GQRE
FlexShares Global Quality Real Estate Index Fund
FlexShares Global Quality Real Estate Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Northern Trust Global Quality Real Estate Index.
Global
EQUITY
Passive
MANAGEMENT STYLE
$ 420.2 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Inception date | Nov 05, 2013 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| EQUINIX INC | 7.3 % |
| PROLOGIS INC | 4.7 % |
| WELLTOWER, INC. | 4.1 % |
| SIMON PROPERTY GROUP INC | 3.8 % |
| VICI PROPERTIES INC | 3.6 % |
| AVALONBAY COMMUNITIES INC | 3.2 % |
| EQUITY RESIDENTIAL | 3.0 % |
| SUN HUNG KAI PROPERTIES | 2.5 % |
| HOST HOTELS & RESORTS INC | 2.2 % |
| KIMCO REALTY CORP | 2.1 % |
Constituent Breakdown
| Number of holdings | 156 |
| Herfindahl-Hirschman Index | 204 |
| Wgt avg mkt cap (mns) | $33,172 |
| Large cap (>$10bn) | 55.0% |
| Mid cap ($2-10bn) | 32.4% |
| Small cap (<$2bn) | 6.7% |
| Developed mkts. | 94.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 65.1 % |
 |
JAPAN | 7.7 % |
 |
HONG KONG | 4.8 % |
 |
AUSTRALIA | 2.5 % |
 |
CANADA | 2.1 % |
 |
SWITZERLAND | 2.0 % |
 |
SINGAPORE | 1.9 % |
 |
ISRAEL | 1.9 % |
 |
FRANCE | 1.7 % |
 |
NETHERLANDS | 1.6 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.7% | 7.3% | 8.3% | 6.5% | -0.8% | 0.5% | -- | 2.0% |
| Dividend Yield | 1.1% | 5.0% | 4.8% | 4.1% | 3.4% | 3.2% | -- | 3.1% |
| Total Returns | 9.9% | 12.3% | 13.1% | 10.6% | 2.6% | 3.7% | -- | 5.1% | Ann. Volatility | 13.3% | 11.8% | 14.1% | 14.7% | 16.5% | 17.6% | -- | 16.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.41 | 18% |
| MSCI EAFE | 0.49 | 41% |
| MSCI Emg Mkts | 0.19 | 13% |
Liquidity Measures
| Avg. volume (000) | 10 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.28% |
Technical Indicators
| 30d moving avg. (EMA) | $64.81 |
| Relative strength (RSI) | 61 |
| MACD/Signal | 0.58/0.49 |
| Bollinger Bands (Upper/Lower) | $66.56/$63.55 |
| Short interest (% of AUM) | 0.0% |
Distributions
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. GQRE |
Expenses vs. GQRE |
ALTAR Score™ vs. GQRE |
|---|---|---|---|---|
| USRT | iShares Core U.S. REIT ETF | 47.6% | -37 bp | -0.3% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 45.7% | -34 bp | -0.2% |
| PPTY | US Diversified Real Estate ETF | 45.3% | +8 bp | +0.3% |
| DFAR | Dimensional US Real Estate ETF | 45.2% | -26 bp | 0.0% |
| RWR | State Street SPDR Dow Jones REIT ETF | 44.5% | -20 bp | -0.6% |
| ERET | iShares Environmentally Aware Real Estate ETF | 43.4% | -15 bp | -0.4% |
| REET | iShares Global REIT ETF | 42.9% | -31 bp | -0.2% |
| FREL | Fidelity MSCI Real Estate Index ETF | 42.8% | -37 bp | -0.1% |
| AVRE | Avantis Real Estate ETF | 42.7% | -28 bp | -0.2% |
| VNQ | Vanguard Real Estate ETF | 42.4% | -32 bp | -0.3% |
Risk and Returns: GQRE 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.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 7/27/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.3%
ALTAR SCORE™
87th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 735 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.6%. GQRE's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places GQRE in the 87th percentile
among funds in the category.
Sell-Side Consensus
$70.28
PRICE TARGET
+5.7%
UPSIDE