Key Highlights

  • The fund holds 58 U.S. real estate companies, including REITs across several property types.
  • Welltower and Prologis are the largest holdings, at about 10.2% and 8.6% of market value.
  • Net asset value is $103.16, after a one-day gain of $1.53, or 1.51%.
  • The expense ratio is 0.37%, and distributions are paid quarterly.

Real estate has become a distinct sector for income-oriented investors, and the iShares U.S. Real Estate ETF (NYSEARCA:IYR) provides exposure to American property companies in one holding. Figures in this article are current to November 9, 2026. The fund seeks to track an index of U.S. real estate equities, offering access to real estate Investment trusts and related companies across the country. Shares trade on NYSE Arca, and the fund has been listed since June 2000.

Fund Fact

Detail

Exchange and ticker

NYSE Arca: IYR

Fund inception

June 12, 2000

Net assets

$4.01 billion

Net asset value

$103.16

Daily NAV change

+$1.53 (+1.51%)

Expense ratio

0.37%

30-day SEC yield

3.05%

Distribution frequency

Quarterly

Number of holdings

58

Property Types Within the Portfolio

Healthcare and senior living, industrial logistics and data infrastructure are represented among the largest positions. Welltower holds about 10.2% of market value, Prologis 8.6% and Simon Property Group 4.9%. Equinix and Digital Realty add Data Center exposure, while American Tower brings wireless infrastructure.

Self-storage, net-lease retail and residential properties complete the mix. Public Storage and Realty Income appear among the top ten, illustrating how the fund spans different leasing models.

Trading and Price Behavior

The net asset value rose $1.53 in the latest session, a gain of 1.51%. Shares outstanding total about 38.9 million, and average Volume of roughly 6 million shares a day points to deep trading liquidity. The median bid-ask spread of 0.01% reflects very low trading costs.

Shares traded at a premium of 0.02 to NAV in recent figures, indicating little divergence between Market Price and underlying value.

Costs, Income and Interest Rate Sensitivity

The expense ratio is 0.37%, based on a management fee of the same amount. Distributions are paid quarterly, and the 30-day SEC Yield of 3.05% reflects a notable income component.

REITs are sensitive to interest rates, economic conditions and access to credit. Rising borrowing costs can weigh on property prices and financing, which in turn can affect the income that real estate companies are able to distribute.

Final Word

The iShares U.S. Real Estate ETF offers a broad, sector-wide approach to American property through REIT exposure across healthcare, logistics, data infrastructure and retail. Its quarterly income, deep trading and modest fee outline a practical profile for investors seeking real estate in a portfolio. How it fits depends on interest rate outlooks and the role property plays in an overall allocation.