Would you have on-hand a breakdown of their holdings (industrials, residential, retail, office). Could these ETF have private holdings? Thanks a million.
For liquidity purposes and a better trading 'profile', we like XRE due to its larger AUM. But, for the portfolio structure, and the ability to outperform as underperforming REIT sectors see outsized returns, we like the equal-weight approach of ZRE. Much depends on the individual preferences for each investor; the style of an equal-weight approach and historical outperformance for liquidity.
XRE's breakdown is as follows: Retail REITs (40%), multi-family residential REITs (30%), industrial (18%), diversified (5%), Office (5%), healthcare (2%).
ZREs breakdown is: Retail REITs (39%), industrial (9%), diversified (8%), Office (4%), healthcare (6%), health care facilities (6%).
In theory, both ETFs could have private holdings, but it would be unusual.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZRE.