Tidal ETF Trust - Intelligent Real Estate ETF(REAI)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$19.69
10/01/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for REAI

10/01/2026: REAI (1-star) is currently NOT-A-BUY. Pass it for now.

Tidal ETF Trust's Intelligent Real Estate ETF (REAI) is an actively managed fund that utilizes a quantitative approach to select US real estate securities with the goal of outperforming traditional passive indices. Its primary strengths include a disciplined, rule-based process and potential for alpha, though it faces competition from much larger, low-cost passive ETFs. The fund is best suited for long-term investors looking to gain targeted real estate exposure while seeking to avoid the constraints of market-cap weighting. Key risks include sensitivity to interest rate fluctuations, sector-specific concentration, and higher management costs compared to passive alternatives. Investors should monitor the fund’s expense ratio and performance relative to benchmark indices like VNQ.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitReal estate is generally income-focused, but the active strategy aims for capital appreciation that may appeal to growth-oriented investors.
Momentum investorStrong fit while signal remains positiveThe fund's quantitative strategy incorporates momentum factors, making it a potential fit when the sector's trend is upward.
Value investorStrong fitThe selection process often favors undervalued REITs, aligning well with value-oriented investment philosophies.
Dividend/Income investorStrong fitAs a real estate-focused vehicle, the fund inherently provides exposure to the dividend yields typically associated with REITs.
Low-risk investorWeak fitConcentration in the real estate sector and the risks inherent in active management make this less suitable for highly conservative portfolios.

Investor Profile

Ideal Investor Profile

The ideal investor is someone who is bullish on US real estate and believes in the efficacy of active, quantitative stock selection over passive market-cap weighting.

Suitability

REAI is best suited for long-term investors seeking real estate exposure as part of a diversified portfolio rather than for active, short-term day trading.

Risk Profile

Risk factorLevelWhy it matters
VolatilityMedium / highReal estate securities often experience significant price swings driven by interest rate news and economic cycles.
Market riskMedium / highThe fund is subject to the general performance of the US real estate market and broader financial sector sentiment.
ConcentrationMediumThe focus on real estate limits diversification across other asset classes like equities or bonds.
Tracking/expenseMediumHigher expense ratios compared to passive funds require consistent outperformance to justify the cost.
LiquidityMediumLower trading volume relative to major ETFs may lead to increased transaction costs during periods of market stress.
Business/sector qualityMediumSpecific property sector headwinds, such as commercial office vacancies, can significantly impact underlying security performance.

Risk Analysis

Volatility

REAI exhibits moderate to high volatility consistent with the inherent sensitivities of REITs to interest rates and economic cycle changes.

Market Risk

The fund faces significant exposure to the US real estate sector, including risks related to property valuation, vacancy rates, and legislative impacts on rental markets.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
SectorEquity REITs (Diversified, Residential, Industrial, Retail, Data Centers)95The fund provides diversified exposure to various property types through a basket of professionally managed real estate companies.
Cash/collateralCash and Cash Equivalents5A small cash position is maintained to manage daily liquidity and rebalancing needs.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Very Smooth
PRICE STABILITY

Very Smooth

The stock has followed a highly orderly price path with minimal short-term disruption.

Analysis of Past Performance

Type ETF
Historic Profit 0.86%
Avg. Invested days 53
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/01/2026

ETF Fundamentals

Source: EOD Historical Data • Updated Oct 1, 2026

Fund Basics

MetricValue
Fund Size (AUM)$1.02M
IssuerArmada ETF
Expense Ratio0%
Distribution Yield1.79%
InceptionJun 12, 2023

Performance

PeriodTotal Return
YTD +15.97%
1 Year +9.92%
3 Year +8.77%
Returns over 1 year are annualized • As of Oct 1, 2026

Risk Metrics

MetricValue
1Y Volatility17.29%
3Y Volatility17.51%
3Y Sharpe Ratio0.15
Based on daily returns • As of Oct 1, 2026

Ratings

MetricValue
Morningstar Rating★★★★★

Market Cap Distribution

Cap SizeWeight
Mid Cap
44.17%
Small Cap
30.10%
Large Cap
14.32%
Micro Cap
3.74%

Top Sectors

SectorWeight
Real Estate
98.10%
Technology
1.90%
Basic Materials
0.00%
Consumer Cyclicals
0.00%

Asset Allocation

U.S. Equities
68.43%
Non-U.S. Equities
25.69%
Other
3.33%
Cash
2.55%

Portfolio Characteristics

MetricValue
Portfolio P/E25.81x
Portfolio P/B1.65x
Portfolio P/S7.1x

Top Holdings

HoldingWeight
Equinix 10.04%
Digital Realty Trust 9.51%
DIGITAL CORE REIT 7.56%
Segro 5.36%
Iron Mountain 5.35%
Top 10 concentration: 60.41% View all 10 holdings →
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