA	D	1.54%
DOC	A	1.34%
AMH	D	1.32%
UDR	C	1.22%
ELS	F	1.18%
CPT	C	1.07%
IIPR	B	0.64%
AIRC	A	0.57%
IRT	A	0.37%
SBRA	C	0.33%
CTRE	A	0.32%
MPW	B	0.29%
NHI	A	0.26%
PLYM	D	0.22%
LTC	B	0.14%
AIV	A	0.12%
UMH	B	0.11%
CSR	A	0.09%
NXRT	B	0.08%
CHCT	F	0.07%
GMRE	D	0.06%
DHC	F	0.06%
UHT	F	0.05%

ROOF Underweight 5 Positions Relative to INDS

Symbol	Grade	Weight
PSA	D	-14.75%
CUBE	B	-4.57%
WPC	D	-4.55%
EXR	D	-4.48%
NSA	B	-1.68%