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Launched · SEC filings

VanEck Office and Commercial REIT ETF

DESKNYSE ArcaVanEckF

$39.820.00 (0.00%)

As of Nov 10, 2026, 9:46 AM ET

F20/ 100

Rank 20 of 22 in US Real Estate

F20/100Rank 20 of 22inUS Real Estate
Intraday session: flat, 1 prints from 39.82 to 39.82. Range 39.82 to 39.82. Use the arrow keys to read each point.39.0039.5040.5010 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$6M
1Y total return
+6.1%
Yield · Last 12 months
4.82%
Holdings
26
Avg volume · 30D
17.5K sh
52W range
low $32.00high $43.92
Launched
Filings
SEC EDGAR

The ETF.net DESK Grade

Based on 5 of 6 pillars

F

Score 20 out of 100

Category
US Real Estate⁠
Rank
20 of 22
Six-pillar profile for DESK. Scores out of 100: Cost 14, Risk 18, Mission not scored, Tradability 30, Holdings 29, Durability 14. Strongest: Tradability (30). Weakest: Durability (14). Based on 5 of 6 pillars.

Score 20 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F14 out of 100
    Rank 19 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F18 out of 100
    Rank 22 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 15 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 20 of 22

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F14 out of 100
    Rank 22 of 22

Our read on DESK

ETF.net Research

In short

FOffice towers, isolated. DESK tracks an index of US office and commercial REITs, roughly two dozen landlords, so the work-from-home debate comes through undiluted instead of buried in a broad property fund.

Stated mandate

DESK is designed to closely follow, before fees and expenses, the price and yield performance of an index representing U.S. office and commercial REITs.

Why people hold it

  • Broad REIT funds bury offices among warehouses, cell towers and data centers. DESK's index is built only from US-listed office and commercial REITs, so the exposure stays undiluted.vaneck.com
  • At 0.51%, the fee sits right at the median for real estate ETFs we grade and well under niche peers like CLIM at 0.90%.
  • Plain index plumbing from a house that has run thematic REIT funds for years (see MORT): published index, roughly two dozen names, quarterly distributions.

Worth knowing

  • One property type, roughly two dozen holdings. Office rent and vacancy news lands on the whole portfolio at once, with no other REIT sectors to soften it.
  • A small, thinly traded fund launched in 2023. Wider bid-ask spreads and less depth on the screen come with the territory.
  • Against the real estate ETFs we cover, it lands in the lower half, mostly on concentration and the volatility that a single-sector sleeve carries.

DESK Performance

Launched Sep 19, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
DESK$10,606
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. DESK $10,606. SPY $11,339. Use the arrow keys to read each point.$8,000$10,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DESK. Periods over one year show the average yearly return.
PeriodDESK
Year to date+12.9%
1 month+6.7%
3 months−3.3%
1 year+6.1%
3 yearsper year+14.9%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DESK
YearReturn barDESK
2026 YTD+12.9%
2025−10.4%
2024+16.1%
2023+18.9%

History from Sep 21, 2023

DESK in the news

DESK Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
4.82%Last 12 months
Payout per share
$1.92Last 12 months
Last payment
$0.45 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.67; Apr 1, 2024 $0.48; Jul 1, 2024 $0.41; Oct 1, 2024 $0.33; Dec 27, 2024 $0.41; Apr 1, 2025 $0.60; Jul 1, 2025 $0.33; Oct 1, 2025 $0.51; Dec 29, 2025 $0.46; Apr 1, 2026 $0.64; Jul 1, 2026 $0.36; Oct 1, 2026 $0.45. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.45
Jul 1, 2026Jul 7, 2026$0.36
Apr 1, 2026Apr 7, 2026$0.64
Dec 29, 2025Dec 31, 2025$0.46
Oct 1, 2025Oct 6, 2025$0.51
Jul 1, 2025Jul 7, 2025$0.33
Apr 1, 2025Apr 4, 2025$0.60
Dec 27, 2024Dec 30, 2024$0.41
Oct 1, 2024Oct 4, 2024$0.33
Jul 1, 2024Jul 5, 2024$0.41
Apr 1, 2024Apr 5, 2024$0.48
Dec 27, 2023Dec 29, 2023$0.67

$10,000 in DESK 3 years ago paid $1,850 in dividends.

DESK Risk

Risk pillarF18 out of 100Rank 22 of 22 in US Real Estate
How much the fund’s monthly returns vary, scaled to a year.
22.2%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.52
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.7%
37 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.11
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

DESK Cost

Compare DESK and SCHH

Overpaying vs SCHH, cheapest in US Real Estate

$8,685

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DESK 0.51%

    $10,165

  • SCHH 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • DESK 0.51%
  • SCHH 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530DESK $10,165SCHH $1,480

Year by year

YearDESKSCHHOverpaying
10$918$128$790
20$3,527$503$3,024
30$10,165$1,480$8,685

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