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Vaneck Office And Commercial REIT ETF (DESK)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
VanEck
Inception Date
Sep 19, 2023
Category
REIT
Leveraged
1x (No leverage)
Index Tracked
MarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross
Distribution Policy
Distributing
Asset Class
Real Estate
Asset Class Size
Small-Cap
Asset Class Style
Value

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.


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S&P 500 Index

Returns By Period

Vaneck Office And Commercial REIT ETF (DESK) has returned -10.05% so far this year and -12.10% over the past 12 months.


Vaneck Office And Commercial REIT ETF

1D
1.80%
1M
-5.84%
YTD
-10.05%
6M
-20.20%
1Y
-12.10%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 21, 2023, DESK's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, your investment would double in approximately 10.9 years.

Historically, 45% of months were positive and 55% were negative. The best month was Dec 2023 with a return of +17.3%, while the worst month was Oct 2023 at -8.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DESK closed higher 51% of trading days. The best single day was Nov 14, 2023 with a return of +9.1%, while the worst single day was Apr 3, 2025 at -7.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.05%-4.42%-5.84%-10.05%
2025-0.56%-2.30%-5.65%-6.94%6.25%3.67%-1.32%7.02%1.75%-5.98%-0.48%-5.19%-10.42%
2024-5.48%-0.48%3.85%-5.64%1.03%1.54%14.63%3.68%4.99%1.05%2.75%-5.32%16.01%
2023-1.56%-8.93%13.02%17.34%18.89%

Benchmark Metrics

Vaneck Office And Commercial REIT ETF has an annualized alpha of -8.62%, beta of 0.94, and R² of 0.31 versus S&P 500 Index. Calculated based on daily prices since September 22, 2023.

  • This ETF participated in 180.69% of S&P 500 Index downside but only 93.82% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.31 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-8.62%
Beta
0.94
0.31
Upside Capture
93.82%
Downside Capture
180.69%

Expense Ratio

DESK has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DESK ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


DESK Risk / Return Rank: 44
Overall Rank
DESK Sharpe Ratio Rank: 44
Sharpe Ratio Rank
DESK Sortino Ratio Rank: 44
Sortino Ratio Rank
DESK Omega Ratio Rank: 44
Omega Ratio Rank
DESK Calmar Ratio Rank: 55
Calmar Ratio Rank
DESK Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Vaneck Office And Commercial REIT ETF (DESK) and compare them to a chosen benchmark (S&P 500 Index).


DESKBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.51

0.90

-1.41

Sortino ratio

Return per unit of downside risk

-0.58

1.39

-1.96

Omega ratio

Gain probability vs. loss probability

0.93

1.21

-0.28

Calmar ratio

Return relative to maximum drawdown

-0.46

1.40

-1.86

Martin ratio

Return relative to average drawdown

-1.09

6.61

-7.69

Explore DESK risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Vaneck Office And Commercial REIT ETF provided a 5.73% dividend yield over the last twelve months, with an annual payout of $1.89 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$1.89$1.89$1.63$0.67

Dividend yield

5.73%5.15%3.78%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.60$0.00$0.00$0.33$0.00$0.00$0.51$0.00$0.46$1.89
2024$0.00$0.00$0.00$0.48$0.00$0.00$0.41$0.00$0.00$0.33$0.00$0.41$1.63
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.


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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 28.65%, occurring on Mar 27, 2026. The portfolio has not yet recovered.

The current Vaneck Office And Commercial REIT ETF drawdown is 26.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.65%Oct 21, 2024359Mar 27, 2026
-14.63%Dec 15, 2023113May 29, 202432Jul 16, 2024145
-11.95%Sep 22, 202324Oct 25, 202324Nov 29, 202348
-6.56%Jul 31, 20244Aug 5, 202412Aug 21, 202416
-2.65%Jul 17, 20243Jul 19, 20242Jul 23, 20245

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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