Columbia ETF Trust I - Columbia Research Enhanced Real Estate ETF (CRED) is an exchange-traded fund that seeks to provide investment results corresponding to the total return performance of the Columbia Research Enhanced Real Estate Index, focusing on U.S. equity securities of real estate companies. The fund invests primarily in real estate investment trusts (REITs) and real estate operating companies (REOCs), including those engaged in sectors such as residential, commercial, industrial, retail, office, healthcare, and data centers; it employs a research-enhanced quantitative strategy that integrates fundamental analysis, proprietary models, and risk optimization to select and weight holdings for potential alpha generation over traditional real estate benchmarks. CRED offers investors diversified exposure to the U.S. real estate market through a rules-based, actively managed approach that emphasizes income generation, capital appreciation, and lower volatility relative to cap-weighted indices. The ETF is part of the Columbia ETF Trust I series, sponsored by Columbia Management Investment Advisers, LLC, a subsidiary of Ameriprise Financial, Inc., and operates within the broader asset management industry targeting institutional and retail investors seeking real estate allocation. Headquartered in Minneapolis, Minnesota, the trust structure was established in 2020, with CRED launching in late 2022 to capitalize on evolving real estate market dynamics. In recent developments, the fund underwent a ticker symbol change from CRE to CRED in mid-2024 to better reflect its enhanced research focus; it also benefited from Ameriprise Financial's strategic expansion into active ETFs, including a 2025 distribution agreement with new platforms to broaden retail access, alongside portfolio adjustments incorporating AI-driven analytics for improved sector allocations amid rising interest rates.