U.S. Real Estate ETF - Janus Henderson Investors
For Financial Professionals in the US

JRE U.S. Real Estate ETF

Our team of real estate specialists use in-depth market knowledge to create a truly active, high-conviction portfolio intentionally different than the benchmark.

NAV
$20.73
As of 04/16/2024

1-Day Change
-$0.22 (-1.05%)
 As of 04/16/2024

YTD Return
-8.51%
As of 04/16/2024

Overview

ABOUT THIS ETF

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

WHY INVEST IN THIS ETF

High-Conviction
An actively managed, all-cap strategy investing in REITs and real estate related securities that seeks defensive growth, diversification relative to broad equities and fixed income, and dividends

Differentiated Approach
A differentiated approach to research and portfolio construction, focused on opportunities across the asset class, including alternative uses of real estate and off-benchmark holdings

Real Estate Expertise
Team of real estate specialists that leverage local insights and industry relationships while seeking to generate attractive risk-adjusted returns

PORTFOLIO MANAGEMENT

Greg Kuhl, CFA

Greg Kuhl, CFA

Portfolio Manager

Industry since 2005. Joined Firm in 2015.

Daniel Greenberger

Daniel Greenberger

Portfolio Manager

Industry since 2006. Joined Firm in 2017.

Performance

RETURNS (%) (As of 03/31/2024)
Nav Market-Price FTSE Nareit Equity REITs Index
 
3M YTD 1YR Since Inception
(06/22/2021)
Nav -1.05 -1.05 4.18 -1.42
Market-Price -0.96 -0.96 4.42 -1.37
FTSE Nareit Equity REITs Index -0.20 -0.20 10.54 -0.12
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
RETURNS (%) (As of 03/31/2024)
Nav Market-Price FTSE Nareit Equity REITs Index
 
3M YTD 1YR Since Inception
(06/22/2021)
Nav -1.05 -1.05 4.18 -1.42
Market-Price -0.96 -0.96 4.42 -1.37
FTSE Nareit Equity REITs Index -0.20 -0.20 10.54 -0.12
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
Calendar Year Returns (%)
Nav FTSE Nareit Equity REITs Index
2023 2022
Nav 8.73 -23.30
FTSE Nareit Equity REITs Index 13.73 -24.37

MORNINGSTAR PERCENTILE

(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 92 - - - 36
Real Estate | Rank/Count 237/251 -/- -/- -/- 90/242
(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 92 - - - 36
Real Estate | Rank / Count 237/251 -/- -/- -/- 90/242

GROWTH OF A HYPOTHETICAL INVESTMENT

@Nav FTSE Nareit Equity REITs Index Real Estate
Source: Morningstar, Inc.
This graph compares the performance of a hypothetical $1 investment in the fund, the fund’s Morningstar category average and its benchmark(s).

PREMIUM/DISCOUNT HISTORY
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
03/28/202404/01/202404/04/2024$0.051618$0.000000$0.000000$0.051618
12/20/202312/21/202312/27/2023$0.364416$0.000000$0.000000$0.364416
09/29/202310/02/202310/05/2023$0.114760$0.000000 $0.000000 $0.114760
06/30/202307/03/202307/07/2023$0.106495$0.000000 $0.000000 $0.106495
03/31/202304/03/202304/06/2023$0.042409$0.000000 $0.000000 $0.042409
12/20/202212/21/202212/27/2022$0.326072$0.000000 $0.000000 $0.326072
09/30/202210/03/202210/06/2022$0.181587$0.000000 $0.000000 $0.181587
View Full History

Portfolio

Index represents the the FTSE Nareit Equity REITs Index

Top Holdings (As of 04/16/2024)
% of Fund
Equinix, Inc. 10.00
Welltower Inc. 7.84
Prologis, Inc. 7.81
Extra Space Storage Inc. 6.21
CubeSmart 5.65
AvalonBay Communities, Inc. 5.49
Sabra Health Care REIT, Inc. 4.82
UDR, Inc. 4.29
STAG Industrial, Inc. 4.13
NNN REIT, Inc. 4.09
View full holdings

Download

Regional Allocation % OF FUND % OF FUND (As of 04/16/2024)
Market Capitalization Range of Equity Holdings % OF FUND % OF FUND (As of 04/16/2024)
Developed vs Emerging Markets % OF FUND % OF FUND (As of 04/16/2024)

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Listed real estate: Taking comfort from REITs’ strong position amid challenging markets
Jul 3, 2023
Timely & Topical

Listed real estate: Taking comfort from REITs’ strong position amid challenging markets

Reasons for a more optimistic outlook for listed real estate for the remainder of the year and into 2024.

4 min read

“Almost party time?” – what a change in monetary policy means for listed property
Jan 26, 2024
Timely & Topical

“Almost party time?” – what a change in monetary policy means for listed property

Why public REITs are poised for better times as central banks end the rate hiking cycle.

6 min read

JH Explorer in San Francisco: Has the Golden City lost its luster?
Oct 18, 2023
Timely & Topical

JH Explorer in San Francisco: Has the Golden City lost its luster?

Justifications for a cautious view on the San Francisco office market.

4 min read

Please consider the charges, risks, expenses and investment objectives carefully before investing. Please see a prospectus or, if available, a summary prospectus containing this and other information. Read it carefully before you invest or send money.
Past performance is no guarantee of future results.
OBJECTIVE: Janus Henderson U.S. Real Estate ETF (JRE) seeks total return through a combination of capital appreciation and current income.
Holdings are subject to change without notice.

Investing involves risk, including the possible loss of principal and fluctuation of value.

There is no assurance the stated objective(s) will be met.

Real estate securities, including Real Estate Investment Trusts (REITs), are sensitive to changes in real estate values and rental income, property taxes, interest rates, tax and regulatory requirements, supply and demand, and the management skill and creditworthiness of the company. Additionally REITs could fail to qualify for certain tax-benefits or registration exemptions which could produce adverse economic consequences.

Derivatives can be more volatile and sensitive to economic or market changes than other investments, which could result in losses exceeding the original investment and magnified by leverage.

Concentrated investments in a single sector, industry or region will be more susceptible to factors affecting that group and may be more volatile than less concentrated investments or the market as a whole.

Initial Public Offerings (IPOs) are highly speculative investments and may be subject to lower liquidity and greater volatility. Special risks associated with IPOs include limited operating history, unseasoned trading, high turnover and non-repeatable performance.

Funds classified as “nondiversified” can take larger positions in a smaller number of issuers than “diversified” funds, which could lead to greater volatility.

Actively managed portfolios may fail to produce the intended results. No investment strategy can ensure a profit or eliminate the risk of loss.
Market data provided by Interactive Data.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment.
ETFs distributed by ALPS Distributors, Inc. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.
Janus Henderson Group plc ©

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