- Business
- Tidal ETF Trust - Intelligent Real Estate ETF (REAI) is an actively managed exchange-traded fund that seeks total return through investments in a diversified portfolio of publicly traded real estate investment trusts (REITs) deriving revenue from the ownership and management of commercial real estate properties, including data centers, industrial facilities, cell towers, and logistics assets; select mortgage-backed securities; and complementary holdings in communication services, industrials, and information technology sectors. Top holdings as of late 2025 include Uniti Group Inc., Equinix Inc., Digital Core REIT, Digital Realty Trust Inc., American Tower Corp., Crown Castle Inc., STAG Industrial Inc., First Industrial Realty Trust Inc., Prologis Inc., and SBA Communications Corp., representing exposure to U.S. and international commercial REITs focused on high-growth areas like digital infrastructure. The fund, with an expense ratio of 0.59% and net assets of approximately $2.3 million, trades on NASDAQ and pays monthly distributions, including recent payouts of $0.3098 in July 2025 and $0.3197 in April 2025.
Launched on June 12, 2023, REAI operates under Tidal ETF Trust (now referred to as Tidal Trust I), headquartered at 234 West Florida Street, Suite 203, Milwaukee, Wisconsin 53204, with legal domicile c/o The Corporation Trust Company in Wilmington, Delaware. The ETF targets investors seeking real estate exposure with active management emphasizing total return over benchmarks like the Dow Jones U.S. Select REIT Index, serving retail and institutional clients through broker-dealers, investment advisers, and financial services firms primarily in the United States market.
In 2025, the sponsoring platform Tidal Financial Group, founded in 2012 as an ETF investment technology provider, underwent significant strategic expansions, including the January acquisition of ZEGA Financial's trading business to double its trading team and enhance options and derivatives capabilities for ETF operations; the May transfer of servicing responsibilities for $5 billion in Goldman Sachs ETF Accelerator trusts; and the October strategic partnership with FundVantage Trust to streamline ETF creation and launch processes for advisers. These moves bolster Tidal's full-stack ETF services, including product planning, trust administration, trading, marketing, and distribution across its portfolio of over 180 ETFs managing billions in assets. REAI benefits from this expanded infrastructure amid Tidal's focus on active, thematic, and innovative ETF strategies.