ROOF vs. REET ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to iShares Global REIT ETF (REET)

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

REET

iShares Global REIT ETF

REET Description

The investment seeks to track the investment results of the FTSE EPRA/NAREIT Global REIT Index. The index is designed to track the performance of publicly-listed real estate investment trusts ("REITs") (or their local equivalents) in both developed and emerging markets. The fund generally invests at least 80% of its assets in securities of the index and in depositary receipts representing securities of the index. The fund seeks to track the investment results of the index before the fees and expenses of the fund. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.72

Average Daily Volume

664,093

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	REET
30 Days	-2.98%	-1.08%
60 Days	-5.92%	-3.23%
90 Days	-1.18%	-0.03%
12 Months	14.63%	20.96%

38 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in REET	Overlap
AIV	C	0.1%	0.08%	0.08%
AMH	C	1.2%	0.78%	0.78%
ARE	F	1.61%	1.11%	1.11%
AVB	B	2.85%	1.99%	1.99%
COLD	D	1.17%	0.39%	0.39%
CPT	B	1.11%	0.77%	0.77%
CSR	B	0.09%	0.07%	0.07%
CTRE	C	0.41%	0.3%	0.3%
DLR	B	5.57%	3.7%	3.7%
DOC	C	1.27%	0.92%	0.92%
EGP	D	1.58%	0.52%	0.52%
ELME	D	0.12%	0.08%	0.08%
ELS	C	1.15%	0.8%	0.8%
EQIX	A	5.1%	5.36%	5.1%
EQR	C	2.44%	1.72%	1.72%
ESS	B	1.69%	1.18%	1.18%
FR	D	1.31%	0.43%	0.43%
IIPR	D	0.54%	0.18%	0.18%
INVH	D	1.81%	1.27%	1.27%
IRT	A	0.42%	0.29%	0.29%
LTC	B	0.14%	0.1%	0.1%
LXP	D	0.5%	0.16%	0.16%
MAA	B	1.63%	1.12%	1.12%
MPW	F	0.22%	0.16%	0.16%
NHI	D	0.3%	0.2%	0.2%
NXRT	B	0.1%	0.06%	0.06%
PLD	F	4.67%	6.51%	4.67%
REXR	F	1.73%	0.57%	0.57%
SBRA	C	0.37%	0.26%	0.26%
SILA	C	0.12%	0.09%	0.09%
STAG	D	1.24%	0.4%	0.4%
SUI	C	1.36%	0.96%	0.96%
TRNO	F	1.1%	0.35%	0.35%
UDR	B	1.28%	0.89%	0.89%
UMH	B	0.12%	0.08%	0.08%
VRE	B	0.15%	0.09%	0.09%
VTR	B	2.3%	1.59%	1.59%
WELL	A	5.16%	5.1%	5.1%

ROOF Overweight 6 Positions Relative to REET

Symbol	Grade	Weight
SBAC	D	4.48%
AMT	C	4.41%
CCI	C	4.3%
UNIT	B	4.25%
PLYM	F	0.15%
DHC	F	0.05%

ROOF Underweight 68 Positions Relative to REET

Symbol	Grade	Weight
SPG	A	-3.59%
PSA	C	-3.24%
O	C	-3.05%
EXR	C	-2.12%
IRM	C	-2.08%
VICI	C	-2.06%
KIM	A	-1.01%
REG	A	-0.83%
GLPI	C	-0.8%
BXP	C	-0.76%
WPC	C	-0.75%
HST	C	-0.74%
CUBE	C	-0.67%
OHI	C	-0.61%
FRT	B	-0.57%
BRX	A	-0.54%
NNN	C	-0.48%
ADC	A	-0.47%
VNO	C	-0.44%
HR	B	-0.41%
RHP	B	-0.4%
EPRT	B	-0.36%
KRG	B	-0.36%
SLG	B	-0.31%
CUZ	B	-0.29%
PECO	A	-0.29%
KRC	B	-0.28%
MAC	B	-0.26%
SKT	A	-0.24%
LINE	F	-0.24%
CDP	C	-0.21%
APLE	B	-0.21%
HIW	C	-0.2%
EPR	C	-0.2%
BNL	D	-0.19%
UE	B	-0.18%
DEI	B	-0.18%
PK	C	-0.18%
NSA	C	-0.18%
CURB	D	-0.16%
AKR	B	-0.16%
FCPT	C	-0.16%
AHR	A	-0.14%
IVT	A	-0.13%
ROIC	A	-0.13%
SHO	D	-0.12%
DRH	B	-0.11%
GTY	A	-0.1%
ALEX	B	-0.09%
ESRT	C	-0.09%
RLJ	C	-0.09%
PEB	D	-0.09%
GNL	F	-0.09%
XHR	B	-0.09%
NTST	C	-0.08%
JBGS	F	-0.08%
AAT	B	-0.08%
PDM	D	-0.07%
DEA	D	-0.07%
SAFE	F	-0.06%
AHH	D	-0.05%
SITC	D	-0.05%
PGRE	F	-0.05%
BDN	C	-0.05%
INN	D	-0.04%
SVC	F	-0.03%
HPP	F	-0.03%
SAR	A	-0.0%