iShares U.S. Real Estate ETF (IYR): Historical Returns

Data Source: from July 2000 to January 2024 (~24 years)
Consolidated Returns as of 31 January 2024
Category: Stocks
iShares U.S. Real Estate ETF (IYR) ETF
ETF • LIVE PERFORMANCE (USD currency)
5.10%
January 2024

In the last 20 Years, the iShares U.S. Real Estate ETF (IYR) ETF obtained a 6.65% compound annual return, with a 21.55% standard deviation.

Table of contents
The first official book of
How to build wealth
with Lazy Portfolios and Passive Investing Strategies
Choose a goal
Employ the best metrics to evaluate it
Join the passive investing strategy
Discover new asset allocations in USD and EUR,
in addition to the lazy portfolios on the website.

The ETF is related to the following investment themes:

  • Asset Class: Real Estate
  • Size: Multi Cap
  • Style: Blend
  • Region: North America
  • Country: U.S.
  • Sector: Real Estate
  • Industry: Broad Real Estate

Investment Returns as of Jan 31, 2024

The iShares U.S. Real Estate ETF (IYR) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Consolidated returns as of 31 January 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jan 31, 2024
  1 Day Time ET(*) Feb 2024 1M 6M 1Y 5Y 10Y 20Y MAX
(~24Y)
iShares U.S. Real Estate ETF (IYR) ETF n.a. n.a. -5.10 0.52 -3.42 3.64 6.39 6.65 8.16
US Inflation Adjusted return -5.39 -1.12 -6.33 -0.50 3.51 3.97 5.50
Returns over 1 year are annualized | Available data source: since Jul 2000
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Current inflation (annualized) is 1Y: 3.11% , 5Y: 4.16% , 10Y: 2.79% , 20Y: 2.57%

In 2023, the iShares U.S. Real Estate ETF (IYR) ETF granted a 3.02% dividend yield. If you are interested in getting periodic income, please refer to the iShares U.S. Real Estate ETF (IYR) ETF: Dividend Yield page.

Capital Growth as of Jan 31, 2024

An investment of 1$, since February 2004, now would be worth 3.62$, with a total return of 262.38% (6.65% annualized).

The Inflation Adjusted Capital now would be 2.18$, with a net total return of 118.00% (3.97% annualized).
An investment of 1$, since July 2000, now would be worth 6.36$, with a total return of 536.18% (8.16% annualized).

The Inflation Adjusted Capital now would be 3.54$, with a net total return of 253.75% (5.50% annualized).

Investment Metrics as of Jan 31, 2024

Metrics of iShares U.S. Real Estate ETF (IYR) ETF, updated as of 31 January 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Advanced Metrics
Data Source: 1 July 2000 - 31 January 2024 (~24 years)
Swipe left to see all data
Metrics as of Jan 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y MAX
(~24Y)
Investment Return (%) -5.10 16.15 0.52 -3.42 3.31 3.64 6.39 6.65 8.16
Infl. Adjusted Return (%) details -5.39 15.34 -1.12 -6.33 -2.23 -0.50 3.51 3.97 5.50
US Inflation (%) 0.31 0.70 1.66 3.11 5.66 4.16 2.79 2.57 2.52
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Deepest Drawdown Depth (%) -16.84 -31.87 -31.87 -31.87 -69.68 -69.68
Start to Recovery (# months) details 11 25* 25* 25* 74 74
Start (yyyy mm) 2023 02 2022 01 2022 01 2022 01 2007 02 2007 02
Start to Bottom (# months) 9 22 22 22 25 25
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02
Bottom to End (# months) 2 3 3 3 49 49
End (yyyy mm) 2023 12 - - - 2013 03 2013 03
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 02 2022 01 2022 01 2022 01 2007 02 2007 02
Start to Bottom (# months) 9 22 22 22 25 25
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02
Bottom to End (# months) 2 3 3 3 49 49
End (yyyy mm) 2023 12 - - - 2013 03 2013 03
Longest negative period (# months) details 12* 33 55 55 84 101
Period Start (yyyy mm) 2023 02 2021 02 2019 04 2019 04 2006 12 2000 10
Period End (yyyy mm) 2024 01 2023 10 2023 10 2023 10 2013 11 2009 02
Annualized Return (%) -3.42 -1.88 -0.41 -0.41 -0.02 -0.08
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -18.78 -37.79 -37.79 -37.79 -71.01 -71.01
Start to Recovery (# months) details 12* 25* 25* 25* 94 94
Start (yyyy mm) 2023 02 2022 01 2022 01 2022 01 2007 02 2007 02
Start to Bottom (# months) 9 22 22 22 25 25
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02
Bottom to End (# months) 3 3 3 3 69 69
End (yyyy mm) - - - - 2014 11 2014 11
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 02 2022 01 2022 01 2022 01 2007 02 2007 02
Start to Bottom (# months) 9 22 22 22 25 25
Bottom (yyyy mm) 2023 10 2023 10 2023 10 2023 10 2009 02 2009 02
Bottom to End (# months) 3 3 3 3 69 69
End (yyyy mm) - - - - 2014 11 2014 11
Longest negative period (# months) details 12* 36* 60* 105 109 109
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2015 02 2007 02 2007 02
Period End (yyyy mm) 2024 01 2024 01 2024 01 2023 10 2016 02 2016 02
Annualized Return (%) -6.33 -2.23 -0.50 -0.67 -0.19 -0.19
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y MAX
Standard Deviation (%) 20.66 21.57 20.43 17.35 21.55 20.41
Sharpe Ratio -0.41 0.05 0.09 0.30 0.25 0.20
Sortino Ratio -0.69 0.07 0.12 0.41 0.32 0.27
Ulcer Index 8.29 17.67 15.21 11.35 19.78 18.32
Ratio: Return / Standard Deviation -0.17 0.15 0.18 0.37 0.31 0.40
Ratio: Return / Deepest Drawdown -0.20 0.10 0.11 0.20 0.10 0.12
% Positive Months details 41% 52% 58% 59% 61% 63%
Positive Months 5 19 35 71 147 179
Negative Months 7 17 25 49 93 104
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Best 10 Years Return (%) - Annualized 6.39 17.52 17.52
Worst 10 Years Return (%) - Annualized 2.58 2.58
Best 10 Years Return (%) - Annualized 3.51 15.43 15.43
Worst 10 Years Return (%) - Annualized 0.75 0.75
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y MAX
Over the latest 20Y
Best Rolling Return (%) - Annualized 104.27 40.22 27.30 17.52 6.65
Worst Rolling Return (%) - Annualized -58.05 -26.15 -10.03 2.58
% Positive Periods 71% 84% 85% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 58.13 18.93 12.02 7.27 7.68
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.52 4.16
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 99.71 36.81 24.73 15.43 3.97
Worst Rolling Return (%) - Annualized -57.86 -27.66 -12.29 0.75
% Positive Periods 67% 74% 72% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 58.13 18.93 12.02 7.27 7.68
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.52 4.16
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jul 2000 - Jan 2024)
Best Rolling Return (%) - Annualized 104.27 40.22 27.30 17.52 10.06
Worst Rolling Return (%) - Annualized -58.05 -26.15 -10.03 2.58 6.49
% Positive Periods 74% 87% 87% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 58.13 18.93 12.02 7.27 7.68
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.52 4.16
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 99.71 36.81 24.73 15.43 7.65
Worst Rolling Return (%) - Annualized -57.86 -27.66 -12.29 0.75 3.82
% Positive Periods 70% 79% 76% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 58.13 18.93 12.02 7.27 7.68
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - 0.52 4.16
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Jan 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of iShares U.S. Real Estate ETF (IYR) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Monthly correlations as of 31 January 2024
Swipe left to see all data
Correlation vs IYR
Asset Class 1 Year 5 Years 10 Years Since
Jul 2000
VTI
US Total Stock Market
0.91
0.85
0.78
0.71
SPY
US Large Cap
0.89
0.85
0.78
0.69
IJR
US Small Cap
0.88
0.79
0.71
0.71
VNQ
US REITs
1.00
1.00
0.99
0.99
QQQ
US Technology
0.65
0.74
0.66
0.50
PFF
Preferred Stocks
0.77
0.83
0.78
0.55
EFA
EAFE Stocks
0.91
0.82
0.71
0.69
VT
World All Countries
0.93
0.86
0.77
0.70
EEM
Emerging Markets
0.83
0.66
0.58
0.60
VGK
Europe
0.90
0.82
0.70
0.66
VPL
Pacific
0.89
0.75
0.67
0.64
FLLA
Latin America
0.91
0.66
0.50
0.54
BND
US Total Bond Market
0.82
0.61
0.58
0.34
TLT
Long Term Treasuries
0.86
0.37
0.39
0.08
BIL
US Cash
0.41
-0.11
-0.09
-0.02
TIP
TIPS
0.70
0.67
0.64
0.35
LQD
Invest. Grade Bonds
0.86
0.73
0.70
0.47
HYG
High Yield Bonds
0.91
0.79
0.72
0.71
CWB
US Convertible Bonds
0.87
0.73
0.68
0.65
BNDX
International Bonds
0.78
0.63
0.60
0.37
EMB
Emerg. Market Bonds
0.96
0.81
0.72
0.60
GLD
Gold
0.27
0.29
0.21
0.16
DBC
Commodities
0.05
0.42
0.27
0.29

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 February 2004 - 31 January 2024 (20 Years)
Data Source: 1 July 2000 - 31 January 2024 (~24 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-69.68% Feb 2007 Feb 2009 25 Mar 2013 49 74 32.04
-31.87% Jan 2022 Oct 2023 22 in progress 3 25 21.05
-25.76% Feb 2020 Mar 2020 2 Mar 2021 12 14 13.03
-14.94% Apr 2004 Apr 2004 1 Aug 2004 4 5 8.05
-14.49% May 2013 Aug 2013 4 May 2014 9 13 8.48
-11.72% Feb 2015 Aug 2015 7 Mar 2016 7 14 6.75
-11.61% Aug 2016 Nov 2016 4 Nov 2017 12 16 5.31
-9.57% Dec 2017 Feb 2018 3 Jun 2018 4 7 4.77
-8.52% Jan 2005 Jan 2005 1 May 2005 4 5 5.35
-8.45% Sep 2018 Dec 2018 4 Jan 2019 1 5 4.22
-7.14% Aug 2005 Oct 2005 3 Jan 2006 3 6 3.86
-6.46% Apr 2006 May 2006 2 Jul 2006 2 4 3.38
-5.89% Sep 2014 Sep 2014 1 Oct 2014 1 2 3.40
-5.62% Sep 2021 Sep 2021 1 Oct 2021 1 2 3.25
-2.41% Nov 2021 Nov 2021 1 Dec 2021 1 2 1.39
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 53 4.5 Months 21.99%
 
DD = 0% 21.99%
 
0% < DD <= -5% 43 5.6 Months 17.84%
 
DD <= -5% 39.83%
 
-5% < DD <= -10% 43 5.6 Months 17.84%
 
DD <= -10% 57.68%
 
-10% < DD <= -15% 24 10.0 Months 9.96%
 
DD <= -15% 67.63%
 
-15% < DD <= -20% 15 16.1 Months 6.22%
 
DD <= -20% 73.86%
 
-20% < DD <= -25% 20 12.1 Months 8.30%
 
DD <= -25% 82.16%
 
-25% < DD <= -30% 17 14.2 Months 7.05%
 
DD <= -30% 89.21%
 
-30% < DD <= -35% 6 40.2 Months 2.49%
 
DD <= -35% 91.70%
 
-35% < DD <= -40% 3 80.3 Months 1.24%
 
DD <= -40% 92.95%
 
-40% < DD <= -45% 3 80.3 Months 1.24%
 
DD <= -45% 94.19%
 
-45% < DD <= -50% 5 48.2 Months 2.07%
 
DD <= -50% 96.27%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 96.27%
 
-55% < DD <= -60% 5 48.2 Months 2.07%
 
DD <= -60% 98.34%
 
-60% < DD <= -65% 2 120.5 Months 0.83%
 
DD <= -65% 99.17%
 
-65% < DD <= -70% 2 120.5 Months 0.83%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-71.01% Feb 2007 Feb 2009 25 Nov 2014 69 94 32.41
-37.79% Jan 2022 Oct 2023 22 in progress 3 25 25.81
-25.55% Feb 2020 Mar 2020 2 Apr 2021 13 15 12.61
-15.07% Apr 2004 Apr 2004 1 Aug 2004 4 5 8.45
-12.94% Feb 2015 Aug 2015 7 Jun 2016 10 17 7.01
-12.31% Aug 2016 Nov 2016 4 Aug 2018 21 25 6.43
-9.10% Aug 2005 Oct 2005 3 Jan 2006 3 6 5.13
-8.85% Sep 2018 Dec 2018 4 Jan 2019 1 5 4.47
-8.54% Jan 2005 Mar 2005 3 Jun 2005 3 6 5.24
-7.21% Apr 2006 May 2006 2 Aug 2006 3 5 3.56
-6.00% Sep 2021 Sep 2021 1 Dec 2021 3 4 3.07
-2.29% Dec 2006 Dec 2006 1 Jan 2007 1 2 1.32
-1.40% Nov 2019 Nov 2019 1 Jan 2020 2 3 0.82
-0.73% Sep 2004 Sep 2004 1 Oct 2004 1 2 0.42
-0.59% Apr 2019 May 2019 2 Jun 2019 1 3 0.36
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 38 6.3 Months 15.77%
 
DD = 0% 15.77%
 
0% < DD <= -5% 37 6.5 Months 15.35%
 
DD <= -5% 31.12%
 
-5% < DD <= -10% 46 5.2 Months 19.09%
 
DD <= -10% 50.21%
 
-10% < DD <= -15% 18 13.4 Months 7.47%
 
DD <= -15% 57.68%
 
-15% < DD <= -20% 22 11.0 Months 9.13%
 
DD <= -20% 66.80%
 
-20% < DD <= -25% 17 14.2 Months 7.05%
 
DD <= -25% 73.86%
 
-25% < DD <= -30% 20 12.1 Months 8.30%
 
DD <= -30% 82.16%
 
-30% < DD <= -35% 16 15.1 Months 6.64%
 
DD <= -35% 88.80%
 
-35% < DD <= -40% 9 26.8 Months 3.73%
 
DD <= -40% 92.53%
 
-40% < DD <= -45% 1 241.0 Months 0.41%
 
DD <= -45% 92.95%
 
-45% < DD <= -50% 5 48.2 Months 2.07%
 
DD <= -50% 95.02%
 
-50% < DD <= -55% 3 80.3 Months 1.24%
 
DD <= -55% 96.27%
 
-55% < DD <= -60% 2 120.5 Months 0.83%
 
DD <= -60% 97.10%
 
-60% < DD <= -65% 5 48.2 Months 2.07%
 
DD <= -65% 99.17%
 
-65% < DD <= -70% 1 241.0 Months 0.41%
 
DD <= -70% 99.59%
 
-70% < DD <= -100% 1 241.0 Months 0.41%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-69.68% Feb 2007 Feb 2009 25 Mar 2013 49 74 32.04
-31.87% Jan 2022 Oct 2023 22 in progress 3 25 21.05
-25.76% Feb 2020 Mar 2020 2 Mar 2021 12 14 13.03
-14.94% Apr 2004 Apr 2004 1 Aug 2004 4 5 8.05
-14.49% May 2013 Aug 2013 4 May 2014 9 13 8.48
-12.77% Jul 2002 Oct 2002 4 May 2003 7 11 7.81
-11.72% Feb 2015 Aug 2015 7 Mar 2016 7 14 6.75
-11.61% Aug 2016 Nov 2016 4 Nov 2017 12 16 5.31
-10.19% Sep 2001 Oct 2001 2 Mar 2002 5 7 4.38
-9.57% Dec 2017 Feb 2018 3 Jun 2018 4 7 4.77
-8.52% Jan 2005 Jan 2005 1 May 2005 4 5 5.35
-8.45% Sep 2018 Dec 2018 4 Jan 2019 1 5 4.22
-7.14% Aug 2005 Oct 2005 3 Jan 2006 3 6 3.86
-6.46% Apr 2006 May 2006 2 Jul 2006 2 4 3.38
-5.89% Sep 2014 Sep 2014 1 Oct 2014 1 2 3.40
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 74 3.8 Months 26.06%
 
DD = 0% 26.06%
 
0% < DD <= -5% 56 5.1 Months 19.72%
 
DD <= -5% 45.77%
 
-5% < DD <= -10% 49 5.8 Months 17.25%
 
DD <= -10% 63.03%
 
-10% < DD <= -15% 27 10.5 Months 9.51%
 
DD <= -15% 72.54%
 
-15% < DD <= -20% 15 18.9 Months 5.28%
 
DD <= -20% 77.82%
 
-20% < DD <= -25% 20 14.2 Months 7.04%
 
DD <= -25% 84.86%
 
-25% < DD <= -30% 17 16.7 Months 5.99%
 
DD <= -30% 90.85%
 
-30% < DD <= -35% 6 47.3 Months 2.11%
 
DD <= -35% 92.96%
 
-35% < DD <= -40% 3 94.7 Months 1.06%
 
DD <= -40% 94.01%
 
-40% < DD <= -45% 3 94.7 Months 1.06%
 
DD <= -45% 95.07%
 
-45% < DD <= -50% 5 56.8 Months 1.76%
 
DD <= -50% 96.83%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 96.83%
 
-55% < DD <= -60% 5 56.8 Months 1.76%
 
DD <= -60% 98.59%
 
-60% < DD <= -65% 2 142.0 Months 0.70%
 
DD <= -65% 99.30%
 
-65% < DD <= -70% 2 142.0 Months 0.70%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-71.01% Feb 2007 Feb 2009 25 Nov 2014 69 94 32.41
-37.79% Jan 2022 Oct 2023 22 in progress 3 25 25.81
-25.55% Feb 2020 Mar 2020 2 Apr 2021 13 15 12.61
-15.07% Apr 2004 Apr 2004 1 Aug 2004 4 5 8.45
-13.54% Jul 2002 Oct 2002 4 Jun 2003 8 12 8.52
-12.94% Feb 2015 Aug 2015 7 Jun 2016 10 17 7.01
-12.31% Aug 2016 Nov 2016 4 Aug 2018 21 25 6.43
-10.29% Sep 2001 Oct 2001 2 Mar 2002 5 7 4.48
-9.10% Aug 2005 Oct 2005 3 Jan 2006 3 6 5.13
-8.85% Sep 2018 Dec 2018 4 Jan 2019 1 5 4.47
-8.54% Jan 2005 Mar 2005 3 Jun 2005 3 6 5.24
-7.21% Apr 2006 May 2006 2 Aug 2006 3 5 3.56
-6.00% Sep 2021 Sep 2021 1 Dec 2021 3 4 3.07
-5.81% Oct 2000 Oct 2000 1 Dec 2000 2 3 3.54
-2.29% Dec 2006 Dec 2006 1 Jan 2007 1 2 1.32
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 56 5.1 Months 19.72%
 
DD = 0% 19.72%
 
0% < DD <= -5% 52 5.5 Months 18.31%
 
DD <= -5% 38.03%
 
-5% < DD <= -10% 51 5.6 Months 17.96%
 
DD <= -10% 55.99%
 
-10% < DD <= -15% 23 12.3 Months 8.10%
 
DD <= -15% 64.08%
 
-15% < DD <= -20% 22 12.9 Months 7.75%
 
DD <= -20% 71.83%
 
-20% < DD <= -25% 17 16.7 Months 5.99%
 
DD <= -25% 77.82%
 
-25% < DD <= -30% 20 14.2 Months 7.04%
 
DD <= -30% 84.86%
 
-30% < DD <= -35% 16 17.8 Months 5.63%
 
DD <= -35% 90.49%
 
-35% < DD <= -40% 9 31.6 Months 3.17%
 
DD <= -40% 93.66%
 
-40% < DD <= -45% 1 284.0 Months 0.35%
 
DD <= -45% 94.01%
 
-45% < DD <= -50% 5 56.8 Months 1.76%
 
DD <= -50% 95.77%
 
-50% < DD <= -55% 3 94.7 Months 1.06%
 
DD <= -55% 96.83%
 
-55% < DD <= -60% 2 142.0 Months 0.70%
 
DD <= -60% 97.54%
 
-60% < DD <= -65% 5 56.8 Months 1.76%
 
DD <= -65% 99.30%
 
-65% < DD <= -70% 1 284.0 Months 0.35%
 
DD <= -70% 99.65%
 
-70% < DD <= -100% 1 284.0 Months 0.35%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 February 2004 - 31 January 2024 (20 Years)
Data Source: 1 July 2000 - 31 January 2024 (~24 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -58.05 04/2008
03/2009
0.41$ -10.76 0.89$ 8.52 1.08$ 29.91 1.29$ 104.27 04/2009
03/2010
2.04$ -3.42 28.82%
2Y -43.93 03/2007
02/2009
0.31$ -4.89 0.90$ 8.95 1.18$ 19.07 1.41$ 62.71 03/2009
02/2011
2.64$ -7.14 19.35%
3Y -26.15 04/2006
03/2009
0.40$ -0.59 0.98$ 8.05 1.26$ 15.29 1.53$ 40.22 04/2009
03/2012
2.75$ 3.31 15.61%
5Y -10.03 04/2004
03/2009
0.58$ 0.02 1.00$ 6.99 1.40$ 10.93 1.68$ 27.30 03/2009
02/2014
3.34$ 3.64 14.36%
7Y -0.47 02/2007
01/2014
0.96$ 3.85 1.30$ 7.26 1.63$ 10.28 1.98$ 22.02 04/2009
03/2016
4.02$ 4.85 1.27%
10Y 2.58 02/2007
01/2017
1.29$ 5.13 1.64$ 7.14 1.99$ 10.76 2.77$ 17.52 04/2009
03/2019
5.02$ 6.39 0.00%
15Y 4.33 10/2007
09/2022
1.88$ 5.36 2.18$ 6.00 2.39$ 7.82 3.09$ 10.96 02/2009
01/2024
4.75$ 10.96 0.00%
20Y 6.65 02/2004
01/2024
3.62$ 6.65 3.62$ 6.65 3.62$ 6.65 3.62$ 6.65 02/2004
01/2024
3.62$ 6.65 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -57.86 04/2008
03/2009
0.42$ -15.48 0.84$ 6.26 1.06$ 26.10 1.26$ 99.71 04/2009
03/2010
1.99$ -6.33 32.75%
2Y -45.06 03/2007
02/2009
0.30$ -7.91 0.84$ 6.76 1.13$ 14.86 1.31$ 59.30 03/2009
02/2011
2.53$ -11.33 24.42%
3Y -27.66 04/2006
03/2009
0.37$ -3.63 0.89$ 5.88 1.18$ 13.27 1.45$ 36.81 04/2009
03/2012
2.56$ -2.23 25.37%
5Y -12.29 04/2004
03/2009
0.51$ -2.25 0.89$ 4.74 1.26$ 9.08 1.54$ 24.73 03/2009
02/2014
3.01$ -0.50 27.07%
7Y -2.52 02/2007
01/2014
0.83$ 1.36 1.09$ 5.14 1.42$ 8.38 1.75$ 20.05 04/2009
03/2016
3.59$ 1.32 7.64%
10Y 0.75 02/2007
01/2017
1.07$ 3.03 1.34$ 4.78 1.59$ 8.82 2.32$ 15.43 04/2009
03/2019
4.20$ 3.51 0.00%
15Y 1.92 10/2007
09/2022
1.32$ 2.94 1.54$ 3.85 1.76$ 5.68 2.29$ 8.19 02/2009
01/2024
3.25$ 8.19 0.00%
20Y 3.97 02/2004
01/2024
2.17$ 3.97 2.17$ 3.97 2.17$ 3.97 2.17$ 3.97 02/2004
01/2024
2.17$ 3.97 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -58.05 04/2008
03/2009
0.41$ -7.81 0.92$ 8.94 1.08$ 29.91 1.29$ 104.27 04/2009
03/2010
2.04$ -3.42 25.74%
2Y -43.93 03/2007
02/2009
0.31$ -2.02 0.95$ 9.94 1.20$ 21.60 1.47$ 62.71 03/2009
02/2011
2.64$ -7.14 16.15%
3Y -26.15 04/2006
03/2009
0.40$ 1.58 1.04$ 9.38 1.30$ 20.20 1.73$ 40.22 04/2009
03/2012
2.75$ 3.31 12.90%
5Y -10.03 04/2004
03/2009
0.58$ 0.78 1.03$ 8.11 1.47$ 17.47 2.23$ 27.30 03/2009
02/2014
3.34$ 3.64 12.50%
7Y -2.27 04/2002
03/2009
0.85$ 3.66 1.28$ 7.26 1.63$ 11.87 2.19$ 22.02 04/2009
03/2016
4.02$ 4.85 2.00%
10Y 2.58 02/2007
01/2017
1.29$ 5.34 1.68$ 8.04 2.16$ 10.54 2.72$ 17.52 04/2009
03/2019
5.02$ 6.39 0.00%
15Y 4.33 10/2007
09/2022
1.88$ 5.59 2.26$ 7.82 3.09$ 9.51 3.90$ 10.96 02/2009
01/2024
4.75$ 10.96 0.00%
20Y 6.49 11/2003
10/2023
3.51$ 7.55 4.28$ 8.56 5.16$ 9.32 5.93$ 10.06 11/2001
10/2021
6.80$ 6.65 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -57.86 04/2008
03/2009
0.42$ -10.06 0.89$ 7.40 1.07$ 26.09 1.26$ 99.71 04/2009
03/2010
1.99$ -6.33 29.04%
2Y -45.06 03/2007
02/2009
0.30$ -4.81 0.90$ 7.59 1.15$ 18.65 1.40$ 59.30 03/2009
02/2011
2.53$ -11.33 20.38%
3Y -27.66 04/2006
03/2009
0.37$ -2.49 0.92$ 7.26 1.23$ 17.24 1.61$ 36.81 04/2009
03/2012
2.56$ -2.23 20.97%
5Y -12.29 04/2004
03/2009
0.51$ -1.48 0.92$ 6.22 1.35$ 14.39 1.95$ 24.73 03/2009
02/2014
3.01$ -0.50 23.21%
7Y -4.67 04/2002
03/2009
0.71$ 1.10 1.07$ 4.88 1.39$ 9.32 1.86$ 20.05 04/2009
03/2016
3.59$ 1.32 9.50%
10Y 0.75 02/2007
01/2017
1.07$ 3.35 1.39$ 5.75 1.74$ 8.30 2.22$ 15.43 04/2009
03/2019
4.20$ 3.51 0.00%
15Y 1.92 10/2007
09/2022
1.32$ 3.28 1.62$ 5.63 2.27$ 7.26 2.86$ 8.19 02/2009
01/2024
3.25$ 8.19 0.00%
20Y 3.82 11/2003
10/2023
2.11$ 4.86 2.58$ 6.21 3.33$ 7.00 3.87$ 7.65 11/2001
10/2021
4.36$ 3.97 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares U.S. Real Estate ETF (IYR) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in iShares U.S. Real Estate ETF (IYR) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.44
40%
-2.99
40%
-0.96
60%
2.79
60%
-1.16
40%
0.97
80%
4.36
100%
-0.67
60%
-5.22
20%
0.94
60%
4.70
60%
3.41
80%
Best 10.0
2023
2.4
2021
6.9
2022
9.3
2020
1.8
2020
5.7
2023
8.9
2022
3.4
2019
1.9
2019
7.3
2021
12.3
2023
9.5
2021
Worst -8.2
2022
-7.6
2020
-19.7
2020
-4.1
2022
-4.4
2022
-6.9
2022
1.7
2023
-5.9
2022
-12.7
2022
-3.6
2023
-2.4
2021
-4.7
2022
Monthly Seasonality over the period Aug 2000 - Jan 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.80
50%
-1.59
40%
0.90
70%
1.13
60%
0.21
50%
1.38
80%
3.22
90%
-0.60
60%
-3.55
20%
1.20
60%
3.10
60%
1.53
70%
Best 11.5
2019
4.8
2014
10.3
2016
9.3
2020
3.4
2018
6.2
2016
8.9
2022
3.5
2014
1.9
2019
8.4
2014
12.3
2023
9.5
2021
Worst -8.2
2022
-7.6
2020
-19.7
2020
-4.8
2015
-4.4
2022
-6.9
2022
-0.1
2014
-5.9
2022
-12.7
2022
-5.0
2016
-2.4
2021
-7.8
2018
Monthly Seasonality over the period Aug 2000 - Jan 2024
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.58
63%
-1.02
52%
2.03
70%
2.65
74%
0.33
61%
0.29
65%
2.68
83%
0.45
63%
-1.31
42%
-0.35
54%
1.18
58%
2.53
75%
Best 11.5
2019
5.5
2010
10.3
2016
29.6
2009
6.8
2004
6.2
2016
10.6
2009
13.2
2009
6.1
2009
13.2
2011
12.3
2023
14.4
2008
Worst -15.8
2009
-19.8
2009
-19.7
2020
-14.9
2004
-6.5
2013
-11.6
2008
-9.1
2007
-6.5
2013
-12.7
2022
-31.3
2008
-21.6
2008
-7.8
2018
Monthly Seasonality over the period Aug 2000 - Jan 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares U.S. Real Estate ETF (IYR) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES U.S. REAL ESTATE ETF (IYR) ETF
Monthly Returns Distribution
Data Source: 1 February 2004 - 31 January 2024 (20 Years)
Data Source: 1 July 2000 - 31 January 2024 (~24 years)
147 Positive Months (61%) - 93 Negative Months (39%)
179 Positive Months (63%) - 104 Negative Months (37%)
Swipe left to see all data
(Scroll down to see all data)
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.