Highlights

  • REZ targets US residential healthcare and self storage real estate equities.
  • The published expense ratio is 0.48%.
  • The fund's distribution frequency is quarterly.

iShares Residential and Multisector Real Estate ETF (NYSE Arca:REZ) seeks exposure to US residential healthcare and self storage real estate equities. With net asset value of USD 92.47 per share as of 2 November 2026, the fund reported net Assets of USD 818,361,028 as of 2 November 2026. Its Investment approach centres on tracking the FTSE Nareit All Residential Capped Index.

Selected Property Categories Set the Boundaries

The portfolio's selected property categories create a more specific real estate allocation. Housing demand, healthcare use and storage requirements can each influence occupancy and rental income in different ways. Their presence in the same fund does not imply equal weighting. The actual distribution of assets across these businesses is necessary to understand which property Economics carry the greatest influence.

Portfolio Composition and Exposure

REZ reported 36 holdings as of 2 November 2026. This count describes the portfolio at that date and can change as securities enter or leave the fund. It does not indicate that each position carries the same weight.

The published exposure breakdown as of 2 November 2026 included Health Care REITs at 48.61% and Multi-Family Residential REITs at 21.32%. These allocations show where a meaningful part of the portfolio's exposure was concentrated. The percentages can change with market values and portfolio adjustments.

Fees and Distribution Policy

REZ lists an expense ratio of 0.48%. This is an ongoing fund cost, rather than a charge covering every expense of buying or selling shares. Brokerage charges and the difference between buying and selling prices can add to an investor's transaction costs. Fund shares trade on NYSE Arca at market prices, which may differ from net asset value.

The stated distribution frequency is quarterly. That schedule describes the timing framework for payments and does not establish a fixed amount. Distributions depend on the fund's available income and applicable distribution decisions. A cash payment also needs to be considered alongside changes in the value of the investment.

Key Insights

Changes in occupancy, operating expenses and borrowing costs can pressure these real estate businesses. A narrow group of property categories can also amplify the effect of subsector specific developments. REZ's property focus extends beyond housing, with healthcare and self storage exposures materially shaping how the portfolio responds to real estate conditions.