5 Best Real Estate ETFs To Buy Now

In this article, we discuss 5 best real estate ETFs to buy. If you want to read our discussion on the real estate market, head directly to 10 Best Real Estate ETFs To Buy Now. 

5. iShares Core U.S. REIT ETF (NYSE:USRT)

5-Year Share Price Performance as of March 29: 2.89%

iShares Core U.S. REIT ETF (NYSE:USRT) aims to mirror the performance of the FTSE Nareit Equity REITs Index. This fund caters to investors seeking both income and growth, offering broad exposure to different sectors of the US real estate market. As of March 28, 2024, the fund’s net assets amounted to $2.3 billion and its net expense ratio came in at 0.08%. The ETF’s portfolio consists of 131 stocks. 

Public Storage (NYSE:PSA) is one of the top holdings of iShares Core U.S. REIT ETF (NYSE:USRT). The company specializes in acquiring, developing, owning, and operating self-storage facilities. Public Storage (NYSE:PSA) paid a $3.00 per share quarterly dividend to shareholders on March 28. 

According to Insider Monkey’s fourth quarter database, 28 hedge funds were bullish on Public Storage (NYSE:PSA), compared to 24 funds in the last quarter. Ken Griffin’s Citadel Investment Group is the largest stakeholder of the company, with 725,865 shares worth $221.4 million. 

Baron Real Estate Fund stated the following regarding Public Storage (NYSE:PSA) in its fourth quarter 2023 investor letter:

“In the most recently reported quarter, business results for Public Storage (NYSE:PSA), a REIT that is the world’s largest owner, operator, and developer of self-storage facilities, were mildly disappointing as occupancy trends and rents moderated as a result of less housing-related movement and a more price-sensitive consumer. We decided to sell our position because we believe near-term rent and overall cash-flow growth may remain subdued. We are likely to revisit Public Storage in the future.”