RDMSUN
Index Performance
Overview
Description
RDM US REITs Sunbelt (RDMSUN) index is a rule-based index based on the following: Rules 1) Classified as an equity REIT 2) Listed on a major US Exchange 3) Based on RDM property data, at least 60% of properties in REIT portfolio must be located within the Sunbelt region, which is comprised by the following states: AZ,NV,NM,TX,OK,AR,TN,LA,MS,AL,GA,SC,NC,FL Property data and geospatial analytics are available on Snowflake. Check us out on the marketplace https://app.snowflake.com/marketplace/listing/GZ2FQZOPKR4/reit-data-market-reit-geospatial-analytics Weighting Weighting derived from "geographic concentration" normalized as a fraction of a 100. REITs with higher concentration of their props within the Sunbelt region receive higher weighting. Weights are re-balanced quarterly and take into account updates to underlying REIT property portfolios.
- TickerRDMSUN
- Inception Date10/22/2023
- WeightingCustom
- # of holdings14
What's inside?
Holdings
All holdings as of December 5, 2023
| Cousins Properties, Inc. (CUZ) | 9.66% | $3.283B | 1.88% | 27.34% | 7.03x |
| NexPoint Residential Trust, Inc. (NXRT) | 9.20% | $832.875M | 2.63% | 21.87% | 8.26x |
| Uniti Group, Inc. (UNIT) | 9.11% | $1.370B | 2.67% | 60.53% | 4.84x |
| Whitestone REIT (WSR) | 9.09% | $561.308M | 6.05% | 46.77% | 7.64x |
| BRT Apartments Corp. (BRT) | 8.98% | $349.612M | 9.93% | 28.19% | 7.97x |
| Mid-America Apartment Communities, Inc. (MAA) | 7.44% | $14.755B | 4.08% | 33.17% | 9.11x |
| InvenTrust Properties Corp. (IVT) | 7.22% | $1.686B | 9.63% | 22.37% | 9.36x |
| American Homes 4 Rent (AMH) | 6.84% | $12.812B | 7.92% | 26.97% | 10.56x |
| Highwoods Properties, Inc. (HIW) | 6.08% | $2.164B | 0.24% | 30.81% | 6.43x |
| Independence Realty Trust, Inc. (IRT) | 5.98% | $3.193B | 4.99% | 24.76% | 9.03x |
| Camden Property Trust (CPT) | 5.50% | $9.934B | 4.49% | 25.23% | 9.13x |
| LXP Industrial Trust (LXP) | 5.03% | $2.651B | 6.66% | 29.45% | 12.10x |
| Summit Hotel Properties, Inc. (INN) | 4.97% | $676.670M | 2.00% | 13.40% | 3.45x |
| Kite Realty Group Trust (KRG) | 4.90% | $4.932B | 2.76% | 22.99% | 9.41x |