US Diversified Real Estate ETF (PPTY)
| Assets | $50.00M |
| Expense Ratio | 0.53% |
| PE Ratio | 29.46 |
| Shares Out | 1.65M |
| Dividend (ttm) | $1.06 |
| Dividend Yield | 3.75% |
| Ex-Dividend Date | Oct 16, 2024 |
| Payout Ratio | 110.51% |
| 1-Year Return | -4.29% |
| Volume | 12,216 |
| Open | 28.02 |
| Previous Close | 28.95 |
| Day's Range | 28.02 - 28.80 |
| 52-Week Low | 27.87 |
| 52-Week High | 34.92 |
| Beta | 0.98 |
| Holdings | 93 |
| Inception Date | Mar 24, 2018 |
About PPTY
Fund Home PageThe US Diversified Real Estate ETF (PPTY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of fundamentally-selected and -weighted US-listed equities that derive income from the ownership or management of real estate. PPTY was launched on Mar 24, 2018 and is issued by Vident.
Top 10 Holdings
33.78% of assets| Name | Symbol | Weight |
|---|---|---|
| Four Corners Property Trust, Inc. | FCPT | 4.10% |
| AvalonBay Communities, Inc. | AVB | 3.97% |
| Equinix, Inc. | EQIX | 3.75% |
| Prologis, Inc. | PLD | 3.63% |
| Digital Realty Trust, Inc. | DLR | 3.25% |
| Equity Residential | EQR | 3.15% |
| US DOLLARS | n/a | 3.15% |
| Easterly Government Properties, Inc. | DEA | 3.03% |
| Welltower Inc. | WELL | 2.99% |
| Alexandria Real Estate Equities, Inc. | ARE | 2.75% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 16, 2024 | $0.54417 | Oct 17, 2024 |
| Jul 16, 2024 | $0.27114 | Jul 17, 2024 |
| Apr 16, 2024 | $0.24089 | Apr 18, 2024 |
| Dec 15, 2023 | $0.29101 | Dec 19, 2023 |
| Oct 17, 2023 | $0.30302 | Oct 19, 2023 |
| Jul 11, 2023 | $0.29815 | Jul 13, 2023 |
News
REIT Slope Adjustment Has Overshadowed Future Value Gains
Despite recent price declines, REITs' future value has increased due to higher rental rates, increased property values, and reduced competing supply. Higher market demanded returns have steepened the ...
Not All 2% Spreads Are Created Equal
Real estate investment spreads are healthier today with higher cap rates and cost of capital, enhancing long-term returns despite similar nominal spreads. Higher cap rates lead to more accretive organ...
What We're Watching This REIT Earnings Season
Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. Following a year-...
REITs Say 'Good Riddance' To 2024
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...
REITs Remain On Naughty List
U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...
The State Of REITs: December 2024 Edition
The REIT sector bounced back from a rough October with a strong +3.19% average total return in November. Small cap (+4.19%), mid cap (+3.70%), and large cap (+3.39%) REITs averaged gains in November, ...
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024
Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...
NAV Monitor: U.S. Equity REITs End November At 6.5% Median Discount
Publicly listed US equity real estate investment trusts closed Nov. 29 at a median 6.5% discount to their consensus net asset value per share estimates. The hotel sector continued to trade at the larg...
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
Vident Announces Final Capital Gains Distributions
ATLANTA--(BUSINESS WIRE)--Vident Asset Management today announced that there are no expected capital gains distributions for the funds in its fund family.
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
The State Of REITs: October 2024 Edition
REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...
The State Of REITs: July 2024
The REIT sector continued to recover in June with a +1.12% average total return, but closed out the first half of the year in the red (-3.86%). Micro cap REITs (-3.79%) averaged a negative total retur...