Benchmark Healthcare Real Estate SCTR℠

Healthcare2018-06-22T17:16:33-04:00

RXRE℠

RXRE℠ Description

The Benchmark Healthcare Real Estate SCTR℠ Index measures the performance of publicly-traded real estate securities, primarily Real Estate Investment Trusts (REITs), of exchange listed companies in the U.S., that primarily own and manage various forms of healthcare related real estate and rent space in those properties to tenants. The healthcare securities include real estate investment trusts that specialize in different properties and markets such as medical office buildings, hospitals, senior living facilities, and skilled nursing facilities.

RXRE℠ Considerations

  • RXRE resides at the intersection of two large and dynamic markets: healthcare and real state where each represents nearly 20% of U.S. GDP

  • Demand tailwind of large growing senior population and longevity megatrend as almost 20% of U.S. residents are expected to be 65 or older in 2030 (U.S. Census Bureau)

  • Long-term tenants such as hospitals and medical office buildings provide generally stable, bond-like income payments, resulting in a defensive investment profile.

RXRE℠ Index

SYMBOL: RXRESCTR
CALCULATOR: NASDAQ
NUMBER OF HOLDINGS: 20
RECONSTITUTION: ANNUAL
REBALANCE: QUARTERLY
WEIGHTING: MODIFIED MARKET CAP
METHODOLOGY: GUIDE

TOP 10 HOLDINGS

Top 10 Holdings

As of 09-21-2018

Company
Ticker
Market Price
Weight
WELLTOWER INC.
WELL
$65.50
16.66%
VENTAS INC
VTR
$56.19
15.08%
HCP, INC.
HCP
$26.39
13.51%
SABRA REIT
SBRA
$23.30
4.95%
PHYSICIANS REALTY TR
DOC
$16.81
4.86%
HEALTHCARE RLTY TR
HR
$29.52
4.77%
MEDICL PROP TRST, IN
MPW
$14.69
4.76%
OMEGA HEALTHCARE INV
OHI
$32.77
4.7%
HEALTHCARE TR AMER
HTA
$26.76
4.59%
NATL HEALTH INVESTOR
NHI
$75.46
4.5%

Benchmark Real Estate SCTR℠ proprietary holdings and performance history are provided upon request. SCTR℠ indices are protected through various intellectual property rights and unfair competition and misappropriation laws. In particular, Benchmark Investments has registered the “SCTR” “RXRE” and “SCTRs” service marks. Benchmark requires a license to launch any product whose performance is linked to the value of a particular SCTR℠ index, for example, derivatives, bonds, swaps and OTC products and for all use of the SCTR℠ name or name of the SCTR℠ index in the marketing of the product. See the Terms of Service for more information.

Login to your NASDAQ account for the index below for complete holdings, positions and corporate action information:

NameSymbolTypeCalculator
Benchmark Healthcare Real Estate SCTR℠ IndexRXRESCTRTotal ReturnNASDAQ

RXRE Returns: Not All Real Estate is Created Equal

RXRE℠ Returns vs. Benchmark SCTRs℠ and FTSE Nareit Indexes demonstrate how each property type has its own set of investment characteristics, including individual economic cycles and risk factors, competition threats, and growth potential. Real Estate SCTRs℠ provide tailored solutions for commercial real estate investment management. There is significant dispersion of market multiples (Share Prices/Fund From Operations) and returns throughout the property sectors. SCTRs℠ give market participants direct access to the property class they desire.

Benchmark RXRE 1YR Percentage Returns

Benchmark RXRE 3YR Percentage Returns

Advantages of Real Estate SCTRs

Optimal Exposure

Correlation and risk-adjusted return metrics demonstrate that listed equity real estate investment trusts provide optimal exposure to the real estate asset class.

Daily Liquidity

Allows investors to take or adjust positions quickly and efficiently by buying and selling positions corresponding to the weights of all constituents which are traded on liquid public markets such as NYSE & Nasdaq.

Institutional Access

Provides direct access to institutional office real estate diversified over many geographic areas and management teams without investing in properties or with a real estate equity managers

Portfolio Application & Uses

Risk Management &
Hedging

Strategic Real Estate
Investment

Tactical Asset
Allocation

Portfolio Investment Thesis

Real Estate SCTRs℠ provide tailored solutions for commercial real estate investment management. Main drivers for each real estate SCTR℠:

  • Market “cap rates”
  • Supply/ demand conditions
  • Competition from nearby properties
  • Economy
  • Employment growth
  • Consumer and business spending
  • Interest rates
  • Inflation
  • Location
  • Lease revenues
  • Property expenses
  • Occupancy rates
  • Prevailing market rental rates
  • Tenant quality and replacement cost