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DESK - ETF AI Analysis
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VanEck Office and Commercial REIT ETF (DESK)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Performing Holdings
Some holdings, like Prologis and Realty Income, have delivered steady gains, supporting the ETF’s overall performance.
Focused Sector Exposure
The ETF’s concentration in real estate provides targeted exposure to a sector with potential for long-term stability and income.
Reasonable Expense Ratio
The ETF charges a moderate fee compared to other specialized funds, making it relatively cost-effective for investors.
Negative Factors
Underperforming Key Holdings
Several top positions, such as SL Green Realty and Cousins Properties, have struggled this year, dragging down the fund’s returns.
Sector Over-Concentration
The ETF is entirely focused on real estate, which increases vulnerability to sector-specific risks like interest rate changes.
Lack of Geographic Diversification
With 100% exposure to U.S. companies, the fund offers no protection against downturns in the domestic market.
DESK vs. SPDR S&P 500 ETF (SPY)
AUM1.84M
RegionNorth America
Expense Ratio0.52%
Beta0.80
IssuerVanEck
Inception DateSep 19, 2023
Dividend Yield4.94%
Asset ClassEquity
Index TrackedMarketVector US Listed Office And Commercial REITS Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume636
30 Day Avg. Volume439
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
43.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering24
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DESK Summary
The VanEck Office and Commercial REIT ETF (ticker: DESK) is a fund that focuses on real estate investment trusts (REITs) specializing in office and commercial properties in the U.S. It includes companies like Vornado Realty and BXP, which own and manage office buildings and commercial spaces. This ETF might appeal to investors looking for steady income through dividends from rental properties and potential growth from urban development. However, new investors should be aware that the fund’s performance is closely tied to the real estate market, which can be affected by economic downturns or changes in demand for office spaces.
How much will it cost me?The VanEck Office and Commercial REIT ETF (DESK) has an expense ratio of 0.52%, meaning you’ll pay $5.20 per year for every $1,000 invested. This is slightly higher than average because it is a sector-focused ETF, which typically requires more active management compared to broad market index funds.
What would affect this ETF?The DESK ETF, focused on U.S. office and commercial real estate, could benefit from economic growth and urban development, which drive demand for office spaces and commercial properties. However, challenges like rising interest rates, remote work trends reducing office space demand, or regulatory changes in the real estate sector could negatively impact its performance.
DESK Top 10 Holdings
The VanEck Office and Commercial REIT ETF (DESK) is heavily concentrated in U.S. real estate, with a focus on office and commercial properties. Prologis is a bright spot, rising steadily thanks to strong leasing activity and strategic growth, while Simon Property adds stability with robust financial metrics and a solid dividend yield. On the flip side, SL Green Realty is dragging the fund with bearish momentum and high leverage, and Kilroy Realty’s mixed performance reflects short-term challenges despite its attractive dividend. Overall, the fund’s positioning leans heavily into real estate, but recent sector headwinds are holding back broader performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BXP | 10.34% | $192.43K | $12.06B | -9.20% | 62 Neutral | |
| Vornado Realty | 10.04% | $186.86K | $7.02B | -21.10% | 57 Neutral | |
| Cousins Properties | 9.91% | $184.47K | $4.31B | -16.58% | 63 Neutral | |
| Kilroy Realty | 8.50% | $158.35K | $4.54B | -9.44% | 71 Outperform | |
| COPT Defense Properties | 7.15% | $133.08K | $6.41B | -9.82% | 73 Outperform | |
| SL Green Realty | 4.86% | $90.55K | $3.45B | -33.16% | 49 Neutral | |
| Highwoods Properties | 4.65% | $86.54K | $2.82B | -16.27% | 65 Neutral | |
| Simon Property | 4.36% | $81.15K | $61.47B | 8.34% | 70 Outperform | |
| Realty Income | 4.20% | $78.20K | $52.13B | 6.78% | 70 Outperform | |
| Prologis | 4.18% | $77.88K | $122.81B | 20.82% | 76 Outperform |
DESK Technical Analysis
Negative
―
Price Trends
38.64
Negative
39.74
Negative
38.78
Negative
Market Momentum
-0.44
Positive
40.86
Neutral
12.19
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DESK, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 37.90, equal to the 50-day MA of 38.64, and equal to the 200-day MA of 38.78, indicating a bearish trend. The MACD of -0.44 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 12.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DESK.
DESK Peer Comparison
Comparison Results
Performance Comparison
DESK
VanEck Office and Commercial REIT ETF
37.28
-3.79
-9.23%
SRHR
SRH REIT Covered Call ETF
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NURE
Nuveen Short-Term REIT ETF
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RDOG
ALPS REIT Dividend Dogs ETF
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HAUS
Home Appreciation U.S. REIT ETF
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AREA
Harbor AlphaEdge Next Generation REITs ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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