NYLI CBRE NextGen Real Estate ETF (ROOF)
| Assets | $36.61M |
| Expense Ratio | 0.60% |
| PE Ratio | 26.87 |
| Shares Out | n/a |
| Dividend (ttm) | $0.57 |
| Dividend Yield | 2.76% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Frequency | Quarterly |
| Payout Ratio | 74.22% |
| Volume | 14,372 |
| Open | 20.69 |
| Previous Close | 20.80 |
| Day's Range | 20.67 - 20.75 |
| 52-Week Low | 18.14 |
| 52-Week High | 22.69 |
| Beta | n/a |
| Holdings | 100 |
| Inception Date | Jun 14, 2011 |
About ROOF
The NYLI CBRE NextGen Real Estate ETF (ROOF) is an exchange-traded fund that is based on the NYLI CBRE NextGen Real Estate index. The fund tracks a tier-weighted index of developed market companies classified under real estate sectors that are expected to benefit from trends affecting property sectors in the global economy. ROOF was launched on Jun 14, 2011 and is issued by New York Life Investments.
Top 10 Holdings
45.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Digital Realty Trust, Inc. | DLR | 5.57% |
| Welltower Inc. | WELL | 5.16% |
| Equinix, Inc. | EQIX | 5.10% |
| Keppel DC REIT | AJBU | 4.73% |
| Prologis, Inc. | PLD | 4.67% |
| SBA Communications Corporation | SBAC | 4.48% |
| American Tower Corporation | AMT | 4.41% |
| Crown Castle Inc. | CCI | 4.30% |
| Uniti Group Inc. | UNIT | 4.25% |
| AvalonBay Communities, Inc. | AVB | 2.85% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.16284 | Sep 25, 2024 |
| Jun 21, 2024 | $0.1972 | Jun 26, 2024 |
| Mar 15, 2024 | $0.08696 | Mar 21, 2024 |
| Dec 15, 2023 | $0.12601 | Dec 21, 2023 |
| Sep 15, 2023 | $0.15215 | Sep 21, 2023 |
| Jun 16, 2023 | $0.17518 | Jun 23, 2023 |
Performance
ROOF had a total return of 15.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.33%.
News
The State Of REITs: June 2024 Edition
After a rough start to the year, REITs partially bounced back in May with a +2.51% average total return. Small-cap REITs (-0.48%) averaged a negative return in May, but micro caps (+5.09%), large caps...
Wall Street is divided on the outlook for US house prices. Here's what 6 experts have recently said.
Wall Street experts differ in their outlooks for America's housing market. Wharton professor Jeremy Siegel, real estate tycoon Jeff Greene, and others have warned that home prices will drop, while ot...
The State Of REITs: April 2023 Edition
The REIT sector fell again in March with a -6.11% total return. Large cap (-1.99%) and mid cap (-4.56%) REITs saw modestly negative total returns in March, while small caps (-6.76%) and micro caps (-1...
ROOF: A High-Yielding, Small-AUM ETF Investing In Most Sought-After REITs
IQ U.S. Real Estate Small Cap ETF has a low asset base, but its portfolio consists of well-known REITs which are sought-after by investors interested in real estate. ROOF's investments in Industrial, ...
The State Of REITs: November 2022 Edition
The REIT sector achieved only its 3rd month in the black out of the first 10 months of 2022 with a +8.69% total return in October. Large cap REITs (+2.92%) averaged small gains, micro caps (+7.36%) an...
It's time to buy REITS to hedge against inflation, even though the real estate sector has struggled so far this year, says investment research firm
The S&P 500 Real Estate sector has struggled this year amid recession concerns and rising bond yields.
Barclays analyst Lea Overby calls out potential red flags for commercial real estate
Lea Overby, Barclays analyst, joins 'The Exchange' to discuss the company's latest survey, which stated that global office demand could drop 10 to 20 percent due to the shift to hybrid work. For acces...
‘Wealth Creation Through Housing Is Not Guaranteed': Here Are the Most Overvalued Housing Markets in America
A new report from researchers at Florida Atlantic University and Florida International University examined which housing markets nationwide are most overvalued.
Real estate pro Ivy Zelman sees the housing market staying hot after a strong 2021
Ivy Zelman, Zelman and Associates CEO, joins 'Closing Bell' to discuss how supply chain challenges are affecting the housing markets, why the booming housing market is lasting longer than she expected...
Inflation is real, buy real estate, says Bill Smead
Bill Smead, Smead Capital Management CIO, joins 'The Exchange' to discuss the homebuilder stocks.
Real estate expert warns of commercial 'bloodbath'
The Commercial Academy J. Scott Scheel discusses the massive defaults that will hit the commercial real estate industry.
Home price growth slows for third straight month
Yahoo Finance's Dani Romero discusses the slowdown in home price growth and how the pandemic has pushed many Americans into suburban homes. Don't Miss: Valley of Hype: The Culture That Built Elizabeth...
Housing Construction Performed Well In November
Total housing starts rose to a 1.679 million annual rate in November from a 1.502 million pace in October, an 11.8 percent increase. Starts of multifamily structures with five or more units increased ...
Real estate outlook for 2022: Are there signs the housing market may be cooling off?
Yahoo Finance's Alexis Christoforous speaks with CFRA Research's Ken Leon to discuss housing market trends and the the outlook for 2022. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Ho...
Commercial real estate sales skyrocket amid the coronavirus pandemic: Report
In an exclusive interview with Yahoo Finance, Grant Cardone, Entrepreneur and Author, discusses the recent surge in commercial real estate sales amid the Covid-19 pandemic. Don't Miss: Valley of Hype:...
Housing Prices Continue To Soar In Many Countries Around The World
While most economic indicators deteriorated last year, house prices largely shrugged off the effects of the pandemic. Of the over 60 countries that enter into the IMF's Global House Price Index, three...
Here's where Ivy Zelman sees the housing market headed
Ivy Zelman, CEO of Zelman and Associates, joins Closing Bell to talk about the housing market and where she sees it going from here. "We believe we're already actually overbuilding in single family [h...