BLDG vs HAUZ

BLDGDCambria Global Real Estate ETF

HAUZAXtrackers International Real Estate ETF

In short

BLDG Most real estate ETFs buy the biggest landlords by market cap and stop there. Cambria goes global and active instead: US, developed and emerging-market property companies screened on value, quality and momentum, then about 80 of them held.

HAUZ The bargain passport for property: HAUZ owns real estate companies everywhere except the US, developed and emerging alike, for 0.10% a year. One of the cheapest ways to own the rest of the world's landlords.

Stated mandate

BLDG The Fund is actively managed and invests primarily in domestic and foreign real-estate companies selected for favorable value, quality, and momentum metrics.

HAUZ The fund seeks investment results that generally correspond to the performance of an iSTOXX Developed and Emerging benchmark.

Why people hold it

• BLDG One ticker covers US, developed international and emerging-market real estate, not just domestic REITs.
• Actively picked on value, quality and momentum, so the largest landlord doesn't automatically become the largest position.
• 0.59% expense ratio, below the median for its actively managed US equity peer group.
• Live since 2020, pays on a quarterly schedule, and holds roughly 80 names rather than a few concentrated bets.

• HAUZ Charges 0.10% a year against a 0.50% median for global real estate funds, undercutting even the low-cost giants VNQI (0.12%) and REET (0.14%).
• The US is deliberately left out. The index covers developed and emerging markets outside America, so it sits beside a domestic REIT holding instead of doubling it.dws.com
• About 400 holdings across dozens of markets, weighted by free float, so it owns the world's big listed property names rather than making country bets.dws.com
• Running since 2013 as a plain index tracker, and its portfolio lines up closely with the benchmark it promises.

Worth knowing

• BLDG Thinly traded. Light volume can mean wider spreads between what you pay and what the shares are worth.
• Foreign property companies add currency movement on top of real estate movement.
• One sector, run by human judgment: outcomes track the managers' screens and the property cycle, not a broad market index.

• HAUZ One sector, one theme. Property equities move with interest rates and credit, and this fund's swings have been wider than most of what we grade.
• Distributions arrive once or twice a year, not monthly, so the income shows up lumpy.
• Moderate trading volume rather than headline volume, which can mean wider bid-ask spreads than the busiest global real estate funds.

Full BLDG profile⁠

Full HAUZ profile⁠