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ETFs

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)
$325,899
AUM
$28,613,696
Associated Index
Hoya Capital High Dividend Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AGNC
AGNC Investment Corp
1.84%
GLPI
Gaming and Leisure Properties Inc
1.72%
SVC
Service Properties Trust
1.70%
EXR
Extra Space Storage Inc.
1.70%
WPC
W. P. Carey Inc
1.69%
HR
Healthcare Realty Trust Inc - Ordinary Shares - Class A
1.67%
CCI
Crown Castle Inc
1.61%
NNN
National Retail Properties Inc
1.61%
SRC
Spirit Realty Capital Inc
1.60%
NLY
Annaly Capital Management Inc
1.60%
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 KBWD, REM, KBWY

RIET
ETF Series Solutions Trust - Hoya Capital High Dividend Yield 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
KBWY
Invesco Capital Management LLC - Invesco KBW Premium Yield Equity REIT ETF
MORT
VanEck ETF Trust - VanEck Mortgage REIT Income ETF
MDIV
First Trust Exchange-Traded Fund VI - Multi-Asset Diversified Income Index Fund
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
DIV
Global X Funds - Global X SuperDividend U.S. 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

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

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 -0.1567%. This is the percent change in the value of RIET over the most recent 1-month period. The 3-month return on RIET is -0.0934%. 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 0.2404%. 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, XLE, and XLP.

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

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

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.