The iShares Cohen & Steers Realty Majors Index Fund (NYSEArca: ICF) tries to reflect the performance of the Cohen & Steers Realty Majors Index, which consists of the largest and most traded REITs diversified across different property sectors. ICF has a 2.86% 30-day SEC yield and a 0.35% expense ratio.
The fund has 31 holdings and the top ten make up 61.6% of the overall portfolio. Top components include Simon Property 7.8%, HCP 7.4%, Ventas 7.3%, Public Storage 7.1% and Prologis 6.0%.
The ETF has roughly equivalent weightings in office, residential, healthcare and retail REITs.
The SPDR Dow Jones REIT ETF tries to reflect the performance of the Doe Jones U.S. Select REIT Index, which follows companies that operate commercial REITs and excludes mortgage REITs. RWR has a 2.7% dividend yield and a 0.25% expense ratio.
The fund has 85 holdings and the top ten make up 48.8% of the overall portfolio. Top holdings include Simon Property 11.8%, HCP 5.1%, Ventas 4.95%, Public Storage 4.9% and Prologis 4.1%.
Sub-sector allocations include regional malls 18.5%, healthcare 16.3%, apartments 15.0%, office 11.2%, strip centers 7.7%, industrials 7.7%, self-storage 6.7%, hotels 5.9%, diversified 4.2%, mixed industrial/office 4.1%, manufactured homes 1.0% and factory outlets 0.8%.
The Schwab U.S. REIT ETF (NYSEArca: SCHH) tries to reflect the performance of the Dow Jones U.S. Select REIT Index. SCHH has a 2.31% distribution yield and a 0.07% expense ratio.
The fund has 86 holdings and the top ten make up 49.0% of the overall portfolio. Top holdings include Simon Property 11.8%, HSCP 5.1%, Ventas 5.0%, Public Storage 4.9% and Prologis 4.1%.
Sub-sector allocations include specialized REITs 28.9%, retail REITs 26.9%, Residential REITs 17.5%, Office REITs 14.9%, Diversified REITs 6.5% and industrial REITs 5.3%.
The First Trust S&P REIT Index Fund (NYSEArca: FRI) tries to reflect the performance of the S&P United States REIT Index, which tracks a cap-weighted basket of REITs, excluding large mortgage REITs. FRI has a 2.31% 12-month yield and a 0.50% expense ratio.
The ETF has 129 holdings and the top ten make up 42.9% of the overall portfolio. The top holdings include Simon Property 10.4%, HCP 4.5%, Ventas 4.4%, Public Storage 4.3% and Prologis 3.6%.
Sub-sector allocations include diversified REITs 8.2%, industrial REITs 4.0%, office REITs 13.7%, residential REITs 15.6%, retail REITs 27.0% and specialized REITs 30.4%.
For more information on real estate investment trusts, visit our REITs category.
Max Chen contributed to this article.