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REZ

GradeCNew York Stock Exchange Arca

iShares Residential and Multisector Real Estate ETF

Sectors · IShares · Inception 2007-04-30 · SEC filings

$89.25−0.59 (−0.66%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 69 prints from 89.84 to 89.25. Range 89.16 to 90.00. Use the arrow keys to read each point.$89.40$89.60$89.80$90.0010 AM12 PM2 PM4 PM
Expense ratio
0.48%
Fund size
$812M
1Y return
+10.7%
Yield · Last 12 months
2.17%
Holdings
36
Volume · 30D
0M sh
NAV per share
$90.26
52W range
low $80.87high $100.43

The ETF.net REZ Grade

C

54/ 100

Rank 13 of 22 in US Real Estate⁠

Confidence High

Six-pillar profile for REZ. Scores out of 100: Cost 29, Risk 60, Mission 91, Tradability 55, Holdings 29, Durability 66. Strongest: Mission (91). Weakest: Holdings (29). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 29
    Category rank16/22 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 91
    Category rank12/15 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank5/21 · top 24%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 55
    Category rank10/22 · top 45%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 29
    Category rank22/22 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank8/22 · top 36%

Graded as of Sep 22, 2026

Our read on REZ

ETF.net Research

CThe REIT fund that skips the office towers and the malls. REZ owns apartments, rentals, healthcare properties and self-storage, the real estate people live in, age in and stash their stuff in, and it has done so since 2007.

Stated mandate

The fund seeks to track an index of U.S. residential, healthcare, and self-storage real estate equities.

Why people hold it

  1. 01Narrow by design: residential, healthcare and self-storage landlords, so apartments and rental housing drive it rather than offices, malls and cell towers.ishares.com
  2. 02Does what the label says: it stays close to the FTSE Nareit All Residential Capped Index instead of drifting toward generic broad-market REIT exposure.
  3. 03Live since 2007, so its record spans the housing crash, the rate shock and the pandemic rent cycle. No other fund in its real estate peer group tracks this same index.
  4. 04Roughly 40 property owners, with distributions paid quarterly.

Worth knowing

  1. 01At 0.48% a year it costs more than plain broad REIT index funds such as SCHH (0.07%) and VNQ (0.13%). The housing tilt is what the extra fee buys.
  2. 02Thinly traded next to the largest REIT funds, which can mean wider bid-ask spreads at the moment of a trade.
  3. 03Leaving out offices, malls, data centers and towers means stretches where it moves quite differently from a broad REIT benchmark.

REZ Holdings

As of Sep 22, 2026, 3:19 AM
Asset class
Other
Holdings
36
Top-10 weight
68%
Largest holding
WELL22.5%

Sectors

  • Real Estate100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001WELLWELLTOWER22.51%793,741$182M331
002PSAPUBLIC STORAGE REIT7.89%214,864$64M288
003EQRVIVMARK RESIDENTIAL7.38%972,788$60M172
004VTRVENTAS REIT7.02%653,542$57M291
005EXREXTRA SPACE STORAGE REIT4.56%269,239$37M252
006ESSESSEX PROPERTY TRUST REIT4.34%129,540$35M248
007INVHINVITATION HOMES4.00%1,200,148$32M237
008OHIOMEGA HEALTHCARE INVESTORS REIT3.55%614,037$29M175
009DOCHEALTHPEAK PROPERTIES INC3.54%1,404,678$29M199
010MAAMID AMERICA APARTMENT COMMUNITIES3.45%234,265$28M233
011SUISUN COMMUNITIES REIT INC3.44%244,308$28M187
012ELSEQUITY LIFESTYLE PROPERTIES REIT I2.92%390,743$24M167
013UDRUDR REIT2.73%649,485$22M204
014AMHAMERICAN HOMES RENT REIT CLASS A2.58%671,723$21M145
015AHRAMERICAN HEALTHCARE REIT2.50%386,601$20M136

Showing 1–15 of 39 holdings

REZ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

REZ$11,069
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. REZ $11,069. SPY $11,723. Use the arrow keys to read each point.$9,320$10,848$12,376Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for REZ. Periods over one year show the average yearly return.
PeriodREZ
Year to date+10.0%
1 month−6.0%
3 months+0.4%
1 year+10.7%
3 years+13.0%per year
5 years+3.0%per year
10 years+6.2%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for REZ
YearReturn barREZ
2026 YTD+10.0%
2025+4.8%
2024+12.7%
2023+11.0%
2022−28.3%
2021+47.8%
2020−6.6%

REZ in the news

REZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.17%Last 12 months
Payout per share
$1.95Last 12 months
Last payment
$0.53 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.56; Jun 27, 2017 $0.59; Sep 26, 2017 $0.55; Dec 19, 2017 $0.52; Mar 22, 2018 $0.57; Jun 26, 2018 $0.58; Sep 26, 2018 $0.58; Dec 17, 2018 $0.54; Mar 20, 2019 $0.53; Jun 17, 2019 $0.50; Sep 24, 2019 $0.52; Dec 16, 2019 $0.63; Mar 25, 2020 $0.50; Jun 15, 2020 $0.47; Sep 23, 2020 $0.47; Dec 14, 2020 $0.71; Mar 25, 2021 $0.47; Jun 10, 2021 $0.46; Sep 24, 2021 $0.19; Dec 13, 2021 $0.66; Mar 24, 2022 $0.30; Jun 9, 2022 $0.40; Sep 26, 2022 $0.84; Dec 13, 2022 $0.76; Mar 23, 2023 $0.37; Jun 7, 2023 $0.39; Sep 26, 2023 $0.68; Dec 20, 2023 $0.73; Mar 21, 2024 $0.31; Jun 11, 2024 $0.39; Sep 25, 2024 $0.49; Dec 17, 2024 $0.64; Mar 18, 2025 $0.37; Jun 16, 2025 $0.52; Sep 16, 2025 $0.47; Dec 16, 2025 $0.91; Jun 15, 2026 $0.51; Sep 15, 2026 $0.53. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.53
Jun 15, 2026Jun 18, 2026$0.51
Dec 16, 2025Dec 19, 2025$0.91
Sep 16, 2025Sep 19, 2025$0.47
Jun 16, 2025Jun 20, 2025$0.52
Mar 18, 2025Mar 21, 2025$0.37
Dec 17, 2024Dec 20, 2024$0.64
Sep 25, 2024Sep 30, 2024$0.49
Jun 11, 2024Jun 17, 2024$0.39
Mar 21, 2024Mar 27, 2024$0.31
Dec 20, 2023Dec 27, 2023$0.73
Sep 26, 2023Oct 2, 2023$0.68

REZ Risk

How much the fund’s monthly returns vary, scaled to a year.
17.4%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.50
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−35.0%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.81
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

REZ Cost

Expense ratio0.48%
  • The middle half of US Real Estate funds
  • Median 0.35%

15 of the 21 US Real Estate funds charge less.

REZ costs $48.00 a year on $10,000. The median US Real Estate fund costs $35.00.