This ETF offers exposure to global real estate markets, including both developed and emerging economies outside of the U.S. (previously, DRW had focused exclusively on developed ex-U.S. As such, this ETF has the potential to be useful both as a tactical tool for establishing a short term tilt towards this risky asset class or as a component of a longer-term portfolio that fills a void left by most international equity funds. International real estate securities can exhibit significant risk, but are also capable of delivering both meaningful capital appreciation and current returns. DRW maintains a broad-based portfolio of REITs, but has some significant concentration in a few big names in the portfolio. Moreover, a couple of countries account for big chunks of holdings, increasing sensitivity to commercial real estate markets in Australia and Hong Kong. It should also be noted that DRW is linked to a dividend-weighted index; that feature may be appealing for those who find fault with cap-weighting methodology, and may also serve to boost the yield component of the return profile. The focus on companies that pay regular cash dividends could offer more stability than others in the category but also provide less growth potential. This ETF is one of several options in the Global Real Estate ETFdb Category; DRW is set apart thanks to its dividend-weighted methodology and focus on both developed and emerging markets. Investors weighing the various options should take into consideration expenses (DRW is competitive in this regard), depth and balance of holdings, and allocations to emerging markets (that breakdown can have a meaningful impact on the risk/return profile).
The adjacent table gives investors an individual Realtime Rating for DRW on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Global Real Estate with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
There are 4 other ETFs in the Global Real Estate ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of DRW relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.