| Trinity Place Holdings Inc | Real Estate - Development | Real Estate | -4.04 | -22.95 | -0.66 | 6.54 | -13.82 | -75.09 | -87.11 | -93.24 |
| Safe & Green Development Corp | Real Estate - Development | Real Estate | -2.98 | -2.00 | -4.86 | -49.59 | -72.98 | -71.90 | -71.90 | -71.90 |
| Alset Inc | Real Estate - Development | Real Estate | 0.91 | 7.77 | 128.40 | 39.45 | 37.05 | -33.13 | -81.68 | -98.93 |
| American Realty Investors Inc | Real Estate - Development | Real Estate | 1.31 | 0.29 | 1.02 | -28.53 | -17.16 | -30.98 | -13.29 | 26.82 |
| Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 4.31 | -6.01 | -1.12 | 0.38 | 1.14 | -22.45 | -68.71 | -91.28 |
| Corp Inmobiliaria Vesta S.A.B. de C.V. ADR | Real Estate - Development | Real Estate | -1.57 | -2.08 | -15.06 | -20.54 | -22.04 | -4.62 | -4.62 | -4.62 |
| Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 18.85 | 31.49 | 76.42 | 63.93 | -11.71 | -0.32 | -0.32 | -0.32 |
| Murano Global Investments Plc | Real Estate - Development | Real Estate | 2.01 | 13.38 | -18.10 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 |
| Logistic Properties of the Americas | Real Estate - Development | Real Estate | -3.12 | -32.78 | 70.67 | 2.94 | 2.94 | 2.94 | 2.94 | 2.94 |
| Smith Douglas Homes Corp | Real Estate - Development | Real Estate | 0.81 | -1.84 | -11.53 | -19.00 | 4.25 | 4.25 | 4.25 | 4.25 |
| Landsea Homes Corp Wt | Real Estate - Development | Real Estate | -4.80 | -4.80 | -7.17 | -38.58 | -42.29 | 22.60 | -11.77 | -32.00 |
| Amrep Corp | Real Estate - Development | Real Estate | -3.14 | -4.28 | -1.45 | -15.43 | -1.07 | 23.12 | 71.94 | 54.68 |
| Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | -1.62 | -0.98 | -5.88 | -3.18 | 5.56 | 26.14 | -25.31 | -61.81 |
| Landsea Homes Corp | Real Estate - Development | Real Estate | -2.26 | -1.65 | -7.57 | -23.39 | -22.71 | 26.23 | 30.91 | 10.94 |
| Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | 10.22 | 4.59 | 4.65 | 28.35 | 28.35 | 28.35 | 28.35 | 28.35 |
| Forestar Group Inc | Real Estate - Development | Real Estate | -0.19 | 0.94 | -4.40 | -11.21 | -4.91 | 52.85 | 137.87 | 51.70 |