Both ETFs share the same top holding, and the top three countries allocated, but DRW has 192 components, while the largest five holdings make up 28.8% of the fund. PRY has 146 components, with the five largest holdings making up 23.9% of the ETF.
Australia, Hong Kong and Japan make up the top countries represented in each fund, with different percentages given to each country, depending on the fund.
Year-to-date, PRY is down 13.5% while DRW is down 14.2%. Interestingly, some of the domestic real estate ETFs have been doing better year-to-date, although they’re down, too.
When the global real estate market rights itself, other ETFs that can take you abroad are: