FlexShares Global Quality Real Estate Index Fund (GQRE)
| Assets | $384.73M |
| Expense Ratio | 0.45% |
| PE Ratio | 19.25 |
| Shares Out | 6.65M |
| Dividend (ttm) | $1.41 |
| Dividend Yield | 2.49% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 48.19% |
| 1-Year Return | +2.26% |
| Volume | 111,540 |
| Open | 56.00 |
| Previous Close | 55.76 |
| Day's Range | 56.00 - 57.12 |
| 52-Week Low | 52.42 |
| 52-Week High | 63.91 |
| Beta | 1.02 |
| Holdings | 159 |
| Inception Date | Nov 6, 2013 |
About GQRE
Fund Home PageThe FlexShares Global Quality Real Estate Index Fund (GQRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a global index of non-mortgage REITs and operating companies, selected and weighted by quality, momentum and value. GQRE was launched on Nov 6, 2013 and is issued by FlexShares.
Top 10 Holdings
31.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Simon Property Group, Inc. | SPG | 5.54% |
| AvalonBay Communities, Inc. | AVB | 4.39% |
| VICI Properties Inc. | VICI | 4.21% |
| Equity Residential | EQR | 3.40% |
| Prologis, Inc. | PLD | 2.68% |
| Essex Property Trust, Inc. | ESS | 2.54% |
| Mid-America Apartment Communities, Inc. | MAA | 2.50% |
| Cash | n/a | 2.32% |
| Kimco Realty Corporation | KIM | 2.22% |
| American Tower Corporation | AMT | 2.16% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.413 | Sep 26, 2024 |
| Jun 21, 2024 | $0.438 | Jun 27, 2024 |
| Mar 15, 2024 | $0.053 | Mar 21, 2024 |
| Dec 15, 2023 | $0.503 | Dec 21, 2023 |
| Sep 15, 2023 | $0.498 | Sep 21, 2023 |
| Jun 16, 2023 | $0.441 | Jun 23, 2023 |
News
Canadian REITs: Higher Yield Up North
For income-focused investors willing to venture outside the United States, Canadian REITs offer appealing qualities as a potential portfolio diversifier alongside their larger and more established U.S...
GQRE: Sophisticated Real Estate ETF, Not Better Than Simple Ones
FlexShares Global Quality Real Estate Index Fund ETF selects real estate companies based on quality, value and momentum. GQRE has a global strategy, but 65% of its assets are in the U.S. GQRE shows a ...
Industrial REITs: We Love Logistics
No slowdown here. After the worst year of performance on record in 2022, Industrial REITs have rebounded this year after earnings results showed a surprising re-strengthening of property-level fundame...
Apartment REITs: Tracking For Soft Landing
Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20...
Storage REITs: Downsized Demand
Despite delivering the strongest earnings growth of any property sector in 2022, Self-Storage REITs have stumbled of late amid a post-pandemic demand normalization and pressure from elevated supply gr...
Hotel REITs: Dividends Are Back
Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement f...
Industrial REITs: Shortages Become Gluts
Pressured by global recession concerns, Industrial REITs dipped by 30% in 2022 - the sector's worst year on record- snapping a seven-year streak of outperformance over the broader REIT Index. The fren...
Timber REITs: Renewable Dividends
Across the land, there are few better inflation hedges than land itself. Timber REITs own nearly 30 million acres of land, more acreage than the smallest U.S. five states combined. Truly an "organic g...
Cannabis REITs: When They Go Low, We Get High
High on Growth: Cannabis REITs are far-and-away the best-performing REIT sector of the past half-decade as the budding industry thrives in the murky and often contradictory regulatory framework of leg...
Shopping Center REITs: Bargain Hunting
Bouncing back from punishing pandemic-related declines, Shopping Center REITs are on the cusp of a full recovery across all critical metrics but Omicron introduces fresh uncertainty and also potential...
