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 (REZ) operates within the Real Estate category, which ETFValuer tracks 11 funds in total. Issued by iShares, the fund holds $875 million in assets under management and trades at a price of $97.95. It currently holds an overall rank of #306 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 56.2 out of 100. Investors in this fund face an expense ratio of 0.48% while receiving a dividend yield of 1.99%. The combination of a mid-tier rank and a moderate asset base suggests a specific level of investor adoption relative to the broader universe of 458 funds. These metrics collectively define the fund's standing as a mid-sized option within its specific sector classification.

Over the short term, the fund posted a 1-day return of +0.45% followed by a slight 1-week decline of -0.17%. Momentum accelerated significantly over the subsequent months, with a 1-month return of +6.82% and a 3-month gain of +14.15%. This upward trajectory continued into the half-year mark with a +15.64% return, while year-to-date performance reached +19.13%. The 1-year return stands at +18.30%, indicating a slight deceleration compared to the 6-month and YTD figures. Extending the view to a 3-year horizon, the fund has generated a cumulative return of +44.23%. This pattern demonstrates a strong multi-month performance trend that has sustained growth over the longer three-year period.

The fund carries a Moderate volatility label and a beta of 0.83, suggesting price movements that are generally less sensitive than the broader market. A Sharpe ratio of 0.85 indicates the return generated per unit of risk taken over the measured period. Despite the moderate volatility classification, the fund experienced a maximum drawdown of -17.61% during the tracked timeframe. This combination of a beta below 1.0 and a moderate volatility label implies the fund typically experiences smaller swings than the market average. However, the -17.61% drawdown highlights that significant downside periods have occurred despite the lower beta. The Sharpe ratio of 0.85 reflects the efficiency of returns relative to the total risk exposure including these drawdowns.

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

REZ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 68.0% 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 (49.4% 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: 4.71% (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.

REZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 11.40% and average daily volume is 35K/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 $875M 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