RIET
Hoya Capital High Dividend Yield ETF
RIET tracks an index of 100 high-dividend-paying, US-listed common and preferred stocks of REITs and real estate operating companies.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
94.7 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | Pettee Investors |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 21, 2021 |
| Assets (mns) | $95 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fixed |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| KILROY REALTY CORP | 2.0 % |
| HEALTHCARE REALTY TRUST INC | 1.8 % |
| OMEGA HEALTHCARE INVESTORS | 1.8 % |
| ANNALY CAPITAL MANAGEMENT IN | 1.7 % |
| OUTFRONT MEDIA INC. | 1.7 % |
| AGNC INVESTMENT CORP. | 1.7 % |
| CITY OFFICE REIT, INC. | 1.6 % |
| SABRA HEALTH CARE REIT INC | 1.6 % |
| BOSTON PROPERTIES INC | 1.6 % |
| WP CAREY INC | 1.6 % |
Constituent Breakdown
| Number of holdings | 70 |
| Herfindahl-Hirschman Index | 123 |
| Wgt avg mkt cap (mns) | $3,598 |
| Large cap (>$10bn) | 11.1% |
| Mid cap ($2-10bn) | 26.1% |
| Small cap (<$2bn) | 51.4% |
| Developed mkts. | 89.3% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 89.7 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -6.4% | -12.7% | -3.1% | -6.8% | -- | -- | -- | -11.2% |
| Dividend Yield | 9.6% | 9.7% | 10.4% | 9.9% | -- | -- | -- | 8.8% |
| Total Returns | 3.2% | -3.0% | 7.3% | 3.1% | -- | -- | -- | -2.4% | Ann. Volatility | 16.5% | 16.5% | 17.0% | 18.7% | -- | -- | -- | 19.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.51 | 37% |
| MSCI EAFE | 0.64 | 42% |
| MSCI Emg Mkts | 0.50 | 28% |
Liquidity Measures
| Avg. volume (000) | 82 |
| ADV traded (mns) | $1 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $9.27 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.02/-0.02 |
| Bollinger Bands (Upper/Lower) | $9.45/$8.99 |
| Short interest (% of AUM) | 0.1% |
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. RIET |
Expenses vs. RIET |
ALTAR Score™ vs. RIET |
|---|---|---|---|---|
| MORT | VanEck Mortgage REIT Income ETF | 29.8% | -7 bp | +20.1% |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 28.5% | -15 bp | +6.5% |
| SRET | Global X SuperDividend REIT ETF | 26.4% | +9 bp | +12.2% |
| REM | iShares Mortgage Real Estate ETF | 25.3% | -2 bp | +22.4% |
| RDOG | ALPS REIT Dividend Dogs ETF | 25.2% | -15 bp | +10.9% |
| SDIV | Global X Superdividend ETF | 21.0% | +8 bp | +16.5% |
| BLDG | Cambria Global Real Estate ETF | 17.6% | +10 bp | +11.3% |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | 17.0% | -20 bp | +17.3% |
| NETL | NETLease Corporate Real Estate ETF | 15.4% | +10 bp | +8.4% |
| IRET | iREIT - MarketVector Quality REIT Index ETF | 13.8% | +10 bp | +7.1% |
Risk and Returns: RIET 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 12/5/2025
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
RIET
17.6%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1021 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. RIET's ALTAR Score™ is approximately
5.2 standard deviations
above
the category average. This places RIET in the 99th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
RIETSELL
U/W
HOLD
O/W
BUY