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The Fund seeks to track the investment results of an index composed of global real estate equities in developed and emerging markets, the FTSE EPRA/NAREIT Global REIT Index. The Index is designed to track the performance of publicly-listed real estate investment trusts in both developed and emerging markets.
Is REET's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
iShares Global REIT ETF primarily tracks global real estate equities, with about 30% exposure to non-US markets. My cautious stance on REET has been validated, as its returns have lagged the broader market over the past year. Real estate has relative value against the S&P 500, suggesting positions here have merit.
In my opinion, iShares Global REIT ETF faces a tougher outlook, not because high rates hurt all REITs, but because inflation and higher-yielding Treasuries erode its relative appeal. With CPI at 3.4%, REET's trailing 12-month distribution yield of 3.62% delivers almost no real return. And int-duration Treasuries yield above 4% with positive real yields, which could reduce in my opinion demand for REITs and limit price appreciation potential.
iShares Global REIT ETF (NYSEARCA:REET - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 640,620 shares, a decline of 48.8% from the August 31st total of 1,250,349 shares. Currently, 0.4% of the company's shares are short
Corient Private Wealth LP lowered its holdings in shares of iShares Global REIT ETF (NYSEARCA:REET) by 8.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 279,868 shares of the company's stock after selling 25,145 shares during the
iShares Global REIT ETF manages $5 billion in assets, offering significantly higher liquidity than FlexShares Global Quality Real Estate Index Fund. FlexShares Global Quality Real Estate Index Fund provides a higher trailing-12-month dividend yield of 4.3% compared to 3.4% for the iShares fund.