REM — iShares Mortgage Real Estate Capped ETF

REM Price Performance — Growth of $10,000

Value of a $10,000 investment in REM 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.

REM Drawdown

The "underwater" chart: REM'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 Mortgage Real Estate Capped ETF (REM) is an iShares-managed fund within the Real Estate category, holding $540 million in assets. It carries an ETFValuer grade of D, placing it 10th out of 11 peers and 430th of 458 tracked ETFs overall. The fund’s 0.48% expense ratio significantly exceeds the category median of 0.13%, while its 8.93% dividend yield substantially outpaces the median of 3.19%. Concentration is notable, with the top 10 holdings comprising 71.9% of assets and Annaly Capital Management Inc representing the largest single position at 22.8%.

Price action shows the ETF trading at $21.79, which sits at 37.9% of its 52-week range between $20.41 and $24.05. Short-term momentum is positive, with one-month and three-month returns of +1.35% and +2.84% respectively, contrasting with a year-to-date decline of -0.46%. The one-year return of +1.81% lags the category median of +8.82%, and the three-year annualized return stands at +19.04%. The fund’s grade has remained unchanged at D across the last 35 tracked days, and price history is available for 3.0 years.

The fund exhibits a beta of 0.95 and annualized volatility of 16.70%, which is labeled as Moderate. A Sharpe ratio of -0.19 indicates that risk-adjusted returns have been negative relative to the risk-free rate. Maximum drawdowns have reached -20.19%, reflecting significant downside pressure during the recorded period. Liquidity is characterized by an average daily volume of 432,980 shares and a bid/ask spread of 2.67%.

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

REM Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 71.9% 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 REM's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With REM

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with REM's top 10 — MORT overlaps most, holding 8 of the same companies as REM's top 10 (64.4% of REM'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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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.

REM Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.67% and average daily volume is 433K/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 $540M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: REM 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.

REM Performance History

How REM Compares to Other Real Estate ETFs