VanEck Office and Commercial REIT ETF
$37.72+0.10 (+0.26%)
- 0.51%
- $6M
- +0.9%
- 5.10%
- 0M sh
- $37.63
- low $32.00high $43.92
The ETF.net DESK Grade
F
Score 22 out of 100
- 20 of 22
Score 22 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.F17 out of 100Rank 18 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 22 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 15 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D29 out of 100Rank 21 of 22Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F15 out of 100Rank 22 of 22
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
- 72%
- CUZ
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.
Not enough history yet.Not enough history yet.
DESK$10,091
Returns run to the Oct 12, 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 | +6.7% |
| 1 month | −2.7% |
| 3 months | −8.3% |
| 1 year | +0.9% |
| 3 years | +11.4% |
| 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 | +6.7% | |
| 2025 | −10.4% | |
| 2024 | +16.1% | |
| 2023 | +18.9% |
DESK in the news
Category Review
Vanguard's property fund lost a first-half lead over stocks
DESK Dividends
- 5.10%
- $1.92
- $0.45 per share
- Quarterly
Distribution history
DESK Risk
- 22.9%
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.
- 0.32
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.
- 1.14
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
0.51%
DESK0.51%
- The middle half of US Real Estate funds
- Median 0.35%
17 of the 21 US Real Estate funds charge less.
Other funds in US Real Estate
- CRIETHoya Capital High Dividend Yield ETFExpense ratio 0.50%1 year return −0.6%
- CTRURVanEck Real Estate TruSector ETFExpense ratio 0.17%1 year return —
- DDCREDoubleLine Commercial Real Estate ETFExpense ratio 0.39%1 year return +2.9%
- FNETLColterpoint Net Lease Real Estate ETFExpense ratio 0.60%1 year return +4.6%
- FTSRSTruth Social American Red State REITs ETFExpense ratio 0.65%1 year return —