RWO vs. SRS ETF Comparison

Comparison of SPDR DJ Wilshire Global Real Estate ETF (RWO) to ProShares UltraShort Real Estate (SRS)

RWO

SPDR DJ Wilshire Global Real Estate ETF

RWO Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the Dow Jones Global Select Real Estate Securities Indexsm. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index designed to measure the performance of publicly traded global real estate securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.77

Average Daily Volume

104,849

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

SRS

ProShares UltraShort Real Estate

SRS Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.68

Average Daily Volume

14,598

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RWO	SRS
30 Days	-1.47%	0.95%
60 Days	-3.97%	3.64%
90 Days	-0.99%	-1.17%
12 Months	19.03%	-31.87%

61 Overlapping Holdings

Symbol	Grade	Weight in RWO	Weight in SRS	Overlap
AIV	C	0.08%	0.61%	0.08%
AMH	C	0.81%	0.54%	0.54%
APLE	B	0.24%	0.26%	0.24%
ARE	F	1.15%	1.46%	1.15%
AVB	B	2.21%	2.35%	2.21%
BDN	C	0.06%	0.22%	0.06%
BRX	A	0.59%	0.48%	0.48%
BXP	C	0.79%	1.56%	0.79%
COLD	D	0.39%	0.53%	0.39%
CPT	B	0.88%	0.83%	0.83%
CUBE	C	0.74%	0.47%	0.47%
CUZ	B	0.32%	0.48%	0.32%
DEI	B	0.21%	0.54%	0.21%
DLR	B	3.75%	2.02%	2.02%
DOC	C	1.02%	1.4%	1.02%
EGP	D	0.57%	0.41%	0.41%
ELS	C	0.91%	1.0%	0.91%
EPR	C	0.23%	0.44%	0.23%
EQC	B	0.14%	0.31%	0.14%
EQIX	A	5.83%	3.91%	3.91%
EQR	C	1.71%	2.24%	1.71%
ESS	B	1.33%	1.59%	1.33%
EXR	C	2.37%	1.13%	1.13%
FR	D	0.47%	0.42%	0.42%
FRT	B	0.58%	0.71%	0.58%
HIW	C	0.23%	0.41%	0.23%
HPP	F	0.04%	0.45%	0.04%
HST	C	0.84%	1.0%	0.84%
INVH	D	1.31%	1.28%	1.28%
JBGS	F	0.09%	0.37%	0.09%
KIM	A	1.14%	0.67%	0.67%
KRC	B	0.29%	0.63%	0.29%
LXP	D	0.19%	0.21%	0.19%
MAA	B	1.26%	1.19%	1.19%
MAC	B	0.28%	0.22%	0.22%
MPW	F	0.18%	0.9%	0.18%
NHI	D	0.23%	0.29%	0.23%
NNN	C	0.52%	0.74%	0.52%
O	C	3.34%	1.94%	1.94%
OHI	C	0.7%	0.74%	0.7%
PDM	D	0.08%	0.23%	0.08%
PEB	D	0.1%	0.26%	0.1%
PGRE	F	0.06%	0.22%	0.06%
PK	C	0.21%	0.46%	0.21%
PLD	F	7.27%	4.64%	4.64%
PSA	C	3.57%	2.58%	2.58%
REG	A	0.82%	0.82%	0.82%
REXR	F	0.62%	0.41%	0.41%
RHP	B	0.46%	0.37%	0.37%
RLJ	C	0.1%	0.23%	0.1%
SHO	D	0.14%	0.24%	0.14%
SLG	B	0.34%	0.58%	0.34%
SPG	A	3.74%	3.53%	3.53%
SUI	C	1.0%	1.12%	1.0%
SVC	F	0.03%	0.31%	0.03%
UDR	B	0.92%	1.08%	0.92%
VNO	C	0.47%	0.83%	0.47%
VTR	B	1.79%	1.71%	1.71%
WELL	A	5.32%	2.73%	2.73%
WPC	C	0.82%	1.12%	0.82%
XHR	B	0.11%	0.18%	0.11%

RWO Overweight 39 Positions Relative to SRS

Symbol	Grade	Weight
ADC	A	0.52%
STAG	D	0.45%
KRG	B	0.4%
TRNO	F	0.4%
EPRT	B	0.39%
CTRE	C	0.34%
IRT	A	0.32%
PECO	A	0.32%
SKT	A	0.27%
CDP	C	0.23%
BNL	D	0.22%
IIPR	D	0.2%
NSA	C	0.2%
UE	B	0.19%
FCPT	C	0.18%
AKR	B	0.18%
ROIC	A	0.15%
DRH	B	0.13%
ESRT	C	0.1%
GNL	F	0.1%
ELME	D	0.1%
VRE	B	0.1%
GTY	A	0.1%
KW	C	0.09%
UMH	B	0.09%
AAT	B	0.09%
ALEX	B	0.09%
CSR	B	0.08%
DEA	D	0.08%
NTST	C	0.08%
NXRT	B	0.07%
INN	D	0.05%
PLYM	F	0.05%
UHT	D	0.04%
DHC	F	0.04%
GMRE	F	0.04%
CLDT	B	0.03%
CHCT	C	0.03%
SRG	F	0.01%

RWO Underweight 26 Positions Relative to SRS

Symbol	Grade	Weight
AMT	C	-8.05%
CCI	C	-4.7%
SBAC	D	-2.21%
CSGP	D	-1.85%
WY	F	-1.8%
CBRE	B	-1.59%
NLY	C	-1.08%
AGNC	C	-0.77%
VICI	C	-0.76%
GLPI	C	-0.72%
IRM	C	-0.7%
JLL	D	-0.69%
LAMR	C	-0.62%
STWD	C	-0.56%
HHH	B	-0.42%
BXMT	C	-0.39%
HR	B	-0.36%
SBRA	C	-0.33%
TWO	F	-0.32%
OUT	A	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
DSS	F	-0.28%
MFA	D	-0.28%
PCH	F	-0.23%
IVR	F	-0.19%