IYR vs MDYV: Holdings Overlap
IYRiShares U.S. Real Estate ETF
iShares · 61 holdings · $4.5B · as of 2026-03-31
MDYVState Street® SPDR® S&P 400™ Mid Cap Value ETF
State Street (SPDR) · 297 holdings · $2.9B · as of 2026-08-06
Holdings snapshots are 128 days apart (IYR: 2026-03-31, MDYV: 2026-08-06). 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 IYR and MDYV?
iShares U.S. Real Estate ETF (IYR, by iShares) holds 61 positions; State Street® SPDR® S&P 400™ Mid Cap Value ETF (MDYV, by State Street (SPDR)) holds 297. They have 20 holdings in common, and by portfolio weight the two funds are 7.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 20IYR holds 61 · MDYV holds 297
- Weight in Shared Holdings
- IYR 15%·MDYV 8%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 IYR
41 of 61 positions (84.9% of the fund) are not held by MDYV. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYR | MDYV |
|---|---|---|
| Real Estate | 95.9% | 8.2% |
| Financials | 3.0% | 23.4% |
| Industrials | 0.0% | 18.7% |
| Consumer Discretionary | 0.0% | 12.5% |
| Information Technology | 0.0% | 8.3% |
| Other Sectors | 0.6% | 28.8% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IYR | +0.2% | +12.4% | +12.0% | +9.2% | +2.1% | +5.3% | 2.16% |
| MDYV | +3.1% | +15.2% | +23.9% | +12.9% | +9.2% | +10.6% | 1.64% |
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 IYR vs MDYV →
Shared Holdings(20)
The top 10 shared positions account for 66% of the overlap, led by JLL, NLY and AMH.
 JLLJones Lang LaSalle Incorporated COM | 1.14% | 0.96% | 0.96% |
|---|---|---|---|
 NLYAnnaly Capital Management, Inc. COM NEW | 1.21% | 0.94% | 0.94% |
 AMHAmerican Homes 4 Rent, Class A | 0.72% | 0.62% | 0.62% |
 REXRRexford Industrial Realty Inc. COM | 0.60% | 0.46% | 0.46% |
 WPCW. P. Carey Inc COM | 1.19% | 0.43% | 0.43% |
 HRHealthcare Realty Trust Incorporated Class A | 0.47% | 0.40% | 0.40% |
 GLPIGaming and Leisure Properties Inc COM | 1.00% | 0.39% | 0.39% |
 OHIOmega Healthcare Investors, Inc. COM | 1.03% | 0.38% | 0.38% |
 ELSEquity Lifestyle Properties Inc COM | 0.96% | 0.35% | 0.35% |
 VNOVornado Realty Trust SH BEN INT | 0.33% | 0.35% | 0.33% |
 LAMRLamar Advertising Company Class A | 0.88% | 0.32% | 0.32% |
 STWDStarwood Property Trust, Inc. COM | 0.48% | 0.32% | 0.32% |
 CUBECubeSmart (Maryland) COM | 0.67% | 0.30% | 0.30% |
 NNNNNN REIT Inc COM | 0.64% | 0.29% | 0.29% |
 ADCAgree Realty Corporation | 0.72% | 0.29% | 0.29% |
 BRXBrixmor Property Group Inc COM | 0.70% | 0.28% | 0.28% |
 CUZCousins Properties Inc. COM NEW | 0.30% | 0.28% | 0.28% |
 EGPEastgroup Properties, Inc. COM | 0.78% | 0.23% | 0.23% |
 KRCKilroy Realty Corporation COM | 0.24% | 0.23% | 0.23% |
 STAGSTAG Industrial, Inc. COM | 0.55% | 0.16% | 0.16% |
Frequently Asked Questions
How much do IYR and MDYV overlap?
IYR and MDYV overlap by 7.9% of portfolio weight. They share 20 holdings (IYR holds 61 positions and MDYV holds 297), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYR and MDYV?
The two portfolios are 7.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IYR and MDYV?
The largest positions held by both funds are JLL, NLY, AMH, REXR and WPC. Together the top 10 shared positions account for 66% of the total overlap.
What does IYR own that MDYV doesn't?
41 positions (84.9% of IYR) are unique to IYR, led by WELL, PLD and EQIX. In the other direction, 277 positions (91.9% of MDYV) are unique to MDYV.