REM

iShares Mortgage Real Estate ETF

$22.02
+0.00%
Market closed. Last update: 12:36 PM ET

📎 Investment Objective

The iShares Mortgage Real Estate ETF (REM) seeks to track the investment results of an index composed of U.S. real estate investment trusts (REITs) that invest primarily in mortgages.

Overview

ETF tracking iShares Mortgage Real Estate ETF

Category Real Estate
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $608.7M
Average Volume N/A
Dividend Yield 9.03%
52-Week Range $19.12 - $23.69
VWAP $21.98

Performance

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Investment Summary

📎 Investment Objective

The iShares Mortgage Real Estate ETF (REM) seeks to track the investment results of an index composed of U.S. real estate investment trusts (REITs) that invest primarily in mortgages.

🎯 Investment Strategy

The ETF invests in a portfolio of mortgage REITs that are designed to provide exposure to the U.S. mortgage REIT market. The fund seeks to replicate the performance of the FTSE Nareit All Mortgage Capped Index, which measures the performance of mortgage REITs.

✨ Key Features

  • Provides exposure to mortgage REITs, which invest in mortgages and mortgage-backed securities
  • Diversified portfolio of mortgage REIT holdings
  • Tracks the FTSE Nareit All Mortgage Capped Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Mortgage REIT sector risk: Mortgage REITs can be sensitive to changes in interest rates, credit quality of underlying mortgages, and mortgage prepayment rates
  • Concentration risk: The fund is concentrated in the mortgage REIT sector, which may be more volatile than a more diversified real estate fund
  • Liquidity risk: Mortgage REITs may have lower trading volumes, which can impact the fund's ability to buy or sell positions
  • Dividend risk: Mortgage REITs typically pay high dividends, which can be reduced or suspended during periods of market stress

👤 Best For

This ETF may be suitable for investors seeking exposure to the mortgage REIT sector as part of a diversified real estate allocation. It may be most appropriate for investors with a higher risk tolerance who understand the unique characteristics and risks of mortgage REITs.