Alternative Investments/Real Estate: ETFMG To Launch “PropTech”-Focused ETF

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The fund will invest in real-estate technology, or “proptech” companies.

ETFMG, the fund manager specializing in thematic ETFs, has filed with the SEC to launch the ETFMG Housing Market ETF. The proposed ETF straddles the worlds of real estate and technology, or “proptech,” a sector that is garnering intense interest from venture firms, particularly after the pandemic. (SeekingAlpha)

That flowed from a red-hot real estate market, which had a ripple effect on proptech. According to CrunchBase, the sectors within proptech to receive the most funding so far this year are property management startups ($2 billion YTD) and construction ($1.9 billion).

ETFMG Housing Market ETF

The new ETF, a passive fund to be listed on the NYSE, will track the Prime Real Estate Technology Index. This index covers companies worldwide that take part in the real estate technology business, or “proptech.”

Typically, companies in the sector would be providing services via the Internet in areas such as i) listing, advertising, and marketing properties for sale or rent, ii) providing real estate brokerage services, iii) providing property insurance, iv) providing or facilitating property loans, v) facilitating home improvement or repair services, or; B) providing software, data, or other technology services to real estate companies.

Thematic ETFs from ETFMG

ETFMG offers a host of other thematic ETFs giving investors exposure to sectors/themes such as:

  • Daily travel tech
  • Junior silver miners
  • AI powered Equity
  • Climate leadership
  • Dry bulk shipping
  • Alternative harvest (cannabis)
  • Cyber security
  • Video game tech
  • Mobile payments
  • Israel technology
  • Cloud technology

Related Story:    A New ETF for Infectious Disease Companies is Called GERM                                              

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