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ICF vs USRT

iShares Select U.S. REIT ETF

ICFBCboe

iShares Core U.S. REIT ETF

USRTANYSE Arca

Overlap

Expense ratio

USRT −0.24pt a year

ICF0.32%USRT0.08%

Avg volume · 30D

USRT 3.5×the volume

ICF226KUSRT789K

10Y return · a year

USRT +0.6pt

ICF+6.6%USRT+7.2%

ICF vs USRT Performance

Nov 9, 2021 – Nov 9, 2026

+10.6%ICF+20.0%USRT

Nov 9, 2021 to Nov 9, 2026. ICF +10.6%. USRT +20.0%. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026
Expense ratio
ICF 0.32%
USRT 0.08%, better
Fund size
ICF $2.03B
USRT $4.24B
1Y total return
ICF +15.3%
USRT +16.3%, better
Yield (12M)
ICF 2.54%
USRT 2.65%, better
Holdings
ICF 33
USRT 125
Avg volume (30D)
ICF 226K sh
USRT 789K sh, better
NAV per share
ICF $67.75
USRT $65.09
52W range

ETF.net Grade

ICF: Cost 57, Risk 63, Mission 98, Tradability 72, Holdings 25, Durability 74. USRT: Cost 93, Risk 59, Mission 100, Tradability 82, Holdings 53, Durability 78.
Pillar letters and Scores for ICF, USRT, with each pillar’s weight
PillarICFUSRT
Cost30% weightB57A93Higher
Mission25% weightA98A100Higher
Risk15% weightB63HigherB59
Tradability15% weightA72A82Higher
Holdings10% weightD25C53Higher
Durability5% weightA74A78Higher

Rank among US 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. ICF and USRT are both graded against the same 21 US Real Estate funds, so their Grades compare head to head.

US Real Estate⁠

Category · 21 funds
See all 21 ›

USRT ranks 1st and ICF 9th of 21 funds in the US Real Estate Category.

  1. Rank 1ASCHHSchwab U.S. REIT ETFScore 83
  2. Rank 1AUSRTiShares Core U.S. REIT ETFScore 83
  3. Rank 3AFRELFidelity MSCI Real Estate Index ETFScore 81
  4. Rank 8ABBREJPMorgan BetaBuilders MSCI US REIT ETFScore 71
  5. Rank 9BICFiShares Select U.S. REIT ETFScore 68
  6. Rank 10BRDOGALPS REIT Dividend Dogs ETFScore 61

Our read on each fund

ETF.net Research

ICFBiShares Select U.S. REIT ETF

USRTAiShares Core U.S. REIT ETF

In short

ICF Since 2001 this fund has owned a short list of about 30 big U.S. landlords instead of the whole property sector. Cohen & Steers builds the index, iShares runs the wrapper, and concentration is the feature, not an accident.

USRT Cheap, plain-vanilla ownership of U.S. landlords: roughly 130 equity REITs for eight basis points, running since 2007. One of the least expensive doors into the real estate aisle.

Stated mandate

ICF The fund seeks to track an index of U.S. real estate investment trusts, offering diversified exposure to the U.S. real estate market.

USRT The fund seeks to track an index composed of U.S. real estate equities.

Why people hold it

  • ICF Concentrated by design: about 30 large U.S. REITs drawn from the Cohen & Steers Realty Majors Index, so the biggest landlords carry real weight rather than getting diluted.ishares.com
  • Charges 0.32% a year, below the median fee for U.S. real estate ETFs.
  • Tracks its index very closely, one of the stronger implementations in the U.S. real estate group.
  • Running since 2001 through multiple property cycles, at multi-billion-dollar scale, paying distributions quarterly.
  • USRT 0.08% a year against a 0.37% median for U.S. real estate funds. Among the category's heavyweights, only SCHH (0.07%) is cheaper.
  • Tracks the FTSE Nareit Equity REITs 40 Act Capped Index with very little drift, one of the tightest index jobs in its peer group.ishares.com
  • Live since 2007, a multi-billion-dollar fund from iShares, holding about 130 REITs across the U.S. property market.ishares.com

Worth knowing

  • ICF Not the cheap option next to the index giants: SCHH, VNQ and USRT all charge a fraction of its fee.
  • With about 30 names, a single landlord or property type can steer results more than in a fund that owns the full sector.
  • Moderately traded rather than a volume leader among REIT funds.
  • USRT One sector, one country. Real estate swings with rates and property cycles, so expect a bumpier ride than a broad U.S. stock fund.
  • Actively traded, but the aisle's largest funds (VNQ, SCHH) turn over more shares. Worth watching the spread on chunky orders.
  • Income arrives quarterly, not monthly.ishares.com

Full ICF profile⁠

Full USRT profile⁠

ICF vs USRT 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.

ICF vs USRT Cost

Overpaying ICF vs USRT

$4,853

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

  • ICF 0.32%

    $6,542

  • USRT 0.08%

    $1,689

$10,000
30 years

Cost over time

  • ICF 0.32%
  • USRT 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530ICF $6,542USRT $1,689

Year by year

YearICFUSRTOverpaying
10$580$147$433
20$2,250$575$1,675
30$6,542$1,689$4,853

Expense ratio

  • 0.32%ICF
  • 0.08%USRT, cheaper
  • Middle half of US Real Estate funds
  • Median 0.35%

USRT 2nd cheapest of 21 funds

ICF 10th cheapest of 21 funds

ICF vs USRT Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
ICF 2.54%
USRT 2.65%, better
Payout (12M)
ICF $1.74
USRT $1.75
Last payment
ICF $0.48
USRT $0.47
Ex-dividend
ICF Sep 15, 2026
USRT Sep 15, 2026
Paid on
ICF Sep 18, 2026
USRT Sep 18, 2026
Frequency
ICF Quarterly
USRT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ICFQuarterly · 39 paymentsAll ICF payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.40; Jun 27, 2017 $0.39; Sep 26, 2017 $0.37; Dec 21, 2017 $0.42; Mar 22, 2018 $0.39; Jun 26, 2018 $0.41; Sep 26, 2018 $0.39; Dec 17, 2018 $0.34; Mar 20, 2019 $0.36; Jun 17, 2019 $0.36; Sep 24, 2019 $0.35; Dec 16, 2019 $0.42; Mar 25, 2020 $0.32; Jun 15, 2020 $0.29; Sep 23, 2020 $0.31; Dec 14, 2020 $0.36; Mar 25, 2021 $0.28; Jun 10, 2021 $0.31; Sep 24, 2021 $0.22; Dec 13, 2021 $0.57; Mar 24, 2022 $0.22; Jun 9, 2022 $0.19; Sep 26, 2022 $0.55; Dec 13, 2022 $0.48; Mar 23, 2023 $0.26; Jun 7, 2023 $0.21; Sep 26, 2023 $0.60; Dec 20, 2023 $0.55; Mar 21, 2024 $0.25; Jun 11, 2024 $0.26; Sep 25, 2024 $0.58; Dec 17, 2024 $0.51; Mar 18, 2025 $0.25; Jun 16, 2025 $0.37; Sep 16, 2025 $0.40; Dec 16, 2025 $0.69; Mar 17, 2026 $0.19; Jun 15, 2026 $0.38; Sep 15, 2026 $0.48. Use the arrow keys to read each point.$0$12017202020232026YTD
USRTQuarterly · 39 paymentsAll USRT payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.48; Jun 27, 2017 $0.46; Sep 26, 2017 $0.44; Dec 19, 2017 $0.32; Mar 22, 2018 $0.47; Jun 26, 2018 $0.50; Sep 26, 2018 $1.27; Dec 17, 2018 $0.30; Mar 20, 2019 $0.44; Jun 17, 2019 $0.39; Sep 24, 2019 $0.46; Dec 16, 2019 $0.54; Mar 25, 2020 $0.43; Jun 15, 2020 $0.33; Sep 23, 2020 $0.34; Dec 14, 2020 $0.40; Mar 25, 2021 $0.34; Jun 10, 2021 $0.36; Sep 24, 2021 $0.25; Dec 13, 2021 $0.59; Mar 24, 2022 $0.26; Jun 9, 2022 $0.26; Sep 26, 2022 $0.64; Dec 13, 2022 $0.56; Mar 23, 2023 $0.30; Jun 7, 2023 $0.28; Sep 26, 2023 $0.59; Dec 20, 2023 $0.56; Mar 21, 2024 $0.27; Jun 11, 2024 $0.29; Sep 25, 2024 $0.56; Dec 17, 2024 $0.51; Mar 18, 2025 $0.25; Jun 16, 2025 $0.38; Sep 16, 2025 $0.42; Dec 16, 2025 $0.70; Mar 17, 2026 $0.21; Jun 15, 2026 $0.37; Sep 15, 2026 $0.47. Use the arrow keys to read each point.$0$12017202020232026YTD

ICF vs USRT Risk

Fall from peak · 5 years

  • ICF
  • USRT
Nov 9, 2021 to Nov 9, 2026. Worst fall: ICF −34.7% · Oct 2023. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
ICF 16.5%USRT 16.1%, better
Return per unit of riskSharpe ratio, 3 years
ICF 0.60USRT 0.70, better
Worst fallMax drawdown, 5 years
ICF −34.7%USRT −31.0%, better
Market sensitivityBeta, 5 years
ICF 0.93USRT 0.96

ICF and USRT in the news

All news⁠

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