IYR — iShares U.S. Real Estate ETF

IYR Price Performance — Growth of $10,000

Value of a $10,000 investment in IYR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IYR Drawdown

The "underwater" chart: IYR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares U.S. Real Estate ETF is a $4.39 billion fund issued by iShares, holding 51.2% of its assets in its top ten positions with Welltower Inc. as the largest single holding. It carries an ETFValuer grade of C, reflecting a score of 51.4 out of 100. Within the Real Estate category, which contains 11 tracked ETFs, it ranks 8th, while its overall standing is 369 out of 458 across all categories. The fund’s 0.37% expense ratio is significantly higher than the category median of 0.13%, and its 1.82% dividend yield trails the median of 3.19%.

Price action shows the fund trading at $102.05, which sits at 61.1% of its 52-week range between $92.45 and $108.17. Short-term returns have been negative, with one-day and one-week losses of 0.09% and 0.57% respectively, contrasting with a 1.46% gain over three months. Over longer horizons, the fund has delivered a 1-year return of 6.83%, falling short of the category median of 7.67%, though it has accumulated 32.04% over three years. The rating has remained unchanged at grade C for the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.98, the fund moves in line with the broader market, exhibiting a low annualized volatility of 13.72%. A Sharpe ratio of 0.13 suggests modest risk-adjusted returns, while the maximum drawdown of -16.91% indicates the peak-to-trough decline experienced during the record period. Liquidity is robust, supported by an average daily volume of 5,307,862 shares and a tight bid-ask spread of 0.01%. These metrics collectively describe a fund that has tracked market movements closely with relatively low volatility and high tradability.

AI-generated summary based on the data on this page.

IYR Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 51.2% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IYR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IYR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IYR's top 10 — XLRE overlaps most, holding 10 of the same companies as IYR's top 10 (51.2% of IYR's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IYR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 5.3M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $4.39B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IYR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IYR Performance History

How IYR Compares to Other Real Estate ETFs