Benchmark Data & Infrastructure Real Estate SCTR℠

Data Center & Infrastructure 2018-06-20T22:47:50-04:00

SRVR℠

SRVR Description

The Benchmark Data & Infrastructure Real Estate SCTR℠ Index measures the performance of publicly-traded real estate securities, including Real Estate Investment Trusts (REITs), of exchange listed companies in the U.S. that primarily are engaged in real estate related businesses within the following business lines: (i) ) Data storage and information management services offering a range of products and services including record management, data management, document management, and data centers (ii) General Infrastructure & Outdoor Media including fiber cables, wireless infrastructure, telecommunications towers, diversified government solutions, outdoor media sites, and energy pipelines (iii) Timber & Farmland real estate specializing in harvesting agriculture, food, feed and selling timber.

SRVR℠ Index Linked Product

Index NameIndex SymbolETF NameSymbolSponsorLead Market Maker
Benchmark Data & Infrastructure Real Estate SCTR℠SRVRSCTRPacer Benchmark Retail Real Estate SCTRSRVR℠Pacer ETFsJane Street

SRVR℠ Considerations

  • Data center REITs and cell tower REITs are the backbone of technology real estate and power the internet of things from self-driving cars to online video, social networking and mobile data traffic driving intense demand.

  • Data and Infrastructure real estate serve as the foundation of online commerce, cloud computing, artificial intelligence, and construction of mission-critical communications infrastructure such as fiber optics, wireless towers and ground leases making the SCTR relatively insensitive to downswings in the economic cycle.

  • Competition has been limited, as building these facilities is capital and technology intensive; even major users have desired to “partner” with the developers and owners of these properties. Demand is driven by corporate users with increasing power and connectivity needs making for long lease terms, which provide for cash flow stability.

SRVR℠ Index

SYMBOL: SRVRSCTR
CALCULATOR: NASDAQ
NUMBER OF HOLDINGS: 23
RECONSTITUTION: ANNUAL
REBALANCE: QUARTERLY
WEIGHTING: MODIFIED MARKET CAP
METHODOLOGY: GUIDE

TOP 10 HOLDINGS

Top 10 Holdings

As of 08-17-2018

Company
Ticker
Market Price
Weight
CROWN CASTLE INTL
CCI
$113.86
15.45%
AMER TOWER CP
AMT
$151.17
15.44%
EQUINIX, INC.
EQIX
$438.77
15.33%
CYRUSONE INC CMN
CONE
$66.53
5.09%
DIGITAL REALTY TRUST
DLR
$124.03
4.89%
IRON MOUNTAIN (DEL)
IRM
$36.48
4.65%
LAMAR ADVERTISING CO
LAMR
$75.66
4.63%
SBA COMMUNICATIONS
SBAC
$157.82
4.23%
INTERXION HOLDING NV
INXN
$63.43
4.21%
RAYONIER INC REIT
RYN
$35.46
2.7%

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” “SRVR” 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 Data & Infrastructure Real Estate SCTR℠ IndexSRVRSCTRTotal ReturnNASDAQ

SRVR Returns: Not All Real Estate is Created Equal

SRVR℠ 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 SRVR 1YR Percentage Returns

Benchmark SRVR 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