ROOF vs. VNQ ETF Comparison

Comparison of IQ US Real Estate Small Cap ETF (ROOF) to Vanguard REIT ETF - DNQ (VNQ)

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

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$96.16

Average Daily Volume

3,452,081

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	ROOF	VNQ
30 Days	-2.98%	-0.23%
60 Days	-5.92%	-1.50%
90 Days	-1.18%	1.63%
12 Months	14.63%	25.20%

43 Overlapping Holdings

Symbol	Grade	Weight in ROOF	Weight in VNQ	Overlap
AIV	C	0.1%	0.06%	0.06%
AMH	C	1.2%	0.66%	0.66%
AMT	C	4.41%	5.69%	4.41%
ARE	F	1.61%	1.0%	1.0%
AVB	B	2.85%	1.8%	1.8%
CCI	C	4.3%	2.66%	2.66%
COLD	D	1.17%	0.4%	0.4%
CPT	B	1.11%	0.7%	0.7%
CSR	B	0.09%	0.06%	0.06%
CTRE	C	0.41%	0.26%	0.26%
DHC	F	0.05%	0.03%	0.03%
DLR	B	5.57%	3.3%	3.3%
DOC	C	1.27%	0.9%	0.9%
EGP	D	1.58%	0.47%	0.47%
ELME	D	0.12%	0.08%	0.08%
ELS	C	1.15%	0.71%	0.71%
EQIX	A	5.1%	4.79%	4.79%
EQR	C	2.44%	1.37%	1.37%
ESS	B	1.69%	1.04%	1.04%
FR	D	1.31%	0.4%	0.4%
IIPR	D	0.54%	0.21%	0.21%
INVH	D	1.81%	1.1%	1.1%
IRT	A	0.42%	0.25%	0.25%
LTC	B	0.14%	0.09%	0.09%
LXP	D	0.5%	0.16%	0.16%
MAA	B	1.63%	1.01%	1.01%
MPW	F	0.22%	0.16%	0.16%
NHI	D	0.3%	0.19%	0.19%
NXRT	B	0.1%	0.06%	0.06%
PLD	F	4.67%	5.97%	4.67%
PLYM	F	0.15%	0.05%	0.05%
REXR	F	1.73%	0.53%	0.53%
SBAC	D	4.48%	1.41%	1.41%
SBRA	C	0.37%	0.26%	0.26%
STAG	D	1.24%	0.39%	0.39%
SUI	C	1.36%	0.94%	0.94%
TRNO	F	1.1%	0.33%	0.33%
UDR	B	1.28%	0.75%	0.75%
UMH	B	0.12%	0.07%	0.07%
UNIT	B	4.25%	0.07%	0.07%
VRE	B	0.15%	0.07%	0.07%
VTR	B	2.3%	1.51%	1.51%
WELL	A	5.16%	4.5%	4.5%

ROOF Overweight 1 Positions Relative to VNQ

	Symbol	Grade	Weight
	SILA	C	0.12%

ROOF Underweight 102 Positions Relative to VNQ

Symbol	Grade	Weight
SPG	A	-3.15%
PSA	C	-2.97%
O	C	-2.95%
CBRE	B	-2.29%
IRM	C	-2.07%
EXR	C	-1.97%
VICI	C	-1.73%
CSGP	D	-1.7%
WY	F	-1.3%
KIM	A	-0.91%
GLPI	C	-0.78%
JLL	D	-0.74%
REG	A	-0.72%
WPC	C	-0.7%
BXP	C	-0.69%
HST	C	-0.69%
LAMR	C	-0.66%
CUBE	C	-0.61%
OHI	C	-0.6%
Z	A	-0.54%
FRT	B	-0.47%
BRX	A	-0.46%
NNN	C	-0.45%
ADC	A	-0.43%
VNO	C	-0.38%
RHP	B	-0.35%
EPRT	B	-0.32%
KRG	B	-0.32%
SLG	B	-0.28%
CUZ	B	-0.27%
KRC	B	-0.26%
PECO	A	-0.26%
RYN	D	-0.25%
MAC	B	-0.23%
CDP	C	-0.21%
SKT	A	-0.21%
EPR	C	-0.2%
HIW	C	-0.2%
PCH	F	-0.19%
BNL	D	-0.19%
APLE	B	-0.19%
CWK	C	-0.18%
ZG	A	-0.18%
PK	C	-0.17%
DEI	B	-0.17%
NSA	C	-0.17%
COMP	B	-0.15%
UE	B	-0.15%
HHH	B	-0.14%
AKR	B	-0.14%
FCPT	C	-0.14%
IVT	A	-0.13%
OUT	A	-0.13%
EQC	B	-0.12%
NMRK	C	-0.12%
SHO	D	-0.11%
ROIC	A	-0.11%
DRH	B	-0.1%
JOE	F	-0.1%
GNL	F	-0.09%
GTY	A	-0.09%
DEA	D	-0.08%
ALEX	B	-0.08%
RLJ	C	-0.08%
JBGS	F	-0.08%
XHR	B	-0.08%
PEB	D	-0.08%
ESRT	C	-0.08%
RDFN	D	-0.07%
KW	C	-0.07%
PDM	D	-0.07%
AAT	B	-0.07%
EXPI	D	-0.06%
OPEN	F	-0.06%
NTST	C	-0.06%
PGRE	F	-0.05%
AHH	D	-0.05%
BDN	C	-0.05%
MMI	C	-0.05%
GOOD	B	-0.04%
FOR	F	-0.04%
INN	D	-0.04%
LAND	F	-0.03%
OLP	B	-0.03%
PKST	F	-0.03%
BFS	C	-0.03%
UHT	D	-0.03%
CHCT	C	-0.03%
ALX	D	-0.03%
SVC	F	-0.03%
FPI	B	-0.03%
HPP	F	-0.03%
GMRE	F	-0.03%
WSR	A	-0.03%
TRC	F	-0.02%
CBL	B	-0.02%
RMR	F	-0.02%
CLDT	B	-0.02%
SRG	F	-0.01%
NXDT	F	-0.01%
CIO	C	-0.01%
OPI	F	-0.0%