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ETFs

Tidal ETF Trust Private Real Estate Strategy via Liquid REITs ETF

PRVT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 12 2023
Expense Ratio
0.59%
Type
US Equities
Fund Owner
Armada ETF Advisors
Volume (1m avg. daily)
$23,691
AUM
$2,806,110
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CPT
Camden Property Trust
8.54%
MAA
Mid-America Apartment Communities, Inc.
8.35%
PLD
Prologis Inc
8.02%
IRT
Independence Realty Trust Inc
7.95%
VICI
VICI Properties Inc
6.39%
UDR
UDR Inc
5.69%
TRNO
Terreno Realty Corp
4.97%
EGP
Eastgroup Properties, Inc.
4.77%
REXR
Rexford Industrial Realty Inc
4.76%
AMH
American Homes 4 Rent - Ordinary Shares - Class A
4.71%
Invest with PRVT

What is PRVT?

The Private Real Estate Strategy via Liquid REITs ETF is an actively-managed exchange-traded fund incorporated in the USA. PRVT seeks to achieve its investment objective of total return by investing in publicly traded real estate investment trusts, also known as REITs, that derive their revenue from ownership and/or management of commercial real estate properties. The ETF will invest in a diversified portfolio of publicly-traded real estate investment trusts ("REITs") and mortgage-backed securities ("MBS") listed primarily on U.S. stock exchanges, and to a lesser extent, stock exchanges in Canada, Europe, and Asia.

ETFs related toPRVT

ETFs correlated to PRVT include RWR, BBRE, USRT

PRVT
Tidal ETF Trust - Private Real Estate Strategy via Liquid REITs ETF
RWR
SPDR Series Trust - SPDR DJ Wilshire REIT ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
DFAR
Dimensional ETF Trust - Dimensional US Real Estate ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
RSPR
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Real Estate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPRVT

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with PRVT using Composer

FAQ

PRVT is a US Equities ETF. The Private Real Estate Strategy via Liquid REITs ETF is an actively-managed exchange-traded fund incorporated in the USA. PRVT seeks to achieve its investment objective of total return by investing in publicly traded real estate investment trusts, also known as REITs, that derive their revenue from ownership and/or management of commercial real estate properties. The ETF will invest in a diversified portfolio of publicly-traded real estate investment trusts ("REITs") and mortgage-backed securities ("MBS") listed primarily on U.S. stock exchanges, and to a lesser extent, stock exchanges in Canada, Europe, and Asia.

Yes, PRVT is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, PRVT is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PRVT is -0.0503%. This is the percent change in the value of PRVT over the most recent 1-month period. The 3-month return on PRVT is -0.0556%. This is the percent change in the value of PRVT over the most recent 3-month period.

ETFs similar to PRVT include XLI, XLY, and XLV.

ETFs correlated to PRVT include RWR, BBRE, and USRT.

ETFs that are inversely correlated to PRVT include DRV, SRS, and FAZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.