HHH — ETFMG Real Estate Tech ETF

HHH Fund Overview

HHH — ETFMG Real Estate Tech ETF is a US ETF managed by ETF Managers Trust, categorised as Global (incl. US) Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: ETF Managers Trust
• Category: Global (incl. US) Real Estate
• Assets under management: $1.23M
• Ticker: HHH
• SEC CIK: 0001467831
• SEC series ID: S000073899
• Share class ID: C000231166

HHH Investment Objective and Strategy

ETFMG Real Estate Tech ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ETF Managers Trust.

Investment objective

The ETFMG Real Estate Tech ETF (the Fund or the Real Estate Tech ETF) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Prime Real Estate Technology Index (the Index).

Principal investment strategy

The Fund uses a passive or indexing approach to try to achieve the Funds investment objective. Unlike many investment companies, the Fund does not try to beat the Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Prime Real Estate Technology Index The Index tracks the performance of the exchange-listed equity securities (or corresponding American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) of companies across the globe that engage in Real Estate Technology Business. Real Estate Technology Business is defined as: A) providing services, via the internet and internet-connected devices to the general public regarding: 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.

Companies with products and services that are predominantly tied to any of the categories of Real Estate Technology Business are collectively called Real Estate Technology Companies. Real Estate Technology Companies are identified by Prime Indexes (the Index Provider), an independent index provider that is not affiliated with the Funds investment adviser. The Index Provider utilizes issuer financial statements and other public filings and reports, as well as third-party industry research, reports, and analyses, to identify Real Estate Technology Companies around the world that meet the Indexs criteria for inclusion. Companies meeting the above criteria are screened for investibility ( e.g. , their equity securities must not be listed on an exchange in a country which employs restrictions on foreign capital investment deemed to be significant), a minimum market capitalization and liquidity ( i.e.

, average trading volume). The composition of the Index and the constituent weights are determined three Thursdays before the third Friday of each March, June, September, and December (or the next business day if this is a non-business day). Component changes are made after the market close on the third Friday of March, June, September, and December (or the next business day if the third Friday is not a business day) and become effective at the market opening on the next trading day. At the time of each reconstitution, the companies in the Index are weighted according to a modified capitalization weighting methodology. Constituents weightings are modified in that the eight largest constituents are each weighted at 5%. The remaining constituents are weighted based on their market capitalization subject to a 4% limit per security.

The Index is developed and owned by the Index Provider, and the Index is calculated and maintained by Solactive AG. The Index Provider is independent of Solactive AG, the Fund, and the Funds investment adviser. As of September 15, 2021 the Index had 35 constituents, and the three largest stocks and their weightings in the Index were Airbnb, Inc. (5.0%), CoStar Group, Inc. (5.0%), and Rocket Companies, Inc. (5.0%). The Funds Principal Investment Strategies The Fund generally expects to use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Index in approximately the same proportions as in the Index. However, the Fund may utilize a representative sampling strategy with respect to the Index when a replication strategy might be detrimental to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow the Index, in instances in which a security in the Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Index.

Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in companies that derive a majority of their revenues or profits from, or invest a majority of their assets in, Real Estate Technology Business (the 80% Policy). The Fund may lend its portfolio securities to brokers, dealers and other financial organizations. These loans, if and when made, may not exceed 33 1/3% of the total asset value of the Fund (including the loan collateral). By lending its securities, the Fund may increase its income by receiving payments from the borrower. The Fund rebalances its portfolio in accordance with its Index, and, therefore, any changes to the Indexs rebalance schedule will result in corresponding changes to the Funds rebalance schedule.

Correlation: Correlation is the extent to which the values of different types of investments move in tandem with one another in response to changing economic and market conditions. An index is a theoretical financial calculation, while the Fund is an actual investment portfolio. The performance of the Fund and the Index may vary somewhat due to transaction costs, asset valuations, foreign currency valuations, market impact, corporate actions (such as mergers and spin-offs), legal restrictions or limitations, illiquid or unavailable securities, and timing variances. The Funds investment adviser expects that, over time, the correlation between the Funds performance and that of the Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation.

If the Fund uses a replication strategy, it can be expected to have greater correlation to the Index than if it uses a representative sampling strategy. Industry Concentration Policy: The Fund will concentrate its investments ( i.e ., hold 25% or more of its net assets) in a particular industry or group of related industries to approximately the same extent that the Index is concentrated.

HHH Costs and Fees

HHH costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.75%

HHH Cashflows

Over the 12 months to 2022-06, ETFMG Real Estate Tech ETF had net inflows of $2.50M, from monthly SEC N-PORT filings.

HHH Debt Constituents

No individual debt constituents are reported in ETFMG Real Estate Tech ETF's latest SEC N-PORT filing.

HHH Prospectus and SEC Filings

Official ETFMG Real Estate Tech ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-10-15
• Portfolio holdings (N-PORT) — filed 2022-08-29
• Portfolio holdings (N-PORT) — filed 2022-05-27
• Portfolio holdings (N-PORT) — filed 2022-03-01

Related Funds

Other Global (incl. US) Real Estate funds tracked on ABC INVEST:

• MFS Global Real Estate Fund (MGLAX)
• Global Real Estate Securities Fund (POSAX)
• PGIM Global Real Estate Fund (PURCX)
• Global Real Estate Securities Fund (RIFSX)
• Global Real Estate Index Fund (NGREX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.