VNQ vs. PY ETF Comparison

Comparison of Vanguard REIT ETF - DNQ (VNQ) to Principal Shareholder Yield Index ETF (PY)

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

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.90

Average Daily Volume

4,382

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

Performance

Period	VNQ	PY
30 Days	3.14%	2.97%
60 Days	8.27%	4.58%
90 Days	16.37%	9.17%
12 Months	33.56%	29.05%

10 Overlapping Holdings

Symbol	Grade	Weight in VNQ	Weight in PY	Overlap
ARE	C	1.07%	0.77%	0.77%
AVB	C	1.82%	0.79%	0.79%
CPT	C	0.76%	0.75%	0.75%
ESS	C	1.1%	0.76%	0.76%
INVH	D	1.28%	0.75%	0.75%
MAA	C	1.07%	0.75%	0.75%
PLD	C	6.7%	0.95%	0.95%
SBAC	C	1.38%	0.76%	0.76%
SPG	B	3.09%	0.82%	0.82%
VICI	C	1.82%	0.76%	0.76%

VNQ Overweight 133 Positions Relative to PY

Symbol	Grade	Weight
AMT	C	5.93%
EQIX	B	4.37%
WELL	C	4.0%
PSA	C	3.08%
O	B	3.06%
DLR	B	2.79%
CCI	C	2.76%
EXR	C	2.12%
CBRE	B	2.0%
IRM	C	1.88%
CSGP	D	1.79%
EQR	C	1.45%
VTR	C	1.42%
WY	C	1.26%
SUI	C	0.95%
KIM	C	0.89%
DOC	B	0.89%
GLPI	C	0.8%
UDR	C	0.79%
AMH	D	0.74%
WPC	C	0.74%
ELS	D	0.73%
REG	C	0.72%
HST	D	0.71%
JLL	B	0.69%
CUBE	C	0.66%
BXP	C	0.64%
LAMR	B	0.63%
REXR	C	0.63%
OHI	C	0.55%
EGP	C	0.51%
FRT	C	0.49%
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 95 Positions Relative to PY

Symbol	Grade	Weight
AAPL	C	-3.99%
MSFT	C	-3.73%
NVDA	C	-2.79%
AVGO	C	-2.46%
XOM	D	-1.82%
HD	B	-1.59%
CVX	F	-1.28%
CAT	B	-1.18%
WFC	D	-1.16%
QCOM	D	-1.16%
ACN	C	-1.15%
AXP	B	-1.11%
LOW	B	-1.07%
CMCSA	C	-1.05%
RTX	B	-1.04%
MS	B	-1.02%
TJX	C	-1.01%
LMT	A	-0.98%
DE	A	-0.98%
TT	B	-0.98%
NKE	D	-0.98%
ADP	C	-0.97%
CB	B	-0.97%
CI	C	-0.93%
MMC	C	-0.93%
BMY	C	-0.93%
PNC	C	-0.91%
MDLZ	C	-0.91%
ITW	B	-0.89%
CSX	C	-0.89%
BK	B	-0.88%
MET	B	-0.87%
SLB	F	-0.86%
CVS	D	-0.86%
AMP	B	-0.85%
MO	C	-0.85%
DFS	C	-0.85%
PRU	C	-0.84%
PSX	F	-0.83%
TRV	C	-0.83%
MPC	F	-0.82%
BKR	C	-0.82%
KR	B	-0.82%
AIG	D	-0.82%
FITB	B	-0.81%
EBAY	B	-0.81%
DD	B	-0.81%
PAYX	C	-0.81%
OTIS	B	-0.81%
PNR	B	-0.81%
EQT	C	-0.8%
DRI	C	-0.8%
TRGP	C	-0.8%
HPE	C	-0.8%
ADM	D	-0.79%
NDAQ	C	-0.79%
SYF	C	-0.79%
STLD	C	-0.79%
VLO	F	-0.79%
EMN	B	-0.79%
AOS	B	-0.78%
HAL	F	-0.78%
CTSH	B	-0.78%
ROK	D	-0.78%
HPQ	C	-0.78%
GIS	B	-0.78%
HIG	B	-0.78%
MRO	D	-0.77%
RL	B	-0.77%
OXY	F	-0.77%
KMB	C	-0.77%
PPG	C	-0.77%
FANG	F	-0.77%
RF	B	-0.77%
BEN	F	-0.77%
LYB	D	-0.76%
WTW	B	-0.76%
ALLE	B	-0.76%
CF	B	-0.76%
FDX	D	-0.76%
NDSN	C	-0.76%
SNA	B	-0.76%
MKC	C	-0.75%
HSY	D	-0.75%
SYY	C	-0.75%
BR	C	-0.75%
GPC	D	-0.75%
CINF	C	-0.74%
EG	B	-0.74%
SWKS	F	-0.73%
AIZ	B	-0.73%
FOXA	B	-0.73%
BBWI	D	-0.73%
TAP	D	-0.71%
HRL	F	-0.7%