Constituent dispersion · breadth vs the index

REET — Global REITs

96/325 covered · 73% by weight · benchmark: REET price · closes through 2026-09-17 ·holdings as of 2026-06-16

Concentration 36.33% in top 5 26.6 effective names · HHI 376
RS vs S&P 500 21d -4.36pp sector return − SPY
RS vs Nasdaq-100 21d -4.91pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -4.99% · A/D -226 (-2.35/name)
REET price
Cumulative advance / decline of constituents — rises when more names are up than down; turns before price at inflections

Divergence over time — price vs breadth, by horizon

The hero read is the 1-month picture; here the same price↔breadth divergence across 1 week / 1 month / 1 quarter, computed over the 126-session history. A/D /name is net advancers-minus-decliners per covered constituent; % beating Δ and median−ETF Δ show how participation shifted. Price rising while those fall = the move is narrowing under the surface.

HorizonPriceA/D /name% beating ΔMedian−ETF ΔRead
1 week -0.64% +0.34 +11pp +0.97pp Improving
1 month -4.99% -2.35 +25pp +2.29pp Confirming ↓
1 quarter -1.96% -2.06 -2pp -0.80pp Confirming ↓

Over the last 126 sessions: price up +2.87%, breadth up (+1.45/name) · % beating 42→58 · median−ETF -1.37pp→+0.64pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.49% +0.28% -0.22pp 60 / 29 43 / 53 70 of 96 ±1.07%
5d -0.64% +0.46% +1.11pp 57 / 38 62 / 33 24 of 95 ±2.7%
21d -4.99% -4.03% +0.96pp 16 / 78 57 / 38 20 of 95 ±4.38%
YTD +6.70% +6.47% -0.23pp 63 / 32 47 / 48 7 of 95 ±14.72%

Median − ETF below zero means the typical name is lagging the cap-weighted index — the move is top-heavy. "Beat" counts constituents outperforming the ETF over the window. Dispersion is the cross-sectional standard deviation of constituent returns — high = a stock-picker's tape, low = pure beta.

What drove the move — contribution = weight × return

Today (1d)

  • PLD+1.08%+0.08pp
  • DLR+1.76%+0.07pp
  • EQR+4.17%+0.06pp
  • EQIX+0.96%+0.06pp
  • PSA+2.06%+0.06pp
  • WELL-0.96%-0.08pp
  • VTR-0.57%-0.01pp
  • MAA-0.60%-0.01pp
  • REXR-1.06%0pp
  • GLPI-0.59%0pp

This month (21d)

  • ARE+22.91%+0.11pp
  • REXR+3.75%+0.02pp
  • OHI+2.00%+0.02pp
  • STAG+2.49%+0.01pp
  • AVB+0.37%+0.01pp
  • EQIX-5.00%-0.29pp
  • SPG-7.32%-0.27pp
  • PLD-3.46%-0.26pp
  • O-7.86%-0.25pp
  • DLR-5.63%-0.21pp

Each name's contribution = its index weight × its return — the percentage points it added to (green) or subtracted from (red) the ETF's move. Computed across covered names.

Leaders & laggards (21-day)

  • ARE+22.91%
  • CPINV.BR+3.95%
  • REXR+3.75%
  • STAG+2.49%
  • SHC+2.38%
  • MRL.MC-10.14%
  • IRM-10.00%
  • ICAD.PA-9.30%
  • GPE.LSE-9.14%
  • NNN-9.10%

REET — constituent leadership race

$100 in each covered REET constituent at 2025-12-30, rebased to 100. Watch leadership change hands.

0%

Each covered constituent started at $100 at the window open; the bars race by total return (top 12 shown). Decision-support, not investment advice.

Constituents — 96 covered · click a column to sort

Symbol Weight Last 1d 5d 21d YTD RS rank
WELL Welltower Inc 8.26% 232.26 -0.96% -1.46% -1.35% +25.58% 71
PLD Prologis Inc 7.46% 135.18 +1.08% +1.37% -3.46% +6.74% 54
EQIX Equinix Inc 5.86% 1025.94 +0.96% +0.21% -5.00% +35.30% 39
DLR Digital Realty Trust 3.72% 184.26 +1.76% +0.08% -5.63% +19.91% 34
SPG Simon Property Group 3.69% 204.47 +0.75% -0.10% -7.32% +11.73% 15
O Realty Income Corp 3.17% 57.32 +0.30% -3.78% -7.86% +3.91% 9
PSA Public Storage 2.68% 300.76 +2.06% +3.14% -6.91% +17.08% 22
VTR Ventas Inc 2.29% 87.71 -0.57% -3.02% -3.83% +14.08% 52
IRM Iron Mountain Inc 2.08% 114.00 +1.65% +1.76% -10.00% +38.55% 1
VICI Vici Properties Inc 1.72% 24.11 +0.17% -0.64% -6.95% -12.86% 21
EXR Extra Space Storage Inc 1.69% 139.03 +1.91% +3.09% -5.37% +8.00% 35
AVB Avalonbay Communities 1.46% 68.14 +2.02% +7.04% +0.37% +7.13% 85
EQR Equity Residential 1.39% 0.38 +4.17%
INVH Invitation Homes Inc 0.99% 27.15 -0.22% -1.49% -8.65% -1.11% 6
ESS Essex Property Trust 0.97% 270.80 -0.20% -0.21% -4.55% +5.64% 44
WPC W.P. Carey & Company Llc 0.90% 66.52 -0.11% -4.36% -6.36% +4.79% 27
KIM Kimco Realty Corp 0.89% 22.57 -0.09% -3.09% -6.81% +13.82% 24
SUI Sun Communities 0.86% 114.95 +0.05% +0.02% -4.34% -6.40% 47
HST Host Marriott Financial Trust 0.85% 21.90 +0.64% -1.08% -4.45% +24.84% 45
MAA Mid-America Apartment Communities 0.84% 121.17 -0.60% -2.66% -6.91% -10.70% 23
OHI Omega Healthcare Investors 0.79% 47.37 +0.98% +0.89% +2.00% +10.01% 92
REG Regency Centers Corp 0.79% 73.12 -0.19% -1.92% -4.03% +6.96% 49
URW.PA UNIBAIL RODAMCO WE STAPLED UNITS 0.77% 94.38 +0.21% +1.46% -8.06% +6.47% 8
DOC Healthpeak Properties 0.76% 20.50 +0.74% +1.15% +0.29% +31.27% 84
GLPI Gaming & Leisure 0.72% 40.11 -0.59% -0.12% -4.68% -8.78% 43
SGRO.LSE SEGRO REIT PLC 0.72% 942.40 +0.04% +1.05% -1.57% +35.06% 69
UDR United Dominion Realty Trust 0.69% 34.21 -0.55% -2.25% -7.76% -4.45% 12
ELS Equity Lifestyle Properties 0.67% 61.10 +0.36% +1.33% -5.26% +1.69% 38
CPT Camden Property Trust 0.62% 100.93 -0.37% -1.53% -5.92% -7.31% 29
AMH American Homes 4 Rent 0.61% 31.28 -0.32% +0.16% -7.10% -1.42% 18
EGP Eastgroup Properties 0.60% 201.63 +1.90% +2.51% -0.27% +14.15% 80
FRT Federal Realty Investment Trust 0.56% 111.76 -0.59% -2.68% -4.87% +13.34% 40
BXP Bxp Inc 0.53% 63.93 -0.17% +0.33% -3.41% -3.96% 56
BRX Brixmor Property Group Inc 0.52% 28.05 +0.25% -2.57% -5.30% +9.43% 37
CTRE Caretrust REIT Inc 0.51% 38.17 +0.50% -1.67% -2.88% +7.73% 59
CUBE Cubesmart 0.51% 40.19 +1.26% +2.84% -1.88% +14.81% 67
AHR American Healthcare REIT Inc 0.49% 53.15 +0.02% -1.68% -2.33% +14.09% 64
ADC Agree Realty Corp 0.48% 68.16 -0.50% -4.66% -7.82% -2.68% 11
NNN NNN REIT Inc 0.47% 41.66 +0.02% -4.99% -9.10% +8.14% 4
REXR Rexford Industrial Realty Inc 0.47% 38.43 -1.06% +3.86% +3.75% +0.59% 97
LI Li Auto Inc ADR 0.46% 11.97 -0.50% +2.75% -1.24% -29.30% 73
ARE Alexandria Real Estate Equities 0.46% 56.34 +5.27% +13.68% +22.91% +16.94% 99
FR First Industrial Realty Trust 0.44% 62.38 +1.58% +2.63% +0.02% +9.88% 83
STAG Stag Industrial Inc 0.39% 37.49 +1.11% +1.68% +2.49% +4.12% 96
MRL.MC MERLIN PROPERTIES REIT SA 0.39% 12.50 -0.40% -2.65% -10.14% +0.64% 0
RHP Ryman Hospitality Properties REIT 0.38% 120.61 +0.57% -1.42% -4.35% +30.35% 46
TRNO Terreno Realty Corp 0.37% 66.23 +0.94% +1.86% -3.31% +14.68% 57
HR Healthcare Realty Trust Inc. 0.37% 18.40 -0.54% -2.54% -3.72% +11.31% 53
LAND Gladstone Land Corp 0.34% 637.50 +0.24% +1.19% -7.07% +2.49% 20
MAC Macerich Company 0.34% 22.55 +0.58% +0.49% -7.70% +24.10% 14
LMP.LSE LONDONMETRIC PROPERTY REIT PLC 0.31% 180.60 +0.44% +1.57% -3.03% -1.55% 58
VNO Vornado Realty Trust 0.31% 34.82 +0.00% +1.31% -7.76% +4.63% 13
WDP.BR WAREHOUSES DE PAUW NV 0.27% 21.08 +0.57% +1.05% +0.67% -1.03% 87
CUZ Cousins Properties Inc 0.25% 28.29 +0.07% +1.25% -2.45% +12.71% 61
EPR Entertainment Properties Trust 0.24% 57.16 +0.26% -3.66% -5.32% +17.75% 36
GFC.PA GECINA SA 0.24% 66.45 +0.38% +1.06% -7.19% -14.59% 17
COLD Americold Realty Trust 0.23% 14.86 +2.34% +5.24% +0.00% +17.92% 82
KRC Kilroy Realty Corp 0.22% 34.42 +0.00% -1.23% -4.81% -6.10% 41
COV.PA COVIVIO SA 0.19% 48.08 -0.04% +0.54% -5.73% -12.85% 32
PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC 0.18% 93.90 +0.81% +2.07% -0.90% -0.43% 75
NSA National Storage Affiliates Tru 0.17% 43.41 -1.67% -2.97% -2.34% +56.77% 63
LINE Lineage Inc 0.16% 37.94 +0.00% +1.47% -8.29% +11.56% 7
HIW Highwoods Properties 0.15% 30.79 +0.29% +1.15% -0.19% +24.33% 81
SHC Sotera Health Company 0.14% 18.95 -1.97% +3.78% +2.38% +7.43% 95
HMSO.LSE HAMMERSON REIT PLC 0.13% 350.40 +1.33% +2.04% -6.31% +9.16% 28
PK Park Hotels & Resorts Inc 0.12% 15.06 +1.21% -1.70% -2.02% +47.46% 66
BYG.LSE BIG YELLOW GROUP PLC 0.11% 835.00 +0.54% +3.41% -6.44% -18.31% 26
SRE Sempra 0.11% 82.18 +0.59% -2.17% -5.74% -6.27% 31
MONT.BR MONTEA NV 0.09% 64.50 +0.00% +1.74% -1.23% -8.31% 74
GPE.LSE GREAT PORTLAND ESTATES PLC 0.09% 310.00 +0.91% +1.17% -9.14% -0.96% 3
ECMPA.AS EUROCOMMERCIAL PROPERTIES NV 0.08% 27.50 +1.48% +3.19% +2.23% +13.00% 94
SUPR.LSE SUPERMARKET INCOME REIT PLC 0.08% 85.00 +1.01% +3.41% +0.71% +8.18% 88
MERY.PA MERCIALYS REIT SA 0.07% 10.72 -0.19% +0.94% -5.63% +6.30% 33
XIOR.BR XIOR STUDENT HOUSING NV 0.07% 25.35 -0.39% -0.59% -4.70% -9.59% 42
ICAD.PA Icad Inc 0.06% 16.96 +0.59% -0.82% -9.30% -22.91% 2
RET.BR RETAIL ESTATES NV 0.05% 65.10 +0.93% +0.46% +0.77% +2.04% 89
SHUR.BR SHURGARD SELF STORAGE LTD 0.05% 23.35 +0.65% +4.71% -0.43% -18.29% 79
AREIT.PA AREIT INC 0.05% 560.00 +0.00% -2.61% -4.27% +8.74% 48
THRL.LSE TARGET HEALTHCARE REIT PLC 0.05% 111.20 +1.28% +2.02% +0.54% +17.23% 86
WHA.AS WERELDHAVE NV 0.05% 18.30 +1.44% +1.55% -0.76% +1.13% 77
COFB.BR COFINIMMO REIT SA 0.04% 82.85 -1.84% +2.79% +1.41% +11.56% 91
CPINV.BR CARE PROPERTY INV NV 0.04% 12.62 +1.94% +2.77% +3.95% +7.03% 98
IRES.IR IRISH RESIDENTIAL PROPERTIES PLC 0.04% 1.08 +0.00% +1.31% -1.28% +15.14% 72
WKP.LSE WORKSPACE GROUP REIT PLC 0.03% 363.40 -0.76% +0.33% +2.08% -6.77% 93
PCTN.LSE PICTON PROPERTY INCOME LTD 0.03% 70.00 +0.00% -2.10% -3.45% -3.25% 55
CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC 0.03% 81.10 +0.50% +0.25% -2.76% -2.83% 60
HABA.XETRA HAMBORNER REIT N AG 0.02% 4.22 +0.60% +0.84% -2.31% +2.25% 65
NRR.LSE NEWRIVER REIT PLC 0.02% 78.60 +0.51% +3.42% -1.87% +19.24% 68
COF Capital One Financial Corp 0.02% 202.04 -0.57% -2.45% -8.77% -15.96% 5
SPG Simon Property Group 0.02% 204.47 +0.75% -0.10% -7.32% +11.73% 15
SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR 0.02% 40.70 -1.45% -1.09% -7.08% -22.26% 19
VASTB.BR VASTNED BELGIUM NV 0.02% 28.20 +0.71% +0.18% -0.70% -5.01% 78
HLCL.LSE HELICAL PLC 0.01% 186.50 -0.80% -3.12% -6.75% -1.11% 25
AEWU.LSE AEW UK REIT PLC 0.01% 104.40 +0.58% +1.36% -0.76% +0.60% 76
HOMI.BR HOME INVEST BELGIUM REIT SA 0.01% 18.04 +0.11% -0.66% -3.84% +3.74% 51
RGL.LSE REGIONAL REIT LTD 0.01% 91.30 +0.11% +0.22% -2.35% -10.37% 62

RS rank = the constituent's 21-day return percentile within the index (100 = strongest of the covered names). Weight is the index weight; returns use adjusted closes. Default sort: weight.

Other ETFs & indices

Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.

FAQ · from the current data

REET dispersion — data Q&A

Is REET's move broad or carried by a few names (21 sessions)?

As of 2026-09-17: over 21 sessions the fund returned -4.99% while its median constituent returned -4.03% — a dispersion of 4.38 pp; 60% of 95 members beat the fund. Broad decline - breadth is falling with price.

How did REET's members trade in the last session?

As of 2026-09-17: fund +0.49%, median member +0.28%, 60 advancers vs 29 decliners.

What does the dispersion page for REET measure?

It splits the fund into its members: the fund's own return against the median constituent, how many members beat the fund, advancers vs decliners, and a cumulative advance/decline line that tends to lead price. A firm fund price with a weak median and a falling A/D line is a narrow, top-heavy tape; a broad move shows the median keeping up. 96 constituents covered, re-baked nightly from the Closelook lake.

Is this investment advice?

No — a data surface in an investment research diary. It describes breadth inside a fund; it makes no recommendation.