IQ U.S. Real Estate Small Cap ETF

Frequently Asked Questions About ROOF

What does ROOF invest in?

The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector of publicly traded companies domiciled and primarily listed on an exchange in the U.S. and that invest in real estate. The fund is non-diversified.

What is the expense ratio of ROOF?

IQ U.S. Real Estate Small Cap ETF (ROOF) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ROOF?

IQ U.S. Real Estate Small Cap ETF (ROOF) manages $152.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ROOF actively managed or an index fund?

ROOF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ROOF launched?

IQ U.S. Real Estate Small Cap ETF (ROOF) launched in June 2011 and is managed by NY Life Investments.

How has ROOF performed?

ROOF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.