LPRE ETF — Long Pond Real Estate Select ETF

Long Pond Real Estate Select ETF (LPRE)

Updated October 16, 2026.

LPRE is an ETF. its distribution rate is 0.45%, its trailing-12-month yield is 1.85%, its expense ratio is 1.00%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 23.3% over the past 1.5 years, 30.3 points behind SPY at 53.6%.

Long Pond Real Estate Select ETF is an actively managed fund that invests in companies involved in the broader real estate economy, including REITs, real estate operating companies, and businesses that derive at least half their revenue from real estate-related activities; the fund is non-diversified. It carries a modest current distribution rate and distributes quarterly, with an expense ratio of 1.00%. The fund appeals to income-focused investors seeking exposure to the real estate sector through a curated, actively managed approach.

LPRE performance versus SPY

Price and return data through 2026-10-16.

Total return is 23.3% over the past 1.5 years, 30.3 points behind SPY at 53.6%. Over the past year its total return — price change plus distributions reinvested — is 8.8%. Its deepest 1-year drawdown was 12.8%.

LPRE key facts

Distribution Safety Score™

50 · Unproven

Issuer

Long Pond Capital, LP

Asset type

ETF

Asset class

Equity

Inception date

04/03/2025

Expense ratio

1.00%

Distribution rate

0.45%

Distribution frequency

Quarterly

Trailing yield

1.85%

Last close

$27.74 (as of 2026-10-16)

AUM

$172,007,037

Average volume

86295.0

Dividend

$0.0309

Ex-dividend date

09/28/2026

Payment date

09/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (0.45%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.85%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Long Pond Capital, LP; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

LPRE risks and drawbacks

LPRE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.8%.

Who may consider LPRE — and who may not

It is a weaker fit for investors who need monthly cash flow (LPRE pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on LPRE

• All tickers starting with L

Tagged: Real Estate.

Frequently asked questions

More securities from Long Pond Capital, LP.