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 -1.62pp sector return − SPY
RS vs Nasdaq-100 21d -5.42pp sector return − QQQ
Improving below the surface - the A/D line is rising while price is flat-to-down; more names participating than the headline shows. Last 21 sessions — price +0.15% · A/D +90 (+1.02/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 | -1.64% | -0.93 | -6pp | -1.14pp | Confirming ↓ |
| 1 month | +0.15% | +1.02 | +18pp | +1.41pp | Improving |
| 1 quarter | +5.09% | +3.36 | +23pp | +2.60pp | Confirming ↑ |
Over the last 126 sessions: price up +9.69%, breadth up (+6.25/name) · % beating 62→63 · median−ETF +0.79pp→+1.10pp.
Dispersion by window
| Window | ETF | Median | Median − ETF | Up / Down | Beat / Lag | ±1% band | Dispersion |
|---|---|---|---|---|---|---|---|
| 1d | +0.15% | -0.23% | -0.38pp | 34 / 50 | 32 / 56 | 54 of 88 | ±1.28% |
| 5d | -1.62% | -2.18% | -0.56pp | 24 / 61 | 39 / 49 | 25 of 88 | ±2.99% |
| 21d | +0.15% | +1.07% | +0.93pp | 54 / 33 | 53 / 35 | 17 of 88 | ±6.53% |
| YTD | +8.99% | +7.24% | -1.76pp | 65 / 23 | 39 / 49 | 7 of 88 | ±14.15% |
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)
- PSA+1.77%+0.05pp
- IRM+1.91%+0.04pp
- SPG+0.70%+0.03pp
- DLR+0.57%+0.02pp
- EQIX+0.34%+0.02pp
- VICI-1.87%-0.03pp
- SUI-2.82%-0.02pp
- PLD-0.28%-0.02pp
- AVB-1.29%-0.02pp
- O-0.54%-0.02pp
This month (21d)
- EQIX+4.69%+0.27pp
- SPG+5.21%+0.19pp
- PSA+6.94%+0.19pp
- HST+14.78%+0.13pp
- VNO+24.70%+0.08pp
- WELL-5.21%-0.43pp
- VTR-7.64%-0.17pp
- VICI-7.37%-0.13pp
- PLD-1.33%-0.1pp
- O-2.55%-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)
- PK+33.82%
- VNO+24.70%
- HIW+16.28%
- HST+14.78%
- ARE+11.32%
- OHI-8.64%
- VTR-7.64%
- VICI-7.37%
- GLPI-6.19%
- REXR-5.40%
REET — constituent leadership race
$100 in each covered REET constituent at 2025-12-16, 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% | 206.65 | +0.05% | -1.91% | -5.21% | +11.73% | 7 |
| PLD Prologis Inc | 7.46% | 140.54 | -0.28% | -3.82% | -1.33% | +10.97% | 26 |
| EQIX Equinix Inc | 5.86% | 1092.19 | +0.34% | +4.70% | +4.69% | +44.04% | 72 |
| DLR Digital Realty Trust | 3.72% | 188.15 | +0.57% | +3.59% | +1.00% | +22.44% | 49 |
| SPG Simon Property Group | 3.69% | 211.33 | +0.70% | -1.64% | +5.21% | +15.48% | 74 |
| O Realty Income Corp | 3.17% | 60.24 | -0.54% | -2.70% | -2.55% | +9.20% | 18 |
| PSA Public Storage | 2.68% | 318.12 | +1.77% | -1.12% | +6.94% | +23.84% | 84 |
| VTR Ventas Inc | 2.29% | 81.60 | -0.67% | -2.73% | -7.64% | +6.13% | 1 |
| IRM Iron Mountain Inc | 2.08% | 127.83 | +1.91% | +2.82% | +3.49% | +55.36% | 61 |
| VICI Vici Properties Inc | 1.72% | 26.28 | -1.87% | -4.87% | -7.37% | -5.02% | 2 |
| EXR Extra Space Storage Inc | 1.69% | 145.33 | +0.98% | -2.23% | +3.58% | +12.90% | 64 |
| AVB Avalonbay Communities | 1.46% | 177.32 | -1.29% | -3.82% | -4.21% | -1.11% | 14 |
| EQR Equity Residential | 1.39% | 64.09 | -0.84% | -3.84% | -2.51% | +4.04% | 19 |
| INVH Invitation Homes Inc | 0.99% | 28.41 | -0.28% | -3.53% | -0.87% | +3.48% | 31 |
| ESS Essex Property Trust | 0.97% | 273.71 | -0.25% | -2.45% | +0.40% | +6.77% | 44 |
| WPC W.P. Carey & Company Llc | 0.90% | 71.22 | -1.40% | -5.77% | -4.47% | +12.20% | 9 |
| KIM Kimco Realty Corp | 0.89% | 24.38 | -0.45% | -5.32% | +5.55% | +22.95% | 76 |
| SUI Sun Communities | 0.86% | 118.46 | -2.82% | -5.87% | -2.85% | -3.54% | 17 |
| HST Host Marriott Financial Trust | 0.85% | 25.01 | +1.58% | +2.75% | +14.78% | +42.56% | 95 |
| MAA Mid-America Apartment Communities | 0.84% | 132.50 | -0.46% | -4.06% | +3.14% | -2.35% | 58 |
| OHI Omega Healthcare Investors | 0.79% | 44.53 | -0.25% | -1.66% | -8.64% | +3.41% | 0 |
| REG Regency Centers Corp | 0.79% | 76.88 | -0.63% | -3.82% | -0.59% | +12.46% | 33 |
| URW.PA UNIBAIL RODAMCO WE STAPLED UNITS | 0.77% | 99.46 | -0.94% | -0.28% | +2.54% | +12.20% | 56 |
| DOC Healthpeak Properties | 0.76% | 19.56 | +0.82% | -4.11% | +1.35% | +25.25% | 52 |
| GLPI Gaming & Leisure | 0.72% | 44.59 | -1.48% | -5.23% | -6.19% | +1.41% | 3 |
| SGRO.LSE SEGRO REIT PLC | 0.72% | 744.20 | -0.80% | +3.39% | +8.23% | +6.65% | 86 |
| UDR United Dominion Realty Trust | 0.69% | 37.56 | -0.24% | -3.96% | +0.43% | +4.91% | 45 |
| ELS Equity Lifestyle Properties | 0.67% | 62.19 | -1.00% | -2.74% | -1.11% | +3.50% | 30 |
| CPT Camden Property Trust | 0.62% | 108.99 | -0.33% | -4.76% | +3.74% | +0.09% | 66 |
| AMH American Homes 4 Rent | 0.61% | 31.71 | -0.38% | -2.95% | +0.00% | -0.06% | 38 |
| EGP Eastgroup Properties | 0.60% | 199.97 | +1.23% | -1.33% | -1.16% | +13.21% | 27 |
| FRT Federal Realty Investment Trust | 0.56% | 120.39 | -0.07% | -3.47% | +4.83% | +22.09% | 73 |
| BXP Bxp Inc | 0.53% | 64.70 | +2.60% | -2.31% | +10.28% | -2.81% | 92 |
| BRX Brixmor Property Group Inc | 0.52% | 30.91 | -0.13% | -3.95% | +3.52% | +20.59% | 63 |
| CUBE Cubesmart | 0.51% | 40.62 | +1.30% | -2.64% | +4.26% | +16.04% | 69 |
| NNN NNN REIT Inc | 0.47% | 45.00 | -0.29% | -2.41% | +0.36% | +16.81% | 43 |
| REXR Rexford Industrial Realty Inc | 0.47% | 33.12 | +2.00% | -4.58% | -5.40% | -13.31% | 5 |
| LI Li Auto Inc ADR | 0.46% | 35.88 | -0.50% | -2.13% | +3.58% | +9.38% | 65 |
| ARE Alexandria Real Estate Equities | 0.46% | 51.03 | +3.70% | -3.30% | +11.32% | +5.92% | 94 |
| FR First Industrial Realty Trust | 0.44% | 61.80 | +1.81% | -1.58% | +0.26% | +8.86% | 41 |
| MRL.MC MERLIN PROPERTIES REIT SA | 0.39% | 15.27 | +0.26% | +3.46% | +4.16% | +22.95% | 68 |
| HR Healthcare Realty Trust Inc. | 0.37% | 19.79 | -1.15% | -3.46% | -2.03% | +19.71% | 23 |
| LAND Gladstone Land Corp | 0.34% | 630.50 | -0.28% | +1.66% | +6.68% | +1.37% | 81 |
| LMP.LSE LONDONMETRIC PROPERTY REIT PLC | 0.31% | 182.00 | -0.22% | +0.50% | +0.17% | -0.78% | 40 |
| VNO Vornado Realty Trust | 0.31% | 37.81 | +3.70% | -2.98% | +24.70% | +13.61% | 98 |
| WDP.BR WAREHOUSES DE PAUW NV | 0.27% | 21.74 | -0.09% | +0.00% | -2.25% | +2.07% | 22 |
| CUZ Cousins Properties Inc | 0.25% | 28.28 | +2.06% | -2.35% | +8.98% | +12.67% | 89 |
| EPR Entertainment Properties Trust | 0.24% | 57.51 | -0.23% | -2.79% | -0.21% | +18.47% | 35 |
| GFC.PA GECINA SA | 0.24% | 73.35 | -0.20% | +0.62% | +1.38% | -5.72% | 53 |
| COLD Americold Realty Trust | 0.23% | 14.07 | -0.57% | -4.09% | +0.43% | +11.65% | 47 |
| KRC Kilroy Realty Corp | 0.22% | 36.81 | +1.83% | -4.88% | +10.14% | +0.42% | 91 |
| COV.PA COVIVIO SA | 0.19% | 53.70 | -1.56% | -0.65% | -1.47% | -2.67% | 25 |
| PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC | 0.18% | 91.20 | -0.33% | +0.00% | -0.11% | -3.30% | 36 |
| NSA National Storage Affiliates Tru | 0.17% | 44.45 | +1.88% | -1.10% | +6.72% | +60.52% | 82 |
| HIW Highwoods Properties | 0.15% | 29.28 | +2.31% | -3.21% | +16.28% | +18.23% | 97 |
| SHC Sotera Health Company | 0.14% | 15.82 | +2.33% | -3.48% | +3.87% | -10.32% | 67 |
| HMSO.LSE HAMMERSON REIT PLC | 0.13% | 344.20 | -0.69% | +2.08% | +8.44% | +7.22% | 88 |
| PK Park Hotels & Resorts Inc | 0.12% | 14.72 | +1.52% | +2.51% | +33.82% | +44.14% | 99 |
| BYG.LSE BIG YELLOW GROUP PLC | 0.11% | 867.50 | -0.34% | +3.89% | +6.83% | -15.13% | 83 |
| SRE Sempra | 0.11% | 90.69 | +0.49% | -0.93% | -0.68% | +3.43% | 32 |
| MONT.BR MONTEA NV | 0.09% | 65.90 | -0.30% | +0.30% | -3.28% | -6.32% | 15 |
| GPE.LSE GREAT PORTLAND ESTATES PLC | 0.09% | 321.40 | -0.50% | +3.48% | +9.90% | +2.69% | 90 |
| ECMPA.AS EUROCOMMERCIAL PROPERTIES NV | 0.08% | 27.40 | +0.00% | -1.26% | +0.31% | +12.59% | 42 |
| SUPR.LSE SUPERMARKET INCOME REIT PLC | 0.08% | 83.90 | +0.12% | -1.18% | +3.39% | +6.78% | 60 |
| MERY.PA MERCIALYS REIT SA | 0.07% | 11.68 | +0.00% | -2.67% | -2.50% | +15.82% | 20 |
| XIOR.BR XIOR STUDENT HOUSING NV | 0.07% | 26.00 | +0.00% | -1.33% | -5.14% | -7.27% | 8 |
| ICAD.PA Icad Inc | 0.06% | 20.60 | -2.28% | -2.83% | +1.18% | -6.36% | 51 |
| RET.BR RETAIL ESTATES NV | 0.05% | 68.90 | -0.86% | -2.82% | -1.15% | +7.99% | 28 |
| SHUR.BR SHURGARD SELF STORAGE LTD | 0.05% | 24.15 | +0.84% | +3.21% | +2.53% | -15.49% | 55 |
| AREIT.PA AREIT INC | 0.05% | 585.00 | +0.00% | +0.00% | -1.68% | +13.59% | 24 |
| THRL.LSE TARGET HEALTHCARE REIT PLC | 0.05% | 106.20 | -0.75% | -1.48% | +1.14% | +11.96% | 50 |
| WHA.AS WERELDHAVE NV | 0.05% | 19.80 | -1.74% | -3.88% | -4.35% | +9.42% | 11 |
| COFB.BR COFINIMMO REIT SA | 0.04% | 79.65 | -1.85% | -2.57% | -4.38% | +7.25% | 10 |
| CPINV.BR CARE PROPERTY INV NV | 0.04% | 12.44 | +0.48% | +0.16% | -5.35% | +5.51% | 6 |
| IRES.IR IRISH RESIDENTIAL PROPERTIES PLC | 0.04% | 1.11 | -0.89% | +1.28% | +4.53% | +18.12% | 70 |
| WKP.LSE WORKSPACE GROUP REIT PLC | 0.03% | 347.40 | -0.34% | +4.70% | +5.85% | -10.87% | 80 |
| PCTN.LSE PICTON PROPERTY INCOME LTD | 0.03% | 69.80 | +0.29% | -2.24% | -2.92% | -3.53% | 16 |
| CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC | 0.03% | 90.90 | +3.41% | +4.12% | +8.21% | +8.91% | 85 |
| HABA.XETRA HAMBORNER REIT N AG | 0.02% | 4.47 | -1.54% | -3.56% | -4.30% | +8.30% | 13 |
| NRR.LSE NEWRIVER REIT PLC | 0.02% | 74.00 | -0.67% | +0.23% | +2.61% | +12.27% | 57 |
| COF Capital One Financial Corp | 0.02% | 201.53 | +0.33% | +10.71% | +10.71% | -16.17% | 93 |
| SPG Simon Property Group | 0.02% | 211.33 | +0.70% | -1.64% | +5.21% | +15.48% | 74 |
| SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR | 0.02% | 46.15 | -1.07% | -2.43% | +0.09% | -11.85% | 39 |
| VASTB.BR VASTNED BELGIUM NV | 0.02% | 29.55 | +0.17% | -1.17% | -0.34% | -0.46% | 34 |
| HLCL.LSE HELICAL PLC | 0.01% | 192.00 | +0.63% | +3.78% | +5.61% | +1.80% | 77 |
| AEWU.LSE AEW UK REIT PLC | 0.01% | 105.80 | -0.56% | +0.19% | +0.76% | +1.95% | 48 |
| HOMI.BR HOME INVEST BELGIUM REIT SA | 0.01% | 19.40 | -0.41% | -2.61% | +3.19% | +11.56% | 59 |
| RGL.LSE REGIONAL REIT LTD | 0.01% | 92.60 | +1.20% | +2.32% | +5.80% | -9.10% | 78 |
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.