Data as of Oct 28, 2026.
IYR vs USRT: Differences, Returns & Fees
Over the year to Oct 28, 2026, IYR returned +3.4% to USRT's +10.0%; 78% of their weight is in the same names.
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Net assets: $3.9bn on Oct 28, 2026 for iShares U.S. Real Estate ETF, and $4.2bn on Oct 27, 2026 for iShares Core U.S. REIT ETF.
Pair scorecard
USRT costs 0.29 points a year less; their one-year returns differ by 6.6 points; USRT is 1.1 times larger.
| Measure | IYR | USRT |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.4% | +10.0% |
| Drawdown | ||
| Below its high | 8.6%, high on Jul 28, 2026 | 9.9%, high on Jul 24, 2026 |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Real Estate Capped Index | FTSE Nareit Equity REITs 40 Act Capped Index |
| Cost and size | ||
| Expense ratio | 0.37% | 0.08% |
| Net assets, as of Oct 26, 2026 | $4.0bn | $4.3bn |
| Holdings | ||
| Holdings in common | 78% | |
| Top ten holdings, share of the fund | 52.5% | 50.1% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
May 11, 2007 to Oct 23, 2026 · 1,015 weekly returnsUSRT returned more: +165.0% to +128.9%. IYR swung slightly less: 25.2% to 26.3%. USRT fell slightly less at its worst: −69.9% to −71.8%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IYR | USRT | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +128.9% | +165.0% | USRT | Price change plus distributions, reinvested. |
| Annualized | +4.3% | +5.1% | USRT | Total return as a yearly rate. |
| Price return | +14.1% | +26.4% | USRT | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 25.2% | 26.3% | IYR (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 17.6% | 18.2% | IYR (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −71.8% | −69.9% | USRT (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.23 | 0.26 | USRT | Return above Treasury bills per unit of volatility. |
| Sortino | 0.33 | 0.38 | USRT | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.06 | 0.07 | USRT | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,015 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IYR and USRT hold 78% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
78% in common
Only in one fund ↓
Side by side
IYR and USRT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IYR and USRT are built for the same job. How do they differ in cost, holdings and results?
- What each follows. IYR follows Dow Jones U.S. Real Estate Capped Index and USRT follows FTSE Nareit Equity REITs 40 Act Capped Index.
- One-year total return. Over 1 year to Oct 28, 2026 IYR returned +3.4% and USRT +10.0% with distributions reinvested, a gap of 6.6 points.
- Cost. IYR charges 0.37% of assets a year and USRT 0.08%, a gap of 0.29 points.
Data as of Oct 28, 2026.
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IYR
IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 on Oct 28, 2026.
USRT
USRT tracks an index. Over the year to Oct 28, 2026 it returned +10.0% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 69% of the fund by weight is stocks the S&P 500 also holds, across 124 positions, with the top ten at 50.1%. It sat 9.9% below its high of Jul 24, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, IYR or USRT?
- In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and USRT +10.0%.
- Which is cheaper, IYR or USRT?
- USRT is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, IYR against USRT, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyr-vs-usrt
ETFIQ. (Oct 28, 2026). IYR against USRT. Retrieved from https://etfiq.com/compare/any/iyr-vs-usrt
[IYR against USRT (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iyr-vs-usrt)
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