REET vs RWR: Holdings Overlap
iShares · 347 holdings · $5.1B · as of 2026-04-30
RWRState Street® SPDR® Dow Jones® REIT ETF
State Street (SPDR) · 97 holdings · $1.9B · as of 2026-08-06
Holdings snapshots are 98 days apart (REET: 2026-04-30, 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 REET and RWR?
iShares Global REIT ETF (REET, by iShares) holds 347 positions; State Street® SPDR® Dow Jones® REIT ETF (RWR, by State Street (SPDR)) holds 97. They have 85 holdings in common, and by portfolio weight the two funds are 65.1% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 65.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 85REET holds 347 · RWR holds 97
- Weight in Shared Holdings
- REET 67%·RWR 99%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 REET
262 of 347 positions (33.0% of the fund) are not held by RWR. Showing the top 30 by weight.
Only in RWR
12 of 97 positions (0.6% of the fund) are not held by REET.
Sector Breakdown
| Sector | REET | RWR |
|---|---|---|
| Real Estate | 99.6% | 99.0% |
| 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 |
|---|---|---|---|---|---|---|---|
| REET | +0.4% | +14.5% | +17.8% | +10.2% | +2.7% | +4.0% | 3.29% |
| 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 REET vs RWR →
Shared Holdings(85)
The top 10 shared positions account for 60% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 8.32% | 10.87% | 8.32% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.33% | 9.45% | 7.33% |
 EQIXEquinix, Inc. COM | 5.89% | 4.44% | 4.44% |
 DLRDigital Realty Trust Inc. COM | 3.85% | 4.91% | 3.85% |
 SPGSimon Property Group Inc COM | 3.67% | 4.57% | 3.67% |
 ORealty Income Corporation COM | 3.27% | 4.40% | 3.27% |
 PSAPublic Storage COM | 2.66% | 4.70% | 2.66% |
 VTRVentas Inc. COM | 2.29% | 4.17% | 2.29% |
 EXRExtra Space Storage Inc. COM | 1.68% | 2.93% | 1.68% |
 AVBAvalonBay Communities, Inc. COM | 1.45% | 2.41% | 1.45% |
 EQREquity Residential SH BEN INT | 1.38% | 2.11% | 1.38% |
 INVHInvitation Homes Inc. COM | 0.98% | 1.54% | 0.98% |
 ESSEssex Property Trust, Inc. COM | 0.93% | 1.70% | 0.93% |
 WPCW. P. Carey Inc COM | 0.88% | 1.49% | 0.88% |
 KIMKimco Realty Corporation COM | 0.88% | 1.53% | 0.88% |
 SUISun Communities, Inc. COM | 0.87% | 1.29% | 0.87% |
 MAAMid-America Apartment Communities, Inc. COM | 0.84% | 1.44% | 0.84% |
 HSTHost Hotels & Resorts Inc COM | 0.81% | 1.38% | 0.81% |
 REGRegency Centers Corp. COM | 0.78% | 1.18% | 0.78% |
 OHIOmega Healthcare Investors, Inc. COM | 0.77% | 1.35% | 0.77% |
 ELSEquity Lifestyle Properties Inc COM | 0.68% | 1.16% | 0.68% |
 UDRUDR Inc COM | 0.67% | 1.05% | 0.67% |
 DOCHealthpeak Properties Inc COM | 0.62% | 1.35% | 0.62% |
 CPTCamden Property Trust SH BEN INT | 0.62% | 1.03% | 0.62% |
 AMHAmerican Homes 4 Rent, Class A | 0.60% | 1.02% | 0.60% |
Frequently Asked Questions
How much do REET and RWR overlap?
REET and RWR overlap by 65.1% of portfolio weight. They share 85 holdings (REET holds 347 positions and RWR holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both REET and RWR?
The two portfolios are 65.1% 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 REET and RWR?
The largest positions held by both funds are WELL, PLD, EQIX, DLR and SPG. Together the top 10 shared positions account for 60% of the total overlap.
What does REET own that RWR doesn't?
262 positions (33.0% of REET) are unique to REET, led by GMG, IRM and VICI. In the other direction, 12 positions (0.6% of RWR) are unique to RWR.