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FlexShares Global Quality Real Estate Index Fund

GQRE
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Nov 05 2013
Expense Ratio
0.45%
Type
Global Equities
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$514,197
AUM
$286,637,549
Associated Index
Northern Trust Global Quality Real Estate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

PSA
Public Storage.
5.13%
SPG
Simon Property Group, Inc.
4.94%
AVB
Avalonbay Communities Inc.
4.10%
PLD
Prologis Inc
3.87%
WY
Weyerhaeuser Co.
3.71%
EQR
Equity Residential Properties Trust
3.51%
IRM
Iron Mountain Inc.
2.94%
16
Sun Hung Kai Properties Ltd.
2.45%
MAA
Mid-America Apartment Communities, Inc.
2.44%
AMT
American Tower Corp.
2.30%
Invest with GQRE

What is GQRE?

FlexShares Global Quality Real Estate Index Fund attempts to provide investors with a quality equity portfolio that provides exposure to the inflation-hedging qualities and long-term capital growth potential of global real estate.

ETFs related toGQRE

ETFs correlated to GQRE include RWO, REET, AVRE

GQRE
FlexShares Trust - FlexShares Global Quality FlexShares Global Quality
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
AVRE
American Century ETF Trust - Avantis Real E state ETF
DFGR
Dimensional ETF Trust - Dimensional Global Real Estate ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
IYR
BlackRock Institutional Trust Company N.A. - iShares U.S. Real Estate ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT 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 toGQRE

#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 GQRE using Composer

FAQ

GQRE is a Global Equities ETF. FlexShares Global Quality Real Estate Index Fund attempts to provide investors with a quality equity portfolio that provides exposure to the inflation-hedging qualities and long-term capital growth potential of global real estate.

GQRE tracks the Northern Trust Global Quality Real Estate Index.

No, GQRE 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, GQRE 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 GQRE is -0.0252%. This is the percent change in the value of GQRE over the most recent 1-month period. The 3-month return on GQRE is -0.0294%. This is the percent change in the value of GQRE over the most recent 3-month period.

The standard deviation of GQRE for the past year is 0.1901%. 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 GQRE include IXJ, SMH, and URA.

ETFs correlated to GQRE include RWO, REET, and AVRE.

ETFs that are inversely correlated to GQRE 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.