PPTY: PPTY – U.S. Diversified Real Estate ETF - MutualFunds.com
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PPTY US Dversfd Rl Est ETF

PPTY - Snapshot

Vitals

  • YTD Return 13.6%
  • 3 Yr Annualized Return 10.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $126 M
  • Holdings in Top 10 29.2%

52 WEEK LOW AND HIGH

$32.87
$22.87
$32.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare PPTY to Popular Real Estate Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$96.12

+0.22%

$67.77 B

2.73%

$2.62

13.18%

0.12%

$31.92

+0.19%

$67.77 B

-

$0.00

13.07%

0.26%

$42.43

+0.17%

$9.52 B

2.31%

$0.98

13.09%

0.20%

$23.19

+0.17%

$8.04 B

3.54%

$0.82

13.12%

0.08%

$17.33

+0.12%

$6.79 B

2.52%

$0.44

12.97%

1.13%

PPTY - Profile

Distributions

  • YTD Total Return 13.6%
  • 3 Yr Annualized Total Return 10.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.05%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PPTY – U.S. Diversified Real Estate ETF
  • Fund Family Name
    PPTY
  • Inception Date
    Mar 26, 2018
  • Shares Outstanding
    4000000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Austin Wen

Fund Description

Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.


PPTY - Performance

Return Ranking - Trailing

Period PPTY Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -1.4% 18.6% 21.55%
1 Yr 35.5% -2.1% 111.8% 43.36%
3 Yr 10.4%* -5.2% 24.0% 36.86%
5 Yr N/A* -1.3% 19.5% N/A
10 Yr N/A* 4.1% 15.9% N/A

* Annualized

Return Ranking - Calendar

Period PPTY Return Category Return Low Category Return High Rank in Category (%)
2020 -10.7% -53.9% 35.0% 66.92%
2019 25.8% -0.8% 43.1% 10.85%
2018 N/A -44.0% 4.9% N/A
2017 N/A -16.4% 25.4% N/A
2016 N/A -13.1% 340.0% N/A

Total Return Ranking - Trailing

Period PPTY Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -1.4% 18.6% 21.55%
1 Yr 35.5% -6.3% 111.8% 37.76%
3 Yr 10.4%* -5.2% 24.0% 32.85%
5 Yr N/A* -1.6% 19.5% N/A
10 Yr N/A* 4.1% 15.9% N/A

* Annualized

Total Return Ranking - Calendar

Period PPTY Return Category Return Low Category Return High Rank in Category (%)
2020 -10.7% -53.9% 35.0% 66.92%
2019 25.8% -0.8% 43.1% 10.85%
2018 N/A -43.3% 4.9% N/A
2017 N/A -13.6% 31.4% N/A
2016 N/A -12.3% 13.4% N/A

PPTY - Holdings

Concentration Analysis

PPTY Category Low Category High PPTY % Rank
Net Assets 126 M 1.1 M 67.8 B 72.18%
Number of Holdings 107 17 521 13.89%
Net Assets in Top 10 36.6 M 405 K 30.4 B 79.86%
Weighting of Top 10 29.15% 15.7% 96.2% 94.95%

Top 10 Holdings

  1. VEREIT Inc 3.90%
  2. AvalonBay Communities Inc 3.87%
  3. Prologis Inc 3.76%
  4. Equity Residential 3.25%
  5. Boston Properties Inc 3.19%
  6. American Homes 4 Rent Class A 2.68%
  7. Equinix Inc 2.56%
  8. American Assets Trust Inc 2.53%
  9. Terreno Realty Corp 2.41%
  10. Easterly Government Properties Inc 2.34%

Asset Allocation

Weighting Return Low Return High PPTY % Rank
Stocks
99.73% 2.36% 104.05% 19.79%
Cash
0.27% -97.72% 19.88% 75.00%
Preferred Stocks
0.00% 0.00% 36.96% 29.86%
Other
0.00% -6.19% 95.23% 38.89%
Convertible Bonds
0.00% 0.00% 6.50% 24.65%
Bonds
0.00% -13.28% 95.13% 29.17%

Stock Sector Breakdown

Weighting Return Low Return High PPTY % Rank
Real Estate
94.20% 36.94% 100.00% 87.91%
Consumer Cyclical
5.49% 0.00% 41.47% 7.33%
Healthcare
0.31% 0.00% 36.29% 2.56%
Utilities
0.00% 0.00% 8.05% 22.71%
Technology
0.00% 0.00% 18.55% 28.57%
Industrials
0.00% 0.00% 10.48% 29.30%
Financial Services
0.00% 0.00% 37.05% 29.67%
Energy
0.00% 0.00% 17.72% 20.51%
Communication Services
0.00% 0.00% 9.85% 24.18%
Consumer Defense
0.00% 0.00% 3.93% 21.25%
Basic Materials
0.00% 0.00% 14.33% 22.34%

Stock Geographic Breakdown

Weighting Return Low Return High PPTY % Rank
US
99.73% 2.36% 101.88% 16.67%
Non US
0.00% -2.02% 32.33% 45.14%

PPTY - Expenses

Operational Fees

PPTY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.07% 30.10% 88.48%
Management Fee 0.53% 0.00% 1.67% 20.07%
12b-1 Fee 0.00% 0.00% 1.00% 3.57%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PPTY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PPTY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PPTY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 1.54% 235.00% 11.55%

PPTY - Distributions

Dividend Yield Analysis

PPTY Category Low Category High PPTY % Rank
Dividend Yield 1.24% 0.00% 5.11% 6.57%

Dividend Distribution Analysis

PPTY Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

PPTY Category Low Category High PPTY % Rank
Net Income Ratio 2.05% -2.55% 6.70% 28.57%

Capital Gain Distribution Analysis

PPTY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PPTY - Fund Manager Analysis

Managers

Austin Wen


Start Date

Tenure

Tenure Rank

Mar 26, 2018

3.02

3.0%

Austin Wen, CFA has seven years of investment management experience. Mr. Wen is a Portfolio Manager at Vident, specializing in portfolio management and trading of equity portfolios and commodities based portfolios, as well as risk monitoring and investment analysis. Previously, Mr. Wen was an analyst for Vident Financial, working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a BA in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.

Rafael Zayas


Start Date

Tenure

Tenure Rank

Jun 19, 2020

0.78

0.8%

Rafael Zayas, CFA, is a portfolio manager. Mr. Zayas became SVP, Head of Portfolio Management and Trading in June 2020. From 2017 to 2020, he was a Senior Portfolio Manager – International Equity at Vident and has over 15 years of experience that includes managing international equity portfolios, including in emerging and frontier markets. Prior to joining Vident, he was a Portfolio Manager – Direct Investments for seven years at Russell Investments, a global asset manager, where he co-managed more than $4 billion in quantitative strategies across global markets, including the Russell Strategic Call Overwriting Fund, a mutual fund. Mr. Zayas also helped Russell Investments launch its sponsored ETF initiative and advised on index methodologies. Prior to joining Russell Investments, Mr. Zayas was a Portfolio Manager – Equity Indexing at Mellon Capital Management, where he managed assets for internationally listed global equity ETFs. Mr. Zayas graduated with a B.S. in Electrical Engineering from Cornell University and obtained a Certificate in Computational Finance and Risk Management from the University of Washington. He also attained the Chartered Financial Analyst designation in 2010.

Ryan Dofflemeyer


Start Date

Tenure

Tenure Rank

Dec 22, 2020

0.27

0.3%

Ryan Dofflemeyer, ProShare Advisors: Portfolio Manager since January 2011, and a registered associated person and an NFA associate member of ProShares Capital Management LLC since October 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.26 7.82 1.51