REZ — iShares Residential and Multisector Real Estate ETF

REZ Price Performance — Growth of $10,000

Value of a $10,000 investment in REZ 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.

REZ Drawdown

The "underwater" chart: REZ'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 Residential and Multisector Real Estate ETF is an iShares-managed fund with $849 million in assets under management. It holds a C grade and ranks 7th out of 11 peers in the Real Estate category, placing it 365th among all tracked ETFs. The fund’s 0.48% expense ratio is significantly higher than the category median of 0.13%, while its 2.01% dividend yield trails the median of 3.19%. Concentration is notable, with the top 10 holdings accounting for 68.2% of assets and Wellspring Inc representing 23.5% of the portfolio.

The fund has delivered a 1-year return of 11.99%, outperforming the category median of 7.67%, though recent short-term momentum has softened with a 1-month decline of 3.48%. Year-to-date gains of 13.41% contrast with the negative returns seen over the last day and week. The current price of $93.24 sits at 63.2% of its 52-week range, indicating a position closer to the upper end of recent trading bounds. The ETFValuer grade has remained unchanged at C for the last 35 tracked days, based on 3.0 years of available price history.

With a beta of 0.81, the fund has exhibited lower sensitivity to market movements compared to the broader index. Annualized volatility of 15.58% is classified as moderate, while a maximum drawdown of -15.04% reflects the peak-to-trough decline during the observed period. A Sharpe ratio of 0.45 suggests modest risk-adjusted returns relative to the risk taken. Liquidity appears constrained, evidenced by an average daily volume of only 46,701 shares and a wide bid-ask spread of 11.40%.

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

REZ Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 68.2% 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 REZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With REZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with REZ's top 10 — RWR overlaps most, holding 5 of the same companies as REZ's top 10 (50.1% of REZ'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.

REZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 11.40% and average daily volume is 47K/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 $849M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: REZ 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.

REZ Performance History

How REZ Compares to Other Real Estate ETFs