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GQRE vs REET

Northern Trust Global Quality Real Estate ETF

GQREBNYSE Arca

iShares Global REIT ETF

REETANYSE Arca

Overlap

Expense ratio

REET −0.31pt a year

GQRE0.45%REET0.14%

Avg volume · 30D

REET 95.8×the volume

GQRE31.5KREET3.02M

10Y return · a year

REET +0.4pt

GQRE+3.9%REET+4.3%

GQRE vs REET Performance

Oct 29, 2021 – Oct 30, 2026

+2.2%GQRE+6.3%REET

Oct 29, 2021 to Oct 30, 2026. GQRE +2.2%. REET +6.3%. Use the arrow keys to read each point.−30%−20%−10%Oct 2021Apr 2024Oct 2026
Expense ratio
GQRE 0.45%
REET 0.14%, better
Fund size
GQRE $426M
REET $4.77B
1Y total return
GQRE +7.3%
REET +8.6%, better
Yield (12M)
GQRE 4.36%, better
REET 3.52%
Holdings
GQRE 158
REET 350
Avg volume (30D)
GQRE 31.5K sh
REET 3.02M sh, better
NAV per share
GQRE $60.91
REET $26.44
52W range

ETF.net Grade

GQRE: Cost 68, Risk 75, Mission 100, Tradability 71, Holdings 65, Durability 68. REET: Cost 88, Risk 58, Mission 99, Tradability 100, Holdings 39, Durability 92.
Pillar letters and Scores for GQRE, REET, with each pillar’s weight
PillarGQREREET
Cost30% weightB68A88Higher
Mission25% weightA100HigherA99
Risk15% weightA75HigherB58
Tradability15% weightA71A100Higher
Holdings10% weightB65HigherD39
Durability5% weightB68A92Higher

Rank among Global & International Real Estate funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

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

Global & International Real Estate⁠

Category · 18 funds
See all 18 ›

REET ranks 1st 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 4AVNQIVanguard Global ex-U.S. Real Estate ETFScore 74
  4. Rank 5BGQRENorthern Trust Global Quality Real Estate ETFScore 69
  5. Rank 6BVGSRVert Global Sustainable Real Estate ETFScore 62

Our read on each fund

ETF.net Research

GQREBNorthern Trust Global Quality Real Estate ETF

REETAiShares Global REIT 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.

REET One ticker, roughly 300 listed REITs across developed and emerging markets, US included, for 0.14% a year. The plain-vanilla global landlord basket, at a fraction of what its category usually charges.

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.

REET The fund seeks to track a global real-estate-equity index covering publicly listed REITs in developed and emerging markets.

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.
  • REET Charges 0.14% a year, well under the typical fee among global real estate funds.
  • Covers global REITs in one line, US included. Ex-US peers like VNQI and HAUZ leave the home market out by design.
  • Roughly 300 REITs spanning developed and emerging markets, with distributions paid quarterly.
  • A multi-billion-dollar, actively traded fund running since its 2014 launch, and it has hugged its index tightly.

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
  • REET One sector, start to finish. REIT prices move with property values and interest rates, and nothing outside real estate is here to offset that.
  • Foreign listings mean overseas currency moves flow into what a US investor sees.
  • The index holds REITs specifically, so real estate operators and developers not structured as REITs fall outside it.ishares.com

Full GQRE profile⁠

Full REET profile⁠

GQRE vs REET 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 REET Cost

Overpaying GQRE vs REET

$6,109

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

  • GQRE 0.45%

    $9,041

  • REET 0.14%

    $2,932

$10,000
30 years

Cost over time

  • GQRE 0.45%
  • REET 0.14%
  • 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 $9,041REET $2,932

Year by year

YearGQREREETOverpaying
10$812$256$556
20$3,128$1,000$2,128
30$9,041$2,932$6,109

Expense ratio

  • 0.45%GQRE
  • 0.14%REET, cheaper
  • Middle half of Global & International Real Estate funds
  • Median 0.49%

REET 3rd cheapest of 18 funds

GQRE 6th cheapest of 18 funds

GQRE vs REET Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GQRE 4.36%, better
REET 3.52%
Payout (12M)
GQRE $2.65
REET $0.93
Last payment
GQRE $0.42
REET $0.23
Ex-dividend
GQRE Sep 18, 2026
REET Sep 15, 2026
Paid on
GQRE Sep 24, 2026
REET Sep 18, 2026
Frequency
GQRE Quarterly
REET Quarterly

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
REETQuarterly · 38 paymentsAll REET payments⁠
One bar per payment. 38 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.25; Jun 20, 2017 $0.26; Sep 26, 2017 $0.22; Dec 21, 2017 $0.25; Dec 28, 2017 $0.02; Mar 22, 2018 $0.26; Jun 19, 2018 $0.32; Sep 26, 2018 $0.52; Dec 18, 2018 $0.25; Mar 20, 2019 $0.26; Jun 17, 2019 $0.27; Sep 24, 2019 $0.26; Dec 16, 2019 $0.66; Mar 25, 2020 $0.26; Jun 15, 2020 $0.18; Sep 23, 2020 $0.19; Mar 25, 2021 $0.24; Jun 10, 2021 $0.22; Sep 24, 2021 $0.18; Dec 13, 2021 $0.34; Mar 24, 2022 $0.13; Jun 9, 2022 $0.14; Sep 26, 2022 $0.28; Mar 23, 2023 $0.15; Jun 7, 2023 $0.13; Sep 26, 2023 $0.27; Dec 20, 2023 $0.24; Mar 21, 2024 $0.13; Jun 11, 2024 $0.07; Sep 25, 2024 $0.25; Dec 17, 2024 $0.41; Mar 18, 2025 $0.13; Jun 16, 2025 $0.19; Sep 16, 2025 $0.23; Dec 15, 2025 $0.38; Mar 17, 2026 $0.13; Jun 15, 2026 $0.20; Sep 15, 2026 $0.23. Use the arrow keys to read each point.$0$12017202020232026YTD

GQRE vs REET Risk

Fall from peak · 5 years

  • GQRE
  • REET
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%, betterREET 15.4%
Return per unit of riskSharpe ratio, 3 years
GQRE 0.60, betterREET 0.59
Worst fallMax drawdown, 5 years
GQRE −35.1%REET −32.1%, better
Market sensitivityBeta, 5 years
GQRE 0.92REET 0.93

GQRE and REET in the news

All news⁠

Popular comparisons

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    Northern Trust Global Quality Real Estate ETF · Dimensional Global Real Estate ETF

    Expense ratio
    0.45% · 0.21%
    Category
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