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VanEck Vectors FTSE International Property (Hedged) ETF REIT

Fund description: REIT gives investors access to a diversified portfolio of international property securities from developed markets (ex Australia) with returns hedged into Australian dollars. REIT aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The FTSE EPRA Nareit Developed ex Australia Rental Index AUD Hedged consists of securities that are real estate investment trusts (REITs) and companies listed on the exchanges of the world's major developed economies (ex Australia) that own real estate assets and derive >70% of their EBITDA from rental income.

Management style:  Replication

Country of domicile: Australia

 as at 15-Jan-21

  • Exchange

    ASX

  • ASX code

    REIT

  • Bloomberg index code

    TRAHRA

  • Index provider

    FTSE

  • NAV1

    $17.00

  • Units outstanding1

    4,381,435

  • Net assets1

    $74.5M

  • Number of holdings1

    308

  • Inception date2

    29-Mar-19

  • ASX commencement

    02-Apr-19
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 15-Jan-21

*The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day. 

 

Fundamentals as at 31-Dec-20

  • Weighted avg. market cap
    (AUD)

    $21.1B

  • Price/earnings ratio
    (last 12 months)*

    23.1

  • Price/book ratio
    (last 12 months)*

    1.5
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Dec-20

  • Capitalisation ranges

    Weightings (%)

  • Large (>$5.0B)

    72.65

  • Mid ($1.0 - $5.0B)

    21.79

  • Small (<$1.0B)

    2.00
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures

  • Beta vs. MSCI World ex
    Australia

    --

  • Correlation vs. MSCI World
    ex Australia

    --

  • Volatility (standard deviation)

    --

  • Sharpe ratio

    --

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Top 10 Country weightings (%) as at 31-Dec-20

  • Country

    Weightings (%)

  • United States

    58.5

  • Japan

    8.4

  • Germany

    6.2

  • United Kingdom

    5.6

  • Singapore

    2.9

  • Canada

    2.9

  • Sweden

    2.6

  • China

    2.3

  • France

    2.2

  • Belgium

    1.3

  • Switzerland

    1.2

  • Spain

    0.5

  • Finland

    0.4

  • New Zealand

    0.3

  • Norway

    0.3

  • Israel

    0.2

  • Netherlands

    0.2

  • Austria

    0.2

  • Ireland

    0.1

  • Italy

    0.0

  • Other/Cash

    3.6

  • Total

    99.9

Portfolio composition (%)
as at 15-Jan-21

  • Asset classes

    % of Fund net assets

  • Stocks

    98.98

  • Bonds

    0.00

  • Other

    0.04

  • Cash

    0.97

  • Total

    99.99

Sub-industry weightings (%) as at 31-Dec-20

  • Sector

    Weightings (%)

  • Industrial REITS

    14.7

  • Retail REITS

    13.9

  • Residential REITS

    13.7

  • Real Estate Operating Co.

    11.8

  • Office REITS

    11.5

  • Specialized REITS

    10.7

  • Healthcare REITS

    8.6

  • Diversified REITS

    8.1

  • Hotel &amp; Resort REITS

    2.8

  • Diversified Real Estate Activity

    0.2

  • Other/Cash

    3.9

  • Total

    99.9