IYR vs RWR: Holdings Overlap
IYRiShares U.S. Real Estate ETF
iShares · 61 holdings · $4.5B · as of 2026-03-31
RWRState Street® SPDR® Dow Jones® REIT ETF
State Street (SPDR) · 97 holdings · $1.9B · as of 2026-08-06
Holdings snapshots are 128 days apart (IYR: 2026-03-31, RWR: 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 RWR?
iShares U.S. Real Estate ETF (IYR, by iShares) holds 61 positions; State Street® SPDR® Dow Jones® REIT ETF (RWR, by State Street (SPDR)) holds 97. They have 41 holdings in common, and by portfolio weight the two funds are 72.3% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 72.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 41IYR holds 61 · RWR holds 97
- Weight in Shared Holdings
- IYR 73%·RWR 85%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
20 of 61 positions (26.9% of the fund) are not held by RWR.
Only in RWR
56 of 97 positions (14.2% of the fund) are not held by IYR. Showing the top 30 by weight.
Sector Breakdown
| Sector | IYR | RWR |
|---|---|---|
| Real Estate | 95.9% | 99.0% |
| Financials | 3.0% | 0.0% |
| Communication Services | 0.6% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
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% |
| RWR | -0.8% | +18.6% | +23.5% | +11.8% | +4.3% | +4.9% | 3.29% |
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 RWR →
Shared Holdings(41)
The top 10 shared positions account for 66% of the overlap, led by WELL, PLD and DLR.
 WELLWelltower Inc. COM | 9.96% | 10.87% | 9.96% |
|---|---|---|---|
 PLDPrologis Inc. COM | 9.18% | 9.45% | 9.18% |
 DLRDigital Realty Trust Inc. COM | 4.63% | 4.91% | 4.63% |
 SPGSimon Property Group Inc COM | 4.58% | 4.57% | 4.57% |
 EQIXEquinix, Inc. COM | 4.69% | 4.44% | 4.44% |
 ORealty Income Corporation COM | 4.40% | 4.40% | 4.40% |
 PSAPublic Storage COM | 3.41% | 4.70% | 3.41% |
 VTRVentas Inc. COM | 3.09% | 4.17% | 3.09% |
 EXRExtra Space Storage Inc. COM | 2.21% | 2.93% | 2.21% |
 AVBAvalonBay Communities, Inc. COM | 1.84% | 2.41% | 1.84% |
 EQREquity Residential SH BEN INT | 1.62% | 2.11% | 1.62% |
 ESSEssex Property Trust, Inc. COM | 1.24% | 1.70% | 1.24% |
 KIMKimco Realty Corporation COM | 1.21% | 1.53% | 1.21% |
 WPCW. P. Carey Inc COM | 1.19% | 1.49% | 1.19% |
 SUISun Communities, Inc. COM | 1.17% | 1.29% | 1.17% |
 MAAMid-America Apartment Communities, Inc. COM | 1.14% | 1.44% | 1.14% |
 INVHInvitation Homes Inc. COM | 1.12% | 1.54% | 1.12% |
 OHIOmega Healthcare Investors, Inc. COM | 1.03% | 1.35% | 1.03% |
 REGRegency Centers Corp. COM | 0.99% | 1.18% | 0.99% |
 HSTHost Hotels & Resorts Inc COM | 0.98% | 1.38% | 0.98% |
 ELSEquity Lifestyle Properties Inc COM | 0.96% | 1.16% | 0.96% |
 DOCHealthpeak Properties Inc COM | 0.91% | 1.35% | 0.91% |
 UDRUDR Inc COM | 0.81% | 1.05% | 0.81% |
 CPTCamden Property Trust SH BEN INT | 0.80% | 1.03% | 0.80% |
 EGPEastgroup Properties, Inc. COM | 0.78% | 1.00% | 0.78% |
Frequently Asked Questions
How much do IYR and RWR overlap?
IYR and RWR overlap by 72.3% of portfolio weight. They share 41 holdings (IYR holds 61 positions and RWR holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYR and RWR?
The two portfolios are 72.3% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of IYR and RWR?
The largest positions held by both funds are WELL, PLD, DLR, SPG and EQIX. Together the top 10 shared positions account for 66% of the total overlap.
What does IYR own that RWR doesn't?
20 positions (26.9% of IYR) are unique to IYR, led by AMT, CBRE and CCI. In the other direction, 56 positions (14.2% of RWR) are unique to RWR.