First Trust Alerian Disruptive Technology… (DTRE) Valuation
DTRE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 58.7 trailing earnings
- Forward P/E
- 34.9 analyst estimates
- Price / sales
- 5.97
- Price / book
- 2.72
- EV / EBITDA
- 21.5
- Earnings yield
- 1.70% inverse of P/E
- Dividend yield
- 3.96% of the holdings
- Return on equity
- 4.6% combined
- Net margin
- 10.2% combined
- Beta
- 1.02 weighted, vs S&P 500
DTRE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DTRE | 58.7 | 34.9 | 5.97 | 2.72 | 3.96% | 4.6% | 10.2% | 16.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DTRE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Real Estate | 97.5% | 58.7 | 34.9 | 5.97 | 2.72 | 3.96% | 4.6% |
DTRE earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DTRE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DTRE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CCI | Crown Castle Inc. | 7.44% | 33.4 | 21.2 | 8.4 | 5.17% | 17.91% |
| AMT | American Tower Corporation | 7.34% | 25.5 | 24.6 | 7.9 | 3.86% | 23.18% |
| DLR | Digital Realty Trust, Inc. | 6.69% | 85.4 | 66.2 | 9.8 | 2.77% | 6.30% |
| PLD | Prologis, Inc. | 6.48% | 27.7 | 29.2 | 12.4 | 3.40% | 18.82% |
| EQIX | Equinix, Inc. | 6.06% | 63.4 | 52.1 | 9.8 | 2.09% | 7.68% |
| SBAC | SBA Communications Corporation | 6.04% | 20.2 | 19.4 | 6.9 | 2.67% | 24.09% |
| EGP | EastGroup Properties, Inc. | 4.51% | 34.5 | 42.0 | 14.1 | 3.56% | 10.54% |
| LXP | LXP Industrial Trust | 4.25% | 60.5 | 28.9 | 10.4 | 4.59% | 5.66% |
| TRNO | Terreno Realty Corporation | 4.15% | 17.2 | 80.0 | 13.9 | 3.56% | 19.40% |
| COLD | Americold Realty Trust, Inc. | 4.10% | — | 119.0 | 1.5 | 6.66% | −37.79% |
| LINE | Lineage, Inc. | 4.09% | — | 769.2 | 1.5 | 6.40% | −6.46% |
| STAG | STAG Industrial, Inc. | 4.09% | 27.6 | 144.9 | 8.0 | 4.33% | 11.93% |
| REXR | Rexford Industrial Realty, Inc. | 4.01% | — | 18.8 | 8.5 | 4.72% | −15.28% |
| SGRO | Segro Plc | 3.98% | — | — | — | — | — |
| FR | First Industrial Realty Trust, Inc. | 3.72% | 21.4 | 36.8 | 10.6 | 3.40% | 14.01% |
| AJBU | Keppel DC REIT | 2.90% | — | — | — | — | — |
| BBOX | Tritax Big Box REIT plc | 2.45% | — | — | — | — | — |
| LMP | LondonMetric Property Plc | 2.21% | — | — | — | — | — |
| M44U | Mapletree Logistics Trust | 1.69% | — | — | — | — | — |
| 3281 | GLP J-REIT | 1.56% | — | — | — | — | — |
| SAGA-B | AB Sagax (publ) | 1.54% | — | — | — | — | — |
| WDP | Warehouses de Pauw Comm VA | 1.45% | — | — | — | — | — |
| M2L | Mapletree Industrial Trust | 1.15% | — | — | — | — | — |
| BUOU | Frasers Logistics & Industrial | 1.14% | — | — | — | — | — |
| 3283 | Nippon Prologis REIT Inc | 1.00% | — | — | — | — | — |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DTRE valuation
Adding up its 14 holdings with company data, DTRE trades at 58.7 times trailing earnings and 34.9 times analysts' forward estimates, with a price-to-book ratio of 2.72 and a dividend yield of 3.96%. Its earnings yield of 1.70% is 3.62 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.1% of the fund and earn 95.8% of its combined profit. Companies that lost money over the past year are 16.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 74.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DTRE chart, DTRE performance, DTRE holdings, DTRE dividends.
DTRE valuation FAQ
What is the P/E ratio of DTRE?
Based on its holdings, DTRE has a trailing P/E of 58.7 and a forward P/E of 34.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DTRE?
The trailing earnings yield is 1.70% (1 ÷ P/E) and the forward earnings yield 2.86%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DTRE more expensive than the S&P 500?
DTRE trades at 58.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 34.9 and 19.9.
What is the price-to-book ratio of DTRE?
The holdings of DTRE trade at 2.72 times book value, with a combined return on equity of 4.6%.