iShares Developed Real Estate Index Fund (BIRDX)

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The chart shows the growth of an initial investment of $10,000 in iShares Developed Real Estate Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

iShares Developed Real Estate Index Fund (BIRDX) has returned 0.00% so far this year and 8.08% over the past 12 months. Over the last ten years, BIRDX has returned 3.04% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, BIRDX's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, your investment would double in approximately 13.8 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +12.8%, while the worst month was Mar 2020 at -22.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, BIRDX closed higher 51% of trading days. The best single day was Oct 10, 2024 with a return of +17.7%, while the worst single day was Mar 16, 2020 at -15.5%.

iShares Developed Real Estate Index Fund has an annualized alpha of -3.83%, beta of 0.72, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participated in 101.98% of S&P 500 Index downside but only 68.54% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.46 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

BIRDX has an expense ratio of 0.19%, which is considered low.

BIRDX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for iShares Developed Real Estate Index Fund (BIRDX) and compare them to a chosen benchmark (S&P 500 Index).

iShares Developed Real Estate Index Fund provided a 6.84% dividend yield over the last twelve months, with an annual payout of $0.56 per share.

The table displays the monthly dividend distributions for iShares Developed Real Estate Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares Developed Real Estate Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares Developed Real Estate Index Fund was 43.03%, occurring on Mar 23, 2020. Recovery took 295 trading sessions.

The current iShares Developed Real Estate Index Fund drawdown is 12.67%.

The chart below shows the rolling one-month volatility.