iShares Residential and Multisector Real Estate ETF
REZ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- May 4, 2007
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that seeks to track the investment results of the FTSE Nareit All Residential Capped Index, which measures the performance of U.S. residential, healthcare, and self-storage real estate equity securities. The ETF provides investors with exposure to real estate investment trusts (REITs) and real estate operating companies (REOC) in these sectors, including residential apartments, manufactured homes, healthcare facilities, and self-storage properties; top holdings as of late 2025 include Welltower Inc. (healthcare REIT, approximately 20%), Public Storage (self-storage REIT, around 9%), Extra Space Storage, Ventas Inc., and AvalonBay Communities. Launched on May 1, 2007, and issued by BlackRock, Inc., the fund is domiciled in the United States, trades on NYSE Arca under the ticker REZ, and maintains net assets of approximately $795-803 million with an expense ratio of 0.48%. It primarily targets institutional and retail investors seeking sector-specific real estate exposure, with geographic operations focused exclusively on U.S. equities. In terms of portfolio composition, REZ holds around 40-44 securities, weighted by modified market capitalization with individual constituent caps to mitigate concentration risk, delivering quarterly distributions and a 12-month trailing yield of about 2.3-2.6% as of late 2025. The fund is managed by a team at BlackRock including Jennifer Hsui (since 2012) and newer portfolio managers Peter Sietsema, Matt Waldron, and Steven White (since April 2025). No subsidiaries or parent company relationships beyond BlackRock's iShares brand apply, as REZ operates as a standalone open-ended investment company. Recent developments include portfolio manager additions in April 2025, reflecting BlackRock's ongoing team enhancements amid evolving real estate market dynamics; the FTSE Nareit All Residential Capped Index continues standard quarterly rebalancing without reported structural changes. No major acquisitions, partnerships, funding rounds, product launches, or strategic shifts specific to REZ have occurred in the last 1-2 years, with the fund maintaining its core tracking strategy and focus on U.S. specialized REITs. Assets under management have remained stable around $800 million through 2025, supported by consistent performance in residential and healthcare real estate sectors.