Vident Financial added to its existing suite of funds on Tuesday with the launch of a REIT ETF: the U.S. Diversified Real Estate ETF (NYSE Arca: PPTY).

Real estate has played a pivotal role in the last nine years of economic expansion with many investors looking to capitalize on the segment.

However, investing in real estate requires specific knowledge about a particular location.

“If you ask for the three most important factors when investing in real estate, you’ll probably hear ‘location, location, location.’ To this we’d add property type and leverage,” said Fred Stoops, head of real estate investments at Vident.

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Real estate investment ETFs pool together exposure to a large number of different properties for diversification purposes.