Summary
iShares U.S. Real Estate ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 61. The ten largest make up 53% of the fund.
- Yearly costs
- 0.37%
- Fund size
- $4.10B
- Positions
- 61
- Dividend yield
- 2.44%
- Running since
- 2000
What speaks for it
- Costs of 0.37% a year are below the middle of comparable funds (0.74%).
- A large fund with $4.10B under management.
- Easy to buy and sell: about $549.2M changes hands a day.
- It has been running since 2000.
What to watch
- The ten largest positions make up 53% of the fund, so its result rests on a few names.
- 100% of the fund is in one country (United States).
- In the last five years its price once dropped by 37% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.8%
- 3 months
- -8.8%
- This year
- +2.5%
- 1 year
- -1.8%
- 3 years
- +29%
- 5 years
- -12%
- 10 years
- +23%
- Avg. market cap
- $59.4B
- P/E
- 27.4x
- Forward P/E
- 33.7x
- P/S
- 5.3x
- P/B
- 2.5x
- P/FCF
- 22.6x
- EV/EBITDA
- 18.4x
- Dividend yield
- 3.95%
- ROIC
- 0.1%
- ROE
- 18.3%
- Gross margin
- 46.6%
- Operating margin
- 31.5%
- Net margin
- 25.6%
- Payout ratio
- 108.0%
- Net debt/EBITDA
- 15.6x
- Beta
- 0.98
Weighted average of the 50 largest companies, which make up 97% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 WEWelltower WELL 10%
- 2 PLPrologis PLD 8.9%
- 3 AMAmerican Tower AMT 4.9%
- 4 EQEquinix EQIX 4.6%
- 5 SPSimon Property Group, Inc. SPG 4.6%
- 6 DLDigital Realty DLR 4.5%
- 7 ORealty Income O 4.1%
- 8 PSPublic Storage PSA 3.9%
- 9 VMEquity Residential VMRK 3.5%
- 10 VTVentas, Inc. VTR 3.4%
Positions in the fund: 61. The ten largest make up 53% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 100%
- Other countries 0.02%
By company size
- Large cap 90%
- Mid cap 10%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (100%). Largest size group: Large cap (90%).
What does it cost me?
Cheap- A year from $10,000
- $37.00
- Over 20 years
- $1,809
From every $10,000 invested the fund takes $37.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,809.
How has it done?
Growing slowly- A year on average, 10 years
- +2.1%
- Deepest drop
- -37%
- Yearly volatility
- 14%
Average yearly growth over the last ten years: 2.1%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.44%
- Payments a year
- 4
- Last payment
- $0.74
Over the last 12 months it paid $2.39 per share, which is 2.44% of today's price. The last payment was $0.74 on Sep 15, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $549.2M
- Shares a day
- 5.6M
On an average day about $549.2M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.4
- Average Bulios Score
- 65 out of 100
Weight by Bulios Fair Price
- Undervalued 30%
- Fairly valued 13%
- Overvalued 56%
On average the companies inside trade for 27.4 times their yearly profit. By Fair Price, 56% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 97% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IY IYRI NEOS Real Estate High Income ETF | United States | 0.68% | $113.1M | -11% | Pays out | 96% |
SC SCHH Schwab U.S. REIT ETF | United States | 0.07% | $10.8B | +2.2% | Pays out | 88% |
DF DFAR DFA Real Estate Securities Portfolio ETF Class Shares | United States | 0.22% | $1.60B | +1.7% | Pays out | 85% |
FR FREL Fidelity MSCI Real Estate Index ETF | United States | 0.08% | $1.11B | -1.7% | Pays out | 84% |
FS FSRNX Fidelity Real Estate Index Fund· mutual fund | - | - | $3.01B | -1.2% | Pays out | 83% |
TR TRUR VanEck Real Estate TruSector ETF | United States | 0.17% | $238.9K | - | Pays out | 80% |