Constituent dispersion · breadth vs the index

REET — Global REITs

96/325 covered · 73% by weight · benchmark: REET price · closes through 2026-09-14 ·holdings as of 2026-06-16

Concentration 36.33% in top 5 26.6 effective names · HHI 376
RS vs S&P 500 21d -2.33pp sector return − SPY
RS vs Nasdaq-100 21d -1.39pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -4.52% · A/D -385 (-4.01/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 -2.12% -1.68 -3pp -0.02pp Confirming ↓
1 month -4.52% -4.01 +8pp +0.60pp Confirming ↓
1 quarter -3.21% -3.78 -24pp -2.75pp Confirming ↓

Over the last 126 sessions: price up +2.88%, breadth up (+0.64/name) · % beating 50→44 · median−ETF +0.00pp→-0.41pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.59% -0.14% +0.45pp 41 / 50 70 / 26 62 of 96 ±1.45%
5d -2.12% -1.99% +0.13pp 12 / 82 51 / 44 50 of 95 ±2.32%
21d -4.52% -4.83% -0.31pp 8 / 87 44 / 51 19 of 95 ±4.13%
YTD +8.03% +5.20% -2.83pp 61 / 34 40 / 55 9 of 95 ±14.7%

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)

  • EQR+4.17%+0.06pp
  • AVB+2.02%+0.03pp
  • SUI+3.11%+0.03pp
  • EXR+1.28%+0.02pp
  • ELS+2.50%+0.02pp
  • EQIX-3.76%-0.22pp
  • DLR-5.01%-0.19pp
  • IRM-2.71%-0.06pp
  • WELL-0.60%-0.05pp
  • PLD-0.41%-0.03pp

This month (21d)

  • ARE+7.31%+0.03pp
  • REXR+5.52%+0.03pp
  • OHI+2.89%+0.02pp
  • AVB+0.37%+0.01pp
  • PK+1.93%+0pp
  • EQIX-6.55%-0.38pp
  • DLR-9.33%-0.35pp
  • PLD-4.26%-0.32pp
  • SPG-7.45%-0.27pp
  • PSA-10.14%-0.27pp

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+7.31%
  • REXR+5.52%
  • OHI+2.89%
  • PK+1.93%
  • COFB.BR+1.41%
  • GPE.LSE-16.59%
  • MRL.MC-14.68%
  • LAND-12.91%
  • ICAD.PA-12.31%
  • HMSO.LSE-11.86%

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% 234.21 -0.60% -0.83% -0.10% +26.63% 91
PLD Prologis Inc 7.46% 135.19 -0.41% -1.57% -4.26% +6.75% 55
EQIX Equinix Inc 5.86% 998.72 -3.76% -3.60% -6.55% +31.71% 33
DLR Digital Realty Trust 3.72% 179.14 -5.01% -4.91% -9.33% +16.58% 14
SPG Simon Property Group 3.69% 204.97 +0.07% -1.08% -7.45% +12.01% 23
O Realty Income Corp 3.17% 59.27 -0.39% -3.23% -5.85% +7.45% 39
PSA Public Storage 2.68% 295.40 -0.37% -2.19% -10.14% +14.99% 12
VTR Ventas Inc 2.29% 89.10 -0.99% -1.30% -1.32% +15.88% 85
IRM Iron Mountain Inc 2.08% 112.06 -2.71% -4.11% -11.50% +36.19% 6
VICI Vici Properties Inc 1.72% 25.04 +0.85% -1.49% -4.94% -9.50% 47
EXR Extra Space Storage Inc 1.69% 139.40 +1.28% +0.11% -6.69% +8.29% 29
AVB Avalonbay Communities 1.46% 68.14 +2.02% +7.04% +0.37% +7.13% 93
EQR Equity Residential 1.39% 0.38 +4.17%
INVH Invitation Homes Inc 0.99% 27.59 +0.18% -2.82% -8.94% +0.49% 17
ESS Essex Property Trust 0.97% 275.73 +1.03% -1.03% -4.06% +7.56% 56
WPC W.P. Carey & Company Llc 0.90% 69.19 +0.10% -1.69% -3.22% +9.00% 66
KIM Kimco Realty Corp 0.89% 23.22 +0.13% -1.61% -4.80% +17.10% 51
SUI Sun Communities 0.86% 118.04 +3.11% -1.17% -1.79% -3.88% 79
HST Host Marriott Financial Trust 0.85% 22.37 +0.56% +1.43% -1.69% +27.49% 81
MAA Mid-America Apartment Communities 0.84% 125.60 +0.65% -2.12% -6.41% -7.43% 36
OHI Omega Healthcare Investors 0.79% 47.34 +0.74% +2.07% +2.89% +9.94% 97
REG Regency Centers Corp 0.79% 74.53 -0.12% +0.03% -3.03% +9.02% 68
URW.PA UNIBAIL RODAMCO WE STAPLED UNITS 0.77% 92.46 -0.47% -3.32% -10.67% +4.30% 8
DOC Healthpeak Properties 0.76% 20.37 +0.85% -0.86% -1.63% +30.44% 82
GLPI Gaming & Leisure 0.72% 41.05 +2.01% -0.08% -5.96% -6.64% 38
SGRO.LSE SEGRO REIT PLC 0.72% 930.80 -0.28% -1.13% -3.80% +33.40% 58
UDR United Dominion Realty Trust 0.69% 35.37 +0.71% -2.78% -6.42% -1.21% 35
ELS Equity Lifestyle Properties 0.67% 61.58 +2.50% -1.35% -5.28% +2.49% 46
CPT Camden Property Trust 0.62% 103.83 +0.80% -1.76% -6.01% -4.64% 37
AMH American Homes 4 Rent 0.61% 31.63 +0.48% -2.59% -7.65% -0.31% 21
EGP Eastgroup Properties 0.60% 197.57 -0.28% -0.53% -3.65% +11.85% 60
FRT Federal Realty Investment Trust 0.56% 114.53 +0.15% -2.19% -3.67% +16.14% 59
BXP Bxp Inc 0.53% 64.50 -0.31% -4.71% -6.76% -3.11% 28
BRX Brixmor Property Group Inc 0.52% 28.57 -0.56% -1.99% -4.83% +11.46% 49
CTRE Caretrust REIT Inc 0.51% 38.11 -1.32% -2.31% -1.85% +7.56% 77
CUBE Cubesmart 0.51% 39.72 +0.46% +0.56% -4.86% +13.47% 48
AHR American Healthcare REIT Inc 0.49% 53.40 -0.34% -2.41% -0.37% +14.63% 89
ADC Agree Realty Corp 0.48% 70.78 -0.63% -2.53% -5.42% +1.06% 41
NNN NNN REIT Inc 0.47% 43.76 -0.25% -1.95% -5.36% +13.59% 44
REXR Rexford Industrial Realty Inc 0.47% 38.43 +1.03% +4.46% +5.52% +0.59% 98
LI Li Auto Inc ADR 0.46% 12.17 +3.05% -1.62% -0.81% -28.12% 88
ARE Alexandria Real Estate Equities 0.46% 51.96 +1.60% -1.31% +7.31% +7.85% 99
FR First Industrial Realty Trust 0.44% 61.37 -0.02% -0.78% -3.09% +8.10% 67
STAG Stag Industrial Inc 0.39% 36.98 -0.43% -1.86% +0.08% +2.71% 92
MRL.MC MERLIN PROPERTIES REIT SA 0.39% 12.38 -5.64% -6.35% -14.68% -0.32% 1
RHP Ryman Hospitality Properties REIT 0.38% 122.20 +0.17% -1.04% -2.00% +32.07% 75
TRNO Terreno Realty Corp 0.37% 65.14 -0.20% -0.78% -5.37% +12.79% 43
HR Healthcare Realty Trust Inc. 0.37% 18.93 +0.16% -0.99% -1.46% +14.51% 84
LAND Gladstone Land Corp 0.34% 617.50 -2.06% -6.79% -12.91% -0.72% 2
MAC Macerich Company 0.34% 22.47 +0.13% -2.58% -8.84% +23.66% 19
LMP.LSE LONDONMETRIC PROPERTY REIT PLC 0.31% 176.30 -0.96% -3.66% -9.12% -3.89% 16
VNO Vornado Realty Trust 0.31% 35.01 -1.21% -4.32% -11.75% +5.20% 5
WDP.BR WAREHOUSES DE PAUW NV 0.27% 20.98 +0.00% -1.32% -1.32% -1.50% 86
CUZ Cousins Properties Inc 0.25% 27.95 -0.85% -3.98% -6.65% +11.36% 31
EPR Entertainment Properties Trust 0.24% 58.81 -0.63% -1.97% -4.68% +21.15% 52
GFC.PA GECINA SA 0.24% 65.70 -0.38% -2.67% -11.22% -15.55% 7
COLD Americold Realty Trust 0.23% 14.97 +2.39% +5.27% -0.99% +18.79% 87
KRC Kilroy Realty Corp 0.22% 34.91 +0.03% -6.00% -5.65% -4.76% 40
COV.PA COVIVIO SA 0.19% 47.72 +0.08% -2.17% -8.84% -13.51% 18
PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC 0.18% 91.75 +0.38% -1.98% -3.37% -2.71% 64
NSA National Storage Affiliates Tru 0.17% 43.41 -1.67% -2.97% -2.34% +56.77% 73
LINE Lineage Inc 0.16% 38.71 +2.54% +1.41% -10.04% +13.83% 13
HIW Highwoods Properties 0.15% 30.66 -0.87% -1.70% -2.09% +23.80% 74
SHC Sotera Health Company 0.14% 18.52 +0.82% -2.01% -2.63% +4.99% 72
HMSO.LSE HAMMERSON REIT PLC 0.13% 338.80 -1.51% -5.10% -11.86% +5.54% 4
PK Park Hotels & Resorts Inc 0.12% 15.32 +0.26% +0.39% +1.93% +50.01% 96
BYG.LSE BIG YELLOW GROUP PLC 0.11% 811.50 -1.22% -2.46% -10.18% -20.61% 11
SRE Sempra 0.11% 82.99 -0.42% -1.25% -4.04% -5.35% 57
MONT.BR MONTEA NV 0.09% 63.40 -0.16% -2.01% -3.50% -9.87% 61
GPE.LSE GREAT PORTLAND ESTATES PLC 0.09% 300.60 -1.31% -7.73% -16.59% -3.96% 0
ECMPA.AS EUROCOMMERCIAL PROPERTIES NV 0.08% 26.60 +0.19% -2.21% -1.48% +9.30% 83
SUPR.LSE SUPERMARKET INCOME REIT PLC 0.08% 81.40 +0.68% -2.98% -4.68% +3.59% 53
MERY.PA MERCIALYS REIT SA 0.07% 10.52 -0.19% -2.41% -9.31% +4.31% 15
XIOR.BR XIOR STUDENT HOUSING NV 0.07% 25.35 +0.20% -2.87% -6.97% -9.59% 27
ICAD.PA Icad Inc 0.06% 16.89 -0.35% -2.93% -12.31% -23.23% 3
RET.BR RETAIL ESTATES NV 0.05% 63.60 +0.00% -2.75% -1.85% -0.31% 78
SHUR.BR SHURGARD SELF STORAGE LTD 0.05% 22.50 -0.44% +0.67% -7.02% -21.26% 26
AREIT.PA AREIT INC 0.05% 575.00 +0.00% +0.00% -1.71% +11.65% 80
THRL.LSE TARGET HEALTHCARE REIT PLC 0.05% 110.00 +0.00% -1.79% -1.96% +15.97% 76
WHA.AS WERELDHAVE NV 0.05% 17.96 -0.44% -2.39% -3.23% -0.75% 65
COFB.BR COFINIMMO REIT SA 0.04% 82.85 -1.84% +2.79% +1.41% +11.56% 95
CPINV.BR CARE PROPERTY INV NV 0.04% 12.30 +0.99% -1.13% +0.49% +4.32% 94
IRES.IR IRISH RESIDENTIAL PROPERTIES PLC 0.04% 1.07 -0.19% -1.29% -3.43% +14.07% 63
WKP.LSE WORKSPACE GROUP REIT PLC 0.03% 350.00 -2.78% -4.06% -5.41% -10.20% 42
PCTN.LSE PICTON PROPERTY INCOME LTD 0.03% 70.00 +0.00% -2.10% -3.45% -3.25% 62
CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC 0.03% 79.40 -2.22% -5.14% -4.45% -4.87% 54
HABA.XETRA HAMBORNER REIT N AG 0.02% 4.22 +0.12% -0.35% -2.88% +2.13% 69
NRR.LSE NEWRIVER REIT PLC 0.02% 76.10 -0.65% -3.55% -7.65% +15.45% 22
COF Capital One Financial Corp 0.02% 206.68 -0.78% -5.88% -7.34% -14.03% 25
SPG Simon Property Group 0.02% 204.97 +0.07% -1.08% -7.45% +12.01% 23
SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR 0.02% 40.30 -0.37% -7.36% -10.59% -23.03% 9
VASTB.BR VASTNED BELGIUM NV 0.02% 28.00 -0.88% -1.75% -2.78% -5.68% 71
HLCL.LSE HELICAL PLC 0.01% 195.00 -1.52% -2.50% -5.34% +3.39% 45
AEWU.LSE AEW UK REIT PLC 0.01% 101.40 -0.59% -2.87% -6.46% -2.29% 34
HOMI.BR HOME INVEST BELGIUM REIT SA 0.01% 18.10 +0.11% -3.10% -7.65% +4.08% 20
RGL.LSE REGIONAL REIT LTD 0.01% 91.30 -1.93% -3.28% -6.65% -10.37% 32

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 2026-09-14: over 21 sessions the fund returned -4.52% while its median constituent returned -4.83% — a dispersion of 4.13 pp; 46% 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 2026-09-14: fund -0.59%, median member -0.14%, 41 advancers vs 50 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.