ETF Evaluator: Hoya Capital High Dividend Yield ETF () Follow This ETF

Hoya Capital High Dividend Yield ETF Overview

Hoya Capital High Dividend Yield ETF (RIET) is a passively managed Sector Equity Real Estate exchange-traded fund (ETF). Hoya Capital Real Estate launched the ETF in 2021.

The investment seeks to track the performance, before fees and expenses, of the Hoya Capital High Dividend Yield Index (the “index”). The index is a rules-based index that is designed to provide diversified exposure to 100 U.S.-listed real estate-related securities that collectively provide income through high dividend yields. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in dividend-paying securities, which includes equity securities that have paid a dividend in the prior 12 calendar months.

About Hoya Capital High Dividend Yield ETF (RIET)

There are 3 members of the management team with an average tenure of 3.90 years: Dustin Lewellyn (2021), Ernesto Tong (2021) and Christine Johanson (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Hoya Capital High Dividend Yield GR USD index with a weighting of 100%. Hoya Capital High Dividend Yield ETF has 103 securities in its portfolio. The top 10 holdings constitute 16.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Hoya Capital High Dividend Yield ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Hoya Capital High Dividend Yield ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.2% There is 0.0% allocated to foreign stock, and 9.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Hoya Capital High Dividend Yield ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $108 million in total assets, which is below the $1 billion average for the Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RIET Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hoya Capital High Dividend Yield ETF expense ratio is average compared to funds in the Real Estate category. Hoya Capital High Dividend Yield ETF has an expense ratio of 0.50%, which is 2% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Hoya Capital High Dividend Yield ETF has a portfolio turnover rate of 36%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 69% for the Real Estate category.

Recently, in the month of July 2026, Hoya Capital High Dividend Yield ETF returned -0.9%, which earned it a grade of F, as the Real Estate category had an average return of 1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Hoya Capital High Dividend Yield ETF has a trailing yield of 10.75%, which is above the 4.13% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Hoya Capital High Dividend Yield ETF Grades

Year to date, the ETF has returned 9.3%, 5.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.7% over the past year (grade of D) and 5.9% over the past three years (grade of F).

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