RIET: HOYA CAPITAL HIGH DIVIDEND YIELD ETF
HOYA Capital High Dividend Yield ETF (RIET)
The HOYA Capital High Dividend Yield ETF (RIET) is designed to provide investors with high income through dividends. Its most notable characteristics are a high distribution yield and a recent trend of declining share prices.
What this ETF is trying to do
RIET focuses on high-dividend assets. Based on its top holdings, the fund invests heavily in Real Estate Investment Trusts (REITs). These are companies that own and manage income-producing real estate.
Top Holdings (as of Oct 12, 2026):
The fund holds 102 total assets. Some of the largest positions include:
• Highwoods Properties Inc: 1.86%
• Apple Hospitality REIT Inc: 1.70%
• First American Government Obligs X: 1.70%
• Kilroy Realty Corp: 1.68%
• Healthpeak Properties Inc: 1.65%
What the numbers show
There is a difference between the share price and the total return. The share price is what the ETF trades for on the exchange, while the total return includes the cash distributions paid to investors.
• Price Return: The share price has declined over several timeframes. The one-year price return is -11.80%, and the year-to-date (YTD) price return is -10.67%.
• Total Return: When distributions are included, the results are different. The one-year total return is -1.70%, and the three-year total return is 18.87%.
• Estimated Price: The estimated price from roughly one year ago was $9.41, compared to the current price of $8.30.
Income and distribution explanation
RIET pays distributions usually every month. Over the last 12 months, it has made 12 payments totaling $1.026 per share. This results in a distribution yield of 12.36%.
It is important for beginners to know that a high yield alone can be misleading. A high distribution rate does not guarantee that the investment is growing or that the original money invested (the principal) is safe.
NAV erosion explanation
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Regarding price-based evidence, the fund has an erosion score of 75, which is labeled as "Mild price erosion." This means the share price has shown a downward trend, but it did not trigger a severe erosion-risk flag.
Pros
• High Monthly Income: The fund provides frequent cash payments to investors.
• Positive Long-Term Total Return: Despite the falling share price, the three-year total return is positive at 18.87%.
Cons
• Falling Share Price: The price of the ETF has been declining over the short and medium term.
• Negative Recent Total Returns: Both the YTD and one-year total returns are negative.
Beginner takeaway
RIET is an income-focused fund that pays a high monthly distribution. While the total return over three years has been positive, the share price has been falling. This shows that the cash payments have helped offset some of the price decline, but they have not stopped it.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | HIGHWOODS PROPERTIES INC | HIW | 1.86% |
| 2 | APPLE HOSPITALITY REIT INC | APLE | 1.70% |
| 3 | FIRST AMERICAN GOVERNMENT OBLIGS X | FGXXX | 1.70% |
| 4 | KILROY REALTY CORP | KRC | 1.68% |
| 5 | HEALTHPEAK PROPERTIES INC | DOC | 1.65% |
| 6 | BROADSTONE NET LEASE INC ORDINARY SHARES | BNL | 1.61% |
| 7 | NNN REIT INC | NNN | 1.57% |
| 8 | EPR PROPERTIES | EPR | 1.53% |
| 9 | LINEAGE INC REIT | LINE | 1.53% |
| 10 | SABRA HEALTH CARE REIT INC | SBRA | 1.53% |