| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | -21.19 | -22.57 | -32.62 | -77.16 | -61.04 | -63.20 | -52.24 | -52.24 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | -2.96 | -5.42 | -0.76 | -68.05 | -76.33 | -71.92 | -72.77 | -72.77 |
| | Logistic Properties of the Americas | Real Estate - Development | Real Estate | -18.29 | -19.76 | -41.36 | -57.46 | -60.24 | -65.10 | -83.25 | -83.25 |
| | Safe & Green Development Corp | Real Estate - Development | Real Estate | -3.92 | -2.97 | -32.18 | -43.02 | 12.66 | -70.09 | -92.52 | -97.04 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | -2.41 | -2.63 | 0.40 | -12.20 | -11.13 | -47.53 | -27.46 | -27.46 |
| | Amrep Corp | Real Estate - Development | Real Estate | -3.70 | -10.73 | -11.26 | -11.90 | -6.35 | -32.39 | 27.36 | 75.61 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -1.95 | -12.72 | -11.70 | -6.21 | 22.76 | -23.74 | -73.04 | -75.65 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | -1.68 | -9.87 | -5.05 | -1.25 | 26.95 | -19.67 | -2.36 | 123.80 |
| | Sky Harbour Group Corp | Real Estate - Development | Real Estate | -1.21 | -2.40 | -4.03 | 0.00 | -13.23 | -8.26 | 49.39 | 187.35 |
| | Century Communities Inc | Real Estate - Development | Real Estate | 2.07 | -6.45 | -3.60 | 0.83 | 10.23 | -32.63 | -10.35 | 43.48 |
| | Belpointe PREP LLC | Real Estate - Development | Real Estate | -2.77 | 4.77 | 2.38 | 3.70 | 5.43 | -0.96 | -1.77 | -28.42 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | 0.85 | -0.34 | -1.00 | 7.62 | 12.31 | 45.70 | 130.74 | 152.34 |
| | Howard Hughes Holdings Inc | Real Estate - Development | Real Estate | -0.43 | -3.36 | -8.26 | 13.77 | 12.48 | 2.81 | 13.84 | 4.75 |
| | JFB Construction Holdings Cl A | Real Estate - Development | Real Estate | 1.77 | 0.82 | 13.57 | 103.05 | 295.49 | 375.71 | 375.71 | 375.71 |
| | Alset Inc | Real Estate - Development | Real Estate | -12.75 | -19.00 | -4.06 | 120.34 | 163.96 | 83.10 | 101.55 | -34.34 |