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IYRIvsDFARETF Comparison

ETF 1
IYRI

NEOS Real Estate High Income ETF

This fund is part of
Options Strategies
+0.4%
VS
ETF 2
DFAR

Dimensional US Real Estate ETF

This fund is part of
US Real Estate
+0.95%

NEOS Real Estate High Income ETF (IYRI) belongs to the Options Strategies segment. Dimensional US Real Estate ETF (DFAR) is part of the US Real Estate segment. IYRI's top 3 sector exposures are Real Estate, Financials and Industrials. In contrast, DFAR's top sector exposures are Real Estate,  IYRI is more expensive with a Total Expense Ratio (TER) of 0.68%, versus 0.2% for DFAR. IYRI is up 7.4% year-to-date (YTD) with +$100M in YTD flows. DFAR performs better with 15.48% YTD performance, and +$95M in YTD flows. Run a side-by-side ETF comparison of IYRI and DFAR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IYRI vs DFAR performance and flow charts

Performance

-3.0-2.0-1.00.01.02.0%May 11May 18May 25Jun 1Jun 8

Cumulative Flows

0 M5 M10 M15 M20 M25 M30 M35 MMay 11May 18May 25Jun 1Jun 8

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Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
IYRI
DFAR
+1.33%+1.65%
+4.99%+7.77%
+7.40%+15.48%
+10.28%+14.81%
n/a+34.84%
n/an/a
Flows
IYRI
DFAR
+$17M+$30M
+$41M+$24M
+$100M+$95M
+$230M+$226M
-+$807M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
IYRI
DFAR
+12.73%+15.67%
+10.51%+13.53%
n/a+16.63%
n/an/a
Max drawdown
IYRI
DFAR
-5.49%-5.79%
-7.54%-8.39%
n/a-17.73%
n/an/a
Max drawdown duration
IYRI
DFAR
24d21d
46d44d
n/a514d
n/an/a
Trading data

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IYRI
DFAR
Last sale
6/12/2026 at 1:30 PM
$50.00
$26.66
Previous close
06/11/2026
$49.58
$26.41
Consolidated volume
06/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
IYRI
DFAR
Last price
$50.00
$26.66
1D performance
+0.85%
+0.95%
AuM$282.80 M$1.75 B
E/R0.68%0.2%
Characteristics
IYRI
DFAR
Management strategyActiveActive
ProviderNEOS Investment ManagementDimensional
Benchmark--
N° of holdings57119
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 14, 2025February 23, 2022
ESGNoNo
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Exposure

Countries

IYRI
USA
101.18%
Other
-1.18%
DFAR
USA
97.91%
Other
2.09%

Sectors

IYRI
Real Estate
96.39%
Other
3.61%
DFAR
Real Estate
97.43%
Other
2.57%
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Diversification

IYRI

Total weight of top 15 holdings out of 15

64.59%
DFAR

Total weight of top 15 holdings out of 15

58.81%

Top 15 holdings

Data as of April 30, 2026
IYRI
WELLTOWER INC
10.11%
PROLOGIS REIT
9.47%
EQUINIX INC COMMON STOCK REIT
5.36%
DIGITAL REALTY REIT
4.81%
SIMON PROPERTY GROUP REIT
4.65%
REALTY INCOME REIT
4.26%
AMERICAN TOWER CL A REIT
4.19%
PUBLIC STORAGE REIT
3.69%
CBRE GROUP
3.31%
VENTAS REIT
2.87%
CROWN CASTLE INTERNATIONAL
2.82%
IRON MOUNTAIN
2.55%
VICI PROPERTIES INC
2.33%
EXTRA SPACE STORAGE REIT
2.28%
AVALONBAY COMMUNITIES REIT
1.89%
DFAR
WELLTOWER INC
7.47%
PROLOGIS REIT
6.89%
EQUINIX INC COMMON STOCK REIT
5.43%
SIMON PROPERTY GROUP REIT
4.62%
DIGITAL REALTY REIT
4.54%
REALTY INCOME REIT
4.36%
AMERICAN TOWER CL A REIT
4.32%
PUBLIC STORAGE REIT
3.70%
VENTAS REIT
3.27%
CROWN CASTLE INTERNATIONAL
2.96%
IRON MOUNTAIN
2.63%
VICI PROPERTIES INC
2.41%
EXTRA SPACE STORAGE REIT
2.34%
AVALONBAY COMMUNITIES REIT
2.02%
EQUITY RESIDENTIAL REIT
1.84%
Frequently asked questions about IYRI and DFAR

How have the IYRI and DFAR ETFs performed in 2026?

As of June 12, 2026, IYRI is up 7.4% year-to-date (YTD), while DFAR has returned 15.48%. That puts DFAR better performer ahead so far this year.

Which ETF is attracting more investor money: IYRI or DFAR?

Year-to-date, the IYRI ETF saw +$100M in flows, compared to +$95M for DFAR.

Which ETF is more volatile: IYRI or DFAR?

Over the past year, IYRI had a volatility of 10.51%, while DFAR experienced 13.53%.

Which ETF is bigger: IYRI or DFAR?

As of June 12, 2026, IYRI holds $282.80 M in assets under management (AUM), while DFAR manages $1.75 B.

What sectors do the IYRI and DFAR ETFs invest in?

IYRI leans toward sectors like Real Estate. Meanwhile, DFAR focuses on Real Estate.

What are the top holdings of the IYRI ETF and DFAR ETF?

IYRI top holdings include WELLTOWER INC, PROLOGIS REIT and EQUINIX INC COMMON STOCK REIT. DFAR holds in its top three: WELLTOWER INC, PROLOGIS REIT and EQUINIX INC COMMON STOCK REIT.

Which ETF is more diversified: IYRI or DFAR?

IYRI holds 61 securities with 64.59% of its assets in the top 15. DFAR has 119 securities and a top 15 weight of 58.81%.

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