USRT — iShares Core U.S. REIT ETF

USRT Price Performance — Growth of $10,000

Value of a $10,000 investment in USRT 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.

USRT Drawdown

The "underwater" chart: USRT'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 Core U.S. REIT ETF (USRT) is a Real Estate category fund issued by iShares with $4.57 billion in assets under management. It holds an ETFValuer grade of C, ranking 1 of 11 within its category and 244 of 458 across all tracked ETFs. The fund’s 0.08% expense ratio sits below the category median of 0.13%, while its 2.60% dividend yield trails the median of 3.19%. Top holdings comprise 48.7% of assets, with Welltower Inc. representing the largest single position at 8.3%.

Price performance shows a divergence between short-term weakness and longer-term gains, with the 1-month return of -2.58% contrasting against a 1-year return of +15.32%. The fund currently trades at 65.2% of its 52-week range, reflecting a price of $65.34. This positive 1-year trajectory outperforms the category median return of +8.82%. The fund’s rating was downgraded from B to C on 2026-08-21, a shift occurring after three years of available price history.

With a beta of 0.96, the fund exhibits slightly lower sensitivity to market movements than the broader market. Annualized volatility of 13.52% is classified as Low, contributing to a Sharpe ratio of 0.76. The maximum drawdown of -18.70% indicates the peak-to-trough decline experienced during the record period. Liquidity is supported by an average daily volume of 532,280 shares, though the bid/ask spread stands at 2.63%.

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

USRT Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 48.7% 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 USRT's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With USRT

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with USRT's top 10 — SCHH overlaps most, holding 8 of the same companies as USRT's top 10 (42.8% of USRT'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.

USRT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.63% and average daily volume is 532K/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 $4.57B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: USRT 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.

USRT Performance History

How USRT Compares to Other Real Estate ETFs