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LPRE

GradeDNew York Stock Exchange Arca

Long Pond Real Estate Select ETF

Active Equity · Long Pond · Inception 2025-04-03

$27.43−0.18 (−0.64%)

As of Sep 23, 2026, 2:12 PM EDT

History starts Apr 4, 2025.
Intraday session: down, 14 prints from 27.61 to 27.43. Range 27.33 to 27.52. Use the arrow keys to read each point.$27.35$27.40$27.5010 AM12 PM2 PM4 PM
Expense ratio
1.00%
Fund size
$171M
1Y return
+8.2%
Yield · Last 12 months
1.82%
Holdings
24
Volume · 30D
0M sh
NAV per share
$27.52
52W range
low $25.25high $30.85

The ETF.net LPRE Grade

D

35/ 100

Rank 31 of 35 in US Active Sector⁠

Confidence Medium

Six-pillar profile for LPRE. Scores out of 100: Cost 9, Risk 55, Mission not scored, Tradability 59, Holdings 46, Durability 53. Strongest: Tradability (59). Weakest: Cost (9). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 35 of 100 sits in the D 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 9
    Category rank32/35 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 55
    Category rank15/35 · top 43%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 59
    Category rank14/35 · top 40%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 46
    Category rank24/35 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank21/35 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on LPRE

ETF.net Research

DA real estate specialist's stock picking, packaged as an ETF. Launched in 2025, it chases total return from property equities instead of tracking a REIT index, and it charges specialist prices for the privilege.

Stated mandate

The Fund seeks total return through capital appreciation.

Why people hold it

  1. 01Run as an active mandate, not an index sleeve: a real estate house choosing the names rather than owning the property sector at market weight.
  2. 02Plain wrapper, plain goal: a standard 1940 Act ETF seeking total return through capital appreciation, with a quarterly distribution cadence.
  3. 03Concentrated property exposure. Cohort leaders like DFAU and DFAC are broad US core funds that hold real estate only at index weight; here it is the whole portfolio.

Worth knowing

  1. 01Costs 1.00% a year against a cohort median near 0.65%. That is boutique-active pricing, and it is a hurdle the manager has to clear every year.
  2. 02Thinly traded compared with the cohort's household names, which can mean wider bid-ask spreads on the way in and out.
  3. 03Launched in 2025 and pinned to one rate-sensitive sector: short history to judge, and far less diversification than a broad core equity fund.

LPRE Holdings

As of Sep 20, 2026, 10:16 AM
Asset class
Stocks
Holdings
24
Top-10 weight
64%
Largest holding
ELS8.0%

Sectors

  • Real Estate67.3%
  • Consumer Discr.32.7%

Geography

  • United States92.62%
  • France4.50%
  • United Kingdom2.87%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ELSEQUITY LIFESTYLE PROPERTIES7.97%224,970$14M167
002IRTINDEPENDENCE REALTY TRUST IN7.86%901,576$14M112
003DHIHORTON D.R. INC7.75%95,222$13M306
004HHYATT HOTELS CORP - CL A7.50%83,602$13M140
005UDRUDR INC6.38%321,521$11M204
006MAAMID-AMERICA APARTMENT COMM6.16%87,700$11M233
007HGVHILTON GRAND VACATIONS INC5.61%260,454$10M114
008HLTHILTON WORLDWIDE HOLDINGS INC4.94%28,154$9M327
009JANJANUS LIVING INC CL-A-14.89%278,807$8M57
010ADCAGREE REALTY CORP4.86%123,006$8M141
011AC.PAACCOR SA4.60%151,032$8M81
012INVHINVITATION HOMES3.86%245,243$7M237
013PLDPROLOGIS INC3.17%40,445$5M344
014CPTCAMDEN PROPERTY TRUST2.94%50,224$5M199
015COLDAMERICOLD REALTY TRUST INC2.89%335,486$5M90

Showing 1–15 of 25 holdings

LPRE Performance

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

LPRE$10,822
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. LPRE $10,822. SPY $11,723. Use the arrow keys to read each point.$9,331$10,782$12,234Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for LPRE. Periods over one year show the average yearly return.
PeriodLPRE
Year to date+4.6%
1 month−8.2%
3 months−5.3%
1 year+8.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 LPRE
YearReturn barLPRE
2026 YTD+4.6%
2025+17.1%

History from Apr 4, 2025

LPRE in the news

ETF.net Research hasn’t filed on LPRE yet — coverage lands here as it’s written.

LPRE 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 Sep 22, 2026.
1.82%Last 12 months
Payout per share
$0.50Last 12 months
Last payment
$0.24 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Jun 26, 2025 $0.08; Sep 29, 2025 $0.02; Dec 30, 2025 $0.15; Mar 27, 2026 $0.09; Jun 26, 2026 $0.24. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Jun 26, 2026Jun 30, 2026$0.24
Mar 27, 2026Mar 31, 2026$0.09
Dec 30, 2025Dec 31, 2025$0.15
Sep 29, 2025Sep 30, 2025$0.02
Jun 26, 2025Jun 27, 2025$0.08

LPRE Risk

How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 16 months to Aug 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.
0.98
vs 3-month T-bills · 16 months to Aug 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.
−10.6%
17 months · trough Sep 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.
0.65
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.

LPRE Cost

Expense ratio1.00%
  • The middle half of US Active Sector funds
  • Median 0.65%

28 of the 33 US Active Sector funds charge less.

LPRE costs $100.00 a year on $10,000. The median US Active Sector fund costs $65.00.