NYLI CBRE Real Assets ETF (REIX) Valuation
REIX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.4 trailing earnings
- Forward P/E
- 24.9 analyst estimates
- Price / sales
- 5.05
- Price / book
- 2.72
- EV / EBITDA
- 16.3
- Earnings yield
- 3.29% inverse of P/E
- Dividend yield
- 3.07% of the holdings
- Return on equity
- 8.9% combined
- Net margin
- 16.6% combined
- Beta
- 0.81 weighted, vs S&P 500
REIX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| REIX | 30.4 | 24.9 | 5.05 | 2.72 | 3.07% | 8.9% | 16.6% | 4.3% |
| 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.
REIX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Real Estate | 49.7% | 43.5 | 37.3 | 7.08 | 2.90 | 3.35% | 6.7% |
| Utilities | 27.1% | 20.3 | 16.2 | 3.19 | 1.96 | 3.05% | 9.7% |
| Energy | 7.4% | 26.8 | 22.3 | 4.92 | 6.12 | 2.38% | 22.9% |
| Consumer Cyclical | 0.6% | 50.6 | 28.7 | 15.22 | 277.41 | 0.17% | 548.2% |
REIX 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 REIX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
REIX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| WELL | Welltower Inc. | 6.73% | 105.3 | 78.1 | 13.3 | 1.45% | 3.27% |
| EQIX | Equinix, Inc. | 3.58% | 63.4 | 52.1 | 9.8 | 2.09% | 2.88% |
| WEC | WEC Energy Group, Inc. | 2.60% | 21.1 | 16.9 | 3.5 | 3.50% | 6.30% |
| WMB | The Williams Companies, Inc. | 1.99% | 28.4 | 26.8 | 7.1 | 2.95% | 3.58% |
| AMT | American Tower Corporation | 1.93% | 25.5 | 24.6 | 7.9 | 3.86% | 3.88% |
| XEL | Xcel Energy Inc. | 1.93% | 20.9 | 16.0 | 3.3 | 3.11% | 4.72% |
| CNR | Canadian National Railway Co | 1.79% | — | — | — | — | — |
| PLD | Prologis, Inc. | 1.75% | 27.7 | 29.2 | 12.4 | 3.40% | 3.23% |
| SSE | SSE PLC | 1.70% | — | — | — | — | — |
| ENEL | Enel SpA | 1.69% | — | — | — | — | — |
| UNP | Union Pacific Corporation | 1.67% | 23.4 | 19.3 | 6.8 | 1.97% | 3.65% |
| PPL | PPL Corporation | 1.65% | 20.8 | 15.4 | 2.8 | 3.24% | 4.06% |
| EOAN | E.ON SE | 1.64% | — | — | — | — | — |
| ETR | Entergy Corporation | 1.61% | 26.9 | 19.6 | 3.7 | 2.44% | 3.07% |
| AEP | American Electric Power Company, Inc. | 1.59% | 22.0 | 17.2 | 3.0 | 2.99% | 3.70% |
| SPG | Simon Property Group, Inc. | 1.56% | 14.5 | 30.7 | 11.2 | 4.33% | 5.51% |
| GAPB | Grupo Aeroportuario del Pacífico S.A.B. de C.V | 1.52% | — | — | — | — | — |
| URW | WFD Unibail Rodamco NV | 1.48% | — | — | — | — | — |
| ATO | Atmos Energy Corporation | 1.38% | 19.9 | 17.6 | 5.7 | 2.39% | 3.54% |
| EVRG | Evergy, Inc. | 1.37% | 21.2 | 19.5 | 3.2 | 3.34% | 3.32% |
| TRGP | Targa Resources Corp. | 1.34% | 28.2 | 23.2 | 3.8 | 1.70% | 2.43% |
| UDR | UDR, Inc. | 1.28% | 21.7 | 51.5 | 7.1 | 5.08% | 3.03% |
| NSC | Norfolk Southern Corporation | 1.26% | 27.9 | 22.3 | 5.9 | 1.65% | 2.32% |
| RWE | RWE AG | 1.24% | — | — | — | — | — |
| CUBE | CubeSmart | 1.24% | 26.7 | 24.4 | 7.7 | 5.44% | 2.38% |
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 REIX valuation
Adding up its 48 holdings with company data, REIX trades at 30.4 times trailing earnings and 24.9 times analysts' forward estimates, with a price-to-book ratio of 2.72 and a dividend yield of 3.07%. Its earnings yield of 3.29% is 2.04 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 25.7% of the fund and earn 38.6% of its combined profit. By sector, Consumer Cyclical is the most expensive at 50.6 times earnings and Utilities the cheapest at 20.3. Companies that lost money over the past year are 4.3% 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 60.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: REIX chart, REIX performance, REIX holdings, REIX dividends.
REIX valuation FAQ
What is the P/E ratio of REIX?
Based on its holdings, REIX has a trailing P/E of 30.4 and a forward P/E of 24.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of REIX?
The trailing earnings yield is 3.29% (1 ÷ P/E) and the forward earnings yield 4.02%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is REIX more expensive than the S&P 500?
REIX trades at 30.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.9 and 19.9.
What is the price-to-book ratio of REIX?
The holdings of REIX trade at 2.72 times book value, with a combined return on equity of 8.9%.
Which sector in REIX has the highest P/E?
Consumer Cyclical has the highest P/E at 50.6 and Utilities the lowest at 20.3.