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GQRE vs HAUZ

Northern Trust Global Quality Real Estate ETF

GQREBNYSE Arca

Xtrackers International Real Estate ETF

HAUZANYSE Arca

Overlap

25.3%by weight

Expense ratio

HAUZ −0.35pt a year

GQRE0.45%HAUZ0.10%

Avg volume · 30D

HAUZ 3.7×the volume

GQRE31.5KHAUZ117K

10Y return · a year

GQRE +1.6pt

GQRE+3.9%HAUZ+2.3%

GQRE vs HAUZ Performance

Oct 29, 2021 – Oct 30, 2026

+2.2%GQRE−10.6%HAUZ

Oct 29, 2021 to Oct 30, 2026. GQRE +2.2%. HAUZ −10.6%. Use the arrow keys to read each point.−30%−20%10%Oct 2021Apr 2024Oct 2026
Expense ratio
GQRE 0.45%
HAUZ 0.10%, better
Fund size
GQRE $426M
HAUZ $1.06B
1Y total return
GQRE +7.3%, better
HAUZ −4.6%
Yield (12M)
GQRE 4.36%, better
HAUZ 3.81%
Holdings
GQRE 158
HAUZ 400
Avg volume (30D)
GQRE 31.5K sh
HAUZ 117K sh, better
NAV per share
GQRE $60.91
HAUZ $21.46
52W range

ETF.net Grade

GQRE: Cost 68, Risk 75, Mission 100, Tradability 71, Holdings 65, Durability 68. HAUZ: Cost 100, Risk 40, Mission 82, Tradability 58, Holdings 89, Durability 68.
Pillar letters and Scores for GQRE, HAUZ, with each pillar’s weight
PillarGQREHAUZ
Cost30% weightB68A100Higher
Mission25% weightA100HigherA82
Risk15% weightA75HigherC40
Tradability15% weightA71HigherB58
Holdings10% weightB65A89Higher
Durability5% weightB68B68

Rank among Global & International Real Estate funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GQRE and HAUZ are both graded against the same 18 Global & International Real Estate funds, so their Grades compare head to head.

See all 18 ›

HAUZ ranks 3rd and GQRE 5th of 18 funds in the Global & International Real Estate Category.

  1. Rank 1AREETiShares Global REIT ETFScore 78
  2. Rank 2ADFGRDimensional Global Real Estate ETFScore 77
  3. Rank 3AHAUZXtrackers International Real Estate ETFScore 75
  4. Rank 4AVNQIVanguard Global ex-U.S. Real Estate ETFScore 74
  5. Rank 5BGQRENorthern Trust Global Quality Real Estate ETFScore 69
  6. Rank 6BVGSRVert Global Sustainable Real Estate ETFScore 62

Our read on each fund

ETF.net Research

GQREBNorthern Trust Global Quality Real Estate ETF

HAUZAXtrackers International Real Estate ETF

In short

GQRE Most global real estate funds just buy the sector by size. GQRE screens it first: a Northern Trust index built to maximize quality, value and momentum across US and overseas REITs, at 0.45% net of a waiver through March 1, 2027.

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

GQRE The Fund seeks to track the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate Index.

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

Why people hold it

  • GQRE The index is built to maximize quality, value and momentum inside the real estate universe, with the quality score reading profitability, cash flow and management strength.flexshares.com
  • Genuinely global: US plus overseas names, REITs and real estate operating companies, where peers HAUZ (0.10%) and VNQI (0.12%) stop outside the US.flexshares.com
  • Trading since 2013 with roughly 200 holdings and quarterly payouts, it sits in the upper half of its global real estate peer group.
  • 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

  • GQRE 0.45% net of a waiver through March 1, 2027 (0.46% gross) sits near the category median, above trackers REET (0.14%) and DFGR (0.21%, waived through February 28, 2027).
  • One of the quieter tickers in its category, so the gap between bid and ask can matter more here than with the category's most traded names.
  • One sector, and a rate-sensitive one: fund documents flag real estate concentration risk, and the factor screen can send it well away from a plain cap-weighted REIT basket.flexshares.com
  • 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 GQRE profile⁠

Full HAUZ profile⁠

GQRE vs HAUZ Holdings

How GQRE and HAUZ differ

Overlap by weight

25.3%

Shared holdings make up 29.2% of GQRE and 28.2% of HAUZ.

Level by level

  • Holdings73 in both25.3%
  • Countryby domicile31.2%
  • Sector11 Sectors97.0%
  • Asset classEquity100%

Sector

Sector weights in GQRE and HAUZ, widest gap first
SectorMore in GQREMore in HAUZ
Real EstateGQRE +2.1 points
IndustrialsHAUZ +1.4 points
CommunicationHAUZ +1.2 points
FinancialsGQRE +0.7 points
TechnologyHAUZ +0.1 points
UtilitiesHAUZ +0.1 points
MaterialsHAUZ +0.1 points
Health CareSame weight
Consumer DiscretionarySame weight
EnergySame weight
Consumer StaplesSame weight

Country, concentration and asset class

Country by domicile

Country weights in GQRE and HAUZ, widest gap first
CountryMore in GQREMore in HAUZ
United StatesGQRE +68.8 points
JapanHAUZ +15.2 points
AustraliaHAUZ +9.7 points
United KingdomHAUZ +5.6 points
SingaporeHAUZ +4.8 points
CanadaHAUZ +3.7 points
SwedenHAUZ +3.4 points
Hong KongHAUZ +3.2 points
Other countries (26)HAUZ +23.2 points

Outside the US: GQRE 94% developed, 6% emerging. HAUZ 81% developed, 19% emerging.

Concentration

Weight in the 10 largest Holdings

  • GQRE35.3%
  • HAUZ22.2%

Securities held

  • GQRE141
  • HAUZ399

Asset class

GQRE
Equity
HAUZ
Equity

Holdings

  • Only in GQRE68
  • In both73
  • Only in HAUZ326

Only in GQRE

68 securities, 65.5% of GQRE by weight

  • Prologis Inc Reit USD 0.016.72%
  • Welltower Inc5.22%
  • Equinix Inc Reit USD 0.0014.36%

Only in HAUZ

326 securities, 70.8% of HAUZ by weight

  • Goodman Group4.32%
  • Mitsubishi Estate Co Ltd3.26%
  • Mitsui Fudosan Co Ltd3.00%

Weight gaps

All 73 Holdings in both funds, largest gap first.

Holding weights in GQRE and HAUZ, widest gap first
HoldingMore in GQREMore in HAUZ
Stockland Reit Aud 0HAUZ +0.71 points
Sumitomo Realty & Development Co Ltd Common StockHAUZ +0.61 points
Land Securities Group PLC Reit Gbp 10.6667LAND.LHAUZ +0.48 points
Sun Hung Kai Properties Ltd Common Stock Hkd 0GQRE +0.29 points
Riocan Real Estate Investment Trust Reit Cad 0HAUZ +0.20 points
Leg Immobilien SE Common Stock EurHAUZ +0.17 points
Granite Real Estate Investment Trust Reit Cad 0HAUZ +0.15 points
Airport City Ltd Common Stock Ils 0.01GQRE +0.14 points

All 200 GQRE holdings⁠All 410 HAUZ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GQRE vs HAUZ Cost

Overpaying GQRE vs HAUZ

$6,935

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GQRE 0.45%

    $9,041

  • HAUZ 0.10%

    $2,106

$10,000
30 years

Cost over time

  • GQRE 0.45%
  • HAUZ 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530GQRE $9,041HAUZ $2,106

Year by year

YearGQREHAUZOverpaying
10$812$183$629
20$3,128$717$2,411
30$9,041$2,106$6,935

Expense ratio

  • 0.45%GQRE
  • 0.10%HAUZ, cheaper
  • Middle half of Global & International Real Estate funds
  • Median 0.49%

HAUZ cheapest of 18 funds

GQRE 6th cheapest of 18 funds

GQRE vs HAUZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GQRE 4.36%, better
HAUZ 3.81%
Payout (12M)
GQRE $2.65
HAUZ $0.82
Last payment
GQRE $0.42
HAUZ $0.24
Ex-dividend
GQRE Sep 18, 2026
HAUZ Jun 18, 2026
Paid on
GQRE Sep 24, 2026
HAUZ Jun 26, 2026
Frequency
GQRE Quarterly
HAUZ Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GQREQuarterly · 38 paymentsAll GQRE payments⁠
One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.03; Jun 19, 2017 $0.42; Dec 21, 2017 $0.78; Mar 19, 2018 $0.06; Jun 18, 2018 $0.52; Sep 24, 2018 $0.50; Dec 21, 2018 $0.70; Mar 15, 2019 $0.13; Jun 21, 2019 $0.53; Sep 20, 2019 $0.44; Dec 20, 2019 $1.68; Mar 20, 2020 $0.06; Jun 19, 2020 $0.48; Sep 18, 2020 $0.30; Dec 18, 2020 $0.33; Mar 19, 2021 $0.05; Jun 18, 2021 $0.42; Sep 17, 2021 $0.23; Dec 17, 2021 $1.04; Mar 18, 2022 $0.009; Jun 17, 2022 $0.41; Sep 16, 2022 $0.56; Dec 16, 2022 $0.36; Mar 17, 2023 $0.18; Jun 16, 2023 $0.44; Sep 15, 2023 $0.50; Dec 15, 2023 $0.50; Mar 15, 2024 $0.05; Jun 21, 2024 $0.44; Sep 20, 2024 $0.41; Dec 20, 2024 $1.25; Mar 21, 2025 $0.12; Jun 20, 2025 $0.60; Sep 19, 2025 $0.51; Dec 19, 2025 $1.57; Mar 20, 2026 $0.08; Jun 18, 2026 $0.58; Sep 18, 2026 $0.42. Use the arrow keys to read each point.$0$12017202020232026YTD
HAUZTwice a year · 19 paymentsAll HAUZ payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 21, 2017 $0.20; Dec 19, 2017 $0.54; Jun 20, 2018 $0.15; Dec 19, 2018 $0.34; Jun 28, 2019 $0.25; Dec 18, 2019 $0.84; Jun 19, 2020 $0.36; Dec 18, 2020 $0.54; Jun 25, 2021 $0.88; Dec 17, 2021 $0.47; Jun 24, 2022 $0.17; Dec 16, 2022 $0.26; Jun 23, 2023 $0.40; Dec 15, 2023 $0.37; Jun 21, 2024 $0.43; Dec 20, 2024 $0.46; Jun 20, 2025 $0.46; Dec 19, 2025 $0.57; Jun 18, 2026 $0.24. Use the arrow keys to read each point.$0$12017202020232026YTD

GQRE vs HAUZ Risk

Fall from peak · 5 years

  • GQRE
  • HAUZ
Oct 29, 2021 to Oct 30, 2026. Worst fall: GQRE −35.1% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
GQRE 14.8%, betterHAUZ 16.4%
Return per unit of riskSharpe ratio, 3 years
GQRE 0.60, betterHAUZ 0.33
Worst fallMax drawdown, 5 years
GQRE −35.1%HAUZ −33.6%, better
Market sensitivityBeta, 5 years
GQRE 0.92HAUZ 1.01

GQRE and HAUZ in the news

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