Summary
Long Pond Real Estate Select ETF is an ETF - a fund traded on an exchange like a stock - run by Long Pond. Positions inside: 25. The ten largest make up 64% of the fund.
- Yearly costs
- 1.00%
- Fund size
- $177.4M
- Positions
- 25
- Dividend yield
- 1.85%
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 64% of the fund, so its result rests on a few names.
- 62% of the fund is in one sector (Real estate).
- 100% of the fund is in one country (United States).
- Costs of 1.00% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2025.
- It trades little: only about $666.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +0.4%
- 3 months
- -7.3%
- This year
- +3.9%
- 1 year
- +4.4%
- Avg. market cap
- $19.4B
- P/E
- 25.5x
- Forward P/E
- 21.1x
- P/S
- 2.5x
- P/B
- 2.3x
- P/FCF
- 15.3x
- EV/EBITDA
- 14.6x
- Dividend yield
- 3.08%
- ROIC
- 6.3%
- ROE
- 13.9%
- Gross margin
- 40.6%
- Operating margin
- 26.2%
- Net margin
- 16.4%
- Payout ratio
- 78.5%
- Net debt/EBITDA
- 6.7x
- Beta
- 0.65
Weighted average of the 24 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 ELEquity LifeStyle Properties, Inc. ELS 7.9%
- 2 SBSBA Communications Corporation SBAC 7.9%
- 3 IRIndependence Realty Trust, Inc. IRT 7.7%
- 4 HHyatt Hotels Corporation H 7.7%
- 5 HGHilton Grand Vacations HGV 6.2%
- 6 ADAgree Realty Corporation ADC 6.0%
- 7 MAMid-America Apartment Communities, Inc. MAA 5.9%
- 8 UDUDR, Inc. UDR 4.9%
- 9 INInvitation Homes Inc. INVH 4.8%
- 10 JAJanus Living, Inc. JAN 4.8%
Positions in the fund: 25. The ten largest make up 64% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One sector dominatesBy sector
- Real estate 62%
- Consumer cyclical 38%
By country
- United States 100%
- Other countries 0.2%
By company size
- Large cap 58%
- Mid cap 42%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Real estate (62%). Largest country: United States (100%). Largest size group: Large cap (58%).
What does it cost me?
Expensive- A year from $10,000
- $100
- Over 20 years
- $4,622
From every $10,000 invested the fund takes $100 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,622.
How has it done?
Growing slowly- Over the last year
- +4.4%
- Deepest drop
- -13%
- Yearly volatility
- 15%
Growth over the last year: 4.4%. Deepest drop in these years: 13% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.85%
- Payments a year
- 3
- Last payment
- $0.03
Over the last 12 months it paid $0.51 per share, which is 1.85% of today's price. The last payment was $0.03 on Sep 28, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $666.6K
- Shares a day
- 24K
On an average day about $666.6K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.5
- Average Bulios Score
- 62 out of 100
Weight by Bulios Fair Price
- Undervalued 50%
- Fairly valued 11%
- Overvalued 39%
On average the companies inside trade for 25.5 times their yearly profit. By Fair Price, 50% of the rated weight comes out as undervalued.
Counted from its largest companies (24), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
NU NURE Nuveen Short-Term REIT | United States | 0.35% | $30.6M | +7.6% | Pays out | 29% |
HA HAUS Residential REIT ETF | United States | 0.60% | $7.35M | -3.8% | Pays out | 29% |
RN RNTY YieldMax Target 12 Real Estate Option Income ETF | United States | 0.99% | $2.39M | -8.2% | Pays out | 26% |
RS RSPR Invesco S&P 500 Equal Weight Real Estate ETF | United States | 0.40% | $83.6M | -3.7% | Pays out | 23% |
PP PPTY US Diversified Real Estate ETF | United States | 0.53% | $23.8M | +2.4% | Pays out | 21% |
HG HGR.TO Harvest Global REIT Leaders Income ETF | Canada | 0.85% | $37.6M | -14% | Pays out | 21% |