Hoya Capital High Etf Profile
| RIET Etf | USD 9.65 0.02 0.21% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Hoya Capital is selling for under 9.65 as of the 19th of April 2024; that is 0.21 percent increase since the beginning of the trading day. The etf's last reported lowest price was 9.61. Hoya Capital has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Hoya Capital High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The index is a rules-based index that is designed to provide diversified exposure to 100 U.S. Hoya Capital is traded on NYSEARCA Exchange in the United States. More on Hoya Capital High
Hoya Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hoya Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hoya Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Real Estate ETFs, Sector ETFs, Real Estate, Hoya Capital Real Estate (View all Sectors) |
| Issuer | Hoya Capital |
| Inception Date | 2021-09-21 |
| Benchmark | Hoya Capital High Dividend Yield Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 57.64 Million |
| Asset Type | Real Estate |
| Category | Sector |
| Focus | Real Estate |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Hoya Capital Real Estate, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 28-Feb |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 100.0 |
| Market Maker | Citadel |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (9.23) |
| Name | Hoya Capital High Dividend Yield ETF |
| Currency Code | USD |
| Open Figi | BBG012NKN393 |
| 1y Volatility | 24.13 |
| 200 Day M A | 10.2028 |
| 50 Day M A | 10.0545 |
| Code | RIET |
| Currency Name | US Dollar |
| Type | ETF |
Hoya Capital High [RIET] is traded in USA and was established 2021-09-21. The fund is listed under Real Estate category and is part of Hoya Capital Real Estate family. The entity is thematically classified as Real Estate ETFs. Hoya Capital High at this time have 25.69 M in assets. , while the total return for the last year was 7.4%.
Check Hoya Capital Probability Of Bankruptcy
Top Hoya Capital High Etf Constituents
| AGNC | AGNC Investment Corp | Stock | Financials |
| EXR | Extra Space Storage | Stock | Real Estate |
| GLPI | Gaming Leisure Properties | Stock | Real Estate |
| IRM | Iron Mountain Incorporated | Stock | Real Estate |
| NLY | Annaly Capital Management | Stock | Financials |
| NNN | National Retail Properties | Stock | Real Estate |
| OHI | Omega Healthcare Investors | Stock | Real Estate |
Hoya Capital Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Hoya Capital jumping above the current price in 90 days from now is more than 94.0%. The Hoya Capital High probability density function shows the probability of Hoya Capital etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hoya Capital has a beta of 0.3129 indicating as returns on the market go up, Hoya Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hoya Capital High will be expected to be much smaller as well. Additionally, hoya Capital High has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hoya Capital to move above the current price in 90 days from now is more than 94.0 (This Hoya Capital High probability density function shows the probability of Hoya Etf to fall within a particular range of prices over 90 days) .
Hoya Capital High Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hoya Capital market risk premium is the additional return an investor will receive from holding Hoya Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hoya Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hoya Capital's alpha and beta are two of the key measurements used to evaluate Hoya Capital's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.27) |
Hoya Capital Against Markets
Picking the right benchmark for Hoya Capital etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hoya Capital etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hoya Capital is critical whether you are bullish or bearish towards Hoya Capital High at a given time. Please also check how Hoya Capital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hoya Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Hoya Etf?
Before investing in Hoya Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hoya Capital. To buy Hoya Capital etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hoya Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hoya Capital etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hoya Capital High etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hoya Capital High etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Hoya Capital High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hoya Etf please use our How to Invest in Hoya Capital guide.
Already Invested in Hoya Capital High?
The danger of trading Hoya Capital High is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hoya Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hoya Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hoya Capital High is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hoya Capital High is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hoya Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hoya Capital High Etf. Highlighted below are key reports to facilitate an investment decision about Hoya Capital High Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hoya Capital High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Hoya Capital High information on this page should be used as a complementary analysis to other Hoya Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Hoya Capital High is measured differently than its book value, which is the value of Hoya that is recorded on the company's balance sheet. Investors also form their own opinion of Hoya Capital's value that differs from its market value or its book value, called intrinsic value, which is Hoya Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hoya Capital's market value can be influenced by many factors that don't directly affect Hoya Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hoya Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hoya Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoya Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.