ETF comparison

IYR vs RWR

Both Real Estate.

iShares U.S. Real Estate ETF · State Street SPDR Dow Jones REIT ETF

Holdings overlap

Weighted by ISIN/CUSIP
72.5 %

41 positions appear in both funds. Buying equal dollars of IYR and RWR would leave roughly 72.5% of each dollar exposed to the same underlying securities.

IYR only 27.1% Shared 72.5% RWR only 26.7%
In IYR only
20 positions
Shared
41 positions
In RWR only
60 positions

Side by side

IYR

iShares U.S. Real Estate ETF

iShares · Real Estate

64 composite / 100
Expense ratio
0.38%
Net assets
$4.67B
TTM yield
2.18%
Top-10 conc.
51.5%
RWR

State Street SPDR Dow Jones REIT ETF

State Street · Real Estate

64 composite / 100
Expense ratio
0.25%
Net assets
$1.84B
TTM yield
3.31%
Top-10 conc.
52.0%

Sub-score comparison

62
Cost
75
59
Tax efficiency
56
86
Liquidity
68
41
Concentration
40
Tracking quality
IYR sub-score RWR

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

RWR is 13 bps cheaper than IYR. On a $100,000 position that's about $130/yr more in fees for IYR.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IYR vs RWR.

Top shared holdings

41 shared in total
# Holding In IYR In RWR Overlap
1 WELLTOWER INC. 9.96% 9.91% 9.91%
2 PROLOGIS, INC. 9.18% 10.12% 9.18%
3 EQUINIX, INC. 4.69% 4.66% 4.66%
4 DIGITAL REALTY TRUST, INC. 4.63% 4.62% 4.62%
5 SIMON PROPERTY GROUP, INC. 4.58% 4.56% 4.56%
6 REALTY INCOME CORPORATION 4.40% 4.38% 4.38%
7 PUBLIC STORAGE. 3.41% 4.18% 3.41%
8 VENTAS, INC. 3.09% 4.12% 3.09%
9 EXTRA SPACE STORAGE INC. 2.21% 2.95% 2.21%
10 AVALONBAY COMMUNITIES, INC. 1.84% 2.46% 1.84%
11 EQUITY RESIDENTIAL 1.62% 2.16% 1.62%
12 ESSEX PROPERTY TRUST, INC. 1.24% 1.66% 1.24%

Only in IYR

20 total
  • AMERICAN TOWER CORPORATION 4.39%
  • CBRE GROUP, INC. 3.13%
  • CROWN CASTLE INC. 2.82%
  • IRON MOUNTAIN INCORPORATED 2.40%
  • VICI PROPERTIES INC. 2.32%
  • SBA COMMUNICATIONS CORPORATION 1.46%
  • WEYERHAEUSER COMPANY 1.40%
  • COSTAR GROUP, INC. 1.36%
  • ANNALY CAPITAL MANAGEMENT, INC. 1.21%
  • JONES LANG LASALLE INCORPORATED 1.14%

Only in RWR

60 total
  • American Healthcare REIT Inc 0.89%
  • CareTrust REIT Inc 0.87%
  • Terreno Realty Corp 0.68%
  • Essential Properties Realty Trust Inc 0.68%
  • Ryman Hospitality Properties Inc 0.62%
  • Kite Realty Group Trust 0.56%
  • Macerich Co/The 0.51%
  • Phillips Edison & Co Inc 0.50%
  • Tanger Inc 0.42%
  • National Health Investors Inc 0.41%

Open IYR or RWR at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.