iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund designed to track the performance of Real Estate Investment Trusts (REITs) listed in the United States. The ETF is managed by BlackRock through the iShares platform and trades under the ticker USRT on NYSE Arca.

Classified as an equity ETF focused on the U.S. real estate sector, USRT seeks to reflect, before fees and expenses, the aggregated performance of the companies included in the FTSE Nareit Equity REITs Index.

The fund follows a passive management strategy, maintaining a portfolio composed primarily of U.S. equity REITs that own, operate, and manage physical real estate assets. The benchmark methodology applies eligibility, liquidity, and market-capitalization criteria, with constituents weighted by free-float-adjusted market capitalization.

Composition / Exposure profile

USRT provides exposure to the U.S. real estate market through REITs distributed across multiple segments, including:

• Residential properties
• Commercial real estate
• Industrial and logistics facilities
• Data centers
• Health care and specialized properties
• Real estate infrastructure

This composition reflects multiple segments of the listed U.S. real estate market.

Structure and costs

USRT shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. USRT may distribute income derived from dividends paid by REITs held in the portfolio.

History and evolution of the ETF

The iShares Core U.S. REIT ETF was launched in 2007, during a period of expansion in real estate ETFs focused on the U.S. REIT market. Since inception, the fund has been used by investors seeking broad exposure to the listed U.S. real estate sector through an index-based exchange-traded structure.

In recent years, USRT has reflected Federal Reserve monetary policy cycles, movements in real estate interest rates, changes in residential, industrial, and office market dynamics, and volatility across REIT markets.

Additional Information

iShares Core U.S. REIT ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $4.36 billion.

Over the past 12 months, iShares Core U.S. REIT ETF recorded a return of 11.71%, with its price trading between $56.61 and $69.82 during the same period.

The ETF is traded under the ticker USRT.