VanEck Office and Commercial REIT ETFVanEck Office and Commercial REIT ETFVanEck Office and Commercial REIT ETF

VanEck Office and Commercial REIT ETF

No trades

Key stats


Assets under management (AUM)
‪2.21 M‬USD
Fund flows (1Y)
‪−48.36 K‬USD
Dividend yield (indicated)
5.12%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪60.00 K‬
Expense ratio
0.52%

About VanEck Office and Commercial REIT ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Sep 19, 2023
Structure
Open-Ended Fund
Index tracked
MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
Identifiers
3
ISIN US92189H7145
DESK strives to replicate a US index focused on office and commercial real estate investment trusts (REITs). REITs must satisfy market cap and revenue criteria to be eligible for inclusion. They are then ranked via a two-step process, each relying on the free-float market cap and three-month average daily trading volume of the stocks respectively. Securities are then grouped within Office and Commerical REITS and ranked again based on the sum of their ranks in each of the categories mentioned above. The top 25 Office REITs constitute the index, complemented by the top Commerical REITS if needed. The index maintains a target coverage of 25 companies at all times. It also follows a range tiered modified float-adjusted market-cap weighting scheme, capping security weight at 10% and the aggregate weight of Other Commerical REITs at 20%. A 5%-50% rule is also imposed to ensure diversification. The index undergoes quarterly rebalancing and semi-annual reconstitution.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
REITs
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Market cap
What's in the fund
Exposure type
Stocks
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DESK trades at 36.95 USD today, its price has risen 0.41% in the past 24 hours. Track more dynamics on DESK price chart.
DESK net asset value is 36.96 today — it's risen 0.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DESK assets under management is ‪2.21 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DESK price has fallen by −1.66% over the last month, and its yearly performance shows a −11.45% decrease. See more dynamics on DESK price chart.
NAV returns, another gauge of an ETF dynamics, showed a −3.59% decrease in three-month performance and has decreased by −7.65% in a year.
DESK fund flows account for ‪−48.36 K‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DESK invests in stocks. See more details in our Analysis section.
DESK expense ratio is 0.52%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DESK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DESK technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DESK shows the sell signal. See more of DESK technicals for a more comprehensive analysis.
Yes, DESK pays dividends to its holders with the dividend yield of 5.12%.
DESK trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DESK shares are issued by Van Eck Associates Corp.
DESK follows the MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 19, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.