| | American Realty Investors Inc | Real Estate - Development | Real Estate | -2.55 | 3.89 | -10.79 | -37.10 | 11.78 | -21.14 | -17.55 | 73.07 |
| | Amrep Corp | Real Estate - Development | Real Estate | 2.01 | 1.28 | -4.48 | 3.07 | 29.56 | 51.62 | 64.31 | 82.42 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | -2.19 | 1.31 | -8.99 | 3.06 | 15.29 | 69.54 | 129.80 | 36.04 |
| | Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -1.15 | -2.26 | -4.07 | -1.89 | -8.80 | -32.73 | -77.28 | -89.30 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 13.85 | 8.71 | -15.96 | -36.17 | -40.88 | -45.65 | -45.65 | -45.65 |
| | Green Giant Inc | Real Estate - Development | Real Estate | 23.76 | 15.29 | 13.48 | -4.49 | -96.38 | -98.69 | -98.69 | -98.79 |
| | Trinity Place Holdings Inc | Real Estate - Development | Real Estate | 0.30 | -3.72 | -5.82 | -26.87 | -65.63 | -70.67 | -89.18 | -92.86 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | 0.65 | 3.01 | -0.32 | -2.53 | 23.69 | 32.19 | -42.75 | -58.27 |
| | Landsea Homes Corp | Real Estate - Development | Real Estate | -1.10 | 0.72 | -18.86 | -20.88 | 7.53 | 58.11 | 26.12 | 4.79 |
| | Alset Inc | Real Estate - Development | Real Estate | 2.32 | -3.07 | -22.68 | -58.52 | -59.19 | -69.02 | -92.65 | -99.61 |
| | Landsea Homes Corp Wt | Real Estate - Development | Real Estate | -3.98 | 0.00 | -35.40 | -25.00 | 23.46 | 36.53 | -4.55 | -25.00 |
| | Corp Inmobiliaria Vesta S.A.B. de C.V. ADR | Real Estate - Development | Real Estate | -0.19 | 1.24 | -4.31 | -0.02 | 6.93 | 15.70 | 15.70 | 15.70 |
| | Safe & Green Development Corp | Real Estate - Development | Real Estate | -32.04 | -5.94 | -19.17 | -26.76 | -17.70 | -66.89 | -66.89 | -66.89 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | 2.34 | -0.30 | 4.87 | 9.45 | 25.50 | 25.50 | 25.50 | 25.50 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | 0.44 | 46.98 | 5.34 | 19.02 | 19.02 | 19.02 | 19.02 | 19.02 |
| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | -13.25 | 11.02 | 9.08 | -5.48 | -5.48 | -5.48 | -5.48 | -5.48 |
| | Howard Hughes Holdings Inc | Real Estate - Diversified | Real Estate | -1.38 | -0.87 | 3.26 | -15.75 | -5.87 | -15.02 | 411.19 | 166.02 |
| | Gaucho Group Holdings Inc | Real Estate - Diversified | Real Estate | -12.13 | 12.96 | -11.37 | 11.82 | -30.15 | -92.07 | -99.58 | -99.89 |
| | Stratus Properties Inc | Real Estate - Diversified | Real Estate | -1.55 | 0.56 | 4.25 | -2.77 | -13.16 | -2.97 | -26.24 | -5.47 |
| | Comstock Holding Cos. Inc Cl A | Real Estate - Diversified | Real Estate | 4.30 | 17.13 | 46.25 | 69.13 | 91.24 | 69.13 | 83.07 | 55.95 |
| | St. Joe Co | Real Estate - Diversified | Real Estate | -0.97 | -0.63 | 3.47 | 3.59 | 20.40 | 37.74 | 22.92 | 33.39 |
| | IRSA-Inversiones y Representaciones S.A. Gdr | Real Estate Services | Real Estate | 0.09 | 12.91 | 12.11 | 39.22 | 77.76 | 72.93 | 143.01 | 165.60 |
| | Jones Lang LaSalle Inc | Real Estate Services | Real Estate | 1.01 | 5.57 | 6.61 | 9.24 | 39.66 | 42.98 | 1.09 | -2.32 |
| | Gyrodyne LLC | Real Estate Services | Real Estate | 0.89 | 0.38 | -0.38 | -2.21 | -10.95 | -8.91 | -36.49 | -40.48 |
