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About U.S. Diversified Real Estate ETF
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Inception date
Mar 26, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Vident Asset Management
Distributor
ALPS Distributors, Inc.
PPTY provides a different approach to real estate exposure. By design, the fund seeks diversification by property type and location, while favoring companies that use leverage prudently. Externally managed companies are excluded, as are those with few public shares available. The index targets the largest metropolitan areas in the US by population and productivity, skewing towards the larger metro areas. Within each area, the index assigns fixed weights to eleven different property types: residential (19%), office (17.5%), industrial (14.5%), retail (14.5%), hotel (7.5%), health care (7.5%), data center (7.5%), diversified (7.5%), self-storage (2%), manufactured home (2%), and student housing (0.5%). The index reduces allocations proportionally to any company that exceeds its leverage target, which is established by property type. The Index is reconstituted and rebalanced semi-annually. Prior to Sep. 7, 2021, the fund was traded under the name PPTY-U.S. Diversified Real Estate ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.16%
Finance93.31%
Consumer Services5.55%
Health Services0.30%
Bonds, Cash & Other0.84%
Cash0.84%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PPTY invests in stocks. The fund's major sectors are Finance, with 93.31% stocks, and Consumer Services, with 5.55% of the basket. The assets are mostly located in the North America region.
PPTY top holdings are Digital Realty Trust, Inc. and AvalonBay Communities, Inc., occupying 3.86% and 3.85% of the portfolio correspondingly.
PPTY last dividends amounted to 0.30 USD. The quarter before, the issuer paid 0.54 USD in dividends, which shows a 81.34% decrease.
PPTY assets under management is 38.11 M USD. It's fallen 9.14% over the last month.
PPTY fund flows account for −94.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PPTY pays dividends to its holders with the dividend yield of 3.63%. The last dividend (Apr 17, 2025) amounted to 0.30 USD. The dividends are paid quarterly.
PPTY shares are issued by MM VAM LLC under the brand Vident. The ETF was launched on Mar 26, 2018, and its management style is Passive.
PPTY expense ratio is 0.53% meaning you'd have to pay 0.53% of your investment to help manage the fund.
PPTY follows the USREX - U.S. Diversified Real Estate Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PPTY invests in stocks.
PPTY price has fallen by −1.89% over the last month, and its yearly performance shows a −1.09% decrease. See more dynamics on PPTY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.39% over the last month, showed a 9.63% increase in three-month performance and has increased by 4.81% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.39% over the last month, showed a 9.63% increase in three-month performance and has increased by 4.81% in a year.
PPTY trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.