Cohen & Steers Real Estate Active ETF (CSRE)

Overview

The Cohen & Steers Real Estate Active ETF (ICF) is an actively managed fund investing primarily in real estate securities, aiming for long-term capital appreciation and income by leveraging the manager's expertise in real estate markets and security selection.

Reputation and Reliability

Cohen & Steers is a well-regarded investment management firm specializing in real estate and other alternative asset classes with a solid track record.

Management Expertise

The management team possesses deep expertise in real estate investing, with experienced professionals specializing in various sub-sectors and strategies.

Goal

Seeks long-term capital appreciation and income through active management of a portfolio primarily composed of real estate securities.

Investment Approach and Strategy

Strategy: Actively managed, focusing on security selection and sector allocation within the real estate market. It does not track a specific index.

Composition Primarily holds publicly traded real estate investment trusts (REITs) and real estate operating companies (REOCs).

Market Share: Insufficient public data available to accurately quantify ICF's specific market share within the broader real estate ETF market.

Total Net Assets (AUM): 569404230

Key Competitors

• Real Estate Select Sector SPDR Fund (XLRE)
• Vanguard Real Estate ETF (VNQ)
• iShares Core U.S. REIT ETF (USRT)

Competitive Landscape

The real estate ETF market is highly competitive, dominated by large passive index-tracking funds like XLRE and VNQ. ICF differentiates itself through active management, aiming to outperform passive strategies. However, active management involves higher fees and potential underperformance relative to the benchmark, while passive ETFs offer lower costs and broad market exposure.

Historical Performance: Historical performance data is essential to understand trends of this ETF, but it's subject to market conditions and past performance is not indicative of future results.

Benchmark Comparison: Performance should be compared to a broad real estate index, such as the MSCI US REIT Index, to assess the value added by active management.

Expense Ratio: 0.75

Average Trading Volume

The average trading volume of the ETF varies, impacting the ease of buying and selling shares; higher volume indicates better liquidity.

Bid-Ask Spread

The bid-ask spread, which represents the difference between the highest price a buyer is willing to pay and the lowest price a seller will accept, is generally low, indicating relatively efficient trading.

Market Environment Factors

Economic growth, interest rate changes, inflation, and real estate market trends influence ICF's performance. Higher interest rates may negatively impact REIT valuations, while strong economic growth could boost demand for real estate.

Growth Trajectory

ICF's growth depends on the performance of its active investment strategies and the overall health of the real estate market, including any changes in holdings to adjust to changes in real estate dynamics.

Competitive Edge

ICF's competitive edge lies in its active management approach and the expertise of Cohen & Steers in real estate markets. The fund seeks to outperform passive real estate ETFs by identifying undervalued securities and capitalizing on market inefficiencies. Their experienced management team monitors trends and adjusts the portfolio to maximize capital appreciation. This expertise and flexibility offer investors the potential for superior returns compared to index-tracking alternatives, but it does carry more management and risk.

Volatility

ICF's volatility depends on the underlying real estate holdings and can be impacted by changes in market sentiment, interest rates, and economic conditions.

Market Risk

ICF is exposed to real estate market risk, including risks related to property values, vacancy rates, and regulatory changes, potentially influencing the fund's performance.

Ideal Investor Profile

ICF is suitable for investors seeking exposure to real estate with the potential for outperformance through active management and are comfortable with higher fees.

Market Risk

ICF may be suitable for long-term investors willing to pay for active management in the real estate sector, but those prioritizing low costs and passive exposure may prefer index funds.

The Cohen & Steers Real Estate Active ETF is an actively managed fund focused on real estate securities, aiming to generate income and capital appreciation. It differentiates itself from passive ETFs with its active management approach, leveraging Cohen & Steers' expertise in real estate, however, it comes with higher fees. Market dynamics and economic factors play an important role in ICF's success. Ideal investors include those who are seeking outperformance in real estate, are comfortable with higher expenses and actively managed portfolio, and long-term investing strategy.

Data Sources:

• Cohen & Steers Website
• ETF.com
• Morningstar
• Yahoo Finance

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.