WisdomTree New Economy Real Estate ETF
Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index selects constituents from a parent universe of global equity securities, including ADRs, of listed real estate investment trusts (“REITs”) and companies identified as being significantly real estate related. The fund is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +10.7% so far this year. At 0.58% 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 | -3.4% |
| 1 month | -0.3% |
| 3 months | -7.6% |
| 6 months | +2.6% |
| YTD | +10.7% |
| 1 year | +18.8% |
| 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 WTRE 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 | — | -50bp on fee · 185× the assets | Head-to-head |
| VNQ Vanguard Real Estate Index Fund | 0.12% | $36.5B | — | -46bp on fee · 1807× the assets | Head-to-head |
| VNQI Vanguard Global ex-U.S. Real Estate Index Fund | 0.12% | $3.6B | — | -46bp on fee · 180× the assets | Head-to-head |
| REET iShares Global REIT ETF | 0.14% | $4.7B | — | -44bp on fee · 232× the assets | Head-to-head |
| ICF iShares Cohen & Steers REIT ETF | 0.33% | $2B | — | -25bp on fee · 100× the assets | Head-to-head |