Core Insights - RWX and HAUZ provide different approaches to international real estate exposure, with RWX having a higher expense ratio and fewer holdings compared to HAUZ, which offers lower fees and higher yields [1][2] Cost and Size Comparison - HAUZ has an expense ratio of 0.10%, significantly lower than RWX's 0.59%, which is six times higher [3][4] - HAUZ's one-year return is 22.7%, while RWX's is 26.9%, indicating RWX's better short-term performance [3] - HAUZ offers a dividend yield of 3.91%, compared to RWX's 3.36% [3] Performance and Risk Analysis - Over five years, HAUZ experienced a maximum drawdown of -34.5%, while RWX had a slightly higher drawdown of -35.9% [5] - A $1,000 investment in HAUZ would have grown to $1,056 over five years, compared to $1,014 for RWX, indicating HAUZ's superior long-term performance [5][8] Portfolio Composition - RWX tracks the Dow Jones Global ex-U.S. Select Real Estate Securities Index with 120 holdings, focusing on major companies like Mitsui Fudosan Co. [6] - HAUZ has a broader portfolio with 408 holdings, including significant positions in Goodman Group and Mitsubishi Estate Company, appealing for diversification [7] Historical Performance - Since 2013, HAUZ has achieved an annual total return growth of 3.3%, while RWX's growth was only 1.4% [8] - HAUZ's better performance is attributed to its lower expense ratio and higher dividend yield, alongside a smaller five-year drawdown [8] Investment Considerations - Both ETFs have overlapping holdings, with five of the top ten positions being the same, but HAUZ is favored for its cost efficiency and broader diversification [9] - Investors should be aware of the geographical focus, with both funds having significant allocations to Japanese REITs and other countries like Australia and the U.K. [9]

Core Insights - The iShares Global REIT ETF (REET) and SPDR Dow Jones International Real Estate ETF (RWX) differ primarily in geographic focus and cost, with REET providing broader exposure and lower fees compared to RWX, which focuses on international assets [2][3] Cost & Size Comparison - REET has an expense ratio of 0.14% and an AUM of $4.0 billion, while RWX has a higher expense ratio of 0.59% and an AUM of $295.7 million [4][5] - The one-year return for REET is 7.6%, whereas RWX has a significantly higher return of 25.5% [4] - REET offers a dividend yield of 3.71%, compared to RWX's yield of 3.36% [5] Performance & Risk Metrics - Over five years, REET has a maximum drawdown of -32.1%, while RWX has a higher drawdown of -35.9% [6] - An investment of $1,000 in REET would grow to $1,254 over five years, compared to $1,032 for RWX [6] Fund Composition - RWX focuses on international real estate, holding 119 companies, with top positions in Mitsui Fudosan Co. Ltd., Scentre Group, and Swiss Prime Site Reg [7] - REET includes 326 holdings, with major positions in Welltower Inc., Prologis REIT Inc., and Equinix REIT Inc., providing a more representative global REIT portfolio [8] Historical Performance - Since 2014, REET has delivered annualized total returns of 3.8%, significantly outperforming RWX's 0.7% [10]