DTRE
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE tracks an index of REITs focused on disruptive technology business segments including rapid data transfer, data handling and e-commerce warehousing.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
60 bp
EXPENSES
$108.4 M
ASSETS UNDER MGMT
Fund Basics
Fund sponsor | First Trust Advisors LP |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Aug 27, 2007 |
Assets (mns) | $108 |
Expense ratio | 60 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
AMERICAN TOWER CORP-CL A | 7.3 % |
CROWN CASTLE INTL CORP | 6.9 % |
DIGITAL REALTY TRUST INC | 6.8 % |
PROLOGIS INC | 6.6 % |
SBA COMMUNICATIONS CORP. CLASS A | 6.5 % |
EQUINIX INC | 6.5 % |
AMERICOLD REALTY TRUST | 4.7 % |
TERRENO REALTY CORP | 4.5 % |
EASTGROUP PROPERTIES INC | 4.4 % |
SEGRO PLC | 4.4 % |
Constituent Breakdown
Number of holdings | 218 |
Herfindahl-Hirschman Index | 480 |
Wgt avg mkt cap (mns) | $27,196 |
Large cap (>$10bn) | 45.9% |
Mid cap ($2-10bn) | 50.5% |
Small cap (<$2bn) | 3.6% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 75.3 % | |
JAPAN | 8.7 % | |
BRITAIN | 7.0 % | |
SINGAPORE | 5.4 % | |
HONG KONG | 2.1 % | |
BELGIUM | 0.9 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | -10.4% | -2.2% | -1.9% | -6.4% | -1.5% | 1.6% | 1.7% | Volatility | 17.0% | 18.7% | 21.4% | 19.8% | 22.7% | 18.4% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.07 | 77% |
MSCI EAFE | 1.09 | 75% |
MSCI Emg Mkts | 0.85 | 47% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.88% |
ADV of underlying (mns) | $4,402 |
Technical Indicators
Recent close | $40.79 |
30d moving avg. | $39.33 |
Annualized volatility | 21.9% |
Relative strength (RSI) | 48 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. DTRE |
Expenses vs. DTRE |
ALTAR Score™ vs. DTRE |
---|---|---|---|---|
ROOF | IQ CBRE NextGen Real Estate ETF | 50.0% | 0 bp | +3.4% |
WTRE | WisdomTree New Economy Real Estate Fund | 47.7% | -2 bp | +1.3% |
INDS | Pacer Industrial Real Estate ETF | 40.5% | -5 bp | +1.9% |
DTCR | Global X Data Center & Digital Infrastructure ETF | 36.9% | -10 bp | -0.9% |
BYRE | Principal Real Estate Active Opportunities ETF | 36.9% | +5 bp | +2.0% |
JPRE | JPMorgan Realty Income ETF | 36.5% | -10 bp | +2.2% |
IVRA | Invesco Real Assets ESG ETF | 35.7% | -1 bp | +2.9% |
SRVR | Pacer Data & Infrastructure Real Estate ETF | 35.5% | -5 bp | -1.5% |
PSR | Invesco Active U.S. Real Estate Fund | 35.2% | -25 bp | +3.0% |
FPRO | Fidelity Real Estate Investment ETF | 34.2% | -1 bp | +1.9% |
Risk and Returns: DTRE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
DTRE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
DTRE
3.6%
Cat. Avg
4.0%
Fund Category: Global
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 3.6% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 352 funds in the Global category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.8%. DTRE's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places DTRE in the 46th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
DTRE
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
Peer Group | Rules-Based Global Equity ETFs |
# of ETFs | 191 |
Avg. Expense Ratio | 55.4 bp |
Std. Deviation | 17.5 bp |
DTRE (60 bp) Percentile rank | 60 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
DTRE | 60.0 | 87.7 | 147.7 |
Peer Avg. | 56.7 | 40.3 | 97.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .