IWM vs USRT: Holdings Overlap
iShares · 1941 holdings · $82.2B · as of 2026-03-31
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (IWM: 2026-03-31, USRT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IWM and USRT?
iShares Russell 2000 ETF (IWM, by iShares) holds 1941 positions; iShares Core U.S. REIT ETF (USRT, by iShares) holds 127. They have 75 holdings in common, and by portfolio weight the two funds are 4.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 75IWM holds 1941 · USRT holds 127
- Weight in Shared Holdings
- IWM 5%·USRT 13%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IWM
1866 of 1941 positions (94.9% of the fund) are not held by USRT. Showing the top 30 by weight.
Sector Breakdown
| Sector | IWM | USRT |
|---|---|---|
| Real Estate | 5.2% | 99.6% |
| Industrials | 17.9% | 0.0% |
| Health Care | 16.6% | 0.0% |
| Financials | 15.3% | 0.0% |
| Information Technology | 13.6% | 0.0% |
| Other Sectors | 25.6% | 0.0% |
| Unclassified | 5.5% | 0.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of IWM, 0% of USRT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IWM | +1.8% | +23.0% | +38.6% | +17.1% | +7.5% | +10.8% | 0.88% |
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IWM vs USRT →
Shared Holdings(75)
The top 10 shared positions account for 42% of the overlap, led by AHR, CTRE and TRNO.
 AHRAmerican Healthcare REIT Inc. COM SHS | 0.29% | 0.77% | 0.29% |
|---|---|---|---|
 CTRECaretrust Reit Inc COM | 0.28% | 0.76% | 0.28% |
 TRNOTerreno Realty Corporation COM | 0.21% | 0.57% | 0.21% |
 EPRTEssential Properties Realty Trust Inc. COM | 0.20% | 0.53% | 0.20% |
 RHPRyman Hospitality Properties Inc COM | 0.19% | 0.55% | 0.19% |
 KRGKite Realty Group Trust COM NEW | 0.18% | 0.49% | 0.18% |
 MACThe Macerich Company COM | 0.17% | 0.48% | 0.17% |
 SBRASabra Health Care REIT, Inc. COM | 0.16% | 0.44% | 0.16% |
 PECOPhillips Edison & Co Inc COMMON STOCK | 0.16% | 0.43% | 0.16% |
 OUTOUTFRONT Media Inc COM NEW | 0.13% | 0.39% | 0.13% |
 SKTTanger Inc. COM | 0.13% | 0.36% | 0.13% |
 NHINational Health Investors, Inc. COM | 0.13% | 0.31% | 0.13% |
 IRTIndependence Realty Trust Inc COM | 0.12% | 0.34% | 0.12% |
 CDPCOPT Defense Properties SHS BEN INT | 0.12% | 0.30% | 0.12% |
 BNLBroadstone Net Lease Inc COM | 0.12% | 0.32% | 0.12% |
 LXPLXP Industrial Trust COM | 0.09% | 0.25% | 0.09% |
 SLGSl Green Realty Corp COM | 0.09% | 0.26% | 0.09% |
 APLEApple Hospitality Reit Inc COM NEW | 0.09% | 0.26% | 0.09% |
 UEUrban Edge Properties COM | 0.09% | 0.24% | 0.09% |
 AKRAcadia Realty Trust COM SH BEN INT | 0.09% | 0.24% | 0.09% |
 CURBCurbline Properties Corp. COM | 0.09% | 0.23% | 0.09% |
 FCPTFour Corners Property Trust Inc. COM | 0.09% | 0.23% | 0.09% |
 IVTInventrust Properties Corporation COM NEW | 0.08% | 0.21% | 0.08% |
 DRHDiamondRock Hospitality Co. COM | 0.07% | 0.18% | 0.07% |
 GNLGlobal Net Lease Inc COM NEW | 0.06% | 0.16% | 0.06% |
Frequently Asked Questions
How much do IWM and USRT overlap?
IWM and USRT overlap by 4.8% of portfolio weight. They share 75 holdings (IWM holds 1941 positions and USRT holds 127), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IWM and USRT?
The two portfolios are 4.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IWM and USRT?
The largest positions held by both funds are AHR, CTRE, TRNO, EPRT and RHP. Together the top 10 shared positions account for 42% of the total overlap.
What does IWM own that USRT doesn't?
1866 positions (94.9% of IWM) are unique to IWM, led by BE, CDE and FN. In the other direction, 52 positions (86.9% of USRT) are unique to USRT.