IQ U.S. Real Estate Small Cap ETF (ROOF)
IQ U.S. Real Estate Small Cap ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.75, down 0.29% on the session, giving a market capitalisation of $37.3M. Its beta of 1.23 implies it has historically moved more than the broad market.
This ETF commits to allocating a minimum of 80% of its total net assets, including any funds borrowed for investment purposes, to the securities that comprise its underlying index. This benchmark index is constructed using a systematic, rules-based approach, incorporating a modified market capitalization weighting adjusted for public float. Its objective is to provide a way for investors to monitor the overall performance of the small-capitalization segment of publicly traded real estate companies that are both headquartered and primarily listed on exchanges within the U.S. It should be noted that this particular fund is classified as non-diversified.
IQ U.S. Real Estate Small Cap ETF is most often compared with the following Financial Services names: