Fund Summary
Hoya Capital High Dividend Yield ETF (Ticker: RIET) invests in select high dividend yielding real estate securities. RIET expects to pay monthly distributions.¹
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.
Investment Objective
RIET seeks to track the performance, before fees and expenses, of the Hoya Capital High Dividend Yield Index ("RIET Index"), a rules-based index that is designed to provide diversified exposure to 100 U.S.-listed real estate-related securities that collectively provide income through high dividend yields.
The RIET Index includes U.S. exchange-listed common and preferred securities issued by Real Estate Investment Trusts ("REITs") and real estate operating companies.
An Award-Winning ETF Issuer
Hoya Capital is an award-winning ETF issuer, winning the Most Innovative & Successful ETF Launch of 2019 by ETF Express. Hoya Capital was also named one of five finalists for three awards by ETF.com including Best New US Equity ETF and was named one of five finalists by ETF.com for New ETF Issuer of the Year.³
Factsheet
XBRL FileWhy Invest in RIET?
Access the Income Potential of Real Estate
High Income Potential
Access 100 select real estate securities providing current income through high dividend yields.
Monthly Distributions
RIET intends to make distributions on a monthly basis, providing a regular source of portfolio income.¹
Portfolio Diversification
Real income-producing assets offer the opportunity for capital preservation and inflation hedging.²
Award-Winning ETF Issuer
RIET is advised by Hoya Capital, an award-winning ETF issuer & real estate investment specialist.³| FUND DATA & PRICING | |
|---|---|
| Net Assets as of 11/29/2024 | $91.86m |
| NAV | $10.83 |
| Shares Outstanding | 8,480,000 |
| Premium/discount Percentage | -0.12% |
| Closing Price | $10.82 |
| Median 30 Day Spread | 0.10% |
Data as of 11/29/2024
*The Adviser contractually agreed to waive 0.25% of its management fee until 9/30/2022, after which it will reverted to 0.50%. Performance and yields would have been lower without fee waivers and/or reimbursements in effect.
30-Day SEC Yield: A standard yield calculation developed by the Securities and Exchange Commission that allows for comparisons between funds. The yield figure reflects the dividends and interest earned during the period after the deduction of the fund's expenses. It is also referred to as the "standardized yield." The 30-Day unsubsidized SEC Yield does not reflect any fee waivers/reimbursements/limits in effect. It is calculated as of the most recent month end.
12-Month Trailing Yield: The distribution yield an investor would have received if they had held the fund over the last twelve months, assuming the most recent NAV. The 12-Month Trailing Yield is calculated by summing any income, capital gains, and return of capital distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gains made over the same period.
Distribution Yield: The annual yield an investor would receive if the most recent fund distribution remained the same going forward. The yield represents a single distribution from the fund and does not represent total return of the fund. The distribution yield is calculated by annualizing the most recent distributions and dividing by the most recent fund NAV.
Index Dividend Yield: The weighted average of the underlying indicated annual dividend divided by price, expressed as a percentage. The indicated annual dividend is calculated as the most recent regular cash dividend multiplied by the distribution frequency. Source: Bloomberg. Calculated as of the most recent month end.
| MONTH END PERFORMANCE | Month end returns as of 10/31/2024 | |||||
|---|---|---|---|---|---|---|
| Month | Quarter | YTD | 1-Year | 3-Year | Since Inception | |
| RIET Market Value | -4.07% | 1.69% | 5.66% | 31.28% | -2.95% | -1.68% |
| RIET Fund NAV | -4.12% | 1.65% | 5.63% | 30.86% | -2.96% | -1.74% |
| RIET Index | -4.12% | 1.77% | 6.13% | 31.96% | -2.47% | -1.24% |
| Benchmark | -3.49% | 5.11% | 9.74% | 34.30% | -0.47% | 0.65% |
| QUARTER END PERFORMANCE | Quarter end returns as of 9/30/2024 | |||||
|---|---|---|---|---|---|---|
| Month | Quarter | YTD | 1-Year | 3-Year | Since Inception | |
| RIET Market Value | 3.42% | 14.26% | 10.15% | 26.73% | -0.25% | -0.36% |
| RIET Fund NAV | 3.40% | 14.14% | 10.17% | 26.80% | -0.22% | -0.41% |
| RIET Index | 3.49% | 14.51% | 10.69% | 27.79% | 0.31% | 0.10% |
| Benchmark | 3.24% | 17.08% | 13.72% | 34.17% | 3.05% | 1.86% |
Inception Date: 9/21/2021
The performance data quoted represents past performance. Past performance does not guarantee future results. Returns for periods of less than one year are not annualized. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. You cannot invest directly in an index.
ETFs shares may be bought and sold in the secondary market at market prices and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Although it is expected that the market price of Shares will approximate the Fund's NAV, there may be times when the market price of Shares is more than the NAV intra-day (premium) or less than the NAV intra-day (discount) due to supply and demand of Shares or during periods of market volatility.
Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Index: Hoya Capital High Dividend Yield Index seeks to provide diversified exposure to 100 of the highest dividend yielding real estate securities in the United States, utilizing a rules-based methodology to select U.S. exchange-listed real estate securities that collectively provide income through high dividend yields.
Benchmark: The Dow Jones US Real Estate Index is designed to track the performance of real estate investment trusts (REIT) and other companies that invest directly or indirectly in real estate through development, management, or ownership, including property agencies.
| TOP 10 HOLDINGS | Download Full Holdings | ||||
|---|---|---|---|---|---|
| Percentage Of Net Assets | Name | Identifier | CUSIP | Shares Held | Market Value |
| 1.99% | Uniti Group Inc | UNIT | 91325V108 | 308,892 | 1,825,551.72 |
| 1.87% | BXP Inc | BXP | 101121101 | 20,927 | 1,715,804.73 |
| 1.75% | Omega Healthcare Investors Inc | OHI | 681936100 | 39,590 | 1,607,749.90 |
| 1.74% | Kilroy Realty Corp | KRC | 49427F108 | 38,424 | 1,595,748.72 |
| 1.71% | National Storage Affiliates Trust | NSA | 637870106 | 34,842 | 1,571,374.20 |
| 1.65% | Simon Property Group Inc | SPG | 828806109 | 8,273 | 1,518,922.80 |
| 1.62% | Extra Space Storage Inc | EXR | 30225T102 | 8,709 | 1,488,890.64 |
| 1.59% | Healthcare Realty Trust Inc | HR | 42226K105 | 79,899 | 1,463,749.68 |
| 1.58% | Equity Residential | EQR | 29476L107 | 18,956 | 1,453,166.96 |
| 1.57% | Gaming and Leisure Properties Inc | GLPI | 36467J108 | 28,015 | 1,445,854.15 |
Data as of 12/02/2024. Subject to change without notice.
| DISTRIBUTION DETAIL | |||
|---|---|---|---|
| EX- Date | Record Date | Payable Date | Amount |
| 10/19/2021 | 10/20/2021 | 10/21/2021 | $0.0835 |
| 11/16/2021 | 11/17/2021 | 11/18/2021 | $0.0835 |
| 12/14/2021 | 12/15/2021 | 12/16/2021 | $0.0835 |
| 12/28/2021* | 12/29/2021* | 12/30/2021* | $0.0508* |
| 1/19/2022 | 1/20/2022 | 1/21/2022 | $0.0835 |
| 2/15/2022 | 2/16/2022 | 2/17/2022 | $0.0835 |
| 3/15/2022 | 3/16/2022 | 3/17/2022 | $0.0835 |
| 4/19/2022 | 4/20/2022 | 4/21/2022 | $0.0835 |
| 5/17/2022 | 5/18/2022 | 5/19/2022 | $0.0835 |
| 6/22/2022 | 6/23/2022 | 6/24/2022 | $0.0835 |
| 7/19/2022 | 7/20/2022 | 7/21/2022 | $0.0835 |
| 8/16/2022 | 8/17/2022 | 8/18/2022 | $0.0835 |
| 9/20/2022 | 9/21/2022 | 9/22/2022 | $0.0835 |
| 10/18/2022 | 10/19/2022 | 10/20/2022 | $0.0835 |
| 11/15/2022 | 11/16/2022 | 11/17/2022 | $0.0835 |
| 12/13/2022 | 12/14/2022 | 12/15/2022 | $0.0835 |
| 1/18/2023 | 1/19/2023 | 1/20/2023 | $0.0855 |
| 2/14/2023 | 2/15/2023 | 2/16/2023 | $0.0855 |
| 3/14/2023 | 3/15/2023 | 3/16/2023 | $0.0855 |
| 4/18/2023 | 4/19/2023 | 4/20/2023 | $0.0855 |
| 5/16/2023 | 5/17/2023 | 5/18/2023 | $0.0855 |
| 6/13/2023 | 6/14/2023 | 6/15/2023 | $0.0855 |
| 7/18/2023 | 7/19/2023 | 7/20/2023 | $0.0855 |
| 8/15/2023 | 8/16/2023 | 8/17/2023 | $0.0855 |
| 9/12/2023 | 9/13/2023 | 9/14/2023 | $0.0855 |
| 10/17/2023 | 10/18/2023 | 10/19/2023 | $0.0855 |
| 11/14/2023 | 11/15/2023 | 11/16/2023 | $0.0855 |
| 12/12/2023 | 12/13/2023 | 12/14/2023 | $0.0855 |
| 1/17/2024 | 1/18/2024 | 1/19/2024 | $0.0855 |
| 2/13/2024 | 2/14/2024 | 2/15/2024 | $0.0855 |
| 3/12/2024 | 3/13/2024 | 3/14/2024 | $0.0855 |
| 4/16/2024 | 4/17/2024 | 4/18/2024 | $0.0855 |
| 5/14/2024 | 5/15/2024 | 5/16/2024 | $0.0855 |
| 6/11/2024 | 6/11/2024 | 6/12/2024 | $0.0855 |
| 7/16/2024 | 7/16/2024 | 7/17/2024 | $0.0855 |
| 8/13/2024 | 8/13/2024 | 8/14/2024 | $0.0855 |
| 9/17/2024 | 9/17/2024 | 9/18/2024 | $0.0855 |
| 10/15/2024 | 10/15/2024 | 10/16/2024 | $0.0855 |
| 11/12/2024 | 11/12/2024 | 11/13/2024 | $0.0855 |
| 12/17/2024 | 12/17/2024 | 12/18/2024 | TBD |
*Year-End Special Excise Distribution
Supplemental Tax Information
19a-1 Notice - November 18, 2021
19a-1 Notice - February 16, 2022
19a-1 Notice - August 18, 2022
19a-1 Notice - September 21, 2022
19a-1 Notice - November 17, 2022
19a-1 Notice - December 15, 2022
19a-1 Notice - February 16, 2023
19a-1 Notice - August 17, 2023
19a-1 Notice - September 14, 2023
19a-1 Notice - November 16, 2023
19a-1 Notice - December 14, 2023
19a-1 Notice - February 15, 2024
19a-1 Notice - August 14, 2024
19a-1 Notice - September 18, 2024
19a-1 Notice - October 16, 2024
19a-1 Notice - November 13, 2024
Form N-PX
