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Constituent dispersion · breadth vs the index

REET — Global REITs

96/325 covered · 73% by weight · benchmark: REET price · closes through 2026-09-24 ·holdings as of 2026-06-16

Concentration 36.33% in top 5 26.6 effective names · HHI 376
RS vs S&P 500 21d -7.75pp sector return − SPY
RS vs Nasdaq-100 21d -11.85pp sector return − QQQ
Broad decline - breadth is falling with price. Last 21 sessions — price -7.58% · A/D -447 (-4.66/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 -1.51% -1.15 +2pp +0.42pp Confirming ↓
1 month -7.58% -4.66 +19pp +1.92pp Confirming ↓
1 quarter -6.18% -4.39 +3pp +0.20pp Confirming ↓

Over the last 126 sessions: price up +4.57%, breadth up (+1.76/name) · % beating 42→60 · median−ETF -1.15pp→+1.06pp.

Dispersion by window

WindowETFMedianMedian − ETF Up / DownBeat / Lag±1% bandDispersion
1d -0.19% -0.14% +0.05pp 36 / 53 49 / 47 68 of 96 ±1%
5d -1.51% -1.65% -0.14pp 18 / 75 43 / 52 41 of 95 ±2.1%
21d -7.58% -6.43% +1.15pp 5 / 90 60 / 35 16 of 95 ±3.81%
YTD +5.09% +4.19% -0.90pp 57 / 38 44 / 51 7 of 95 ±15.3%

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)

  • WELL+1.63%+0.13pp
  • EQR+4.17%+0.06pp
  • AVB+2.02%+0.03pp
  • SPG+0.26%+0.01pp
  • AHR+1.18%+0.01pp
  • VICI-1.81%-0.03pp
  • EXR-1.20%-0.02pp
  • PSA-0.76%-0.02pp
  • IRM-0.87%-0.02pp
  • EQIX-0.28%-0.02pp

This month (21d)

  • AVB+0.37%+0.01pp
  • REXR+0.98%+0pp
  • STAG+0.51%+0pp
  • CPINV.BR+1.81%+0pp
  • COFB.BR+1.41%+0pp
  • PLD-6.64%-0.49pp
  • O-11.42%-0.36pp
  • PSA-11.81%-0.32pp
  • WELL-3.13%-0.26pp
  • SPG-6.53%-0.24pp

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)

  • CPINV.BR+1.81%
  • COFB.BR+1.41%
  • REXR+0.98%
  • STAG+0.51%
  • AVB+0.37%
  • VNO-13.92%
  • BXP-13.67%
  • MRL.MC-12.85%
  • GPE.LSE-12.54%
  • INVH-12.28%

REET — constituent leadership race

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

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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% 233.61 +1.63% +0.58% -3.13% +26.31% 79
PLD Prologis Inc 7.46% 133.82 -0.10% -1.01% -6.64% +5.67% 45
EQIX Equinix Inc 5.86% 1034.76 -0.28% +0.86% -3.60% +36.47% 73
DLR Digital Realty Trust 3.72% 181.00 -0.25% -1.77% -5.89% +17.79% 59
SPG Simon Property Group 3.69% 204.70 +0.26% +0.11% -6.53% +11.86% 46
O Realty Income Corp 3.17% 55.41 -0.36% -3.33% -11.42% +0.45% 11
PSA Public Storage 2.68% 284.56 -0.76% -5.39% -11.81% +10.77% 7
VTR Ventas Inc 2.29% 86.83 +0.22% -1.00% -7.46% +12.93% 38
IRM Iron Mountain Inc 2.08% 114.09 -0.87% +0.08% -5.63% +38.66% 61
VICI Vici Properties Inc 1.72% 23.27 -1.81% -3.48% -11.49% -15.90% 9
EXR Extra Space Storage Inc 1.69% 132.23 -1.20% -4.89% -8.73% +2.72% 28
AVB Avalonbay Communities 1.46% 68.14 +2.02% +7.04% +0.37% +7.13% 95
EQR Equity Residential 1.39% 0.38 +4.17% — — — —
INVH Invitation Homes Inc 0.99% 26.50 -0.49% -1.29% -12.28% -3.48% 4
ESS Essex Property Trust 0.97% 271.65 -0.67% +0.31% -6.97% +5.97% 43
WPC W.P. Carey & Company Llc 0.90% 65.95 -0.81% -0.86% -8.12% +3.89% 34
KIM Kimco Realty Corp 0.89% 22.25 +0.18% -1.42% -6.43% +12.21% 49
SUI Sun Communities 0.86% 111.13 -1.06% -3.32% -11.76% -9.51% 8
HST Host Marriott Financial Trust 0.85% 22.21 +0.27% +1.42% -3.43% +26.60% 75
MAA Mid-America Apartment Communities 0.84% 117.26 -0.44% -3.23% -11.15% -13.58% 14
OHI Omega Healthcare Investors 0.79% 46.33 +0.35% -2.20% -1.32% +7.59% 91
REG Regency Centers Corp 0.79% 72.92 +0.26% -0.27% -4.95% +6.67% 65
URW.PA UNIBAIL RODAMCO WE STAPLED UNITS 0.77% 92.36 -0.22% -2.14% -9.67% +4.19% 21
DOC Healthpeak Properties 0.76% 20.27 -1.03% -1.12% -6.42% +29.80% 51
GLPI Gaming & Leisure 0.72% 38.53 -1.83% -3.94% -10.46% -12.37% 19
SGRO.LSE SEGRO REIT PLC 0.72% 949.00 -0.11% +0.70% -1.96% +36.00% 85
UDR United Dominion Realty Trust 0.69% 33.55 -0.71% -1.93% -12.10% -6.29% 6
ELS Equity Lifestyle Properties 0.67% 59.55 -0.22% -2.54% -8.88% -0.89% 26
CPT Camden Property Trust 0.62% 97.41 -0.28% -3.49% -10.04% -10.54% 20
AMH American Homes 4 Rent 0.61% 30.67 -0.84% -1.95% -11.26% -3.34% 13
EGP Eastgroup Properties 0.60% 202.50 -0.05% +0.43% -0.14% +14.64% 94
FRT Federal Realty Investment Trust 0.56% 110.35 +0.88% -1.26% -6.28% +11.91% 54
BXP Bxp Inc 0.53% 62.27 -0.14% -2.60% -13.67% -6.46% 1
BRX Brixmor Property Group Inc 0.52% 27.73 +0.33% -1.14% -6.00% +8.18% 56
CTRE Caretrust REIT Inc 0.51% 37.32 +0.40% -2.23% -6.47% +5.33% 48
CUBE Cubesmart 0.51% 37.61 -1.39% -6.42% -7.41% +7.44% 39
AHR American Healthcare REIT Inc 0.49% 52.31 +1.18% -1.58% -8.31% +12.29% 32
ADC Agree Realty Corp 0.48% 67.18 +0.09% -1.44% -9.28% -4.08% 23
NNN NNN REIT Inc 0.47% 41.18 -0.36% -1.15% -10.71% +6.90% 16
REXR Rexford Industrial Realty Inc 0.47% 37.99 -0.42% -1.14% +0.98% -0.56% 97
LI Li Auto Inc ADR 0.46% 11.78 +0.68% -1.59% -3.99% -30.42% 69
ARE Alexandria Real Estate Equities 0.46% 50.48 -2.66% -10.40% -4.57% +4.78% 68
FR First Industrial Realty Trust 0.44% 61.36 +0.47% -1.64% -3.35% +8.09% 76
STAG Stag Industrial Inc 0.39% 37.29 +1.25% -0.53% +0.51% +3.57% 96
MRL.MC MERLIN PROPERTIES REIT SA 0.39% 12.14 -2.96% -2.88% -12.85% -2.25% 2
RHP Ryman Hospitality Properties REIT 0.38% 121.97 +1.02% +1.13% -8.26% +31.82% 33
TRNO Terreno Realty Corp 0.37% 66.43 +0.62% +0.30% -2.85% +15.03% 80
HR Healthcare Realty Trust Inc. 0.37% 17.83 -0.72% -3.10% -8.05% +7.86% 35
LAND Gladstone Land Corp 0.34% 618.50 -0.24% -2.98% -10.94% -0.56% 15
MAC Macerich Company 0.34% 22.64 -0.13% +0.40% -6.68% +24.60% 44
LMP.LSE LONDONMETRIC PROPERTY REIT PLC 0.31% 179.30 +0.50% -0.72% -6.30% -2.25% 53
VNO Vornado Realty Trust 0.31% 34.38 +0.64% -1.26% -13.92% +3.31% 0
WDP.BR WAREHOUSES DE PAUW NV 0.27% 20.38 -1.26% -3.32% -4.94% -4.32% 66
CUZ Cousins Properties Inc 0.25% 28.49 +0.85% +0.71% -5.66% +13.51% 60
EPR Entertainment Properties Trust 0.24% 56.81 -0.19% -0.61% -5.34% +17.03% 63
GFC.PA GECINA SA 0.24% 63.75 -1.39% -4.06% -10.65% -18.06% 17
COLD Americold Realty Trust 0.23% 14.36 -0.07% -3.36% -7.30% +13.95% 40
KRC Kilroy Realty Corp 0.22% 34.05 +0.03% -1.07% -8.47% -7.11% 31
COV.PA COVIVIO SA 0.19% 46.40 +0.13% -3.49% -9.46% -15.90% 22
PHP.LSE PRIMARY HEALTH PROPERTIES REIT PLC 0.18% 92.00 -0.86% -2.02% -5.20% -2.45% 64
NSA National Storage Affiliates Tru 0.17% 43.41 -1.67% -2.97% -2.34% +56.77% 83
LINE Lineage Inc 0.16% 36.18 -0.39% -4.64% -12.27% +6.39% 5
HIW Highwoods Properties 0.15% 30.01 +1.08% -2.53% -5.95% +21.18% 57
SHC Sotera Health Company 0.14% 18.45 +0.87% -2.64% -5.43% +4.59% 62
HMSO.LSE HAMMERSON REIT PLC 0.13% 347.00 +1.34% -0.97% -8.54% +8.10% 29
PK Park Hotels & Resorts Inc 0.12% 15.21 +0.93% +1.00% -5.94% +48.93% 58
BYG.LSE BIG YELLOW GROUP PLC 0.11% 822.00 +0.24% -1.56% -8.87% -19.59% 27
SRE Sempra 0.11% 77.74 -0.77% -4.61% -7.49% -11.34% 37
MONT.BR MONTEA NV 0.09% 62.60 -1.26% -2.95% -6.15% -11.01% 55
GPE.LSE GREAT PORTLAND ESTATES PLC 0.09% 305.40 +0.53% -1.48% -12.54% -2.43% 3
ECMPA.AS EUROCOMMERCIAL PROPERTIES NV 0.08% 26.55 +0.00% -3.45% -2.21% +9.10% 84
SUPR.LSE SUPERMARKET INCOME REIT PLC 0.08% 83.60 -0.42% -1.65% -1.94% +6.39% 86
MERY.PA MERCIALYS REIT SA 0.07% 10.24 -0.97% -4.48% -10.49% +1.54% 18
XIOR.BR XIOR STUDENT HOUSING NV 0.07% 24.60 -1.20% -2.96% -9.23% -12.26% 24
ICAD.PA Icad Inc 0.06% 16.65 +0.60% -1.83% -11.39% -24.32% 12
RET.BR RETAIL ESTATES NV 0.05% 63.90 +0.00% -1.84% -3.77% +0.16% 72
SHUR.BR SHURGARD SELF STORAGE LTD 0.05% 22.95 -0.43% -1.71% -1.29% -19.69% 92
AREIT.PA AREIT INC 0.05% 560.00 +0.00% +0.00% -2.61% +8.74% 81
THRL.LSE TARGET HEALTHCARE REIT PLC 0.05% 113.00 +0.00% +1.62% -0.18% +19.13% 93
WHA.AS WERELDHAVE NV 0.05% 17.80 -0.45% -2.73% -3.78% -1.63% 71
COFB.BR COFINIMMO REIT SA 0.04% 82.85 -1.84% +2.79% +1.41% +11.56% 98
CPINV.BR CARE PROPERTY INV NV 0.04% 12.38 +0.49% -1.90% +1.81% +5.00% 99
IRES.IR IRISH RESIDENTIAL PROPERTIES PLC 0.04% 1.06 -1.49% -1.85% -1.58% +13.01% 87
WKP.LSE WORKSPACE GROUP REIT PLC 0.03% 351.40 -1.29% -3.30% -3.25% -9.85% 77
PCTN.LSE PICTON PROPERTY INCOME LTD 0.03% 70.00 +0.00% -2.10% -3.45% -3.25% 74
CREI.LSE CUSTODIAN PROPERTY INCOME REIT PLC 0.03% 80.10 -1.11% -1.23% -1.35% -4.03% 89
HABA.XETRA HAMBORNER REIT N AG 0.02% 4.18 -1.41% -0.95% -3.24% +1.28% 78
NRR.LSE NEWRIVER REIT PLC 0.02% 77.00 +0.00% -2.04% -6.33% +16.82% 52
COF Capital One Financial Corp 0.02% 196.61 +0.26% -2.69% -9.08% -18.22% 25
SPG Simon Property Group 0.02% 204.70 +0.26% +0.11% -6.53% +11.86% 46
SREI.LSE SCHRODER REAL ESTATE INVESTMENT TR 0.02% 41.25 +0.61% +1.35% -4.84% -21.21% 67
VASTB.BR VASTNED BELGIUM NV 0.02% 28.20 +0.00% +0.00% -1.40% -5.01% 88
HLCL.LSE HELICAL PLC 0.01% 186.00 -1.06% -0.27% -7.00% -1.38% 41
AEWU.LSE AEW UK REIT PLC 0.01% 103.20 +0.19% -1.15% -2.46% -0.56% 82
HOMI.BR HOME INVEST BELGIUM REIT SA 0.01% 17.62 -1.12% -2.33% -6.97% +1.32% 42
RGL.LSE REGIONAL REIT LTD 0.01% 88.60 -1.23% -2.96% -7.90% -13.02% 36

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 2026-09-24: over 21 sessions the fund returned -7.58% while its median constituent returned -6.43% — a dispersion of 3.81 pp; 63% 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 2026-09-24: fund -0.19%, median member -0.14%, 36 advancers vs 53 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.