iShares Residential and Multisector Real Estate ETF · Sector ETF · graded on the House framework — is the payout covered, is the yield real or a trap, and does it compound or just pay? Snapshot · Week of October 19, 2026
REZiShares Residential and Multisector Real Estate ETFSector ETF
Yield
2.7%
TTM distributions $2.422 ÷ $89.77–$91.90 range observed Oct 28, 2026
Expense ratio
0.48%
0.48%, multiple sources, Oct 2026
Top-10 weight
68.2%
Top 10 68.2% — reported only, not graded: sector REIT ETF
Residential REIT sector fund with a rising payout — the fee above the §7 band holds the grade at warn. The fund tracks the FTSE Nareit All Residential Capped Index and has paid since May 2007. Distributions have risen three years running, from $1.828 in 2024 to $2.422 over the trailing twelve months. The top-10 weight of 68.2% is reported only and not graded, as a sector ETF. The 0.48% expense ratio sits above the House §7 band (>0.30%) and is flagged below.
Key risk: A sector fund: the payout follows residential REITs only, so a property-type slump hits the whole fund.
Changes if: The expense ratio falls to 0.30% or below.
!Expense ratio (§7)0.48% exceeds the 0.30% fail line in the §7 band; flagged here, graded with the fund’s record as other library dividend ETFs are.
✓Distribution trend (§7)Annual distributions rising three years running: $1.828 (2024) → $2.268 (2025) → $2.422 TTM.
!Concentration (report only)Top 10 68.2%, reported only and not graded — sector REIT ETF; concentration bands do not apply.
✓Yield / trap review (§8)2.7% yield, no trigger: under 8%, no cut, distributions are regular dividends.
What this grade doesn't say: It screens the dividend only — covered, real, compounding. It says nothing about valuation or price: a well-covered payer can still be overpriced, and its price can still fall.
REZ in the House
Room: Rental Income. Not one of the House's current holdings — the room is its place in the library, not a position in the House. Target 16% — REIT rent checks. Monthly distributions from real estate, the closest thing to a tenant’s check without owning the building.
Don't see the name you want? Look up a card — if it isn't in the library yet, it has no card. Or run the numbers yourself in the blended yield calculator.
Figures are the snapshot from the week of October 19, 2026, checked against the company's SEC filings (EDGAR) and announcements — not a live feed, and not financial advice. Read the full disclaimers.
