Constituent dispersion · breadth vs the index
REET — Global REITs
Concentration 36.33% in top 5 26.6 effective names · HHI 376
RS vs S&P 500 21d -2.96pp sector return − SPY
RS vs Nasdaq-100 21d -0.77pp sector return − QQQ
Weakening below the surface - the A/D line is falling while price holds up; leadership is narrowing. Last 21 sessions — price -0.21% · A/D -87 (-0.99/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.
| Horizon | Price | A/D /name | % beating Δ | Median−ETF Δ | Read |
|---|---|---|---|---|---|
| 1 week | -1.80% | -1.22 | +4pp | +0.93pp | Confirming ↓ |
| 1 month | -0.21% | -0.99 | -3pp | -0.40pp | Weakening |
| 1 quarter | +1.75% | +2.24 | +9pp | +1.56pp | Confirming ↑ |
Over the last 126 sessions: price up +4.62%, breadth up (+3.3/name) · % beating 33→48 · median−ETF -2.05pp→-0.11pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.69% | +0.39% | -0.30pp | 56 / 31 | 29 / 59 | 61 of 88 | ±1.29% |
| 5d | -1.80% | -1.75% | +0.05pp | 19 / 68 | 49 / 39 | 34 of 88 | ±2.37% |
| 21d | -0.21% | -0.33% | -0.11pp | 39 / 48 | 42 / 46 | 20 of 88 | ±4.36% |
| YTD | +12.26% | +10.96% | -1.30pp | 66 / 22 | 38 / 50 | 4 of 88 | ±13.95% |
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+3.56%+0.21pp
- WELL+1.88%+0.16pp
- DLR+3.28%+0.12pp
- PLD+0.88%+0.07pp
- VTR+2.36%+0.05pp
- AVB-1.08%-0.02pp
- EQR-1.03%-0.01pp
- PSA-0.47%-0.01pp
- ESS-0.42%0pp
- LI-0.71%0pp
This month (21d)
- DLR+13.84%+0.51pp
- EQIX+4.46%+0.26pp
- SGRO.LSE+11.20%+0.08pp
- PSA+1.46%+0.04pp
- LI+7.85%+0.04pp
- WELL-2.43%-0.2pp
- PLD-1.24%-0.09pp
- AVB-6.24%-0.09pp
- EQR-6.26%-0.09pp
- VTR-3.67%-0.08pp
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)
- DLR+13.84%
- HLCL.LSE+11.39%
- SGRO.LSE+11.20%
- COF+8.35%
- LI+7.85%
- SHUR.BR-9.14%
- COLD-8.18%
- KRC-8.11%
- HR-8.04%
- SRE-7.97%
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 — 88 covered · click a column to sort
| Symbol | Weight | Last | 1d | 5d | 21d | YTD | RS rank |
|---|---|---|---|---|---|---|---|
| WELL Welltower Inc | 8.26% | 230.27 | +1.88% | -2.58% | -2.43% | +24.50% | 30 |
| PLD Prologis Inc | 7.46% | 140.73 | +0.88% | -0.02% | -1.24% | +11.12% | 43 |
| EQIX Equinix Inc | 5.86% | 1069.17 | +3.56% | +1.23% | +4.46% | +41.00% | 89 |
| DLR Digital Realty Trust | 3.72% | 197.06 | +3.28% | +1.09% | +13.84% | +28.24% | 99 |
| SPG Simon Property Group | 3.69% | 220.56 | +0.47% | -1.89% | -0.33% | +20.53% | 49 |
| O Realty Income Corp | 3.17% | 62.59 | +1.13% | -0.18% | -1.85% | +13.46% | 39 |
| PSA Public Storage | 2.68% | 323.58 | -0.47% | -1.15% | +1.46% | +25.96% | 76 |
| VTR Ventas Inc | 2.29% | 89.01 | +2.36% | -3.80% | -3.67% | +15.77% | 23 |
| IRM Iron Mountain Inc | 2.08% | 124.36 | +1.61% | -2.18% | +1.39% | +51.14% | 74 |
| VICI Vici Properties Inc | 1.72% | 26.07 | +0.35% | -1.25% | -0.80% | -5.78% | 48 |
| EXR Extra Space Storage Inc | 1.69% | 146.76 | +0.14% | -2.19% | +0.87% | +14.01% | 68 |
| AVB Avalonbay Communities | 1.46% | 179.79 | -1.08% | -5.18% | -6.24% | +0.27% | 9 |
| EQR Equity Residential | 1.39% | 64.42 | -1.03% | -4.90% | -6.26% | +4.58% | 8 |
| INVH Invitation Homes Inc | 0.99% | 29.78 | -0.03% | -2.36% | -1.49% | +8.47% | 42 |
| ESS Essex Property Trust | 0.97% | 281.27 | -0.42% | -2.35% | -5.66% | +9.72% | 13 |
| WPC W.P. Carey & Company Llc | 0.90% | 70.69 | +0.99% | -2.06% | -1.74% | +11.36% | 40 |
| KIM Kimco Realty Corp | 0.89% | 24.18 | +0.88% | -2.77% | -4.24% | +21.94% | 17 |
| SUI Sun Communities | 0.86% | 118.34 | -0.28% | -2.09% | -1.20% | -3.64% | 44 |
| HST Host Marriott Financial Trust | 0.85% | 22.80 | +2.29% | -9.27% | -2.48% | +29.97% | 27 |
| MAA Mid-America Apartment Communities | 0.84% | 132.33 | +0.45% | -1.66% | +0.14% | -2.47% | 56 |
| OHI Omega Healthcare Investors | 0.79% | 45.87 | +0.66% | -5.79% | -5.01% | +6.52% | 15 |
| REG Regency Centers Corp | 0.79% | 75.74 | -0.11% | -4.21% | -5.71% | +10.79% | 11 |
| URW.PA UNIBAIL RODAMCO WE STAPLED UNITS | 0.77% | 103.40 | -0.05% | -0.96% | +0.83% | +16.64% | 67 |
| DOC Healthpeak Properties | 0.76% | 20.66 | +0.73% | -5.19% | -4.18% | +32.30% | 18 |
| GLPI Gaming & Leisure | 0.72% | 43.10 | +1.08% | -1.62% | -1.69% | -1.98% | 41 |
| SGRO.LSE SEGRO REIT PLC | 0.72% | 957.00 | +0.53% | -0.48% | +11.20% | +37.15% | 97 |
| UDR United Dominion Realty Trust | 0.69% | 37.23 | -0.19% | -3.35% | -6.52% | +3.99% | 6 |
| ELS Equity Lifestyle Properties | 0.67% | 63.97 | -0.12% | -1.58% | -0.17% | +6.46% | 52 |
| CPT Camden Property Trust | 0.62% | 108.38 | +0.08% | -3.15% | -4.07% | -0.47% | 19 |
| AMH American Homes 4 Rent | 0.61% | 33.83 | -0.12% | -2.17% | -0.09% | +6.62% | 53 |
| EGP Eastgroup Properties | 0.60% | 203.45 | +0.90% | +0.37% | -3.69% | +15.18% | 22 |
| FRT Federal Realty Investment Trust | 0.56% | 117.21 | +0.40% | -3.79% | -4.01% | +18.86% | 20 |
| BXP Bxp Inc | 0.53% | 67.95 | +0.68% | -2.94% | +0.34% | +2.08% | 61 |
| BRX Brixmor Property Group Inc | 0.52% | 29.73 | +0.41% | -3.85% | -6.04% | +15.99% | 10 |
| CUBE Cubesmart | 0.51% | 41.22 | +0.93% | -1.74% | +1.73% | +17.75% | 80 |
| NNN NNN REIT Inc | 0.47% | 45.81 | +0.97% | -3.27% | -3.27% | +18.92% | 24 |
| REXR Rexford Industrial Realty Inc | 0.47% | 36.39 | +0.55% | -1.75% | +2.48% | -4.75% | 83 |
| LI Li Auto Inc ADR | 0.46% | 39.28 | -0.71% | -1.75% | +7.85% | +19.74% | 94 |
| ARE Alexandria Real Estate Equities | 0.46% | 48.06 | -0.12% | -4.07% | +1.18% | -0.25% | 69 |
| FR First Industrial Realty Trust | 0.44% | 63.34 | +0.57% | -1.29% | -2.18% | +11.57% | 35 |
| MRL.MC MERLIN PROPERTIES REIT SA | 0.39% | 14.56 | +0.21% | -1.75% | -2.61% | +17.23% | 26 |
| HR Healthcare Realty Trust Inc. | 0.37% | 19.21 | +0.31% | -4.62% | -8.04% | +16.21% | 3 |
| LAND Gladstone Land Corp | 0.34% | 708.00 | +0.85% | -1.94% | +5.28% | +13.83% | 90 |
| LMP.LSE LONDONMETRIC PROPERTY REIT PLC | 0.31% | 192.90 | -0.05% | -2.43% | +2.01% | +5.16% | 81 |
| VNO Vornado Realty Trust | 0.31% | 39.23 | +1.11% | -1.70% | +0.26% | +17.88% | 60 |
| WDP.BR WAREHOUSES DE PAUW NV | 0.27% | 21.38 | -0.19% | -2.46% | -2.46% | +0.38% | 28 |
| CUZ Cousins Properties Inc | 0.25% | 29.49 | +0.51% | -4.13% | -5.02% | +17.49% | 14 |
| EPR Entertainment Properties Trust | 0.24% | 61.41 | +2.73% | +0.46% | +3.14% | +26.50% | 88 |
| GFC.PA GECINA SA | 0.24% | 74.10 | -0.74% | -1.79% | +2.63% | -4.76% | 85 |
| COLD Americold Realty Trust | 0.23% | 14.60 | +0.83% | +4.06% | -8.18% | +15.86% | 1 |
| KRC Kilroy Realty Corp | 0.22% | 36.24 | -0.55% | -6.24% | -8.11% | -1.13% | 2 |
| COV.PA COVIVIO SA | 0.19% | 52.55 | +0.96% | +0.57% | -2.41% | -4.75% | 31 |
| PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC | 0.18% | 95.15 | +0.32% | -0.47% | +2.37% | +0.89% | 82 |
| NSA National Storage Affiliates Tru | 0.17% | 43.41 | -1.67% | -2.97% | -2.34% | +56.77% | 34 |
| HIW Highwoods Properties | 0.15% | 31.33 | +1.56% | -3.36% | -2.37% | +26.51% | 32 |
| SHC Sotera Health Company | 0.14% | 18.89 | -1.15% | +5.06% | +6.30% | +7.09% | 91 |
| HMSO.LSE HAMMERSON REIT PLC | 0.13% | 380.00 | +0.37% | +0.42% | +1.60% | +18.38% | 77 |
| PK Park Hotels & Resorts Inc | 0.12% | 14.85 | +3.56% | -0.60% | +2.56% | +45.41% | 84 |
| BYG.LSE BIG YELLOW GROUP PLC | 0.11% | 894.50 | -0.89% | -1.65% | +2.82% | -12.49% | 86 |
| SRE Sempra | 0.11% | 85.92 | +0.51% | +1.49% | -7.97% | -2.01% | 5 |
| MONT.BR MONTEA NV | 0.09% | 66.70 | +0.91% | -1.19% | -1.04% | -5.18% | 47 |
| GPE.LSE GREAT PORTLAND ESTATES PLC | 0.09% | 356.40 | +1.02% | -0.72% | +6.32% | +13.87% | 92 |
| ECMPA.AS EUROCOMMERCIAL PROPERTIES NV | 0.08% | 27.05 | -1.28% | -3.22% | +1.31% | +11.15% | 73 |
| SUPR.LSE SUPERMARKET INCOME REIT PLC | 0.08% | 85.50 | -0.98% | -1.50% | -2.08% | +8.81% | 36 |
| MERY.PA MERCIALYS REIT SA | 0.07% | 11.62 | -1.36% | -3.65% | +0.35% | +15.22% | 63 |
| XIOR.BR XIOR STUDENT HOUSING NV | 0.07% | 27.55 | +0.18% | +0.36% | +0.18% | -1.74% | 58 |
| ICAD.PA Icad Inc | 0.06% | 19.13 | +0.42% | -0.83% | +1.22% | -13.05% | 70 |
| RET.BR RETAIL ESTATES NV | 0.05% | 64.70 | -0.15% | -1.97% | -0.25% | +1.41% | 51 |
| SHUR.BR SHURGARD SELF STORAGE LTD | 0.05% | 23.85 | -6.47% | -10.00% | -9.14% | -16.54% | 0 |
| AREIT.PA AREIT INC | 0.05% | 585.00 | +0.00% | +0.00% | +0.00% | +13.59% | 55 |
| THRL.LSE TARGET HEALTHCARE REIT PLC | 0.05% | 112.60 | +0.36% | +0.18% | +1.26% | +18.71% | 72 |
| WHA.AS WERELDHAVE NV | 0.05% | 18.70 | +0.32% | -0.74% | -1.89% | +3.34% | 38 |
| COFB.BR COFINIMMO REIT SA | 0.04% | 82.85 | -1.84% | +2.79% | +1.41% | +11.56% | 75 |
| CPINV.BR CARE PROPERTY INV NV | 0.04% | 12.16 | -1.14% | -2.88% | -4.25% | +3.13% | 16 |
| IRES.IR IRISH RESIDENTIAL PROPERTIES PLC | 0.04% | 1.10 | +0.73% | +0.18% | +0.18% | +17.06% | 59 |
| WKP.LSE WORKSPACE GROUP REIT PLC | 0.03% | 365.00 | +0.55% | +0.27% | +6.35% | -6.36% | 93 |
| PCTN.LSE PICTON PROPERTY INCOME LTD | 0.03% | 72.20 | -0.41% | -1.78% | +0.14% | -0.21% | 57 |
| CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC | 0.03% | 83.50 | +0.85% | +1.09% | -6.39% | +0.05% | 7 |
| HABA.XETRA HAMBORNER REIT N AG | 0.02% | 4.32 | -1.59% | -0.12% | -2.70% | +4.55% | 25 |
| NRR.LSE NEWRIVER REIT PLC | 0.02% | 82.00 | +0.74% | -0.24% | +0.74% | +24.40% | 66 |
| COF Capital One Financial Corp | 0.02% | 222.44 | +1.50% | +0.37% | +8.35% | -7.47% | 95 |
| SPG Simon Property Group | 0.02% | 220.56 | +0.47% | -1.89% | -0.33% | +20.53% | 49 |
| SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR | 0.02% | 45.50 | +1.34% | +1.45% | -1.19% | -13.10% | 45 |
| VASTB.BR VASTNED BELGIUM NV | 0.02% | 29.05 | +0.17% | -3.17% | -2.35% | -2.15% | 33 |
| HLCL.LSE HELICAL PLC | 0.01% | 205.00 | -0.97% | +2.50% | +11.39% | +8.70% | 98 |
| AEWU.LSE AEW UK REIT PLC | 0.01% | 107.60 | +0.56% | -0.55% | +0.56% | +3.68% | 65 |
| HOMI.BR HOME INVEST BELGIUM REIT SA | 0.01% | 19.38 | -0.82% | -1.72% | +1.68% | +11.44% | 78 |
| RGL.LSE REGIONAL REIT LTD | 0.01% | 98.10 | +0.10% | +0.10% | +0.51% | -3.70% | 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.
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Dispersion is computed across the constituents we cover in our data lake (see coverage badge). Decision-support, not investment advice.