NURE
Nuveen Short-Term REIT ETF
The NuShares Short-Term REIT ETF tracks an index composed of U.S. REITs that typically have shorter-term lease durations than average.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
49.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Fund sponsor | Nuveen |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 19, 2016 |
| Assets (mns) | $49 |
| Expense ratio | 35 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ESSEX PROPERTY TRUST INC | 6.1 % |
| CAMDEN PROPERTY TRUST | 5.9 % |
| EXTRA SPACE STORAGE INC | 5.9 % |
| EQUITY RESIDENTIAL | 5.8 % |
| AVALONBAY COMMUNITIES INC | 5.8 % |
| UDR INC | 5.7 % |
| MID-AMERICA APARTMENT COMM | 5.6 % |
| CUBESMART | 5.5 % |
| PUBLIC STORAGE | 5.4 % |
| EQUITY LIFESTYLE PROPERTIES | 5.2 % |
Constituent Breakdown
| Number of holdings | 35 |
| Herfindahl-Hirschman Index | 472 |
| Wgt avg mkt cap (mns) | $17,340 |
| Large cap (>$10bn) | 74.3% |
| Mid cap ($2-10bn) | 15.6% |
| Small cap (<$2bn) | 10.2% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 102.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 14.1% | 26.8% | 10.0% | 0.7% | 5.6% | -- | 7.7% | Volatility | 15.7% | 17.3% | 19.4% | 20.9% | 26.6% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 67% |
| MSCI EAFE | 0.89 | 55% |
| MSCI Emg Mkts | 0.64 | 28% |
Liquidity Measures
| Avg. volume (000) | 6 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.16% |
| ADV of underlying (mns) | $1,504 |
Technical Indicators
| Recent close | $31.74 |
| 30d moving avg. | $33.73 |
| Annualized volatility | 20.8% |
| Relative strength (RSI) | 44 |
| Short interest (ETF) | 2.1% |
| Short interest (underlying) | 2.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NURE |
Expenses vs. NURE |
ALTAR Score™ vs. NURE |
|---|---|---|---|---|
| HAUS | Residential REIT ETF | 59.1% | +25 bp | -0.8% |
| REZ | iShares Residential and Multisector Real Estate ETF | 56.7% | +13 bp | -0.2% |
| RSPR | Invesco S&P 500 Equal Weight Real Estate ETF | 31.9% | +5 bp | -0.6% |
| FPRO | Fidelity Real Estate Investment ETF | 31.8% | +24 bp | -0.9% |
| IRET | iREIT - MarketVector Quality REIT Index ETF | 31.6% | +25 bp | +0.8% |
| RWR | SPDR Dow Jones REIT ETF | 31.6% | -10 bp | +0.6% |
| RITA | ETFB Green SRI REITs ETF | 30.3% | +15 bp | -0.6% |
| SPRE | SP Funds S&P Global REIT Sharia ETF | 30.1% | +20 bp | -1.0% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 29.4% | -24 bp | +0.7% |
| ICF | iShares Cohen & Steers REIT ETF | 28.9% | -2 bp | +0.3% |
Risk and Returns: NURE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
NURE
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
NURE
6.0%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. NURE's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places NURE in the 56th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
NURESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| NURE (35 bp) Percentile rank | 37 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| NURE | 35.0 | 16.0 | 51 |
| Peer Avg. | 44.0 | 16.8 | 60.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .