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About US Diversified Real Estate ETF
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Inception date
Mar 26, 2018
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
Vident Advisory LLC
Distributor
ALPS Distributors, Inc.
ISIN
US26922A5112
PPTY provides a different approach to real estate exposure. By design, the fund seeks diversification by property type and location, while favoring companies that use leverage prudently. Externally managed companies are excluded, as are those with few public shares available. The index targets the largest metropolitan areas in the US by population and productivity, skewing towards the larger metro areas. Within each area, the index assigns fixed weights to eleven different property types: residential (19%), office (17.5%), industrial (14.5%), retail (14.5%), hotel (7.5%), health care (7.5%), data center (7.5%), diversified (7.5%), self-storage (2%), manufactured home (2%), and student housing (0.5%). The index reduces allocations proportionally to any company that exceeds its leverage target, which is established by property type. The Index is reconstituted and rebalanced semi-annually. Prior to Sep. 7, 2021, the fund was traded under the name PPTY-U.S. Diversified Real Estate ETF.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PPTY assets under management is 36.92 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PPTY invests in stocks. See more details in our Analysis section.
PPTY expense ratio is 0.53%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PPTY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PPTY pays dividends to its holders with the dividend yield of 3.72%.
PPTY shares are issued by MM VAM LLC
PPTY follows the USREX - U.S. Diversified Real Estate Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 26, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.