Data as of Oct 28, 2026.

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REET vs RWR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, REET returned +5.0% to RWR's +9.7%; 67% of their weight is in the same names.

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Net assets: $4.7bn on Oct 28, 2026 for iShares Global REIT ETF, and $1.8bn on Oct 27, 2026 for State Street SPDR Dow Jones REIT ETF.

At a glance
+5.0%
REET total return, 1 year
+9.7%
RWR total return, 1 year
0.14%
REET expense ratio
0.25%
RWR expense ratio

Pair scorecard

REET costs 0.11 points a year less; their one-year returns differ by 4.7 points; REET is 2.7 times larger.

REET vs RWR: Differences, Returns & Fees
MeasureREETRWR
Return
Total return, 1 year+5.0%+9.7%
Drawdown
Below its high9.4%, high on Jul 24, 202610.3%, high on Jul 24, 2026
Benchmark
What it tracksFTSE EPRA Nareit Global REITs IndexDow Jones U.S. Select REIT Capped Index
Cost and size
Expense ratio0.14%0.25%
Net assets, as of Oct 26, 2026$4.8bn$1.8bn
Holdings
Holdings in common67%
Top ten holdings, share of the fund42.9%54.0%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Jul 18, 2014 to Oct 23, 2026 · 640 weekly returns
REET RWR
Return
Total return edge RWR +63.5% +98.2%
Annualized edge RWR +4.1% +5.7%
Price return edge RWR +2.3% +26.6%
Risk
Volatility edge REET (slight) 20.1% 21.7%
Max drawdown edge RWR (slight) −43.2% −42.1%
Risk-adjusted
Sharpe edge RWR 0.20 0.27
Sortino edge RWR 0.28 0.39
Calmar edge RWR 0.09 0.14
Reading

RWR returned more: +98.2% to +63.5%. REET swung slightly less: 20.1% to 21.7%. RWR fell slightly less at its worst: −42.1% to −43.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: REET vs RWR: Differences, Returns & Fees
MeasureREETRWREdgeHow it is measured
Return
Total return+63.5%+98.2%RWRPrice change plus distributions, reinvested.
Annualized+4.1%+5.7%RWRTotal return as a yearly rate.
Price return+2.3%+26.6%RWRPrice change alone, distributions left out.
Risk
Volatility20.1%21.7%REET (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation14.3%15.2%REET (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−43.2%−42.1%RWR (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.200.27RWRReturn above Treasury bills per unit of volatility.
Sortino0.280.39RWRReturn above Treasury bills per unit of downside deviation.
Calmar0.090.14RWRAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 640 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

67%

By the books each fund has filed, REET and RWR hold 67% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

67% in common

Positions both hold · largest shared weight first REET RWR
WELLTOWER 9.38% 9.85%
PROLOGIS REIT 6.86% 9.56%
EQUINIX REIT 5.64% 4.42%
SIMON PROPERTY GROUP REIT INC 3.89% 4.79%
DIGITAL REALTY TRUST REIT 3.80% 4.37%
REALTY INCOME REIT 3.04% 4.36%
PUBLIC STORAGE REIT 3.01% 4.89%
VIVMARK RESIDENTIAL 2.73% 4.44%
VENTAS REIT 2.44% 4.29%
EXTRA SPACE STORAGE REIT 1.74% 3.07%
ESSEX PROPERTY TRUST REIT 1.01% 1.77%
HOST HOTELS & RESORTS REIT 0.98% 1.74%
Only in one fund ↓
Only in REET
GOODMAN GROUP UNITS 2.15%
IRON MOUNTAIN INC 1.95%
VICI PPTYS INC 1.47%
SEGRO REIT PLC 0.94%
LINK REAL ESTATE INVESTMENT TRUST 0.74%
SCENTRE GROUP 0.74%
UNIBAIL RODAMCO WE STAPLED UNITS 0.69%
CAPITALAND INTEGRATED COMMERCIAL T 0.64%
Only in RWR
CBL + ASSOCIATES PROPERTIES 0.10%
SERVICE PROPERTIES TRUST 0.08%
FERMI INC 0.07%
SUMMIT HOTEL PROPERTIES INC 0.07%
EMPIRE STATE REALTY TRUST A 0.07%
JBG SMITH PROPERTIES 0.07%
POSTAL REALTY TRUST INC A 0.06%
HUDSON PACIFIC PROPERTIES IN 0.06%
Check overlap with more funds →

Side by side

REET iShares Global REIT ETF RWR State Street SPDR Dow Jones REIT ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +5.0% +9.7%
Expense ratio 0.14% 0.25%
Already in the S&P 500 54.3% 68.9%
Holdings 328 98
Net assets, REET as of Oct 28, 2026 and RWR as of Oct 27, 2026 $4.7bn $1.8bn

REET and RWR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-1A17D95CE2

REET and RWR are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. REET follows FTSE EPRA Nareit Global REITs Index and RWR follows Dow Jones U.S. Select REIT Capped Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 REET returned +5.0% and RWR +9.7% with distributions reinvested, a gap of 4.7 points.
  3. Number of holdings. REET holds 328 positions and RWR holds 98.

Data as of Oct 28, 2026.

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About each fund
REET

REET tracks an index. Over the year to Oct 28, 2026 it returned +5.0% with distributions reinvested. The prospectus expense ratio is 0.14% a year. By its holdings published by its issuer for Oct 27, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 328 positions, with the top ten at 42.9%. It sat 9.4% below its high of Jul 24, 2026 on Oct 28, 2026.

RWR

RWR tracks an index. Over the year to Oct 28, 2026 it returned +9.7% with distributions reinvested. The prospectus expense ratio is 0.25% 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 98 positions, with the top ten at 54.0%. It sat 10.3% below its high of Jul 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, REET or RWR?
In the year to Oct 28, 2026, with distributions reinvested, REET returned +5.0% and RWR +9.7%.
Which is cheaper, REET or RWR?
REET is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do REET and RWR overlap with the S&P 500?
By their latest filed holdings, 54% of REET and 69% of RWR by weight is stocks the S&P 500 already holds.
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ETFIQ, REET against RWR, data as of Oct 28, 2026. https://etfiq.com/compare/any/reet-vs-rwr

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