USRT vs RWR: Holdings Overlap
USRTiShares Core U.S. REIT ETF
iShares · 127 holdings · $4.7B · 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 (USRT: 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 USRT and RWR?
iShares Core U.S. REIT ETF (USRT, by iShares) holds 127 positions; State Street® SPDR® Dow Jones® REIT ETF (RWR, by State Street (SPDR)) holds 97. They have 95 holdings in common, and by portfolio weight the two funds are 86.5% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 86.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 95USRT holds 127 · RWR holds 97
- Weight in Shared Holdings
- USRT 89%·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 USRT
32 of 127 positions (11.2% of the fund) are not held by RWR. Showing the top 30 by weight.
Sector Breakdown
| Sector | USRT | 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 |
|---|---|---|---|---|---|---|---|
| USRT | -0.4% | +19.4% | +22.9% | +12.1% | +5.0% | +6.0% | 2.53% |
| 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 USRT vs RWR →
Shared Holdings(95)
The top 10 shared positions account for 53% of the overlap, led by WELL, PLD and DLR.
 WELLWelltower Inc. COM | 8.31% | 10.87% | 8.31% |
|---|---|---|---|
 PLDPrologis Inc. COM | 7.52% | 9.45% | 7.52% |
 DLRDigital Realty Trust Inc. COM | 4.46% | 4.91% | 4.46% |
 EQIXEquinix, Inc. COM | 6.44% | 4.44% | 4.44% |
 SPGSimon Property Group Inc COM | 4.40% | 4.57% | 4.40% |
 ORealty Income Corporation COM | 4.18% | 4.40% | 4.18% |
 PSAPublic Storage COM | 3.96% | 4.70% | 3.96% |
 VTRVentas Inc. COM | 3.55% | 4.17% | 3.55% |
 EXRExtra Space Storage Inc. COM | 2.60% | 2.93% | 2.60% |
 AVBAvalonBay Communities, Inc. COM | 2.24% | 2.41% | 2.24% |
 EQREquity Residential SH BEN INT | 2.13% | 2.11% | 2.11% |
 INVHInvitation Homes Inc. COM | 1.52% | 1.54% | 1.52% |
 ESSEssex Property Trust, Inc. COM | 1.45% | 1.70% | 1.45% |
 WPCW. P. Carey Inc COM | 1.36% | 1.49% | 1.36% |
 KIMKimco Realty Corporation COM | 1.36% | 1.53% | 1.36% |
 MAAMid-America Apartment Communities, Inc. COM | 1.30% | 1.44% | 1.30% |
 SUISun Communities, Inc. COM | 1.35% | 1.29% | 1.29% |
 HSTHost Hotels & Resorts Inc COM | 1.25% | 1.38% | 1.25% |
 OHIOmega Healthcare Investors, Inc. COM | 1.19% | 1.35% | 1.19% |
 REGRegency Centers Corp. COM | 1.21% | 1.18% | 1.18% |
 ELSEquity Lifestyle Properties Inc COM | 1.05% | 1.16% | 1.05% |
 UDRUDR Inc COM | 1.03% | 1.05% | 1.03% |
 DOCHealthpeak Properties Inc COM | 0.97% | 1.35% | 0.97% |
 CPTCamden Property Trust SH BEN INT | 0.96% | 1.03% | 0.96% |
 AMHAmerican Homes 4 Rent, Class A | 0.94% | 1.02% | 0.94% |
Frequently Asked Questions
How much do USRT and RWR overlap?
USRT and RWR overlap by 86.5% of portfolio weight. They share 95 holdings (USRT holds 127 positions and RWR holds 97), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USRT and RWR?
The two portfolios are 86.5% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of USRT and RWR?
The largest positions held by both funds are WELL, PLD, DLR, EQIX and SPG. Together the top 10 shared positions account for 53% of the total overlap.
What does USRT own that RWR doesn't?
32 positions (11.2% of USRT) are unique to USRT, led by IRM, VICI and GLPI. In the other direction, 2 positions (0.1% of RWR) are unique to RWR.