Key Highlights

  • The fund holds 36 residential, healthcare and self-storage real estate companies.
  • Welltower accounts for about 22.9% of market value.
  • Net asset value is $95.64, after a one-day gain of $0.77, or 0.81%.
  • The expense ratio is 0.48%, and distributions are paid quarterly.

Real estate investors often look beyond office and retail property, and the iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) offers exposure to residential, healthcare and self-storage real estate through one holding. Figures in this article are current to November 9, 2026. The fund seeks to track an index of U.S. residential, healthcare and self-storage real estate equities, providing a targeted view of several real estate subsectors. Shares trade on NYSE Arca and have been listed since May 2007.

Fund Fact

Detail

Exchange and ticker

NYSE Arca: REZ

Fund inception

May 1, 2007

Net assets

$846.4 million

Net asset value

$95.64

Daily NAV change

+$0.77 (+0.81%)

Expense ratio

0.48%

30-day SEC yield

2.50%

Distribution frequency

Quarterly

Number of holdings

36

Healthcare and Residential Holdings

Healthcare real estate is a major component of the portfolio. Welltower accounts for about 22.9% of market value, Ventas about 6.8% and Healthpeak about 3.4%. Omega Healthcare Investors adds a further 3.5%.

Residential REITs include Invitation Homes and Essex Property Trust, while self-storage operators Public Storage and Extra Space Storage together account for roughly 13.5% of the portfolio.

Trading and Price Movement

The net asset value rose $0.77 in the latest session, a gain of 0.81%. Shares outstanding total about 8.85 million, and the 30-day average Volume of about 123,000 shares indicates steady trading. The 30-day median bid-ask spread of 0.06% reflects low trading costs.

The premium or discount to NAV was -0.02 in recent figures, so shares traded very close to the value of underlying holdings.

Costs, Income and Sector Concentration

The expense ratio is 0.48%, consisting of a management fee of the same amount. Quarterly distributions are paid, and the 30-day SEC Yield of 2.50% reflects a moderate income profile.

REITs are sensitive to interest rates, economic conditions and Credit access. Concentration in one large healthcare REIT means that its performance can have a considerable effect on the fund's results.

Final Word

The iShares Residential and Multisector Real Estate ETF offers a targeted view of housing, healthcare and self-storage real estate. Its concentration in a few large REITs, quarterly income and moderate fee define its profile. Investors will weigh these property subsectors against their wider real estate and income goals.