What is the DJRE ETF used for?
The DJRE ETF by SPDR invests in global shares/securities of listed real estate investment trusts (REITs). Investors can use these property-focused ETFs to get global exposure to a broad basket of trusts and companies exposed to property, including office spaces, commercial rental spaces and construction projects.
An Australian investor could use the DJRE global property-focused ETF to get exposure to a broad basket of trusts (REITs) and companies which are exposed to property, rental, offices and construction.
Keep an eye on FUM
The SPDR DJRE ETF had $427.43 million of money invested when we last pulled the monthly numbers. Given DJRE’s total funds under management (FUM) figure is over $100 million, the ETF has met our minimum criteria for the total amount of money invested, otherwise known as FUM. We draw the line at $100 million for ETFs in the International shares sector because we believe that relative to smaller ETFs, achieving this amount of FUM de-risks the ETF.
Fees and costs for investors
SPDR charges investors a yearly management fee of 0.50% for the DJRE ETF. This means that if you invested $2,000 in DJRE for a full year, you could expect to pay management fees of around $10.00.
For context, the average management fee (MER) of all ETFs covered by Best ETFs Australia on our complete list of ASX ETFs is 0.51% or around $10.20 per $2,000 invested. Keep in mind, small changes in fees can make a big difference after 10 or 20 years.
Summary
These are just some of the considerations or factors you would need to look at when weighing up the DJRE ETF. Before doing anything, take a look at our SPDR DJRE report – it’s free. While you’re at it, don’t forget to search our complete list of ASX ETFs.
