REC ETF — Holdings & Analysis

companies within the real estate sector. REC offers a dividend yield of 2.68% and distinguishes itself by focusing exclusively on real estate credit, providing targeted exposure to this segment of the market. Past performance does not guarantee future results.

Emles Real Estate Credit ETF (REC) ETF — Price, Holdings & Analysis

The Emles Real Estate Credit ETF (REC) is a passively managed fund with $0.00B in assets under management and an expense ratio of 0.48%. Launched in October 2020, REC aims to track the performance of corporate bonds issued by U.S. companies within the real estate sector. REC offers a dividend yield of 2.68% and distinguishes itself by focusing exclusively on real estate credit, providing targeted exposure to this segment of the market. Past performance does not guarantee future results.

ETF Overview

The index is a market value weighted index designed to measure the performance of corporate bonds issued in the U.S. by U.S. companies (and their subsidiaries) in the real estate sector. The fund generally invests at least 90% of its net assets (plus borrowings for investment purposes) in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

The Emles Real Estate Credit ETF (REC) seeks to replicate the performance of an index that measures corporate bonds issued by U.S. real estate companies and their subsidiaries. The fund invests at least 90% of its net assets in the index's component securities. REC may also allocate up to 10% of its assets to futures, options, swap contracts, cash, and cash equivalents. As a non-diversified fund, REC offers concentrated exposure to the real estate credit market. Its holdings are currently concentrated in Cash & Others, representing 100% of the fund's allocation. This ETF is designed for investors seeking targeted exposure to the real estate sector through corporate bonds, offering a specific investment vehicle within the broader equity market. Past performance does not guarantee future results.

Risk Metrics

REC's risk profile is influenced by its non-diversified status, which concentrates its investments in a single sector, real estate credit. The fund's sector allocation is 100% in Cash & Others, indicating a high degree of concentration risk. With a 3-year beta of 0.00, REC exhibits low volatility relative to the broader market, but this may not reflect its potential sensitivity to real estate-specific economic conditions. The expense ratio of 0.48% introduces a cost drag on performance, which investors may want to research. The fund's concentration and sector-specific focus may amplify both gains and losses compared to more diversified equity ETFs. Past performance does not guarantee future results.

Expense Ratio

0.48%

How Is the Fund Allocated?

Sector	Weight
Cash & Others	100.0%

Country	Weight
Other	100.0%

Dividend Yield

2.68%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is REC and what does it track?

The Emles Real Estate Credit ETF (REC) is an exchange-traded fund that aims to track the performance of corporate bonds issued by U.S. companies (and their subsidiaries) operating in the real estate sector.

The fund is designed to provide investors with targeted exposure to the real estate credit market.

What is the expense ratio for REC?

The expense ratio for the Emles Real Estate Credit ETF (REC) is 0.48%. This means that for every $10,000 invested in the fund, $48 is deducted annually to cover operating expenses.

While there isn't a specific category average available for real estate credit ETFs, the expense ratio should be considered in the context of similar fixed-income or real estate-focused ETFs to assess its relative cost.

What are the top holdings in REC?

As of 2026-03-15, the Emles Real Estate Credit ETF (REC) has a concentrated portfolio. The fund's top holding is Cash & Others, representing 100% of the fund's allocation.

This concentration indicates that the fund's performance is heavily reliant on this single allocation. Investors should be aware of this concentration when considering an investment in REC.

Is REC a good long-term investment?

Whether the Emles Real Estate Credit ETF (REC) is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon.

REC offers targeted exposure to the real estate credit market, which can be attractive for investors seeking specific sector exposure. However, its non-diversified nature and concentration in Cash & Others (100%) introduce specific risks.

How does REC compare to similar ETFs?

The Emles Real Estate Credit ETF (REC) distinguishes itself with its focus on corporate bonds issued by U.S. real estate companies.

With an expense ratio of 0.48% and $0.00B in AUM, REC is a smaller fund compared to broader real estate ETFs.

Does REC pay dividends?

Yes, the Emles Real Estate Credit ETF (REC) does pay dividends. As of 2026-03-15, REC has a dividend yield of 2.68%. This yield represents the annual dividend income an investor can expect to receive relative to the fund's share price.

The dividend yield may fluctuate based on market conditions and the performance of the underlying assets.