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<h2>Key Points</h2><ul><li>ICF charges a higher expense ratio and yields less than REET</li><li>ICF is more concentrated, holding just 30 U.S. REITs versus REET’s 325 global holdings</li><li>Over five years, ICF showed stronger growth but experienced a deeper drawdown than REET</li><li>10 stocks we like better than iShares Trust - iShares Select U.s. REIT ETF ›</li></ul><p><strong>iShares Global REIT ETF</strong> <span class="ticker">(NYSEMKT:REET)</span> offers broader global exposure and a lower fee, while <strong>iShares Select U.S. REIT ETF</strong> <span class="ticker">(NYSEMKT:ICF)</span> focuses on a concentrated U.S. REIT lineup with higher volatility and lower yields.</p><p>Both REET and ICF track real estate investment trusts, but their approaches differ: REET casts a wide net across global markets, while ICF focuses on a select group of large-cap U.S. REITs. This comparison unpacks their costs, risk profiles, and portfolio makeup to help investors decide which may better match their real estate allocation goals.</p><h2 id="snapshot-cost-amp-size">Snapshot (cost &amp; size)</h2><section><table><tbody><tr><th>Metric</th><th>REET</th><th>ICF</th></tr><tr><td>Issuer</td><td>IShares</td><td>IShares</td></tr><tr><td>Expense ratio</td><td>0.14%</td><td>0.32%</td></tr><tr><td>1-yr return (as of 2026-03-16)</td><td>6.5%</td><td>4.2%</td></tr><tr><td>Dividend yield</td><td>3.5%</td><td>2.7%</td></tr><tr><td>Beta</td><td>0.95</td><td>0.98</td></tr><tr><td>AUM</td><td>$4.6 billion</td><td>$2.0 billion</td></tr></tbody></table></section><p><em>Beta measures price volatility relative to the S&amp;P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months.</em></p><p>ICF charges about double the annual fee of REET, making REET the more affordable option for cost-conscious investors. REET also offers a higher payout, with a 3.5% yield versus ICF’s 2.7%.</p><h2 id="performance-amp-risk-comparison">Performance &amp; risk comparison</h2><section><table><tbody><tr><th>Metric</th><th>REET</th><th>ICF</th></tr><tr><td>Max drawdown (5 y)</td><td>-32.14%</td><td>-34.75%</td></tr><tr><td>Growth of $1,000 over 5 years</td><td>$1,004</td><td>$1,117</td></tr></tbody></table></section><h2 id="whatx27s-inside">What's inside</h2><p>ICF is built around just 30 U.S. real estate investment trusts and has a long track record, with 25.1 years since its launch. Its top holdings include <strong>Equinix Reit Inc</strong> <span class="ticker">(NASDAQ:EQIX)</span>, <strong>Welltower Inc</strong> <span class="ticker">(NYSE:WELL)</span>, and <strong>American Tower Reit Corp</strong> <span class="ticker">(NYSE:AMT)</span>, which together account for a substantial slice of the fund. This concentrated approach leads to sector purity—100% real estate—with no exposure to international markets or other sectors. The fund goes ex-dividend on March 17, 2026.</p><p>In contrast, REET owns 325 holdings spanning both developed and emerging markets, offering exposure to a wider variety of property types and geographies. Its top positions—Welltower Inc, <strong>Prologis Reit Inc</strong> <span class="ticker">(NYSE:PLD)</span>Equinix Reit Inc—reflects its global focus, though there is overlap with ICF. REET’s diversification may appeal to those seeking broader real estate exposure and less single-market risk.</p><p>For more guidance on ETF investing, check out the full guide at this link.</p><h2 id="what-this-means-for-investors">What this means for investors</h2><p>Many investors choose to diversify their investment portfolios by adding a real estate component, which is a smart choice. Real estate exchange-traded funds (ETFs) are often the best choice. Here’s how two prominent real estate ETFs, iShares Global REIT ETF (REET) and iShares Select U.S. REIT ETF (ICF), compare to one another.</p><p>To begin, let’s talk about REET. This fund wins the head-to-head matchup on several key factors. For one, it has a lower expense ratio (0.14% vs. 0.32%). It also has a higher dividend yield (3.5% vs. 2.7%). Finally, it has performed better over the last year (6.5% vs. 4.2%). </p><p>However, there are areas where ICF excels. For one, it is more concentrated, which will appeal to some investors, particularly because those 30 holdings are U.S. REITs. In addition, the fund boasts a higher five-year return than REET. </p><p>In summary, both REET and ICF should be considered by investors seeking real estate exposure for their portfolio. As is most often the case, the choice will be a personal one, guided by individual investment preferences.</p><p></p><p></p><h2>Should you buy stock in iShares Trust - iShares Select U.s. REIT ETF right now?</h2>
<p>Before you buy stock in iShares Trust - iShares Select U.s. REIT ETF, consider this:</p>
<p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and iShares Trust - iShares Select U.s. REIT ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
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<p style="color: #767676; text-align: left"><em>*Stock Advisor returns as of March 18, 2026. </em></p><p><em>Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends American Tower, Equinix, and Prologis. The Motley Fool has a disclosure policy.</em></p>
<p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
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SCHH

XLRE

REET

GQRE

<p>The iShares Global REIT ETF (REET) offers broader global exposure and lower fees compared to the iShares Select U.S. REIT ETF (ICF), which focuses on a concentrated U.S. REIT lineup. REET has a lower expense ratio (0.14% vs. 0.32%) and a higher dividend yield (3.5% vs. 2.7%). While ICF has shown stronger growth over five years, it has a higher volatility and deeper drawdown. Investors should consider their preferences for diversification versus concentration when choosing between these ETFs.</p>

nasdaq

SPDR Dow Jones Global Real Estate ETF

Schw Us Reit

SPDR Dow Jones REIT ETF

Vanguard Real Estate ETF

iShares Cohen & Steers REIT

iShares US Real Estate ETF

Real Est Select Spdr

iShares Global REIT

FlexShares Glbl Quality Real Estate ETF

REET Delivers a Higher Yield, But ICF Provides Greater Exposure to the U.S. REIT Market