State Street SPDR Dow Jones REIT ETF (RWR)
| Assets | $1.69B |
| Expense Ratio | 0.25% |
| PE Ratio | 32.04 |
| Shares Out | 16.01M |
| Dividend (ttm) | $3.72 |
| Dividend Yield | 3.44% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Ratio | 110.09% |
| 1-Year Return | +5.83% |
| Volume | 637,417 |
| Open | 108.20 |
| Previous Close | 108.48 |
| Day's Range | 107.89 - 109.24 |
| 52-Week Low | 83.14 |
| 52-Week High | 109.24 |
| Beta | 1.03 |
| Holdings | 103 |
| Inception Date | Apr 23, 2001 |
About RWR
Fund Home PageThe State Street SPDR Dow Jones REIT ETF (RWR) is an exchange-traded fund that is based on the Dow Jones U.S. Select REIT Capped index. The fund tracks a market cap-weighted index of firms involved in the ownership and operation of commercial, residential, healthcare, and other real estate. RWR was launched on Apr 23, 2001 and is issued by State Street.
Top 10 Holdings
50.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 9.92% |
| Welltower Inc. | WELL | 9.49% |
| Simon Property Group, Inc. | SPG | 4.51% |
| Public Storage | PSA | 4.43% |
| Realty Income Corporation | O | 4.39% |
| Equinix, Inc. | EQIX | 4.22% |
| Digital Realty Trust, Inc. | DLR | 4.17% |
| Ventas, Inc. | VTR | 3.95% |
| Extra Space Storage Inc. | EXR | 3.05% |
| AvalonBay Communities, Inc. | AVB | 2.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $1.20717 | Dec 24, 2025 |
| Sep 22, 2025 | $0.99363 | Sep 24, 2025 |
| Jun 23, 2025 | $0.90862 | Jun 25, 2025 |
| Mar 24, 2025 | $0.60655 | Mar 26, 2025 |
| Dec 23, 2024 | $1.4324 | Dec 26, 2024 |
| Sep 23, 2024 | $0.84281 | Sep 25, 2024 |
News
The State Of REITs: February 2026 Edition
The REIT sector rebounded from a rough 2025 (-3.57%) by starting off 2026 in the black (+1.09%). Small-cap REITs (+3.27%) outperformed in January, followed by solid gains from mid-caps (+2.65%) and la...
The State Of REITs: January 2026 Edition
The REIT sector closed out 2025 with a tough December (-1.48%) and finishing the year with a -3.57% total return for 2025. Small caps (+0.51%) eked out a small gain in December, while mid caps (-1.77%...
The State Of REITs: December 2025 Edition
The REIT sector returned to positive territory in November (+1.02%) after back-to-back months in the red. Mid caps (+3.53%) led the REIT sector in November followed by small caps (+3.38%) and large ca...
REIT Market Perspectives - December 2025
Year-to-date returns across the REIT market varied remarkably, with large gains from non-U.S. REITs and U.S. healthcare REITs, while U.S. residential and data center sectors were notable laggards. In ...
The State Of REITs: November 2025 Edition
The REIT sector has seen back-to-back tough months as it saw a modest average negative total return in September (-0.73%) and fell deeper into the red in October (-4.03%). Small cap REITs (-5.05%) had...
The State Of REITs: October 2025 Edition
After a strong August, REITs faded slightly in September (-0.73%), pulling the REIT sector's year-to-date average total return down to (-1.74%). Mid-cap REITs (-0.92%) averaged the lowest total return...
Why U.S. REITs May Shine In A Rate-Cutting Environment
For nearly five decades, US REITs have delivered stronger returns than broad US stocks in the 12 months following Federal Reserve easing cycles. Rate cuts may increase the attractiveness of REIT divid...
Powell Pivot Sparks REIT Rebound
U.S. equity markets notched another series of record highs this week, surging into the weekend after surprisingly dovish commentary from Federal Reserve Chair Powell, who hinted at imminent rate cuts....
The State Of REITs: August 2025 Edition
After a strong June (+2.56%), the REIT sector recovery stalled in July (-1.17%) as REITs fell to a -6.42% year-to-date return. Micro cap REITs (-0.20%) outperformed in July while mid caps (-1.18%), sm...
Disinflation Dividend: REIT Earnings Scorecard
A surprising solid REIT earnings season wrapped up this week. Of the 100 equity REITs that provide full-year FFO guidance, 62% raised their outlook - above the historical 55% average. Disinflation was...
Why Consider U.S. REITs Now?
Most US REITs make nearly 90% of their revenue domestically, compared to 72% for typical U.S. stocks. Healthcare, residential, and needs-based retail are less affected by trade disruptions, while offi...
Powell Pressured As Inflation Cools
U.S. equity markets climbed to fresh record-highs this week after a critical slate of inflation data showed that tariff-driven inflation remains muted, while rumors of a potential Powell termination s...
The State Of REITs: July 2025 Edition
REITs had another month of recovery in June (+2.56% average total return), but despite back-to-back gains remain in negative territory YTD (-5.65%). Micro cap REITs (+7.19%) outperformed for the first...
The State Of REITs: June 2025 Edition
REITs saw a month of recovery in May (+2.08%), but still have a long way to go to get back into the black in 2025 with an average -7.33% return. Micro cap REITs (-0.73%) continued to struggle, while s...
RWR: Diversification In Name Only
SPDR® Dow Jones® REIT ETF offers sector diversification within REITs, but its top holdings are heavily concentrated in a few geographic regions. Nearly 30% of RWR's property exposure is tied to Texas,...
The Drivers Behind REIT Dividend Growth
This post takes a closer look at the underlying mechanics that allow Realty Income and other high-quality REITs to grow their distributions over decades without compromising sustainability. While Real...
The State Of REITs: May 2025 Edition
The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger aver...
REIT Replay: REIT Share Prices Rise With Broader Market In Week Ended May 2
The Dow Jones Equity All REIT index closed the recent week up 3.31%, compared with a 2.92% increase for the S&P 500 and a 3.00% gain for the Dow Jones Industrial Average. The self-storage REIT index j...
The State Of REITs: April 2025 Edition
REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%...
2025 REIT Market Perspectives And A Look Ahead
A notable defensive rotation is underway this year, benefitting REIT stocks. The recipe that makes REITs a compelling investment today already contains two important ingredients – cheap valuations and...
8 U.S. REITs Announce Dividend Increases In March
Since 2000, annual returns of international equities have been better than those of the U.S. only nine times. As concerns grow about the impact of tariffs on the economy and uncertainty looms, market ...