iShares Environmentally Aware Real Estate ETF
ERET
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Nov 18, 2022
- Website
- ishares.com
- Similar Companies
- Business
- iShares Environmentally Aware Real Estate ETF (ERET) is an exchange-traded fund that seeks to track the investment results of the FTSE EPRA Nareit Developed Green Target Index, which comprises developed market real estate equities selected and weighted to achieve increased exposure to green certification, energy efficiency, and lower carbon emission intensity relative to its parent index. The fund invests at least 90% of its assets in component securities of the index or in investments with substantially similar economic characteristics, providing investors with exposure to real estate investment trusts (REITs) and listed property companies focused on environmentally responsible practices; its portfolio includes approximately 350 holdings across sectors such as diversified real estate, residential, retail, office, and industrial properties, with top holdings like Public Storage, Digital Realty Trust, and Goodman Group. Managed by BlackRock iShares with an expense ratio of 0.30%, ERET targets institutional and retail investors seeking sustainable real estate exposure in developed markets including the United States (approximately 59%), Japan, Australia, the United Kingdom, Hong Kong, and Singapore. Launched on November 15, 2022, and headquartered in New York alongside its sponsor BlackRock, Inc., the fund operates as an open-ended investment company domiciled in the United States and listed on Nasdaq. Geographically, it emphasizes developed markets globally, with minimal emerging market exposure (about 0.1%), delivering semi-annual distributions and full holdings transparency. In recent developments, BlackRock expanded its own holdings in ERET to 153,700 shares, representing 42.70% of its position in the fund as of early 2025, signaling internal confidence in the ETF's performance amid growing ESG demand. The fund declared a semi-annual distribution of $0.8622 per share in December 2024, reflecting steady income generation from its underlying green real estate assets. BlackRock's broader strategic expansions in real estate and alternatives, including the July 2025 acquisition of ElmTree Funds for commercial real estate and ongoing pushes into private markets, complement ERET's focus on sustainable public real estate equities.