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IQ U.S. Real Estate Small Cap ETF Stock Price: Quote, Forecast, Splits & News (ROOF)

Perplexity Finance

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Company Profile

IQ U.S. Real Estate Small Cap ETF Price & Performance (ROOF)

Stock Performance

Updated Nov 20, 2024, 7:56 PM UTC

IQ U.S. Real Estate Small Cap ETF

$20.75USD

+$1.70 (+8.9%)

Open

$20.69

Market Cap

$37.28M

Year High

$22.69

High

$20.75

P/E Ratio

26.9

Year Low

$18.14

Low

$20.67

Dividend Yield

1.74%

Volume

14.37K

What's Happening

Peers

Invesco Active U.S. Real Estate Fund
$89.33
PSR:AMEX
1.79%
First Trust S&P REIT Index Fund
$26.12
FRI:AMEX
0.8%
Invesco KBW Premium Yield Equity REIT ETF
$15.26
KBWY:NASDAQ
1.61%
VanEck Mortgage REIT Income ETF
$9.43
MORT:AMEX
1.67%
iShares Residential and Multisector Real Estate ETF
$81.73
REZ:AMEX
0.67%

Related

Financial information provided by Financial Modeling Prep. Options data provided by Unusual Whales. Live transcripts provided by Quartr. All data is provided for informational purposes only, and is not intended for trading purposes or financial, investment, tax, legal, accounting or other advice. · See all tickers.

Overview
Latest News
Earnings
Related

Recent Transcripts

NorthStar is on track for Calgary facility completion and expansion into Ontario and the U.S.

$14M royalty debenture, $1.6M and $2.7M BDC draws

$165K Q3, $475K YTD

Northstar is fully funded and focused on delivering its first commercial Calgary facility in 2024.

Funding Secured

$17.5M CapEx, full grants, loans, oversubscribed debenture

Feedstock Agreements

IKO & Eco Recycling signed, scalable supply potential

Go Deeper

How might the recent decline in real estate investor optimism impact the short-term performance of the IQ U.S. Real Estate Small Cap ETF (ROOF)?
Will the ETF's new focus on 'NextGen Trends' and global diversification help offset sector volatility amid current economic uncertainty?
How could the lowered management fee influence fund inflows and liquidity for ROOF in the coming quarters?
Given the ETF's recent index change, what new types of real estate companies are now included in the portfolio, and how could this affect returns?
With small-cap real estate stocks facing increased risks, what strategies is the ETF using to manage potential downside in a volatile market?

Latest News

IndexIQ’s ROOF ETF Shifts Focus, Reduces Fees Amid Strategic Overhaul
IndexIQ has rebranded its U.S. Real Estate Small Cap ETF to the IQ CBRE NextGen Real Estate ETF, now tracking the CBRE NextGen Real Estate Index. The fund’s management fee dropped from 0.69% to 0.60%. The move aims to capture emerging property sector trends and diversify exposure, particularly toward U.S.-based companies.12
ROOF ETF Maintains Steady Performance, Remains a Hold Candidate
The IQ U.S. Real Estate Small Cap ETF (ROOF) closed at $20.75 on February 19, 2025, with a 52-week range of $18.14 to $22.69 and a market cap of $37.3 million. Analysts suggest holding the ETF for now, citing positive signals but insufficient momentum for a strong buy recommendation.34
Management Fee Cut and New Index Position ROOF for Innovation-Driven Growth
The ROOF ETF’s transition to the CBRE NextGen Real Estate Index, coupled with a lower management fee, targets property sectors benefiting from long-term economic trends. The revamped index, with quarterly rebalancing, is designed to improve resilience and provide investors with differentiated real estate exposure amid evolving market dynamics.24

Earnings

Report Date

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Rev Estimate

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Avg 1d Change

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Report Period

Q4 2024

EPS Estimate

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Implied Move 1d

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Transcript

Event starts on April 23, 2025 at 9:00 PM UTC

Key Insights

No earnings data available for this event.