iShares Mortgage Real Estate Capped ETF (REM)
| 27.48 BATS BZX Real-Time Price As of 11:49am ET |  +0.91 / +3.42%Today’s Change | 13.03 Today|||52-Week Range 48.39 | -38.29% Year-to-Date |
Investment Objective
The investment seeks to track the investment results of the FTSE NAREIT All Mortgage Capped Index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.
Latest REM News
| Mortgage rates hover near record lows Jul 30 / Seeking Alpha - Paid Partner Content | AGNC Investment's Q2 2020 And 7/24/2020 BV Projection (Indication Of An Undervalued Stock; NLY BV Projection Included) Jul 27 / Seeking Alpha - Paid Partner Content |
| Mortgage REITs: Back From The Brink Jul 28 / Seeking Alpha - Paid Partner Content | Housing Is Red Hot Jul 25 / Seeking Alpha - Paid Partner Content |
Performance
| 1 month | +12.26% | 3 years | -8.49% | |
| 3 months | +24.73% | 5 years | +0.61% | |
| 1 year | -30.72% | Since inception | -3.94% |
Data through 08/08/2020
Quote Details
| Previous close | $26.57 |
| Open day’s range | 26.60 – 27.48 |
| Net asset value (NAV) | 26.55 (08/07/2020) |
| Daily volume | 297,822 |
| Average volume (3 months) | 1,259,962 |
Data as of 11:49am ET, 08/10/2020
Peer Comparisonvs. Real estate ETFs
| REM | Category | |
|---|---|---|
| Performance 5-yr return | +0.61% | +3.98% |
| Expense Gross exp ratio | 0.48% | 1.19% |
| Risk 5 year sharpe ratio | 0.15 | 0.26 |
| Net assets | $996.5M | $1.5B |
| Average market cap | $2.6B | $20.4B |
| Average P/E | -- | 27.7 |
| Dividend / Share | -- | 0.11% |
Competitors
| FREL Fidelity MSCI Real Estate Index ETF |
| IYR iShares U.S. Real Estate ETF |
| REET iShares Global REIT ETF |
Holdings
Top 5 SectorsPortfolio weighting
| Financial service | 100.00% |
| Business service | 0.00% |
| Consumer goods | 0.00% |
| Consumer service | 0.00% |
| Energy | 0.00% |
Top 10 HoldingsPortfolio weighting
| NLY Annaly Capital Management Inc | 18.88% |
| AGNC AGNC Investment Corp | 13.74% |
| STWD Starwood Property Trust Inc | 7.27% |
| BXMT Blackstone Mortgage Trust Inc | 5.86% |
| HASI Hannon Armstrong Sustainable Infrastructure Capital Inc | 5.30% |
| NRZ New Residential Investment Corp | 4.29% |
| PMT PennyMac Mortgage Investment Trust | 4.18% |
| CIM Chimera Investment Corp | 3.86% |
| TWO Two Harbors Investment Corp | 3.33% |
| ARI Apollo Commercial Real Estate Finance Inc | 3.22% |
