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VanEck Office and Commercial REIT ETF

DESK
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 19 2023
Expense Ratio
0.50%
Type
US Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
AUM
$654,200
Associated Index
MarketVector US Listed Office and Commercial REITs Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
Invest with DESK

What is DESK?

The VanEck Office and Commercial REIT ETF (DESK) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector US Listed Office and Commercial REITs Index, which is intended to track the overall performance of U.S. office and commercial real estate investment trusts.

ETFs related toDESK

ETFs correlated to DESK include ACES, ALTL, AMJ

DESK
VanEck ETF Trust - VanEck Office and Commercial REIT ETF
ACES
ALPS Fund Services - ALPS Clean Energy ETF
ALTL
Pacer Funds Trust - Pacer Lunt Large Cap Alternator ETF
AMJ
JPMorgan Chase & Co. - KEYnotes ETN Link to First Trust Enh 130/30 L/C Index
AMLP
ALPS Fund Services - Alerian MLP ETF
AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
APLY
Tidal Trust II - YieldMax AAPL Option Income Strategy ETF
ARGT
Global X Funds - Global X MSCI Argentina ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet 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.

FAQ

DESK is a US Equities ETF. The VanEck Office and Commercial REIT ETF (DESK) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector US Listed Office and Commercial REITs Index, which is intended to track the overall performance of U.S. office and commercial real estate investment trusts.

DESK tracks the MarketVector US Listed Office and Commercial REITs Index.

No, DESK 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, DESK 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 DESK is %. This is the percent change in the value of DESK over the most recent 1-month period. The 3-month return on DESK is %. This is the percent change in the value of DESK over the most recent 3-month period.

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

ETFs correlated to DESK include ACES, ALTL, and AMJ.

ETFs that are inversely correlated to DESK include AGG, AGGY, and AGQ.

Disclaimers

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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.