REIT Stocks
Top 10 of 30 XLRE holdings, updated
As of 12 October 2026, REIT stocks are trailing the S&P 500, over the past month and over the longer run. XLRE trails the S&P 500 by 4.7 points over one month and ranks #60 of 115 groups Zensei tracks. 13 of the 30 REITs and real estate stocks Zensei prices in XLRE beat the fund this month.
Where REIT stocks stand now
As of 12 October 2026, Real Estate (XLRE) ranks #60 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 4.7 points behind over the past month and 4.9 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, XLRE's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. XLRE's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Real Estate Select Sector SPDR, whose 30 tracked holdings are led by Welltower Inc, Prologis Inc and Equinix Inc. Weighted by portfolio, the fund's holdings trade at roughly 30.6× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
As of , these are the largest REITs and real estate stocks in XLRE by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Top REIT stocks by fund weight
Ranked by largest share of XLRE
- 1Welltower IncWELL11.4%
- 2Prologis IncPLD8.7%
- 3Equinix IncEQIX7.0%
- 4American Tower CorpAMT5.5%
- 5Simon Property Group IncSPG4.6%
Best REIT stocks this month
Ranked by one-month return, among the holdings Zensei prices
- 1Crown Castle IncCCI+8.7%
- 2American Tower CorpAMT+3.8%
- 3Host Hotels & Resorts IncHST+3.2%
- 4Iron Mountain IncIRM+0.7%
- 5Essex Property Trust IncESS+0.0%
REIT Stocks vs the S&P 500
Over the week to 12 October 2026, XLRE rose 3.1% while the S&P 500 rose 0.4%. The table compares XLRE and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means XLRE won that window.
Prices as of · computed from daily adjusted closes · how we measure
Real Estate on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are REIT stocks expensive?
The price-to-earnings ratio of XLRE as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out. Compare with every sector and theme: P/E ratio by sector.
XLRE holdings: the REITs and real estate stocks inside
This list covers all 30 REITs and real estate stocks in XLRE, heaviest first; the 10 largest show their returns where Zensei has a price. As of 12 October 2026, 13 of the 30 REITs and real estate stocks Zensei prices in XLRE beat the fund over the past month. 3 of them beat the S&P 500. The strongest is Crown Castle Inc (CCI); the weakest is Weyerhaeuser Co (WY). Inside the fund, most holdings move the same way.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | WELLWelltower Inc | 11.4% | −2.3% | −1.5% | +0.4 pts | Weak | Fading |
| 2 | PLDPrologis Inc | 8.7% | −1.6% | −6.1% | +1.0 pts | Weak | Strong |
| 3 | EQIXEquinix Inc | 7.0% | −0.5% | −0.2% | +2.1 pts | Pulling back | Fading |
| 4 | AMTAmerican Tower Corp | 5.5% | +3.8% | +8.9% | |||
| 5 | SPGSimon Property Group Inc | 4.6% | −1.7% | −7.2% | |||
| 6 | PSAPublic Storage | 4.5% | −1.6% | −9.3% | |||
| 7 | VTRVentas Inc | 4.5% | −6.6% | −8.7% | |||
| 8 | CBRECbre Group Inc | 4.5% | −7.0% | −5.3% | |||
| 9 | DLRDigital Realty Trust Inc | 4.4% | −3.8% | +1.9% | |||
| 10 | VMRKVivmark Residential | 4.4% | −5.5% | −11.1% |
All 30 XLRE holdings by weight: Welltower Inc (WELL) 11.4%, Prologis Inc (PLD) 8.7%, Equinix Inc (EQIX) 7.0%, American Tower Corp (AMT) 5.5%, Simon Property Group Inc (SPG) 4.6%, Public Storage (PSA) 4.5%, Ventas Inc (VTR) 4.5%, Cbre Group Inc (CBRE) 4.5%, Digital Realty Trust Inc (DLR) 4.4%, Vivmark Residential (VMRK) 4.4%, Realty Income Corp (O) 4.3%, Iron Mountain Inc (IRM) 3.9%, Crown Castle Inc (CCI) 3.4%, Extra Space Storage Inc (EXR) 3.3%, Vici Properties Inc (VICI) 3.0%, SBA Communications Corp (SBAC) 2.1%, Essex Property Trust Inc (ESS) 2.0%, Weyerhaeuser Co (WY) 1.8%, Host Hotels & Resorts Inc (HST) 1.7%, Kimco Realty Corp (KIM) 1.7%, Invitation Homes Inc (INVH) 1.7%, Healthpeak Properties Inc (DOC) 1.6%, Mid-America Apartment Communities Inc (MAA) 1.6%, Regency Centers Corp (REG) 1.4%, Costar Group Inc (CSGP) 1.3%, BXP Inc (BXP) 1.1%, Camden Property Trust (CPT) 1.1%, UDR Inc (UDR) 1.1%, Federal Realty Investment Trust (FRT) 1.0%, Alexandria Real Estate Equities Inc (ARE) 0.9%.
REIT Stocks: common questions
REIT stocks list: which stocks are in XLRE?
As of 12 October 2026, XLRE holds 30 REITs and real estate stocks, and this page lists all 30. The three largest by fund weight are Welltower Inc (WELL, 11.4%), Prologis Inc (PLD, 8.7%) and Equinix Inc (EQIX, 7.0%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.
What are the best REIT stocks this month?
As of 12 October 2026, ranked by one-month return, the three strongest REITs and real estate stocks in XLRE are Crown Castle Inc (CCI, +8.7%), American Tower Corp (AMT, +3.8%) and Host Hotels & Resorts Inc (HST, +3.2%). This ranks past return only; it does not forecast the next month.
What are the top 3 REIT stocks?
As of 12 October 2026, the three largest REITs and real estate stocks in XLRE by fund weight are Welltower Inc (WELL, 11.4%), Prologis Inc (PLD, 8.7%) and Equinix Inc (EQIX, 7.0%). Fund weight shows size inside the fund, not a recommendation.
Which REIT stocks are beating the sector?
As of 12 October 2026, 13 of the 30 REITs and real estate stocks Zensei prices in XLRE beat the fund over the past month. The strongest over the past month is Crown Castle Inc (CCI). The table above shows the largest holdings with their weights and returns.
Which ETF holds REIT stocks?
Several ETFs hold REIT stocks. Zensei tracks the group through XLRE, the Real Estate Select Sector SPDR. As of 12 October 2026, its published holdings list 30 REITs and real estate stocks, and the 10 largest make up 59.5% of the fund.
Are REIT stocks outperforming the S&P 500?
No. As of 12 October 2026, XLRE trails the S&P 500 by 4.7 points over the past month.
What is XLRE?
XLRE is Real Estate Select Sector SPDR. Zensei uses it to measure REIT stocks against the S&P 500 (SPY).
What stocks does XLRE own?
As of 12 October 2026, the largest of the 30 positions Zensei tracks in XLRE are Welltower Inc, Prologis Inc, Equinix Inc, American Tower Corp, Simon Property Group Inc. Each position measured against the fund, with momentum and relative strength, comes with a free Zensei account.
What quadrant is real estate in right now?
As of 12 October 2026, real estate is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·First tracked: trailing the market
Related sectors
Track real estate against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.
Compare all sectors: Sector heat map · Sector P/E ratios