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) is an iShares-managed fund with $791 million in assets under management. It holds a C grade, ranking 6th out of 11 peers in the Real Estate category and 296th of 458 tracked ETFs overall. The fund charges a 0.48% expense ratio, which is significantly higher than the category median of 0.13%. Its dividend yield of 2.65% trails the category median of 3.45%. The top ten holdings account for 68.2% of assets, with WELLTOWER INC representing the largest single position at 23.5%.

Price action shows the fund trading at 54.6% of its 52-week range, with a current price of $91.55. Over the past year, REZ returned 10.21%, outperforming the category median of 4.05%. Short-term momentum is mixed, with a 1-day decline of 0.21% contrasting against a 1-week gain of 1.94%. The three-year return stands at 59.51%, while year-to-date performance is up 12.00%. The ETFValuer grade has remained unchanged at C for the last 35 tracked days. Historical data is available for 3.0 years.

The fund exhibits a beta of 0.80, indicating it moves 80% as much as the broader market. Annualized volatility is 15.93%, which is classified as Moderate. A Sharpe ratio of 0.33 suggests modest risk-adjusted returns relative to the risk taken. The maximum drawdown recorded is -15.04%. Liquidity is reflected in an average daily volume of 82,657 shares.

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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

REZ Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 83K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $791M 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