REZ - ETF AI Analysis

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iShares Residential and Multisector Real Estate ETF (REZ)

Rating:70Neutral

Price Target:―

The iShares Residential and Multisector Real Estate ETF (REZ) has a solid overall rating, reflecting a mix of strengths and challenges among its holdings. Welltower (WELL), the largest holding, significantly boosts the fund's rating with its strong financial performance and strategic growth in the senior housing sector. However, some smaller holdings, such as Extra Space Storage (EXR) and Essex Property (ESS), face bearish technical trends and operational challenges, which slightly weigh down the ETF's overall score. Additionally, the fund's heavy concentration in real estate could pose risks during sector-specific downturns.

Positive Factors

Strong Performance from Top Holding

The ETF's largest position, Welltower, has delivered strong year-to-date gains, contributing positively to overall returns.

Focused Sector Exposure

The ETF's concentration in the real estate sector provides targeted exposure to a stable and income-generating industry.

Steady Asset Growth

The fund has a healthy level of assets under management, indicating investor confidence and stability.

Negative Factors

Over-Concentration in Real Estate

With nearly all assets in the real estate sector, the ETF is highly sensitive to downturns in this specific industry.

Weak Performance of Several Holdings

Several top holdings, including AvalonBay and Equity Residential, have underperformed year-to-date, which could drag on overall returns.

High Geographic Concentration

The ETF is almost entirely invested in U.S. companies, limiting diversification and exposure to international markets.

REZ vs. SPDR S&P 500 ETF (SPY)

AUM777.19M

RegionNorth America

Expense Ratio0.48%

Beta0.42

IssueriShares

Inception DateMay 01, 2007

Dividend Yield2.74%

Asset ClassEquity

Index TrackedFTSE Nareit All Residential Capped Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume108,355

30 Day Avg. Volume58,228

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

93.97

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering40

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

REZ Summary

The iShares Residential and Multisector Real Estate ETF (REZ) focuses on real estate investment trusts (REITs) tied to residential properties like apartment buildings and manufactured home communities, as well as multisector real estate. It follows the FTSE Nareit All Residential Capped Index and includes well-known companies such as Welltower and Public Storage. This ETF could be a good choice for investors seeking diversification and steady income from the real estate sector, which plays a key role in the economy. However, new investors should know that the fund’s performance can fluctuate with the real estate market, which is sensitive to interest rates and economic conditions.

How much will it cost me?The iShares Residential and Multisector Real Estate ETF (REZ) has an expense ratio of 0.48%, meaning you’ll pay $4.80 per year for every $1,000 invested. This is slightly higher than average because it is a sector-focused ETF, which typically involves more specialized management compared to broad-market index funds.

What would affect this ETF?The REZ ETF could benefit from rising housing demand and urban development trends, especially in the U.S., as well as the stability of residential REITs like Welltower and Public Storage. However, it may face challenges from higher interest rates, which can increase borrowing costs for real estate companies, and economic slowdowns that could reduce property values and rental income. Regulatory changes in the housing market could also impact the performance of its top holdings.

REZ Top 10 Holdings

The REZ ETF is heavily concentrated in U.S. residential real estate, with Welltower leading the charge thanks to its steady performance and strategic focus on senior housing. Ventas is also rising, buoyed by its improved leverage and focus on senior living. However, names like Public Storage and Extra Space Storage are lagging, weighed down by bearish momentum and valuation concerns. The fund’s reliance on REITs tied to housing and storage creates a thematic concentration, making it sensitive to shifts in the real estate market. Overall, the ETF’s performance is a mixed bag, with some holdings pulling ahead while others struggle to keep pace.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WELL	Welltower	25.35%	$197.97M	$129.83B	51.47%	77 Outperform
PSA	Public Storage	6.86%	$53.54M	$46.88B	-9.66%	73 Outperform
VTR	Ventas	6.01%	$46.95M	$37.97B	38.42%	68 Neutral
EXR	Extra Space Storage	4.58%	$35.77M	$29.22B	-8.05%	66 Neutral
AVB	AvalonBay	4.28%	$33.43M	$25.67B	-16.54%	74 Outperform
EQR	Equity Residential	4.22%	$32.94M	$23.58B	-10.65%	70 Outperform
INVH	Invitation Homes	3.94%	$30.76M	$16.77B	-13.59%	69 Neutral
ESS	Essex Property	3.91%	$30.51M	$17.50B	-6.43%	69 Neutral
MAA	Mid-America Apartment	3.72%	$29.09M	$16.47B	-8.78%	71 Outperform
SUI	Sun Communities	3.65%	$28.48M	$15.35B	2.54%	66 Neutral

REZ Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

83.18

Negative

100DMA

82.63

Positive

200DMA

81.96

Positive

Market Momentum

MACD

-0.27

Positive

RSI

45.46

Neutral

STOCH

13.27

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For REZ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 84.05, equal to the 50-day MA of 83.18, and equal to the 200-day MA of 81.96, indicating a neutral trend. The MACD of -0.27 indicates Positive momentum. The RSI at 45.46 is Neutral, neither overbought nor oversold. The STOCH value of 13.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for REZ.

REZ Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
REZ	―	―	$777.19M	0.48%	―
BBRE	―	―	$955.61M	0.11%	―
JPRE	―	―	$459.99M	0.50%	―
KBWY	―	―	$253.04M	0.35%	―
IYRI	―	―	$167.31M	0.68%	―
RSPR	―	―	$103.83M	0.40%	―

Performance Comparison

REZ

iShares Residential and Multisector Real Estate ETF

82.78

4.36

5.56%

BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF

―

JPRE

JPMorgan Realty Income ETF

―

KBWY

Invesco KBW Premium Yield Equity REIT ETF

―

IYRI

NEOS Real Estate High Income ETF

―

RSPR

Invesco S&P 500 Equal Weight Real Estate ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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