VanEck Office and Commercial REIT ETF (DESK)
| Assets | $2.12M |
| Expense Ratio | 0.52% |
| PE Ratio | 28.85 |
| Shares Out | 60,000 |
| Dividend (ttm) | $1.67 |
| Dividend Yield | 3.88% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 111.95% |
| Volume | 353 |
| Open | 42.94 |
| Previous Close | 42.94 |
| Day's Range | 42.45 - 42.94 |
| 52-Week Low | 33.17 |
| 52-Week High | 47.50 |
| Beta | 1.28 |
| Holdings | 26 |
| Inception Date | Sep 19, 2023 |
About DESK
Fund Home PageThe VanEck Office and Commercial REIT ETF (DESK) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a tiered modified market-cap weighted index composed of US-listed Office and Commercial REITs. The fund targets the top 25 highest ranked Office and Commerical REITs based on market cap and liquidity DESK was launched on Sep 19, 2023 and is issued by VanEck.
Top 10 Holdings
67.15% of assets| Name | Symbol | Weight |
|---|---|---|
| BXP, Inc. | BXP | 9.88% |
| Kilroy Realty Corporation | KRC | 9.31% |
| Vornado Realty Trust | VNO | 9.31% |
| Cousins Properties Incorporated | CUZ | 8.55% |
| SL Green Realty Corp. | SLG | 8.09% |
| Douglas Emmett, Inc. | DEI | 4.77% |
| COPT Defense Properties | CDP | 4.61% |
| Simon Property Group, Inc. | SPG | 4.35% |
| Highwoods Properties, Inc. | HIW | 4.30% |
| Prologis, Inc. | PLD | 3.98% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.330 | Jul 7, 2025 |
| Apr 1, 2025 | $0.5956 | Apr 4, 2025 |
| Dec 27, 2024 | $0.4095 | Dec 30, 2024 |
| Oct 1, 2024 | $0.3314 | Oct 4, 2024 |
| Jul 1, 2024 | $0.406 | Jul 5, 2024 |
| Apr 1, 2024 | $0.479 | Apr 5, 2024 |
Performance
DESK had a total return of 7.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.21%.
News
Office Market Experiencing 'An Existential Crisis'
The market's optimism about the economy may be overlooking red flags, including sticky inflation and the potential for an aggressive easing cycle. The office real estate sector is facing significant c...
VanEck Launches Office and Commercial REIT ETF (DESK)
NEW YORK--(BUSINESS WIRE)--VanEck is today launching the VanEck Office and Commercial REIT ETF (DESK), the only ETF that offers focused exposure to U.S. office REITs.