VNQ vs. DRN ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Dexion Daily Real Estate Bull 3x Shares (DRN)

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

$96.66

Average Daily Volume

3,934,520

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

DRN

Dexion Daily Real Estate Bull 3x Shares

DRN Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI US REIT IndexSM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the equity securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their revenue and income from real estate rental and leasing operations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.06

Average Daily Volume

1,701,407

Number of Holdings ^*

31

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	DRN
30 Days	3.14%	7.78%
60 Days	8.27%	24.81%
90 Days	16.37%	49.40%
12 Months	33.56%	97.67%

31 Overlapping Holdings

	Symbol	Grade	Weight in VNQ	Weight in DRN	Overlap
	AMT	C	5.93%	5.64%	5.64%
	ARE	C	1.07%	1.0%	1.0%
	AVB	C	1.82%	1.68%	1.68%
	BXP	C	0.64%	0.6%	0.6%
	CBRE	B	2.0%	1.86%	1.86%
	CCI	C	2.76%	2.62%	2.62%
	CPT	C	0.76%	0.68%	0.68%
	CSGP	D	1.79%	1.61%	1.61%
	DLR	B	2.79%	2.63%	2.63%
	DOC	B	0.89%	0.8%	0.8%
	EQIX	B	4.37%	4.19%	4.19%
	EQR	C	1.45%	1.36%	1.36%
	ESS	C	1.1%	1.03%	1.03%
	EXR	C	2.12%	1.97%	1.97%
	FRT	C	0.49%	0.44%	0.44%
	HST	D	0.71%	0.65%	0.65%
	INVH	D	1.28%	1.06%	1.06%
	IRM	C	1.88%	1.75%	1.75%
	KIM	C	0.89%	0.8%	0.8%
	MAA	C	1.07%	0.98%	0.98%
	O	B	3.06%	2.77%	2.77%
	PLD	C	6.7%	6.02%	6.02%
	PSA	C	3.08%	2.92%	2.92%
	REG	C	0.72%	0.62%	0.62%
	SBAC	C	1.38%	1.32%	1.32%
	SPG	B	3.09%	2.74%	2.74%
	UDR	C	0.79%	0.72%	0.72%
	VICI	C	1.82%	1.77%	1.77%
	VTR	C	1.42%	1.33%	1.33%
	WELL	C	4.0%	3.91%	3.91%
	WY	C	1.26%	1.24%	1.24%

VNQ Overweight 112 Positions Relative to DRN

	Symbol	Grade	Weight
	SUI	C	0.95%
	GLPI	C	0.8%
	AMH	D	0.74%
	WPC	C	0.74%
	ELS	D	0.73%
	JLL	B	0.69%
	CUBE	C	0.66%
	LAMR	B	0.63%
	REXR	C	0.63%
	OHI	C	0.55%
	EGP	C	0.51%
	NNN	B	0.49%
	Z	C	0.49%
	BRX	C	0.47%
	COLD	D	0.44%
	FR	C	0.43%
	ADC	C	0.42%
	STAG	D	0.42%
	TRNO	D	0.38%
	RHP	C	0.34%
	VNO	B	0.32%
	EPRT	B	0.32%
	KRG	C	0.32%
	PECO	C	0.26%
	IRT	C	0.26%
	CUZ	C	0.25%
	RYN	C	0.25%
	CTRE	C	0.24%
	SLG	C	0.24%
	KRC	C	0.23%
	SBRA	C	0.22%
	MAC	B	0.2%
	BNL	B	0.2%
	PCH	C	0.2%
	IIPR	B	0.2%
	NHI	C	0.2%
	EPR	C	0.2%
	APLE	C	0.19%
	SKT	B	0.19%
	NSA	C	0.19%
	HIW	C	0.19%
	PK	D	0.18%
	ZG	C	0.17%
	CWK	B	0.17%
	LXP	C	0.17%
	FCPT	C	0.15%
	DEI	B	0.15%
	MPW	C	0.15%
	HHH	C	0.14%
	UE	C	0.14%
	OUT	B	0.13%
	AKR	B	0.13%
	COMP	C	0.12%
	JOE	D	0.12%
	DBRG	D	0.12%
	EQC	D	0.12%
	ROIC	C	0.11%
	NMRK	B	0.11%
	IVT	D	0.11%
	SHO	C	0.11%
	GNL	D	0.1%
	DRH	C	0.1%
	ESRT	C	0.09%
	LTC	C	0.09%
	PEB	D	0.09%
	GTY	C	0.09%
	AAT	C	0.08%
	ALEX	C	0.08%
	XHR	B	0.08%
	JBGS	C	0.08%
	RLJ	D	0.08%
	PDM	C	0.07%
	AIV	C	0.07%
	KW	C	0.07%
	NTST	D	0.07%
	OPEN	F	0.07%
	DEA	D	0.07%
	UMH	C	0.07%
	PLYM	D	0.06%
	MMI	C	0.06%
	RDFN	D	0.06%
	UNIT	C	0.06%
	NXRT	D	0.06%
	CSR	D	0.06%
	AHH	D	0.05%
	PGRE	D	0.05%
	EXPI	C	0.05%
	BDN	C	0.05%
	FOR	D	0.04%
	HPP	F	0.04%
	INN	B	0.04%
	SVC	F	0.04%
	OLP	C	0.03%
	LAND	D	0.03%
	FPI	D	0.03%
	PKST	D	0.03%
	CHCT	F	0.03%
	ALX	B	0.03%
	BFS	B	0.03%
	WSR	D	0.03%
	GMRE	C	0.03%
	DHC	C	0.03%
	UHT	C	0.03%
	GOOD	B	0.03%
	CBL	D	0.02%
	TRC	C	0.02%
	RMR	C	0.02%
	CLDT	D	0.02%
	OPI	F	0.01%
	SRG	D	0.01%
	NXDT	D	0.01%
	CIO	C	0.01%

VNQ Underweight 0 Positions Relative to DRN

	Symbol	Grade	Weight

VNQ: Top Represented Industries & Keywords

Industries: REIT - Retail REIT - Diversified REIT - Office REIT - Industrial REIT - Residential REIT - Healthcare Facilities REIT - Hotel & Motel Real Estate Services Real Estate - General Lumber & Wood Production Telecom Services Business Services Software - Application

Keywords: Real Estate Investment Trust S&P 500 Real Estate Market Retail Properties Real Estate Properties Property Management Equity Global Management Property Real Estate Broker Equity Real Estate Investment Trust Industrial Properties Land Law Shopping Mall Champion Reit Dream Office Real Estate Investment Trust Property Management Services Real Estate Brokerage Real Estate Industry Real Estate Investment Real Estate Services

DRN: Top Represented Industries & Keywords

Industries: REIT - Residential REIT - Retail REIT - Diversified REIT - Healthcare Facilities REIT - Industrial REIT - Office Real Estate Services Telecom Services Business Services Lumber & Wood Production REIT - Hotel & Motel

Keywords: S&P 500 Real Estate Investment Trust Real Estate Market Property Management Retail Properties Sba Communications Communications Sites Distributed Antenna System Dream Office Real Estate Investment Trust Equity Real Estate Investment Trust Extra Space Storage Information And Communications Technology Inland Residential Properties Trust Pcia The Wireless Infrastructure Association Property Management Services Real Estate Services Shopping Mall Site Development Services Telecommunications Tower Site