Hoya Capital High Dividend Yield ETFHoya Capital High Dividend Yield ETFHoya Capital High Dividend Yield ETF

Hoya Capital High Dividend Yield ETF

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Key stats


Assets under management (AUM)
‪88.54 M‬USD
Fund flows (1Y)
‪31.10 M‬USD
Dividend yield (indicated)
11.14%
Discount/Premium to NAV
0.2%
Shares outstanding
‪9.33 M‬
Expense ratio
0.50%

About Hoya Capital High Dividend Yield ETF


Issuer
Pettee Investors, Inc.
Brand
Hoya
Home page
Inception date
Sep 21, 2021
Structure
Open-Ended Fund
Index tracked
Hoya Capital High Dividend Yield Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Hoya Capital Real Estate LLC
Distributor
Quasar Distributors LLC
RIET targets the real estates highest dividend-yielders. The fund includes US-listed common and preferred stocks of REITs and real estate operating companies. Eligible firms are initially grouped into three market-cap tiers (large-, mid, and small-cap) and 14 real estate property sectors (healthcare, industrial, infrastructure, residential, data center, net lease, retail, land/agriculture, storage, lodging, office, specialty, and home and commercial financing). The funds diversified portfolio aims to hold 100 fixed-weighted stocks comprising: a) 10 Dividend Champions (15% weight)selected from each property sector based on market-cap, dividend yield, and debt ratio, b) 10 large-, 25 mid, and 25 small-cap REITs (75% weight)identified based on dividend yield, with a maximum of six firms per property sector in each tier, and c) 30 Preferreds (10% weight)which are the most actively-traded and highest dividend-yielding real-estate preferred stocks. The index rebalances semi-annually.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
Broad-based
Strategy
Fundamental
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fundamental
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to RIET via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RIET trades at 9.17 USD today, its price has fallen −0.76% in the past 24 hours. Track more dynamics on RIET price chart.
RIET net asset value is 9.16 today — it's risen 2.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RIET assets under management is ‪88.54 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RIET price has risen by 0.22% over the last month, and its yearly performance shows a −9.74% decrease. See more dynamics on RIET price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.91% decrease in three-month performance and has decreased by −1.03% in a year.
RIET fund flows account for ‪31.10 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RIET invests in stocks. See more details in our Analysis section.
RIET expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RIET isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RIET technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RIET shows the sell signal. See more of RIET technicals for a more comprehensive analysis.
Yes, RIET pays dividends to its holders with the dividend yield of 11.14%.
RIET trades at a premium (0.22%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RIET shares are issued by Pettee Investors, Inc.
RIET follows the Hoya Capital High Dividend Yield Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 21, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.