Vaneck Office And Commercial REIT ETF (DESK)
DESK is a passive ETF by VanEck tracking the investment results of the MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross. DESK launched on Sep 19, 2023 and has a 0.50% expense ratio.
ETF Info
| Issuer | VanEck |
|---|---|
| Inception Date | Sep 19, 2023 |
| Category | REIT |
| Leveraged | 1x |
| Index Tracked | MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross |
| Asset Class | Real Estate |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
DESK features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Vaneck Office And Commercial REIT ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.21% | 15.73% |
| 1 month | 9.65% | 6.43% |
| 6 months | 18.11% | 8.14% |
| 1 year | N/A | 22.75% |
| 5 years (annualized) | N/A | 13.18% |
| 10 years (annualized) | N/A | 10.67% |
Monthly Returns
The table below presents the monthly returns of DESK, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.48% | -0.48% | 3.85% | -5.59% | 1.03% | 1.54% | 14.63% | 3.68% | 11.21% | ||||
| 2023 | -1.56% | -8.93% | 13.02% | 17.34% | 18.89% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Vaneck Office And Commercial REIT ETF granted a 3.70% dividend yield in the last twelve months. The annual payout for that period amounted to $1.55 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $1.55 | $0.67 |
Dividend yield | 3.70% | 1.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Vaneck Office And Commercial REIT ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.89 | |||
| 2023 | $0.67 | $0.67 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Vaneck Office And Commercial REIT ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Vaneck Office And Commercial REIT ETF was 14.58%, occurring on May 29, 2024. Recovery took 32 trading sessions.
The current Vaneck Office And Commercial REIT ETF drawdown is 1.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.58% | Dec 15, 2023 | 113 | May 29, 2024 | 32 | Jul 16, 2024 | 145 |
| -11.95% | Sep 22, 2023 | 24 | Oct 25, 2023 | 24 | Nov 29, 2023 | 48 |
| -6.56% | Jul 31, 2024 | 4 | Aug 5, 2024 | 12 | Aug 21, 2024 | 16 |
| -2.65% | Jul 17, 2024 | 3 | Jul 19, 2024 | 2 | Jul 23, 2024 | 5 |
| -2.09% | Jul 24, 2024 | 1 | Jul 24, 2024 | 2 | Jul 26, 2024 | 3 |
Volatility
Volatility Chart
The current Vaneck Office And Commercial REIT ETF volatility is 6.32%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.