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.

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 range26.60 – 27.48
Net asset value (NAV)26.55 (08/07/2020)
Daily volume297,822
Average volume (3 months)1,259,962
Data as of 11:49am ET, 08/10/2020

Peer Comparisonvs. Real estate ETFs

 REMCategory
Performance 5-yr return+0.61%+3.98%
Expense Gross exp ratio0.48%1.19%
Risk 5 year sharpe ratio0.150.26
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 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
NLY Annaly Capital Management Inc18.88%
AGNC AGNC Investment Corp13.74%
STWD Starwood Property Trust Inc7.27%
BXMT Blackstone Mortgage Trust Inc5.86%
HASI Hannon Armstrong Sustainable Infrastructure Capital Inc5.30%
NRZ New Residential Investment Corp4.29%
PMT PennyMac Mortgage Investment Trust4.18%
CIM Chimera Investment Corp3.86%
TWO Two Harbors Investment Corp3.33%
ARI Apollo Commercial Real Estate Finance Inc3.22%