--- title: "GQRE vs. ICF: A Matchup of Two Real Estate ETFs" type: "News" locale: "en" url: "https://longbridge.com/en/news/279822478.md" description: "The comparison between the FlexShares Global Quality Real Estate Index Fund (GQRE) and the iShares Select U.S. REIT ETF (ICF) highlights key differences. GQRE has a higher expense ratio (0.46%) but offers a better dividend yield (4.5%) compared to ICF's 2.7%. While ICF has shown stronger five-year growth and lower costs, GQRE provides broader global exposure with 219 holdings versus ICF's 30. Investors should consider their preferences for income versus growth and domestic versus global exposure when choosing between these two real estate ETFs." datetime: "2026-03-19T16:10:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279822478.md) - [en](https://longbridge.com/en/news/279822478.md) - [zh-HK](https://longbridge.com/zh-HK/news/279822478.md) --- # GQRE vs. ICF: A Matchup of Two Real Estate ETFs ## Key Points - GQRE charges a higher expense ratio but offers a notably higher dividend yield than ICF - ICF has delivered stronger five-year growth, while GQRE provides broader diversification across more holdings - Both funds focus on real estate, but GQRE includes global exposure and a larger number of REITs - 10 stocks we like better than FlexShares Trust - FlexShares Global Quality Real Estate Index Fund › **The iShares Select U.S. REIT ETF** (NYSEMKT:ICF) keeps costs lower and has outperformed over five years, while the **FlexShares Global Quality Real Estate Index Fund**(NYSEMKT:GQRE)offers global diversification and a much higher yield, though at a higher fee. Both ICF and GQRE aim to deliver real estate exposure through baskets of REITs, but their approaches diverge: ICF focuses exclusively on U.S. names, while GQRE spans global markets with a quality filter. This comparison looks at cost, performance, risk, and what each fund actually owns. ## Snapshot (cost & size) Metric ICF GQRE Issuer IShares FlexShares Expense ratio 0.32% 0.46% 1-yr return (as of 2026-03-16) 4.2% 6.4% Dividend yield 2.7% 4.5% Beta 0.98 0.93 AUM $2.0 billion $355.0 million _Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months._ ICF looks more affordable on fees, while GQRE commands a premium but compensates with a higher payout, offering a 1.8 percentage point yield advantage for income-focused investors. ## Performance & risk comparison Metric ICF GQRE Max drawdown (5 y) \-34.75% \-35.08% Growth of $1,000 over 5 years $1,117 $1,013 ## What's inside GQRE tracks a global real estate index, holding 219 securities with a strict quality overlay and 100% real estate allocation, and has been around for more than 12 years. Its top holdings include **American Tower Corp Reit**(NYSE:AMT), **Prologis Inc Reit**(NYSE:PLD), and **Welltower Inc**(NYSE:WELL), with no unusual quirks or leverage resets, making it a straightforward global REIT play. By contrast, ICF focuses solely on the U.S. real estate sector and holds just 30 names, heavily weighted toward large, established REITs such as **Equinix Reit Inc** (NASDAQ:EQIX), Welltower Inc, and American Tower Reit Corp. Both funds are pure real estate, but ICF is far more concentrated and U.S.-centric. For more guidance on ETF investing, check out the full guide at this link. ## What this means for investors Real estate exchange-traded funds (ETFs) can be a great way for average investors to add real estate exposure to their portfolios. Let’s dive into a head-to-head comparison between the iShares Select U.S. REIT ETF (ICF) and the FlexShares Global Quality Real Estate Index Fund (GQRE). Starting with ICF, this fund has several advantages. First, it has a lower expense ratio than GQRE (0.32% vs. 0.46%). Second, it has a significantly higher AUM of $2.6 billion vs. $0.3 billion for its rival. That makes it easier for investors to buy and sell shares, particularly in volatile conditions. Lastly, ICF focuses solely on the U.S. market and has only 30 holdings. That makes it ideal for investors with a domestic focus or those who want a lower level of diversification in their real estate ETF. Turning to GQRE, it also has an edge in some areas. First, GQRE has achieved a better return over the past year (6.4% vs. 4.2%). It also has a significantly higher dividend yield (4.5% vs. 2.7%). In summary, ICF is better suited for cost-conscious investors and those who want to own only U.S.-based stocks. GQRE, on the other hand, delivers higher income thanks to its higher dividend yield and can claim a higher return over the past year. As always, investors must weigh these differences against their personal preferences and investment goals. ## Should you buy stock in FlexShares Trust - FlexShares Global Quality Real Estate Index Fund right now? Before you buy stock in FlexShares Trust - FlexShares Global Quality Real Estate Index Fund, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and FlexShares Trust - FlexShares Global Quality Real Estate Index Fund wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $510,710**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,105,949**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** See the 10 stocks » _\*Stock Advisor returns as of March 19, 2026._ _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._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [GQRE.US](https://longbridge.com/en/quote/GQRE.US.md) - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) - [REET.US](https://longbridge.com/en/quote/REET.US.md) - [REZ.US](https://longbridge.com/en/quote/REZ.US.md) - [ICF.US](https://longbridge.com/en/quote/ICF.US.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [WTRE.US](https://longbridge.com/en/quote/WTRE.US.md) - [RWR.US](https://longbridge.com/en/quote/RWR.US.md) - [SCHH.US](https://longbridge.com/en/quote/SCHH.US.md) - [RWO.US](https://longbridge.com/en/quote/RWO.US.md) ## Related News & Research - [00:09 ETDIE COOLTURE-REVOLUTION: REALTY ONE GROUP INTERNATIONAL DURCHBRICHT UNTERNEHMENSSTAGNATION](https://longbridge.com/en/news/284490358.md) - [Welltower Issues Business Update | WELL Stock News](https://longbridge.com/en/news/284441355.md) - [Gaming & Leisure Properties 10-Q: $420M real estate income, $0.82 diluted EPS](https://longbridge.com/en/news/283887787.md) - [12:30 ETBoosalis Properties Named Among CoStar's Top Retail Brokers in Washington, D.C. 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