Constituent dispersion · breadth vs the index

REET — Global REITs

96/325 covered · 73% by weight · benchmark: REET price · closes through 2026-09-03 ·holdings as of 2026-06-16

Concentration 36.33% in top 5 26.6 effective names · HHI 376
RS vs S&P 500 21d -3.44pp sector return − SPY
RS vs Nasdaq-100 21d -3.05pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -3% · A/D -280 (-2.92/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 -1.29% -0.78 +10pp +1.15pp Confirming ↓
1 month -3.00% -2.92 -1pp +0.34pp Confirming ↓
1 quarter +1.55% -0.47 -23pp -2.09pp Weakening

Over the last 126 sessions: price up +5.04%, breadth up (+1.26/name) · % beating 40→40 · median−ETF -1.85pp→-0.82pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d +0.73% +0.37% -0.36pp 63 / 30 34 / 62 59 of 96 ±1.22%
5d -1.29% -1.09% +0.20pp 24 / 68 51 / 44 34 of 95 ±2.22%
21d -3.00% -3.49% -0.49pp 11 / 84 41 / 54 23 of 95 ±3.4%
YTD +10.89% +8.70% -2.18pp 71 / 24 39 / 56 5 of 95 ±14.36%

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)

  • EQIX+2.12%+0.12pp
  • PLD+1.29%+0.1pp
  • WELL+1.06%+0.09pp
  • DLR+2.19%+0.08pp
  • IRM+2.81%+0.06pp
  • INVH-1.35%-0.01pp
  • SUI-1.15%-0.01pp
  • COLD-3.29%-0.01pp
  • KIM-0.66%-0.01pp
  • ELS-0.81%-0.01pp

This month (21d)

  • WELL+2.01%+0.17pp
  • ARE+5.17%+0.02pp
  • SHC+5.84%+0.01pp
  • AVB+0.37%+0.01pp
  • STAG+1.15%+0pp
  • SPG-5.91%-0.22pp
  • IRM-9.56%-0.2pp
  • PSA-6.60%-0.18pp
  • DLR-3.66%-0.14pp
  • PLD-1.71%-0.13pp

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)

  • SHC+5.84%
  • ARE+5.17%
  • WELL+2.01%
  • WKP.LSE+1.44%
  • COFB.BR+1.41%
  • SHUR.BR-13.21%
  • HST-12.50%
  • MRL.MC-10.66%
  • GFC.PA-9.74%
  • IRM-9.56%

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% 241.12 +1.06% +0.63% +2.01% +30.37% 97
PLD Prologis Inc 7.46% 138.35 +1.29% -2.47% -1.71% +9.25% 69
EQIX Equinix Inc 5.86% 1040.83 +2.12% -3.31% -1.46% +37.27% 74
DLR Digital Realty Trust 3.72% 187.79 +2.19% -2.24% -3.66% +22.21% 48
SPG Simon Property Group 3.69% 211.52 +0.63% -1.57% -5.91% +15.59% 20
O Realty Income Corp 3.17% 61.74 +0.39% +0.34% -1.53% +11.92% 73
PSA Public Storage 2.68% 305.73 +1.46% -1.76% -6.60% +19.01% 18
VTR Ventas Inc 2.29% 92.11 +0.05% -0.84% -0.45% +19.80% 85
IRM Iron Mountain Inc 2.08% 114.98 +2.81% -6.28% -9.56% +39.74% 4
VICI Vici Properties Inc 1.72% 25.65 +0.16% -0.47% -2.84% -7.30% 57
EXR Extra Space Storage Inc 1.69% 140.98 +0.75% -1.27% -6.04% +9.52% 19
AVB Avalonbay Communities 1.46% 68.14 +2.02% +7.04% +0.37% +7.13% 89
EQR Equity Residential 1.39% 0.38 +4.17%
INVH Invitation Homes Inc 0.99% 28.45 -1.35% -2.67% -6.72% +3.62% 16
ESS Essex Property Trust 0.97% 278.65 +0.49% -0.75% -3.26% +8.70% 53
WPC W.P. Carey & Company Llc 0.90% 70.27 -0.44% -0.16% -2.65% +10.70% 58
KIM Kimco Realty Corp 0.89% 23.92 -0.66% +0.46% -3.82% +20.63% 45
SUI Sun Communities 0.86% 119.85 -1.15% -2.71% -0.84% -2.41% 81
HST Host Marriott Financial Trust 0.85% 21.99 -0.54% -1.57% -12.50% +25.35% 1
MAA Mid-America Apartment Communities 0.84% 128.56 -0.04% -0.18% -4.46% -5.25% 36
OHI Omega Healthcare Investors 0.79% 47.04 +0.11% +1.62% -3.39% +9.24% 51
REG Regency Centers Corp 0.79% 75.92 +0.15% +0.61% -3.98% +11.05% 42
URW.PA UNIBAIL RODAMCO WE STAPLED UNITS 0.77% 96.88 +0.27% -2.36% -7.20% +9.29% 13
DOC Healthpeak Properties 0.76% 21.03 +0.00% -0.90% -3.49% +34.66% 49
GLPI Gaming & Leisure 0.72% 42.36 +0.05% +0.12% -3.31% -3.66% 52
SGRO.LSE SEGRO REIT PLC 0.72% 944.20 +0.13% -2.76% -2.12% +35.32% 61
UDR United Dominion Realty Trust 0.69% 36.37 -0.60% -1.91% -5.58% +1.58% 24
ELS Equity Lifestyle Properties 0.67% 62.61 -0.81% -2.03% -3.68% +4.20% 47
CPT Camden Property Trust 0.62% 105.60 +0.06% -0.18% -5.64% -3.02% 23
AMH American Homes 4 Rent 0.61% 32.71 -0.85% -2.18% -5.41% +3.09% 26
EGP Eastgroup Properties 0.60% 198.47 +0.50% -0.77% -2.09% +12.36% 62
FRT Federal Realty Investment Trust 0.56% 117.16 -0.66% +0.21% -3.83% +18.81% 44
BXP Bxp Inc 0.53% 68.23 +1.68% -2.49% -2.54% +2.50% 59
BRX Brixmor Property Group Inc 0.52% 29.27 -0.44% +0.55% -5.34% +14.19% 27
CTRE Caretrust REIT Inc 0.51% 39.61 +0.10% +0.64% -3.72% +11.80% 46
CUBE Cubesmart 0.51% 39.75 +0.73% -0.55% -5.24% +13.55% 29
AHR American Healthcare REIT Inc 0.49% 55.76 -0.80% -1.27% +0.47% +19.70% 91
ADC Agree Realty Corp 0.48% 72.73 +0.14% -0.28% -4.05% +3.85% 41
NNN NNN REIT Inc 0.47% 45.18 +0.24% -0.33% -4.60% +17.28% 33
REXR Rexford Industrial Realty Inc 0.47% 37.01 +1.04% -0.30% -0.08% -3.12% 87
LI Li Auto Inc ADR 0.46% 12.06 +0.42% -0.99% -5.85% -28.77% 22
ARE Alexandria Real Estate Equities 0.46% 52.69 -0.06% +0.78% +5.17% +9.36% 98
FR First Industrial Realty Trust 0.44% 61.71 +0.10% -1.09% -3.83% +8.70% 43
STAG Stag Industrial Inc 0.39% 37.70 +0.72% +1.70% +1.15% +4.71% 94
MRL.MC MERLIN PROPERTIES REIT SA 0.39% 13.24 +0.23% -2.22% -10.66% +6.60% 2
RHP Ryman Hospitality Properties REIT 0.38% 122.25 -0.32% -5.36% -4.21% +32.13% 40
TRNO Terreno Realty Corp 0.37% 65.80 +0.09% -1.95% -5.26% +13.93% 28
HR Healthcare Realty Trust Inc. 0.37% 19.27 -0.16% +0.73% -4.32% +16.57% 39
LAND Gladstone Land Corp 0.34% 659.00 +0.46% -5.38% -8.54% +5.95% 8
MAC Macerich Company 0.34% 23.06 -1.54% -3.60% -9.18% +26.91% 6
LMP.LSE LONDONMETRIC PROPERTY REIT PLC 0.31% 184.20 +1.10% -3.84% -7.02% +0.42% 14
VNO Vornado Realty Trust 0.31% 36.54 -0.08% -5.63% -8.44% +9.80% 9
WDP.BR WAREHOUSES DE PAUW NV 0.27% 21.66 +2.17% +1.88% -1.19% +1.69% 78
CUZ Cousins Properties Inc 0.25% 29.25 +1.42% -0.81% -4.91% +16.54% 31
EPR Entertainment Properties Trust 0.24% 60.48 +1.46% +1.99% -1.06% +24.59% 79
GFC.PA GECINA SA 0.24% 68.10 +1.26% -2.71% -9.74% -12.47% 3
COLD Americold Realty Trust 0.23% 14.11 -3.29% -6.12% +0.57% +11.97% 92
KRC Kilroy Realty Corp 0.22% 36.96 +1.34% +0.74% -4.37% +0.83% 37
COV.PA COVIVIO SA 0.19% 48.76 +1.25% -3.16% -6.68% -11.62% 17
PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC 0.18% 93.90 +0.86% -3.05% -1.73% -0.43% 68
NSA National Storage Affiliates Tru 0.17% 43.41 -1.67% -2.97% -2.34% +56.77% 60
LINE Lineage Inc 0.16% 38.33 -1.16% -3.08% -6.79% +12.71% 15
HIW Highwoods Properties 0.15% 31.01 +0.49% -1.18% -4.35% +25.21% 38
SHC Sotera Health Company 0.14% 19.03 +0.37% -2.31% +5.84% +7.88% 99
HMSO.LSE HAMMERSON REIT PLC 0.13% 367.00 -1.40% -3.27% -4.82% +14.33% 32
PK Park Hotels & Resorts Inc 0.12% 15.08 -3.08% -4.01% +0.94% +47.66% 93
BYG.LSE BIG YELLOW GROUP PLC 0.11% 831.00 -0.89% -7.41% -8.68% -18.70% 7
SRE Sempra 0.11% 84.57 +0.93% -0.21% -0.11% -3.55% 86
MONT.BR MONTEA NV 0.09% 65.30 +1.87% -0.91% -3.26% -7.17% 54
GPE.LSE GREAT PORTLAND ESTATES PLC 0.09% 330.20 +0.67% -4.90% -7.87% +5.50% 11
ECMPA.AS EUROCOMMERCIAL PROPERTIES NV 0.08% 27.45 +0.37% +2.43% -1.79% +12.80% 67
SUPR.LSE SUPERMARKET INCOME REIT PLC 0.08% 84.00 +0.54% -1.70% -3.11% +6.90% 55
MERY.PA MERCIALYS REIT SA 0.07% 10.94 -0.36% -1.44% -9.29% +8.48% 5
XIOR.BR XIOR STUDENT HOUSING NV 0.07% 26.90 +0.37% +0.00% -2.00% -4.06% 65
ICAD.PA Icad Inc 0.06% 17.84 +0.68% -3.41% -7.52% -18.91% 12
RET.BR RETAIL ESTATES NV 0.05% 66.10 +1.23% +0.92% +0.15% +3.61% 88
SHUR.BR SHURGARD SELF STORAGE LTD 0.05% 23.00 +1.10% -1.08% -13.21% -19.51% 0
AREIT.PA AREIT INC 0.05% 575.00 +0.00% +0.00% -1.71% +11.65% 71
THRL.LSE TARGET HEALTHCARE REIT PLC 0.05% 111.60 +2.39% -0.89% -0.60% +17.66% 83
WHA.AS WERELDHAVE NV 0.05% 18.60 +0.76% +0.87% -1.27% +2.79% 76
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% 12.42 +3.67% +2.14% -0.80% +5.34% 82
IRES.IR IRISH RESIDENTIAL PROPERTIES PLC 0.04% 1.08 -0.37% -0.55% -1.64% +14.93% 72
WKP.LSE WORKSPACE GROUP REIT PLC 0.03% 366.20 +1.22% +0.00% +1.44% -6.05% 96
PCTN.LSE PICTON PROPERTY INCOME LTD 0.03% 71.50 +2.14% -1.65% -1.27% -1.18% 77
CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC 0.03% 82.90 +2.09% +1.72% -0.93% -0.67% 80
HABA.XETRA HAMBORNER REIT N AG 0.02% 4.26 +1.43% -1.61% -1.39% +3.22% 75
NRR.LSE NEWRIVER REIT PLC 0.02% 78.40 -0.25% -4.62% -5.43% +18.94% 25
COF Capital One Financial Corp 0.02% 220.50 +1.80% +1.77% -0.51% -8.28% 84
SPG Simon Property Group 0.02% 211.52 +0.63% -1.57% -5.91% +15.59% 20
SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR 0.02% 42.30 +0.95% -2.42% -2.08% -19.21% 63
VASTB.BR VASTNED BELGIUM NV 0.02% 28.65 +0.00% +0.53% -4.50% -3.49% 35
HLCL.LSE HELICAL PLC 0.01% 198.00 -0.50% -2.46% -1.98% +4.98% 66
AEWU.LSE AEW UK REIT PLC 0.01% 103.60 -0.77% -2.63% -3.02% -0.17% 56
HOMI.BR HOME INVEST BELGIUM REIT SA 0.01% 18.82 -1.05% -0.42% -4.56% +8.22% 34
RGL.LSE REGIONAL REIT LTD 0.01% 94.00 +0.86% -1.88% -2.08% -7.72% 64

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 2026-09-03: over 21 sessions the fund returned -3.00% while its median constituent returned -3.49% — a dispersion of 3.40 pp; 43% 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 2026-09-03: fund +0.73%, median member +0.37%, 63 advancers vs 30 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.