NASDAQ OMX Launches REIT Benchmark Index Family Updated: 6/25/2014
NASDAQ OMX Global Indexes has partnered with ETRE Financial to create The NASDAQ ETRE REIT Index family, a unique way to provide smart-beta exposure to the U.S. real estate market through the usage of Real Estate Investment Trust (REIT) security types. The Indexes include five REIT sector specific Indexes plus a composite index.
The 12 new indexes available today are:
NASDAQ ETRE Composite REIT Index: NQETRE
NASDAQ ETRE Composite REIT Total Return Index: NQETRET
NASDAQ ETRE Healthcare REIT Index: NQETHC
NASDAQ ETRE Healthcare REIT Total Return Index: NQETHCT
NASDAQ ETRE Hospitality REIT Index: NQETH
NASDAQ ETRE Hospitality REIT Total Return Index: NQETHT
NASDAQ ETRE Office REIT Index: NQETO
NASDAQ ETRE Office REIT Total Return Index: NQETOT
NASDAQ ETRE Residential REIT Index: NQETRR
NASDAQ ETRE Residential REIT Total Return Index: NQETRRT
NASDAQ ETRE Retail REIT Index: NQETR
NASDAQ ETRE Retail REIT Total Return Index: NQETRT
The indexes use ETRE Financial’s proprietary Enterprise Value (EV) methodology to weight components based on the total value of the underlying properties of the REIT, rather than the traditional market cap equity value of the component. This improved approach to tracking real estate valuations is designed to bring a higher level of understanding to the tracking, trading, investing, and benchmarking of exchange-traded real estate. The unique NASDAQ ETRE REIT Indexes methodology allows investors to take advantage of changes and velocity of market cycles.
Click here for NASDAQ ETRE REIT Indexes Methodology.