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Hoya Capital High Dividend Yield ETF

RIET
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2021
Expense Ratio
0.50%
Type
US Equities
Fund Owner
Hoya Capital
Volume (1m avg. daily)
$272,828
AUM
$41,269,696
Associated Index
Hoya Capital High Dividend Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

DLR
Digital Realty Trust Inc
2.01%
SLG
SL Green Realty Corp.
1.87%
BXP
Boston Properties, Inc.
1.75%
RITM
Rithm Capital Corporation
1.69%
OHI
Omega Healthcare Investors, Inc.
1.65%
STWD
Starwood Property Trust Inc
1.63%
HPP
Hudson Pacific Properties Inc
1.59%
AGNC
AGNC Investment Corp
1.56%
UNIT
Uniti Group Inc
1.55%
NLY
Annaly Capital Management Inc
1.54%
Invest with RIET

What is RIET?

Hoya Capital High Dividend Yield ETF (Ticker: RIET) invests in select high dividend yielding real estate securities. RIET expects to pay monthly distributions. RIET tracks the Hoya Capital High Dividend Yield Index, a rules-based index designed to provide diversified exposure to 100 of the highest dividend-yielding real estate securities in the United States. The multi-factor selection process incorporates a quality screen to identify real estate companies with lower leverage profiles and begins with the selection of Dividend Champions." Securities are then selected based principally on dividend yield across 14 property sectors and 3 market capitalization tiers.

ETFs related toRIET

ETFs correlated to RIET include MORT, KBWD, REM

RIET
ETF Series Solutions Trust - Hoya Capital High Dividend Yield ETF
MORT
VanEck ETF Trust - VanEck Mortgage REIT Income ETF
KBWD
Invesco Capital Management LLC - Invesco KBW High Dividend Yield Financial ETF
REM
BlackRock Institutional Trust Company N.A. - iShares Mortgage Real Estate ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
RWO
SSgA Active Trust - SPDR Dow Jones Global 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 toRIET

#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 RIET using Composer

FAQ

RIET is a US Equities ETF. Hoya Capital High Dividend Yield ETF (Ticker: RIET) invests in select high dividend yielding real estate securities. RIET expects to pay monthly distributions. RIET tracks the Hoya Capital High Dividend Yield Index, a rules-based index designed to provide diversified exposure to 100 of the highest dividend-yielding real estate securities in the United States. The multi-factor selection process incorporates a quality screen to identify real estate companies with lower leverage profiles and begins with the selection of Dividend Champions." Securities are then selected based principally on dividend yield across 14 property sectors and 3 market capitalization tiers.

RIET tracks the Hoya Capital High Dividend Yield Index.

RIET dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, RIET is not actively managed. It is passively 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.

Yes, RIET is passively 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 RIET is -0.0266%. This is the percent change in the value of RIET over the most recent 1-month period. The 3-month return on RIET is -0.0075%. This is the percent change in the value of RIET over the most recent 3-month period.

The standard deviation of RIET for the past year is 0.2314%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

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

ETFs correlated to RIET include MORT, KBWD, and REM.

ETFs that are inversely correlated to RIET include SRS, DRV, and RWM.

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.