Emles Real Estate Credit ETF (REC)
Emles Real Estate Credit ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.05, up 0.00% on the session, giving a market capitalisation of $4.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Emles Real Estate Credit ETF (REC) seeks to replicate the performance of a market-value-weighted index. This index is designed to track corporate bonds that have been issued in the United States by U.S.-based companies (including their subsidiaries) primarily engaged in the real estate industry. The fund typically commits at least 90% of its net assets (along with any borrowed capital used for investment) to the securities comprising this index. It may also invest up to 10% of its assets in derivatives such as futures, options, and swap contracts, or hold cash and cash equivalents. This fund is categorized as non-diversified.
Emles Real Estate Credit ETF is most often compared with the following Financial Services names: