SPDR Dow Jones REIT ETF
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to provide a measure of real estate securities that serve as proxies for direct real estate investing, in part by excluding securities whose value is not always closely tied to the value of the underlying real estate.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$213M OVER THIS RANGE
Money keeps arriving — +$35M of net buying over the past month, about 1.9% of the fund's asset base, while the price has returned +16.3% so far this year. At 0.25% a year it is not the cheapest way in — VNQ runs the same ground at 0.12%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.0% |
| 1 month | -2.0% |
| 3 months | +2.9% |
| 6 months | +7.5% |
| YTD | +16.3% |
| 1 year | +15.3% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | −$17M |
| 1 month | +$35M |
| 3 months | −$23M |
| YTD | −$97M |
| 1 year | −$213M |
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 RWR 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 | — | -17bp on fee · 2× the assets | Head-to-head |
| VNQ Vanguard Real Estate Index Fund | 0.12% | $36.5B | — | -13bp on fee · 20× the assets | Head-to-head |
| VNQI Vanguard Global ex-U.S. Real Estate Index Fund | 0.12% | $3.6B | — | -13bp on fee · 2× the assets | Head-to-head |
| REET iShares Global REIT ETF | 0.14% | $4.7B | — | -11bp on fee · 3× the assets | Head-to-head |
| IDGT iShares Trust - iShares U.S. Digital Infrastructure and Real Estate ETF | 0.41% | $547M | +$21M | +$21M in over the month | Head-to-head |