iShares Developed Real Estate Index Fund (BIRDX)
The investment seeks to track the investment results of an index composed of real estate equities in developed markets. The fund seeks to track the investment results of the FTSE EPRA/NAREIT Developed Index, which measures the stock performance of companies engaged in the ownership, disposal and development of income-producing real estate in developed countries as defined by FTSE EPRA/NAREIT. It generally invests at least 90% of its assets, plus the amount of any borrowing for investment purposes, in securities of the underlying index and in depositary receipts representing securities of the underlying index.
Fund Info
| ISIN | US0919361958 |
|---|---|
| CUSIP | 091936195 |
| Issuer | Blackrock |
| Inception Date | Aug 12, 2015 |
| Category | REIT |
| Min. Investment | $2,000,000 |
| Asset Class | Real Estate |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The iShares Developed Real Estate Index Fund features an expense ratio of 0.19%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BIRDX vs. VNQ, BIRDX vs. MXUS.L, BIRDX vs. WPC
Performance
Performance Chart
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.
Returns By Period
iShares Developed Real Estate Index Fund had a return of -8.60% year-to-date (YTD) and -0.76% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -8.60% | 5.06% |
| 1 month | -5.12% | -3.23% |
| 6 months | 9.57% | 17.14% |
| 1 year | -0.76% | 20.62% |
| 5 years (annualized) | -0.92% | 11.54% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.30% | -0.22% | 3.62% | |||||||||
| 2023 | -6.05% | -4.53% | 10.57% | 9.51% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
iShares Developed Real Estate Index Fund(BIRDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Developed Real Estate Index Fund (BIRDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Developed Real Estate Index Fund granted a 3.51% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.29 | $0.11 | $0.42 | $0.18 | $0.73 | $0.40 | $0.49 | $0.22 | $0.13 |
Dividend yield | 3.51% | 2.99% | 1.24% | 3.54% | 1.78% | 6.67% | 4.18% | 4.71% | 2.24% | 1.38% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.08 | $0.00 | $0.41 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.00 | $0.15 |
| 2017 | $0.01 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.27 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.03 |
| 2015 | $0.03 | $0.00 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 296 trading sessions.
The current iShares Developed Real Estate Index Fund drawdown is 24.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.03% | Feb 18, 2020 | 25 | Mar 23, 2020 | 296 | May 25, 2021 | 321 |
| -32.54% | Jan 3, 2022 | 458 | Oct 27, 2023 | — | — | — |
| -13.1% | Aug 2, 2016 | 78 | Nov 18, 2016 | 268 | Dec 13, 2017 | 346 |
| -11.62% | Oct 23, 2015 | 76 | Feb 11, 2016 | 23 | Mar 16, 2016 | 99 |
| -10.27% | Aug 30, 2018 | 80 | Dec 24, 2018 | 23 | Jan 29, 2019 | 103 |
Volatility
Volatility Chart
The current iShares Developed Real Estate Index Fund volatility is 5.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.