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 (IYR) is a Real Estate category fund managed by iShares with $4.67 billion in assets under management. It currently holds an overall rank of #339 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 54.2 out of 100. The fund charges an expense ratio of 0.38% and offers a dividend yield of 1.78%. Trading at a price of $107.00, the fund's substantial asset base suggests significant investor adoption within the Real Estate sector. This category contains 11 ETFs tracked by ETFValuer, placing IYR as a mid-tier option among its peers. The combination of its AUM and price point reflects its established presence in the market relative to the broader universe of 458 funds. Its cost structure and income profile are standard for a fund of this size and category classification.

Over the last day, the fund posted a return of +2.19%, followed by a +0.86% gain over one week. Monthly performance accelerated to +4.04%, while the three-month return reached +5.77%. The six-month return showed further strength at +12.60%, and year-to-date gains stood at +14.72%. The one-year return was recorded at +11.73%, indicating a slight deceleration compared to the six-month and year-to-date figures. Over a longer three-year horizon, the fund achieved a cumulative return of +31.26%. This pattern demonstrates a generally positive trend across most timeframes, though the one-year return is lower than the six-month and year-to-date metrics.

The fund carries a Low volatility label and a beta of 0.99, suggesting its price movements generally align with or slightly trail the broader market. A Sharpe ratio of 0.47 indicates the return generated per unit of risk taken is moderate relative to the risk-free rate. The maximum drawdown of -17.37% highlights the potential for significant temporary losses during market downturns. This combination of a beta near unity and a moderate Sharpe ratio implies the fund offers market-like exposure with average risk-adjusted returns. The low volatility classification contrasts with the substantial maximum drawdown, suggesting that while daily fluctuations may be contained, the fund is still susceptible to deeper corrections over specific periods. Investors should consider these metrics together when evaluating the fund's behavior in both rising and falling market environments.

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

IYR Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 51.5% 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 (51.5% 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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 0.31% and average daily volume is 5.6M/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 $4.67B 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