FlexShares Global Quality Real Estate Index Fund (GQRE)
GQRE is a passive ETF by Northern Trust tracking the investment results of the Northern Trust Global Quality Real Estate (NR). GQRE launched on Nov 6, 2013 and has a 0.45% expense ratio.
ETF Info
| ISIN | US33939L7872 |
|---|---|
| CUSIP | 33939L787 |
| Issuer | Northern Trust |
| Inception Date | Nov 6, 2013 |
| Region | Developed Markets (Broad) |
| Category | REIT |
| Leveraged | 1x |
| Index Tracked | Northern Trust Global Quality Real Estate (NR) |
| Asset Class | Real Estate |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
GQRE features an expense ratio of 0.45%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GQRE vs. RWO, GQRE vs. vnqi, GQRE vs. XLRE, GQRE vs. rwx, GQRE vs. MORT, GQRE vs. bldg, GQRE vs. spre, GQRE vs. SPRE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in FlexShares Global Quality Real Estate Index Fund, 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
FlexShares Global Quality Real Estate Index Fund had a return of 9.66% year-to-date (YTD) and 26.87% in the last 12 months. Over the past 10 years, FlexShares Global Quality Real Estate Index Fund had an annualized return of 3.71%, while the S&P 500 had an annualized return of 11.39%, indicating that FlexShares Global Quality Real Estate Index Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.66% | 25.45% |
| 1 month | -1.17% | 2.91% |
| 6 months | 10.40% | 14.05% |
| 1 year | 26.87% | 35.64% |
| 5 years (annualized) | 1.27% | 14.13% |
| 10 years (annualized) | 3.71% | 11.39% |
Monthly Returns
The table below presents the monthly returns of GQRE, 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 | -3.53% | 1.39% | 4.22% | -5.94% | 2.67% | 0.30% | 6.35% | 5.18% | 2.67% | -3.52% | 9.66% | ||
| 2023 | 8.77% | -4.72% | -2.52% | 1.25% | -4.84% | 4.74% | 2.97% | -3.88% | -5.91% | -3.60% | 9.43% | 9.05% | 9.21% |
| 2022 | -6.65% | -2.85% | 4.62% | -5.66% | -5.56% | -8.43% | 8.26% | -5.97% | -12.70% | 3.98% | 5.95% | -3.96% | -27.22% |
| 2021 | -1.05% | 2.32% | 4.17% | 6.63% | 2.28% | 1.29% | 3.40% | 1.56% | -5.24% | 7.02% | -1.28% | 7.78% | 32.01% |
| 2020 | 0.99% | -7.85% | -21.35% | 7.37% | 0.70% | 1.26% | 2.91% | 2.36% | -2.44% | -3.25% | 10.45% | 3.22% | -9.17% |
| 2019 | 11.13% | 0.46% | 3.36% | -0.94% | -1.04% | 2.11% | 0.36% | 1.23% | 1.75% | 2.30% | -0.56% | 0.31% | 21.83% |
| 2018 | 0.65% | -7.44% | 3.47% | 2.05% | 1.78% | 0.12% | 0.79% | 0.15% | -1.78% | -5.63% | 2.82% | -5.52% | -8.88% |
| 2017 | -0.22% | 2.56% | 0.08% | 1.84% | 1.53% | 1.15% | 2.67% | 0.41% | 0.06% | 0.53% | 1.61% | 0.65% | 13.60% |
| 2016 | -3.83% | -0.91% | 9.78% | -1.46% | 1.50% | 3.82% | 3.50% | -3.17% | -0.42% | -5.29% | -2.20% | 2.87% | 3.30% |
| 2015 | 3.89% | -0.02% | 0.05% | -1.34% | -0.07% | -2.35% | 2.32% | -5.48% | 0.51% | 6.54% | -1.02% | 0.73% | 3.31% |
| 2014 | -1.74% | 4.38% | -1.03% | 4.10% | 3.26% | 1.75% | -0.20% | 1.77% | -5.04% | 6.74% | 1.89% | 0.42% | 16.94% |
| 2013 | -1.48% | 0.54% | -0.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GQRE is 46, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for FlexShares Global Quality Real Estate Index Fund (GQRE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
FlexShares Global Quality Real Estate Index Fund provided a 2.34% dividend yield over the last twelve months, with an annual payout of $1.41 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.41 | $1.62 | $1.35 | $1.75 | $1.18 | $2.78 | $1.79 | $1.24 | $2.35 | $1.32 | $1.45 | $0.19 |
Dividend yield | 2.34% | 2.90% | 2.56% | 2.36% | 2.05% | 4.29% | 3.22% | 1.97% | 4.16% | 2.32% | 2.57% | 0.39% |
Monthly Dividends
The table displays the monthly dividend distributions for FlexShares Global Quality Real Estate Index Fund. 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 | $0.05 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.90 | |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.50 | $1.62 |
| 2022 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.36 | $1.35 |
| 2021 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $1.04 | $1.75 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.33 | $1.18 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $1.68 | $2.78 |
| 2018 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.70 | $1.79 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $1.24 |
| 2016 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $1.17 | $2.35 |
| 2015 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.50 | $1.32 |
| 2014 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.56 | $1.45 |
| 2013 | $0.19 | $0.19 |
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 FlexShares Global Quality Real Estate Index Fund. 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 FlexShares Global Quality Real Estate Index Fund was 41.87%, occurring on Mar 23, 2020. Recovery took 300 trading sessions.
The current FlexShares Global Quality Real Estate Index Fund drawdown is 12.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.87% | Feb 18, 2020 | 25 | Mar 23, 2020 | 300 | Jun 1, 2021 | 325 |
| -35.08% | Jan 3, 2022 | 458 | Oct 27, 2023 | — | — | — |
| -13.52% | Aug 30, 2018 | 80 | Dec 24, 2018 | 37 | Feb 19, 2019 | 117 |
| -12.78% | Aug 1, 2016 | 80 | Nov 21, 2016 | 140 | Jun 14, 2017 | 220 |
| -11.51% | Feb 6, 2015 | 147 | Sep 4, 2015 | 133 | Mar 17, 2016 | 280 |
Volatility
Volatility Chart
The current FlexShares Global Quality Real Estate Index Fund volatility is 4.20%, 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.