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REET vs ICF: Comparing iShares Global and US REIT ETFs

This article compares iShares REET, which invests in real estate worldwide, and ICF, which focuses on major US property companies. It explains the distinction and what it means for your portfolio.

July 15, 2026
2 min read
Source: Motley Fool
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The iShares REET and ICF ETFs offer two different approaches to real estate investing through exchange-traded funds. While ICF concentrates on large US real estate, REET spreads across multiple global markets. Here is what that distinction means for your portfolio.

Details

The iShares Global REIT ETF (REET) tracks the FTSE EPRA Nareit Global REITs Index, providing exposure to real estate in over 20 countries. In contrast, the iShares Cohen & Steers REIT ETF (ICF) follows the Cohen & Steers Realty Majors Index, which includes the largest US REITs.

Context

International diversification is a key feature of REET, reducing risks tied to a single economy. However, ICF offers greater focus on the US real estate market, the largest and most liquid globally. The choice depends on the investor's goals and risk tolerance.

What It Means for Investors

For investors seeking geographic diversification, REET may be a suitable choice. Those preferring exposure to the strong US market might lean toward ICF. It is advisable to review fees and liquidity before deciding.

Frequently Asked Questions

REET invests in real estate globally (over 20 countries), while ICF focuses only on large US REITs.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.