NURE vs SRET

NUREBNuveen Short-Term REIT

SRETBGlobal X SuperDividend REIT ETF

In short

NURE Most REIT funds pick buildings. NURE picks lease length: an index of apartment, hotel, self-storage and manufactured-home REITs, the corners of real estate where rents reset fastest.

SRET Most global real estate ETFs rank landlords by size. SRET flips it: a tight basket of about 29 REITs worldwide chosen off a SuperDividend yield screen, paid out monthly. A yield-first take in a market-cap-first cohort.

Stated mandate

NURE The Fund seeks to track, before fees and expenses, the performance of the Dow Jones U.S. Select Short-Term REIT Index.

SRET SRET seeks to track, before fees and expenses, the price and yield performance of the Solactive Global SuperDividend ® REIT Index.

Why people hold it

• NURE The lease-duration slice is the whole idea. Nuveen's own description: short leases may make these REITs less price-sensitive to rate moves than long-lease landlords.nuveen.com
• 0.36%, below the real estate category median and the cheapest of the top-scoring peers here (MORT 0.43%, REM 0.48%, SRET 0.58%, CLIM 0.90%). No waiver propping that number up.
• No single REIT can exceed 5% of the index at a rebalance, so the roughly 29 float-weighted holdings don't get run by one landlord.sec.gov

• SRET Yield is the screen, not an afterthought. The Solactive Global SuperDividend REIT Index sorts on payout instead of market cap, so big landlords don't automatically get big weights.
• Distributions land monthly rather than quarterly, which lines the cash flow up with how rent actually arrives.
• Global by design: the mandate reaches beyond US REITs, and the fund has run through a full real estate cycle since its 2015 launch.

Worth knowing

• NURE Four property types, full stop. No offices, malls, towers, data centers or industrial, so it skips chunks of the market a broad REIT fund owns.nuveen.com
• A small fund that trades thinly. Spreads and market impact can matter more to your cost than the expense ratio does.
• Short leases cut both ways: hotel rooms reprice nightly, so rents can reset down as fast as they reset up.sec.gov

• SRET At 0.58% it runs above the 0.50% typical for global real estate funds, and far above index majors like REET (0.14%) and VNQI (0.12%).
• Around 29 holdings means each name pulls real weight, and a yield screen reshuffles the roster as payouts change.
• It's a smaller, thinly traded fund, so spreads can widen. Limit orders do more work here than with the cohort's giants.

Full NURE profile⁠

Full SRET profile⁠