YieldMax Target 12 Real Estate Option Income ETF (RNTY) Valuation
RNTY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 31.7 trailing earnings
- Forward P/E
- 35.8 analyst estimates
- Price / sales
- 5.53
- Price / book
- 3.33
- EV / EBITDA
- 18.1
- Earnings yield
- 3.15% inverse of P/E
- Dividend yield
- 3.12% of the holdings
- Return on equity
- 10.5% combined
- Net margin
- 17.4% combined
- Beta
- 0.96 weighted, vs S&P 500
RNTY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RNTY | 31.7 | 35.8 | 5.53 | 3.33 | 3.12% | 10.5% | 17.4% | 0.0% |
| 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.
RNTY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Real Estate | 96.6% | 31.3 | 35.7 | 5.34 | 3.22 | 3.23% | 10.3% |
| Energy | 4.1% | 44.8 | 37.7 | 26.97 | 13.85 | 0.68% | 30.9% |
RNTY 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 RNTY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RNTY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| WELL | Welltower Inc. | 7.03% | 105.3 | 78.1 | 13.3 | 1.45% | 2.25% |
| EQR | Equity Residential | 6.70% | — | — | — | — | — |
| PLD | Prologis, Inc. | 5.96% | 27.7 | 29.2 | 12.4 | 3.40% | 7.26% |
| SPG | Simon Property Group, Inc. | 5.64% | 14.5 | 30.7 | 11.2 | 4.33% | 13.14% |
| DLR | Digital Realty Trust, Inc. | 5.41% | 85.4 | 66.2 | 9.8 | 2.77% | 2.14% |
| EQIX | Equinix, Inc. | 5.10% | 63.4 | 52.1 | 9.8 | 2.09% | 2.71% |
| AMT | American Tower Corporation | 4.51% | 25.5 | 24.6 | 7.9 | 3.86% | 5.98% |
| JOE | The St. Joe Company | 4.50% | 32.1 | 50.3 | 7.1 | 0.94% | 4.73% |
| O | Realty Income Corporation | 4.40% | 40.6 | 33.7 | 8.7 | 5.81% | 3.65% |
| HHH | Howard Hughes Holdings Inc. | 4.35% | 13.9 | — | 1.7 | — | 10.55% |
| PSA | Public Storage | 4.10% | 28.5 | 27.2 | 11.4 | 4.02% | 4.86% |
| TPL | Texas Pacific Land Corporation | 4.07% | 44.8 | 37.7 | 27.0 | 0.68% | 3.07% |
| CBRE | CBRE Group, Inc. | 4.02% | 30.5 | 14.9 | 0.9 | — | 4.46% |
| EXR | Extra Space Storage Inc. | 3.91% | 30.8 | 29.0 | 8.8 | 4.64% | 4.29% |
| IRM | Iron Mountain Incorporated | 3.81% | 80.4 | 58.5 | 4.4 | 3.07% | 1.60% |
| ESS | Essex Property Trust, Inc. | 3.80% | 41.9 | 43.9 | 9.4 | 3.85% | 3.06% |
| CPT | Camden Property Trust | 3.54% | 32.5 | 62.5 | 7.2 | 4.30% | 3.68% |
| INVH | Invitation Homes Inc. | 3.31% | 24.8 | 30.4 | 5.6 | 4.43% | 4.50% |
| CCI | Crown Castle Inc. | 3.30% | 33.4 | 21.2 | 8.4 | 5.17% | 3.33% |
| MAA | Mid-America Apartment Communities, Inc. | 3.04% | 34.1 | 33.6 | 6.3 | 5.25% | 3.01% |
| SUI | Sun Communities, Inc. | 2.70% | 89.5 | 33.8 | 6.5 | 3.79% | 1.02% |
| ELS | Equity LifeStyle Properties, Inc. | 2.67% | 29.6 | 28.6 | 7.8 | 3.55% | 3.05% |
| UDR | UDR, Inc. | 2.64% | 21.7 | 51.5 | 7.1 | 5.08% | 4.11% |
| SBAC | SBA Communications Corporation | 2.12% | 20.2 | 19.4 | 6.9 | 2.67% | 3.54% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 0.55% | — | — | — | — | — |
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 RNTY valuation
Adding up its 23 holdings with company data, RNTY trades at 31.7 times trailing earnings and 35.8 times analysts' forward estimates, with a price-to-book ratio of 3.33 and a dividend yield of 3.12%. Its earnings yield of 3.15% is 2.17 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 53.6% of the fund and earn 57.3% of its combined profit. By sector, Energy is the most expensive at 44.8 times earnings and Real Estate the cheapest at 31.3. Companies that lost money over the past year are 0.0% 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 92.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RNTY chart, RNTY performance, RNTY holdings, RNTY dividends.
RNTY valuation FAQ
What is the P/E ratio of RNTY?
Based on its holdings, RNTY has a trailing P/E of 31.7 and a forward P/E of 35.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RNTY?
The trailing earnings yield is 3.15% (1 ÷ P/E) and the forward earnings yield 2.79%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RNTY more expensive than the S&P 500?
RNTY trades at 31.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 35.8 and 19.9.
What is the price-to-book ratio of RNTY?
The holdings of RNTY trade at 3.33 times book value, with a combined return on equity of 10.5%.
Which sector in RNTY has the highest P/E?
Energy has the highest P/E at 44.8 and Real Estate the lowest at 31.3.