ETF comparison

IYR vs USRT

Both Real Estate.

iShares U.S. Real Estate ETF · iShares Core U.S. REIT ETF

Holdings overlap

Weighted by ISIN/CUSIP
76.2 %

48 positions appear in both funds. Buying equal dollars of IYR and USRT would leave roughly 76.2% of each dollar exposed to the same underlying securities.

IYR only 23.3% Shared 76.2% USRT only 23.6%
In IYR only
13 positions
Shared
48 positions
In USRT only
79 positions

Side by side

IYR

iShares U.S. Real Estate ETF

iShares · Real Estate

64 composite / 100
Expense ratio
0.38%
Net assets
$4.67B
TTM yield
2.18%
Top-10 conc.
51.5%
USRT

iShares Core U.S. REIT ETF

iShares · Real Estate

76 composite / 100
Expense ratio
0.080%
Net assets
$4.36B
TTM yield
2.54%
Top-10 conc.
48.7%

Sub-score comparison

62
Cost
92
59
Tax efficiency
58
86
Liquidity
84
41
Concentration
45
Tracking quality
IYR sub-score USRT

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

USRT is 30 bps cheaper than IYR. On a $100,000 position that's about $300/yr more in fees for IYR.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IYR vs USRT.

Top shared holdings

48 shared in total
# Holding In IYR In USRT Overlap
1 WELLTOWER INC. 9.96% 8.31% 8.31%
2 PROLOGIS, INC. 9.18% 7.52% 7.52%
3 EQUINIX, INC. 4.69% 6.44% 4.69%
4 DIGITAL REALTY TRUST, INC. 4.63% 4.46% 4.46%
5 SIMON PROPERTY GROUP, INC. 4.58% 4.40% 4.40%
6 REALTY INCOME CORPORATION 4.40% 4.18% 4.18%
7 PUBLIC STORAGE. 3.41% 3.96% 3.41%
8 VENTAS, INC. 3.09% 3.55% 3.09%
9 IRON MOUNTAIN INCORPORATED 2.40% 3.19% 2.40%
10 VICI PROPERTIES INC. 2.32% 2.73% 2.32%
11 EXTRA SPACE STORAGE INC. 2.21% 2.60% 2.21%
12 AVALONBAY COMMUNITIES, INC. 1.84% 2.24% 1.84%

Only in IYR

13 total
  • AMERICAN TOWER CORPORATION 4.39%
  • CBRE GROUP, INC. 3.13%
  • CROWN CASTLE INC. 2.82%
  • SBA COMMUNICATIONS CORPORATION 1.46%
  • WEYERHAEUSER COMPANY 1.40%
  • COSTAR GROUP, INC. 1.36%
  • ANNALY CAPITAL MANAGEMENT, INC. 1.21%
  • JONES LANG LASALLE INCORPORATED 1.14%
  • AGNC INVESTMENT CORP. 0.88%
  • ZILLOW GROUP, INC. 0.58%

Only in USRT

79 total
  • AMERICAN HEALTHCARE REIT INC 0.77%
  • CARETRUST REIT INC 0.76%
  • TERRENO REALTY CORP 0.57%
  • RYMAN HOSPITALITY PROPERTIES INC 0.55%
  • ESSENTIAL PROPERTIES REALTY TRUST INC 0.53%
  • KITE REALTY GROUP TRUST 0.49%
  • MACERICH COMPANY (THE) 0.48%
  • PHILLIPS EDISON & COMPANY INC 0.43%
  • OUTFRONT MEDIA INC 0.39%
  • TANGER INC 0.36%

Open IYR or USRT at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.