VanEck Office and Commercial REIT ETF
$38.14−0.71 (−1.83%)
- Expense ratio
- 0.51%
- Fund size
- $6M
- 1Y return
- −4.7%
- Yield · Last 12 months
- 5.08%
- Holdings
- 26
- Volume · 30D
- 0M sh
- NAV per share
- $38.91
- 52W range
The ETF.net DESK Grade
Score 20 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 17Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 19Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 26Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 31Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 15Category rank
Our read on DESK
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.
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 Holdings
- Other
- 26
- 68%
- BXP
Sectors
- Real Estate100.0%
Geography
- United States100.00%
DESK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | DESK |
|---|---|
| Year to date | +8.7% |
| 1 month | −5.9% |
| 3 months | −2.7% |
| 1 year | −4.7% |
| 3 years | +10.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DESK |
|---|---|---|
| 2026 YTD | +8.7% | |
| 2025 | −10.4% | |
| 2024 | +16.1% | |
| 2023 | +18.9% |
DESK in the news
ETF.net Research hasn’t filed on DESK yet — coverage lands here as it’s written.
DESK Dividends
- 5.08%
- $1.97
- $0.36 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jul 1, 2026 | Jul 7, 2026 | $0.36 |
| Apr 1, 2026 | Apr 7, 2026 | $0.64 |
| Dec 29, 2025 | Dec 31, 2025 | $0.46 |
| Oct 1, 2025 | Oct 6, 2025 | $0.51 |
| Jul 1, 2025 | Jul 7, 2025 | $0.33 |
| Apr 1, 2025 | Apr 4, 2025 | $0.60 |
| Dec 27, 2024 | Dec 30, 2024 | $0.41 |
| Oct 1, 2024 | Oct 4, 2024 | $0.33 |
| Jul 1, 2024 | Jul 5, 2024 | $0.41 |
| Apr 1, 2024 | Apr 5, 2024 | $0.48 |
| Dec 27, 2023 | Dec 29, 2023 | $0.67 |
DESK Risk
- 22.7%
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.
- 0.45
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.
- −28.7%
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.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DESK Cost
- The middle half of US Real Estate funds
- Median 0.35%
17 of the 21 US Real Estate funds charge less.