HAUZ vs SPRE

HAUZAXtrackers International Real Estate ETF

SPREDSP Funds S&P Global REIT Sharia ETF

In short

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.

SPRE Real estate runs on borrowed money, which makes it a hard sector to screen for Islamic investors. SPRE takes that job on: a Sharia-screened global equity-REIT index spanning developed and emerging markets, with monthly distributions.

Stated mandate

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

SPRE The Fund seeks to track, before fees and expenses, the performance of the S&P Global All Equity REIT Shariah Capped Index.

Why people hold it

• 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.

• SPRE A rare way to own listed property worldwide under an Islamic screen. It tracks the S&P Global All Equity REIT Shariah Capped Index, so the screen is written into the mandate, not applied by hand.
• Genuinely global reach: developed and emerging market REITs, not a US-only slice of the sector.
• The index is capped, which keeps any single landlord from swallowing the portfolio.
• Cash comes back monthly rather than quarterly, the cadence income-focused holders tend to prefer.

Worth knowing

• 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.

• SPRE 0.50% a year is the price of the screen. Plain-vanilla global REIT trackers such as REET, HAUZ and VNQI run for a fraction of that.
• Screening a debt-heavy sector thins the field, leaving a shorter, more concentrated roster than an unscreened global REIT fund.
• A smaller, moderately traded fund, so trading costs deserve more attention than with the giants of the category.

Full HAUZ profile⁠

Full SPRE profile⁠