Avantis Real Estate ETF
The fund invests primarily in a diverse group of real estate securities globally, in particular real estate investment trusts (REITs) and REIT-like entities, across a variety of property sectors. Under normal market conditions, it will invest at least 80% of its assets in securities issued by REITs and other companies engaged in the real estate industry (collectively, real estate securities). The manager may also engage in securities lending and invest the fund's collateral in eligible securities, such as a government money market fund.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +10.6% so far this year. At 0.17% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.5% |
| 1 month | -0.6% |
| 3 months | +1.0% |
| 6 months | +2.8% |
| YTD | +10.6% |
| 1 year | +7.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat AVRE on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| USRT iShares Core U.S. REIT ETF | 0.08% | $3.7B | — | -9bp on fee · 6× the assets | Head-to-head |
| VNQ Vanguard Real Estate Index Fund | 0.12% | $36.5B | — | -5bp on fee · 63× the assets | Head-to-head |
| VNQI Vanguard Global ex-U.S. Real Estate Index Fund | 0.12% | $3.6B | — | -5bp on fee · 6× the assets | Head-to-head |
| REET iShares Global REIT ETF | 0.14% | $4.7B | — | -3bp on fee · 8× the assets | Head-to-head |
| ICF iShares Cohen & Steers REIT ETF | 0.33% | $2B | — | 3× the assets | Head-to-head |