RWR is among the oldest real estate ETFs on the market. Since 2001, RWR has offered investors a well-managed vehicle to invest in a diverse basket of US REITs. The fund tilts away from the 'specialized REITs' category, which includes everything from hospital REITs to railway REITs and instead overweights the quintessential real estate sub-sectors: commercial and residential REITs. The reason for the exclusions is that performance of such securities may be driven by factors other than the value of real estate. As such, RWR could appeal to those looking for a pure play take on US REITs. Constituents must derive 75% of their total revenue from the ownership and operation of real estate assets and must meet certain market-cap requirements. Holdings are market cap-weighted, subject to several capping constraints. The index is rebalanced quarterly. Prior to Sep. 20, 2024, the fund tracked the Dow Jones US Select REIT Index, an uncapped version of the current index.