Key stats
About VanEck Office and Commercial REIT ETF
Home page
Inception date
Sep 19, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189H7145
DESK strives to replicate a US index focused on office and commercial real estate investment trusts (REITs). REITs must satisfy market cap and revenue criteria to be eligible for inclusion. They are then ranked via a two-step process, each relying on the free-float market cap and three-month average daily trading volume of the stocks respectively. Securities are then grouped within Office and Commerical REITS and ranked again based on the sum of their ranks in each of the categories mentioned above. The top 25 Office REITs constitute the index, complemented by the top Commerical REITS if needed. The index maintains a target coverage of 25 companies at all times. It also follows a range tiered modified float-adjusted market-cap weighting scheme, capping security weight at 10% and the aggregate weight of Other Commerical REITs at 20%. A 5%-50% rule is also imposed to ensure diversification. The index undergoes quarterly rebalancing and semi-annual reconstitution.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.48%
Finance99.48%
Bonds, Cash & Other0.52%
Cash0.52%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DESK top holdings are BXP Inc and Kilroy Realty Corporation, occupying 9.64% and 9.42% of the portfolio correspondingly.
DESK last dividends amounted to 0.33 USD. The quarter before, the issuer paid 0.60 USD in dividends, which shows a 80.48% decrease.
DESK assets under management is 2.15 M USD. It's fallen 7.33% over the last month.
DESK fund flows account for 866.05 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DESK pays dividends to its holders with the dividend yield of 3.92%. The last dividend (Jul 7, 2025) amounted to 0.33 USD. The dividends are paid quarterly.
DESK shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Sep 19, 2023, and its management style is Passive.
DESK expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
DESK follows the MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DESK invests in stocks.
DESK price has risen by 11.21% over the last month, and its yearly performance shows a 1.98% increase. See more dynamics on DESK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 10.57% over the last month, showed a 4.59% increase in three-month performance and has increased by 6.71% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 10.57% over the last month, showed a 4.59% increase in three-month performance and has increased by 6.71% in a year.
DESK trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.