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REIT

$15.74+0.25%Property / REITs59/100
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VanEck FTSE International Property (Hedged) ETF · VanEck

Data as at 29 March 2026

TL;DR

Tracks listed property companies from developed markets excluding Australia, with AUD hedging applied. Dominated by US REITs including Prologis, American Tower, and Equinix.

MER (Annual Fee)
0.29%
#2 lowest in Property / REITs
1Y Return
+6.0%
3Y Return (p.a.)
+5.6%
Dividend Yield
4.22%
Trailing 12 months
AUM
$739.4M
Assets under management
Avg Daily Turnover
$1.1M
Avg shares × unit price
Unit Price
$15.74
As at 29 March 2026
Provider
VanEck
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Strategy

Managed by VanEck. Follows the FTSE EPRA/NAREIT index covering developed market REITs outside Australia. AUD hedging removes currency risk from international property investments.

Top Holdings

Key Fact

REIT includes property types rare in Australian A-REIT funds: US data centre REITs (Equinix), cell tower REITs (American Tower), and healthcare facility REITs (Welltower). These sectors have grown significantly as digital infrastructure demand increases.

Suited for

Investors who want international REIT exposure without the AUD/foreign currency variable. The hedge makes distributions more predictable in AUD terms regardless of exchange rate movements.

Risks

AUD hedging adds cost. US REITs dominate the developed-world REIT index, so this is effectively a US property fund with limited international diversification. Rising interest rates hit REITs globally.

ETFCheck Score59/100
Fees (40%)57
Fund Size (25%)43
Liquidity (20%)58
Yield (15%)92
How scores are calculated →
Other Property / REITs ETFs
VAP
0.23% MER
63
MVA
0.35% MER
56
SLF
0.40% MER
51
DJRE
0.43% MER
39View all Property / REITs ETFs →

Frequently Asked Questions - REIT

How does REIT's currency hedging work and why does it matter for Australian investors?+
REIT uses forward foreign exchange contracts to neutralise currency movements between the Australian dollar and underlying currencies like USD, EUR, and JPY. This means your returns reflect pure international property performance - rental yields and capital growth - without gains or losses from exchange rate fluctuations. For SMSF trustees who already have unhedged international equity exposure through ETFs like VGS or IVV, adding REIT provides diversified property exposure without compounding foreign currency risk across the entire portfolio.
Why did REIT return only 10.8% when domestic property ETFs like VAP gained over 16%?+
REIT's 10.8% one-year return trails domestic alternatives primarily because international REITs faced headwinds from higher global interest rates, which increase borrowing costs and compress property valuations. Additionally, REIT's currency hedging removed any benefit from Australian dollar weakness that boosted unhedged alternatives like DJRE. The hedging cost itself - typically 1-3% annually depending on interest rate differentials between Australia and foreign markets - creates structural drag that investors should factor into long-term return expectations versus unhedged global REIT exposure.
Is REIT or DJRE the better choice for global property exposure in an Australian SMSF?+
The choice depends on your currency view and existing portfolio composition. REIT (MER 0.29%) hedges currency risk and delivers purer property returns, suiting investors who want predictable international REIT exposure without FX speculation. DJRE (MER 0.43%) is unhedged, meaning a falling AUD boosts returns but adds volatility. REIT also charges lower fees despite including hedging costs. For SMSFs already carrying significant unhedged international equity exposure, REIT provides cleaner diversification without amplifying overall currency risk.
Does REIT provide any tax-advantaged income components for Australian holders?+
REIT's distributions derive from international rental income and foreign REIT dividends, which carry no Australian franking credits. Foreign withholding taxes are typically deducted at source, though Australian tax residents may claim foreign income tax offsets via their ATO return. Some distribution components may be classified as tax-deferred returns of capital under AMIT rules, reducing your cost base rather than creating immediate assessable income - a potential benefit for investors outside superannuation who want to defer tax obligations on property income.