PPTY
US Diversified Real Estate ETF
The U.S. Diversified Real Estate ETF tracks an index of fundamentally selected and weighted US-listed equities that derive income from the ownership or management of real estate.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 24.1 M
ASSETS UNDER MGMT
53 bp
EXPENSES
Fund Basics
| Inception date | Mar 26, 2018 |
| 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
Complete list +
| EQUINIX INC | 5.2 % |
| PROLOGIS INC | 4.2 % |
| DIGITAL REALTY TRUST INC | 4.1 % |
| FOUR CORNERS PROPERTY TRUST, INC. | 4.0 % |
| AVALONBAY COMMUNITIES INC | 3.5 % |
| WELLTOWER, INC. | 3.0 % |
| EQUITY RESIDENTIAL | 2.8 % |
| SIMON PROPERTY GROUP INC | 2.8 % |
| TERRENO REALTY CORP | 2.7 % |
| KILROY REALTY CORP | 2.6 % |
Constituent Breakdown
| Number of holdings | 87 |
| Herfindahl-Hirschman Index | 213 |
| Wgt avg mkt cap (mns) | $26,932 |
| Large cap (>$10bn) | 54.1% |
| Mid cap ($2-10bn) | 39.2% |
| Small cap (<$2bn) | 5.8% |
| Developed mkts. | 99.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 99.9 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.0% | -4.6% | -0.4% | 2.2% | -1.0% | -- | -- | 2.2% |
| Dividend Yield | 0.0% | 2.9% | 3.2% | 3.7% | 3.6% | -- | -- | 3.5% |
| Total Returns | 0.0% | -1.7% | 2.8% | 5.9% | 2.5% | -- | -- | 5.7% | Ann. Volatility | 14.3% | 17.7% | 16.5% | 17.1% | 18.6% | -- | -- | 22.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.63 | 46% |
| MSCI EAFE | 0.67 | 44% |
| MSCI Emg Mkts | 0.44 | 26% |
Liquidity Measures
| Avg. volume (000) | 237,400 |
| ADV traded (mns) | $7,641 |
| Turnover | 31,653.3% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $31.25 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 0.48/0.36 |
| Bollinger Bands (Upper/Lower) | $33.19/$29.13 |
| Short interest (% of AUM) | 0.1% |
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. PPTY |
Expenses vs. PPTY |
ALTAR Score™ vs. PPTY |
|---|---|---|---|---|
| RWR | State Street SPDR Dow Jones REIT ETF | 57.7% | -28 bp | -1.0% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 56.7% | -42 bp | -0.5% |
| USRT | iShares Core U.S. REIT ETF | 56.3% | -45 bp | -0.7% |
| DFAR | Dimensional US Real Estate ETF | 53.4% | -34 bp | -0.5% |
| FRI | First Trust S&P REIT Index Fund | 52.5% | -3 bp | -1.2% |
| SCHH | Schwab U.S. REIT ETF | 50.8% | -46 bp | -0.6% |
| VNQ | Vanguard Real Estate ETF | 48.7% | -40 bp | -1.0% |
| FREL | Fidelity MSCI Real Estate Index ETF | 48.5% | -45 bp | -0.8% |
| RWO | SPDR Dow Jones Global Real Estate ETF | 46.9% | -3 bp | -1.5% |
| REET | iShares Global REIT ETF | 46.4% | -39 bp | -0.7% |
Risk and Returns: PPTY 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 4/27/2026
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
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
8.3%
ALTAR SCORE™
91st
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. PPTY's ALTAR Score™ is approximately 1.4 standard
deviations above the category average. This places PPTY in the 91st percentile
among funds in the category.
Sell-Side Consensus
$35.76
PRICE TARGET
+11.1%
UPSIDE