IYR
iShares U.S. Real Estate ETF
The iShares U.S. Real Estate Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, to the performance of the real estate sector of the U.S. equity market, as represented by the Dow Jones U.S. Real Estate Index.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 4.0 B
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
| Inception date | Jun 12, 2000 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WELLTOWER, INC. | 10.0 % |
| PROLOGIS INC | 8.9 % |
| EQUINIX INC | 4.8 % |
| REALTY INCOME CORP | 4.5 % |
| DIGITAL REALTY TRUST INC | 4.5 % |
| AMERICAN TOWER CORP-CL A | 4.5 % |
| SIMON PROPERTY GROUP INC | 4.3 % |
| PUBLIC STORAGE | 3.6 % |
| VENTAS INC | 3.1 % |
| CBRE GROUP, INC. CLASS A | 3.0 % |
Constituent Breakdown
| Number of holdings | 61 |
| Herfindahl-Hirschman Index | 377 |
| Wgt avg mkt cap (mns) | $50,470 |
| Large cap (>$10bn) | 88.1% |
| Mid cap ($2-10bn) | 9.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 97.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.5 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.9% | 2.9% | 6.9% | 5.2% | 3.0% | 3.5% | 1.9% | 4.2% |
| Dividend Yield | 0.0% | 2.5% | 2.7% | 2.8% | 2.7% | 3.2% | 3.8% | 4.1% |
| Total Returns | 7.9% | 5.5% | 9.6% | 8.0% | 5.7% | 6.8% | 5.6% | 8.4% | Ann. Volatility | 12.9% | 16.5% | 16.2% | 17.3% | 18.7% | 20.3% | 28.4% | 25.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.54 | 40% |
| MSCI EAFE | 0.68 | 46% |
| MSCI Emg Mkts | 0.46 | 26% |
Liquidity Measures
| Avg. volume (000) | 8,737 |
| ADV traded (mns) | $816 |
| Turnover | 20.2% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $97.92 |
| Relative strength (RSI) | 40 |
| MACD/Signal | -0.62/0.03 |
| Bollinger Bands (Upper/Lower) | $102.72/$94.96 |
| Short interest (% of AUM) | 20.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IYR |
Expenses vs. IYR |
ALTAR Score™ vs. IYR |
|---|---|---|---|---|
| SCHH | Schwab U.S. REIT ETF | 86.6% | -33 bp | +0.4% |
| VNQ | Vanguard Real Estate ETF | 84.6% | -27 bp | -0.1% |
| DFAR | Dimensional US Real Estate ETF | 84.0% | -21 bp | +0.5% |
| FREL | Fidelity MSCI Real Estate Index ETF | 83.0% | -32 bp | +0.2% |
| XLRE | Real Estate Select Sector SPDR | 79.9% | -32 bp | +0.1% |
| FRI | First Trust S&P REIT Index Fund | 78.4% | +10 bp | -0.2% |
| USRT | iShares Core U.S. REIT ETF | 77.2% | -32 bp | +0.3% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 76.7% | -29 bp | +0.4% |
| ICF | iShares Cohen & Steers REIT ETF | 73.3% | -7 bp | +0.5% |
| RWR | State Street SPDR Dow Jones REIT ETF | 71.8% | -15 bp | 0.0% |
Risk and Returns: IYR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/22/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.9%
ALTAR SCORE™
84th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,188 funds in the US Equity category with an average
ALTAR Score™ of 5.8% and a standard deviation
of 2.1%. IYR's ALTAR Score™ is approximately 1.0 standard
deviations above the category average. This places IYR in the 84th percentile
among funds in the category.
Sell-Side Consensus
$112.16
PRICE TARGET
+20.0%
UPSIDE