USRT vs IYR: Holdings Overlap
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · as of 2026-04-30
IYRiShares U.S. Real Estate ETF
iShares · 61 holdings · $4.5B · as of 2026-03-31
Holdings snapshots are 30 days apart (USRT: 2026-04-30, IYR: 2026-03-31). 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 USRT and IYR?
iShares Core U.S. REIT ETF (USRT, by iShares) holds 127 positions; iShares U.S. Real Estate ETF (IYR, by iShares) holds 61. They have 48 holdings in common, and by portfolio weight the two funds are 76.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 76.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48USRT holds 127 · IYR holds 61
- Weight in Shared Holdings
- USRT 86%·IYR 80%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 USRT
79 of 127 positions (13.8% of the fund) are not held by IYR. Showing the top 30 by weight.
Sector Breakdown
| Sector | USRT | IYR |
|---|---|---|
| Real Estate | 99.6% | 95.9% |
| Financials | 0.0% | 3.0% |
| Communication Services | 0.0% | 0.6% |
| 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 |
|---|---|---|---|---|---|---|---|
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
| IYR | +0.2% | +12.4% | +12.0% | +9.2% | +2.1% | +5.3% | 2.16% |
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 USRT vs IYR →
Shared Holdings(48)
The top 10 shared positions account for 59% of the overlap, led by WELL, PLD and EQIX.
 WELLWelltower Inc. COM | 8.31% | 9.96% | 8.31% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.52% | 9.18% | 7.52% |
 EQIXEquinix, Inc. COM | 6.44% | 4.69% | 4.69% |
 DLRDigital Realty Trust Inc. COM | 4.46% | 4.63% | 4.46% |
 SPGSimon Property Group Inc COM | 4.40% | 4.58% | 4.40% |
 ORealty Income Corporation COM | 4.18% | 4.40% | 4.18% |
 PSAPublic Storage COM | 3.96% | 3.41% | 3.41% |
 VTRVentas Inc. COM | 3.55% | 3.09% | 3.09% |
 IRMIron Mountain Inc. COM | 3.19% | 2.40% | 2.40% |
 VICIVICI Properties, Inc., Class A | 2.73% | 2.32% | 2.32% |
 EXRExtra Space Storage Inc. COM | 2.60% | 2.21% | 2.21% |
 AVBAvalonBay Communities, Inc. COM | 2.24% | 1.84% | 1.84% |
 EQREquity Residential SH BEN INT | 2.13% | 1.62% | 1.62% |
 ESSEssex Property Trust, Inc. COM | 1.45% | 1.24% | 1.24% |
 KIMKimco Realty Corporation COM | 1.36% | 1.21% | 1.21% |
 WPCW. P. Carey Inc COM | 1.36% | 1.19% | 1.19% |
 SUISun Communities, Inc. COM | 1.35% | 1.17% | 1.17% |
 MAAMid-America Apartment Communities, Inc. COM | 1.30% | 1.14% | 1.14% |
 INVHInvitation Homes Inc. COM | 1.52% | 1.12% | 1.12% |
 OHIOmega Healthcare Investors, Inc. COM | 1.19% | 1.03% | 1.03% |
 GLPIGaming and Leisure Properties Inc COM | 1.13% | 1.00% | 1.00% |
 REGRegency Centers Corp. COM | 1.21% | 0.99% | 0.99% |
 HSTHost Hotels & Resorts Inc COM | 1.25% | 0.98% | 0.98% |
 ELSEquity Lifestyle Properties Inc COM | 1.05% | 0.96% | 0.96% |
 DOCHealthpeak Properties Inc COM | 0.97% | 0.91% | 0.91% |
Frequently Asked Questions
How much do USRT and IYR overlap?
USRT and IYR overlap by 76.2% of portfolio weight. They share 48 holdings (USRT holds 127 positions and IYR holds 61), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USRT and IYR?
The two portfolios are 76.2% 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 USRT and IYR?
The largest positions held by both funds are WELL, PLD, EQIX, DLR and SPG. Together the top 10 shared positions account for 59% of the total overlap.
What does USRT own that IYR doesn't?
79 positions (13.8% of USRT) are unique to USRT, led by AHR, CTRE and TRNO. In the other direction, 13 positions (19.4% of IYR) are unique to IYR.