iShares Residential and Multisector Real Estate ETF(REZ · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

REZ $93.25
Snapshot
$93.25
52-Week Range
$80.86 – $100.43
YTD
+12.80%
IV Rank (30D)
10.08
Straddle Price
$3.75
P/C Vol Ratio
2.55
Info

iShares Residential and Multisector Real Estate ETF (REZ) ETF

Exchange
ARCX
Inception
2007-05-01
Has Options
Yes
ETF Profile
holdings as of 2026-09-03
Holdings
40
AUM
$853.5M
Provider
iShares (BlackRock)
Inception
2007-05-01
Exchange
ARCX
Data As Of
2026-09-03
Expense Ratio
Dividend Yield
2.02%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-06-15 2026-06-18 $0.5065 CD
2025-12-16 2025-12-19 $0.9065 CD
2025-09-16 2025-09-19 $0.4731 CD
2025-06-16 2025-06-20 $0.5188 CD
2025-03-18 2025-03-21 $0.3690 CD
2024-12-17 2024-12-20 $0.6406 CD
Asset Allocation
Top Holdings
top 40 of 40 holdings
Symbol Name Weight % Asset Class Country
WELL WELLTOWER 25.28% Equity (US) US
PSA PUBLIC STORAGE REIT 9.36% Equity (US) US
VMRK VIVMARK RESIDENTIAL 8.43% Equity (US) US
VTR VENTAS REIT 8.13% Equity (US) US
EXR EXTRA SPACE STORAGE REIT 5.38% Equity (US) US
ESS ESSEX PROPERTY TRUST REIT 3.70% Equity (US) US
INVH INVITATION HOMES 3.50% Equity (US) US
MAA MID AMERICA APARTMENT COMMUNITIES 3.09% Equity (US) US
SUI SUN COMMUNITIES REIT INC 3.04% Equity (US) US
DOC HEALTHPEAK PROPERTIES INC 3.03% Equity (US) US
OHI OMEGA HEALTHCARE INVESTORS REIT 2.91% Equity (US) US
ELS EQUITY LIFESTYLE PROPERTIES REIT I 2.51% Equity (US) US
UDR UDR REIT 2.45% Equity (US) US
AMH AMERICAN HOMES RENT REIT CLASS A 2.28% Equity (US) US
AHR AMERICAN HEALTHCARE REIT 2.21% Equity (US) US
CPT CAMDEN PROPERTY TRUST REIT 2.16% Equity (US) US
ARE ALEXANDRIA REAL ESTATE EQUITIES RE 1.88% Equity (US) US
CUBE CUBESMART REIT 1.87% Equity (US) US
CTRE CARETRUST REIT 1.82% Equity (US) US
HR HEALTHCARE REALTY TRUST INC CLASS 1.34% Equity (US) US
SBRA SABRA HEALTH CARE REIT 1.08% Equity (US) US
IRT INDEPENDENCE REALTY 0.78% Equity (US) US
NHI NATIONAL HEALTH INVESTORS REIT 0.71% Equity (US) US
LTC LTC PROPERTIES REIT 0.42% Equity (US) US
MPT MEDICAL PROPERTIES TRUST REIT INC 0.42% Equity (US) US
SMA SMARTSTOP SELF STORAGE REIT INC 0.38% Equity (US) US
DHC DIVERSIFIED HEALTHCARE TRUST 0.35% Equity (US) US
JAN JANUS LIVING INC CLASS A 0.30% Equity (US) US
UMH UMH PROPERTIES INC 0.27% Equity (US) US
XTSLA BLK CSH FND TREASURY SL AGENCY 0.21% Cash/Money Market US
CSR CENTERSPACE 0.18% Equity (US) US
NHP NATIONAL HEALTHCARE PROPERTIES CLA 0.15% Equity (US) US
NXRT NEXPOINT RESIDENTIAL TRUST INC 0.11% Equity (US) US
UHT UNIVERSAL HEALTH REALTY INCOME TRU 0.11% Equity (US) US
XRN CHIRON REAL ESTATE INC 0.09% Equity (US) US
CHCT COMMUNITY HEALTHCARE TRUST INC 0.08% Equity (US) US
BRT BRT APARTMENTS CORP 0.03% Equity (US) US
JPFFT CASH COLLATERAL USD JPFFT 0.01% Cash/Money Market US
DJEU6 DOW JONES US REAL ESTATE SEP 26 0.00% Derivative
USD USD CASH -0.04% Cash/Money Market US
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan -0.15% 6
Feb +2.00% 6
Mar -1.21% 6
Apr +0.68% 6
May +0.04% 6
Jun +1.15% 6
Jul +3.38% 6
Aug -0.41% 6
Sep -4.02% 6
Oct -1.99% 5
Nov +3.58% 5
Dec -0.78% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $94.87
SMA 50: $95.97
SMA 200: $89.27
Current: $93.25
EMA 12: $94.60
EMA 26: $95.08
MACD: -0.4793 | Signal: -0.2215
BEARISH
ADX (14): 13.79
RANGE
+DI: 20.86
−DI: 32.50

Momentum Oscillators

RSI (14): 39.55
NEUTRAL
Stoch %K: 14.10
Stoch %D: 18.48
Williams %R: -99.04

Volume & Volatility

BB Upper: $96.97
BB Lower: $92.76
NEUTRAL
OBV: -1,618,079
Vol SMA 20: 60,596
Vol ROC: -3.94%
ATR: $1.16
True Range: $1.23
HV 20: 15.0%
HV 30: 15.4%
HV 60: 17.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-09T00:00:00 – 2026-09-04T00:00:00
AI Analysis

LLM Stock Analysis Report: REZ

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10

Key Drivers:

  • Technical indicators suggest a range-bound market with no clear direction
  • Low volatility signals low risk, but IV premium indicates higher-than-expected short-term moves
  • News sentiment is mixed, with some positive news on AvalonBay and Equity Residential's merger, but neutral/bearish news on mortgage rates and home prices

Primary Risks:

  • Range-bound market could lead to consolidation or trading range breakout
  • Low volatility may indicate a low-risk environment, but IV premium suggests potential for higher-than-expected short-term moves
  • Mixed news sentiment may impact stock price in the short term

Investment Thesis: REZ is a stable real estate play with relatively low risk. The current market conditions suggest a consolidation phase, which could lead to a potential breakout or continued range-bound trading.

Recent News Sentiment Impact: The positive news on AvalonBay and Equity Residential's merger has contributed to the stock's recent price action, but the neutral/bearish news on mortgage rates and home prices may weigh on sentiment in the short term.

Technical Analysis

Trend Direction: NEUTRAL (range-bound)

Support/Resistance Levels:

  • Lower band: $92.76
  • Middle band: $94.87
  • Upper band: $96.97

Momentum Signals: RSI: 39.55 (neutral) MACD: -0.48 / Signal: -0.22 / Histogram: -0.26 (bearish)

Volume Analysis: Volume SMA 20: 60596.96 On-Balance Volume (OBV): -1618079.66

News & Sentiment Analysis

Recent Headlines Summary:

  • Positive news on AvalonBay and Equity Residential's merger
  • Neutral/bearish news on mortgage rates and home prices
  • Mixed sentiment overall

Sentiment Assessment: NEUTRAL (50% positive, 50% negative)

Catalyst Identification: No specific catalysts identified in the short term.

Market Narrative: The market is currently range-bound, with no clear direction. The recent news has been mixed, but the stock's price action suggests a consolidation phase.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: 0.11 (vs SPY)
  • Alpha: 0.08
  • Correlation: 0.09
  • Stock Volatility: 0.16

Options Market Signals: IV Rank: 10.1% (Low - shows if volatility is historically high/low) Current IV: 21.7% Expected Move: $3.75 (42 DTE), 7-DTE: $2.77

Market Context & Positioning

Sector Performance:

  • Real Estate sector performance has been mixed in recent weeks, with some positive news on merger and acquisitions.

Institutional Activity: No specific institutional activity noted.

Correlation Analysis: The stock's price action is highly correlated with the broader market (R-squared: 0.92).

Relative Valuation: REZ is trading within a relatively tight range, suggesting fair value based on recent earnings and growth prospects.

Key Levels & Action Items

Critical Price Levels:

  • Lower band: $92.76
  • Middle band: $94.87
  • Upper band: $96.97

Breakout/Breakdown Levels: No specific levels identified for a potential breakout or breakdown.

Time-Sensitive Catalysts: No specific catalysts identified in the short term.

Risk Management: Stop-loss levels and position sizing considerations should be based on the current range-bound market conditions, with a focus on protecting profits and limiting losses.

Generated
News
Options Activity
IV Rank (30D)
10.08
IV Rank (7D)
43.39
Avg IV
21.7%
Straddle (30D)
$3.75
Straddle (7D)
$2.77
P/C Volume
2.55
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
pts EXTREME
ATM — / Wing —
30 DTE / 10d
pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.11
Correlation (SPY)
9.1%
0.01
Ann. Volatility
15.8%
SPY Volatility
12.8%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month