REAI was created on 2023-06-12 by Armada ETF Advisors. The fund's investment portfolio concentrates primarily on real estate equity. The ETF currently has 1.08m in AUM and 24 holdings. REAI is an actively managed fund that invests primarily in US-listed commercial REITs that provide qualitative characteristics of a portfolio of public, non-traded REITs. The fund also invests, to a lesser extent, in mortgage-backed securities.