iREIT - MarketVector Quality REIT Index ETF
IRET
New York Stock Exchange Arca- -
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
- 1400 31st Ave SW, Suite 60 Minot ND United States of America 58701
- IPO Date
- Mar 6, 2024
- CIK
- 0000798359
- Website
- iretetf.com
- Similar Companies
- Business
- iREIT - MarketVector Quality REIT Index ETF (IRET) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the iREIT MarketVector Quality REIT Index, providing diversified exposure to common and preferred shares of approximately 40 high-quality U.S.-listed real estate investment trusts (REITs) selected based on fundamental research screening for quality and value factors; the underlying index employs a tiered-weighting methodology with sector diversification across areas such as healthcare, industrial, residential, self-storage, office, retail, net lease, hotel, diversified, and technology REITs, including up to four preferred REIT stocks. Launched on March 5, 2024, and managed by Tidal Investments LLC, with index provision by MarketVector Indexes and distribution by Foreside Fund Services, LLC, the ETF targets investors seeking predictable monthly dividend income from U.S. real estate equity securities and operates primarily in North American developed markets. The fund holds around 37-40 constituents, with top positions typically including names like Prologis Inc., Realty Income Corp., VICI Properties Inc., CareTrust REIT Inc., and SBA Communications Corp., representing about 34-35% of assets; it features a net expense ratio of 0.60% and assets under management of approximately $3-5 million. In a key strategic development, MarketVector Indexes licensed the iREIT-MarketVector Quality REIT Index to Tidal Investments in March 2024 to launch the ETF, capitalizing on REIT market opportunities; the fund has since commenced monthly distributions, with recent ex-dividend dates including August 4, 2025 ($0.0783 per share) and July 2, 2025 ($0.0803 per share), alongside quarterly index reconstitutions to maintain its quality-value focus. Headquartered through its manager Tidal Investments LLC in Lewes, Delaware, the ETF remains a relatively new entrant with no reported acquisitions, funding rounds, or major reorganizations beyond its initial launch, though it continues to emphasize concentration in the real estate sector with associated risks like interest rate sensitivity and REIT-specific exposures.