REZ

iShares Residential Real Estate ETF
B

70
*Unless otherwise stated, data provided by FactSet.

REZ Fund Description

REZ tracks a market cap-weighted index of US residential, health care and self-storage REITs.

REZ Factset Analytics Insight

REZ is ostensibly a residential real estate ETF, but in reality the fund is a grab bag of REITs, many of which fall outside residential real estate. As an example, many top holdings are not residential REITs at all. Public Storage Inc.—a self-storage firm—makes up roughly a tenth of the fund by itself, and several health and senior care REITs also land near the top of the list. All told, the fund devotes about half of its weight to specialized REITs, which may not be the pure residential real estate exposure promised on the label. REZ could best be thought of as an ex-commercial REIT play. In terms of Tradability, the picture is clearer: REZ is a decently liquid fund, with fairly consistent trading activity across small spreads. Underlying liquidity is strong, so larger investors should find good execution with the help of a market maker. It's also a strikingly Efficient fund, with tight tracking that routinely beats its reasonable expense ratio. If you don't go in expecting a pure residential REIT fund, REZ has a lot to recommend it.

REZ MSCI ESG Analytics Insight

iShares Residential Real Estate ETF has an MSCI ESG Fund Rating of B based on a score of 2.85 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Residential Real Estate ETF ranks in the 7th percentile within its peer group and in the 17th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

REZ MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

REZ Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 09/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
REZ 1.77% 6.55% 29.19% 26.49% 11.67% 12.79% 14.62%
REZ (NAV) 1.39% 6.66% 28.48% 26.81% 11.49% 12.97% 14.52%
FTSE Nareit All Residential Capped Index 1.43% 6.81% 28.87% 27.31% 11.91% 13.37% 14.52%
Thomson Reuters US Residential & Commercial REITs -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

REZ Summary Data

Blackrock
iShares
05/01/07
Open-Ended Fund
0.48%
$563.32M
$3.82M
0.11%

REZ Portfolio Data

$19.43B
38.88
2.65
2.71%
09/24/19
45

REZ Index Data

FTSE Nareit All Residential Capped Index
Market Cap
Market Cap
Thomson Reuters US Residential & Commercial REITs

REZ Portfolio Management

0.48%
-0.49%
-0.42%
-0.60%

REZ Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

REZ Fund Structure

Open-Ended Fund
No
Yes
72% / 29%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

REZ Factset Analytics Block Liquidity

As of 09/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of REZ. REZ is rated a 5 out of 5.

REZ Tradability

49,408
$3.82M
38,126
$2.94M
0.11%
$0.08
0.02%
0.21% / -0.25%
None
100.00%
50,000
0.76
0.01%
0.21%
124
$79.02
5

REZ Sector/Industry Breakdown


REZ
Segment Benchmark
50.12%
45.66%
49.29%
14.29%
0.58%
0.75%

REZ Top 10 Holdings[View All]

HCP, Inc. 4.64%
UDR, Inc. 3.90%
61.57%

REZ Countries


REZ
Segment Benchmark
100.00%
100.00%

REZ Regions


REZ
Segment Benchmark
100.00%
100.00%

REZ Economic Development


REZ
Segment Benchmark
100.00%
100.00%

REZ Performance Statistics

0.90
1.04
1.00
1.07
0.34%
Thomson Reuters US Residential & Commercial REITs

REZ MSCI ESG Ratings

B
2.85 / 10
16.56
6.80
--
8.74%
93.54

REZ Benchmark Comparison Holdings

45
183
37
29.04%

REZ Benchmark Comparison Summary


REZ
Segment Benchmark
45
183
$19.43B
$26.90B
38.88
47.69
2.65
2.50
3.59%
4.07%
High
Medium

REZ Benchmark Comparison Market Cap Size


REZ
Segment Benchmark
65.37%
58.16%
29.91%
32.80%
4.13%
8.50%
0.59%
0.53%