Iq Real Estate Etf Profile

ROOF Etf  USD 21.16  0.18  0.86%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
IQ Real is trading at 21.16 as of the 6th of November 2024. This is a 0.86 percent increase since the beginning of the trading day. The etf's lowest day price was 21.08. IQ Real has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for IQ Real Estate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2024 and ending today, the 6th of November 2024. Click here to learn more.
The index is a rules-based, modified capitalization weighted, float adjusted index. IQ US is traded on NYSEARCA Exchange in the United States. More on IQ Real Estate

Moving together with ROOF Etf

  0.94VNQ Vanguard Real EstatePairCorr
  0.66HHH Howard HughesPairCorr
  0.94XLRE Real EstatePairCorr
  0.95IYR iShares Real EstatePairCorr

Moving against ROOF Etf

  0.81NRGU Bank Of MontrealPairCorr
  0.33TMV Direxion Daily 20PairCorr
  0.32TBT ProShares UltraShortPairCorr
  0.31YCS ProShares UltraShort YenPairCorr

ROOF Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Real Estate ETFs, Real Estate, IndexIQ (View all Sectors)
IssuerNew York Life Investments
Inception Date2011-06-14
BenchmarkNYLI CBRE NextGen Real Estate Index
Entity TypeRegulated Investment Company
Asset Under Management37.32 Million
Average Trading Valume212,323.4
Asset TypeEquity
CategorySector
FocusReal Estate
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorNew York Life Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerGreg Barrato, Francis Ok
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents107
Market MakerGTS
Total Expense0.61
Management Fee0.6
Country NameUSA
Returns Y T D5.88
NameIQ U.S. Real Estate Small Cap ETF
Currency CodeUSD
Open FigiBBG001QZDP10
In Threey Volatility22.18
1y Volatility19.96
200 Day M A20.0376
50 Day M A21.7536
CodeROOF
Updated At6th of November 2024
Currency NameUS Dollar
IQ Real Estate [ROOF] is traded in USA and was established 2011-06-14. The fund is listed under Real Estate category and is part of IndexIQ family. The entity is thematically classified as Sector ETFs. IQ Real Estate at this time have 28.61 M in assets. , while the total return for the last 3 years was -5.5%.
Check IQ Real Probability Of Bankruptcy

Geographic Allocation (%)

IQ Real Estate Currency Exposure

IQ Real Estate holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IQ Real will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IQ Real Estate.

Top IQ Real Estate Etf Constituents

APLEApple Hospitality REITStockReal Estate
MACMacerich CompanyStockReal Estate
XHRXenia Hotels ResortsStockReal Estate
UNITUniti GroupStockReal Estate
BNLBroadstone Net LeaseStockReal Estate
WREWashington Real EstateStockReal Estate
IIPRInnovative Industrial PropertiesStockReal Estate
CIMChimera InvestmentStockFinancials
More Details

IQ Real Top Holders

DALTRegents Park FundsEtfMultistrategy
More Details

IQ Real Estate Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IQ Real. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IQ Real Against Markets

When determining whether IQ Real Estate is a strong investment it is important to analyze IQ Real's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IQ Real's future performance. For an informed investment choice regarding ROOF Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in IQ Real Estate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of IQ Real Estate is measured differently than its book value, which is the value of ROOF that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Real's value that differs from its market value or its book value, called intrinsic value, which is IQ Real's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ Real's market value can be influenced by many factors that don't directly affect IQ Real's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Real's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.