ETF comparison

REZ vs XLRE

Both Real Estate.

iShares Residential and Multisector Real Estate ETF · State Street Real Estate Select Sector SPDR ETF

Holdings overlap

Weighted by ISIN/CUSIP
36.2 %

13 positions appear in both funds. Buying equal dollars of REZ and XLRE would leave roughly 36.2% of each dollar exposed to the same underlying securities.

REZ only 63.2% Shared 36.2% XLRE only 63.3%
In REZ only
25 positions
Shared
13 positions
In XLRE only
19 positions

Side by side

REZ

iShares Residential and Multisector Real Estate ETF

iShares · Real Estate

49 composite / 100
Expense ratio
0.48%
Net assets
$874.7M
TTM yield
1.98%
Top-10 conc.
68.0%
XLRE

State Street Real Estate Select Sector SPDR ETF

State Street · Real Estate

77 composite / 100
Expense ratio
0.080%
Net assets
$8.10B
TTM yield
3.15%
Top-10 conc.
59.0%

Sub-score comparison

52
Cost
92
59
Tax efficiency
57
54
Liquidity
96
17
Concentration
30
Tracking quality
REZ sub-score XLRE

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

Cost difference

XLRE is 40 bps cheaper than REZ. On a $100,000 position that's about $400/yr more in fees for REZ.

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 REZ vs XLRE.

Top shared holdings

13 shared in total
# Holding In REZ In XLRE Overlap
1 Welltower Inc. 23.17% 10.18% 10.18%
2 Ventas Inc. 7.68% 4.40% 4.40%
3 Public Storage 8.59% 4.19% 4.19%
4 EXTRA SPACE STORAGE INC 5.54% 3.15% 3.15%
5 AvalonBay Communities, Inc. 4.40% 2.62% 2.62%
6 Equity Residential 4.52% 2.30% 2.30%
7 Essex Property Trust, Inc. 3.60% 1.77% 1.77%
8 Mid-America Apartment Communities, Inc. 3.32% 1.62% 1.62%
9 INVITATION HOMES INC 3.55% 1.59% 1.59%
10 Healthpeak Properties Inc 2.66% 1.29% 1.29%
11 UDR Inc 2.61% 1.15% 1.15%
12 Camden Property Trust 2.41% 1.14% 1.14%

Only in REZ

25 total
  • Sun Communities, Inc. 3.60%
  • Omega Healthcare Investors, Inc. 3.02%
  • Equity Lifestyle Properties Inc 2.80%
  • American Homes 4 Rent 2.23%
  • American Healthcare REIT Inc. 1.95%
  • CUBESMART 1.94%
  • Caretrust Reit Inc 1.91%
  • HRTI LLC 1.30%
  • Sabra Health Care REIT, Inc. 1.11%
  • National Health Investors, Inc. 0.88%

Only in XLRE

19 total
  • Prologis Inc 9.07%
  • Equinix Inc 7.11%
  • American Tower Corp 5.96%
  • Digital Realty Trust Inc 4.63%
  • Simon Property Group Inc 4.57%
  • CBRE Group Inc 4.46%
  • Realty Income Corp 4.39%
  • Crown Castle Inc 4.01%
  • Iron Mountain Inc 3.42%
  • VICI Properties Inc 3.31%

Open REZ or XLRE 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.