DFGR vs ERET

DFGRADimensional Global Real Estate ETF

ERETBiShares Environmentally Aware Real Estate ETF

In short

DFGR One ticker for the world's landlords: US, developed and emerging-market REITs in a single market-cap-weighted portfolio, traded by Dimensional's desk rather than on an index calendar. Roughly 500 names.

ERET A global developed-market REIT basket that tilts toward landlords with green-certified, energy-efficient buildings instead of screening whole sectors out. Same bricks-and-mortar core, weighted toward the efficient end of it.

Stated mandate

DFGR The fund seeks long-term capital appreciation by investing broadly in U.S. and non-U.S. companies principally engaged in real estate, including REITs and REIT-like entities.

ERET The fund seeks to track an index of developed-market REITs with greater exposure to green certification and energy efficiency than its parent index.

Why people hold it

• DFGR Fee is 0.21% net of a waiver through February 28, 2027 (0.22% gross), below the category median, though index peers REET (0.14%) and HAUZ (0.10%) charge less.
• Holds US and non-US real estate, developed and emerging markets, in one wrapper. HAUZ and VNQI are ex-US only, so pairing them with a US REIT fund is the usual workaround.sec.gov
• No index to shadow: the prospectus lets Dimensional weight by market cap while flexing trade timing and capping country or issuer exposure.sec.gov
• A multi-billion-dollar fund that trades actively, and it pays distributions quarterly.

• ERET Costs 0.30% a year, well under the 0.50% median for global and international real estate funds. The green tilt does not carry a boutique price tag.
• Tilt, not exclusion: the index seeks greater exposure to green certification and energy efficiency than its parent, so property-sector breadth stays intact.
• Roughly 300 developed-market REITs behind it, so single-landlord risk stays diluted across offices, malls, warehouses and homes.
• Rules-based iShares index plumbing places it in the upper half of its global real estate peer group.

Worth knowing

• DFGR Single-sector by design, so it moves with property markets and the rates that price them, with roughly 500 names spread across that one sector.
• Foreign REITs mean currency moves land in your return; the fund may use currency forwards for settlement, not to hedge its exposure.sec.gov
• Without a published index to track, there is no simple tracking-difference yardstick, and the waiver expires February 28, 2027, leaving the 0.22% gross fee.sec.gov

• ERET A small, thinly traded fund. Spreads can be wide, so limit orders matter more here than with the giants of the category.
• Plain global REIT trackers cost less: HAUZ at 0.10%, VNQI at 0.12%, REET at 0.14%. The green screen is what the extra buys.
• Launched in 2022, so the record is short. Income arrives on an annual or semiannual schedule, not monthly.

Full DFGR profile⁠

Full ERET profile⁠