| Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | 29.67 | 54.55 | 35.78 | 22.65 | 22.65 | 22.65 | 22.65 | 22.65 |
| Safe & Green Development Corp | Real Estate - Development | Real Estate | -17.10 | 31.66 | -20.80 | -37.18 | 16.82 | -70.46 | -70.46 | -70.46 |
| Murano Global Investments Plc | Real Estate - Development | Real Estate | 2.92 | 15.98 | 7.52 | 22.61 | 22.61 | 22.61 | 22.61 | 22.61 |
| Green Giant Inc | Real Estate - Development | Real Estate | 23.76 | 15.29 | 13.48 | -4.49 | -96.38 | -98.69 | -98.69 | -98.79 |
| Landsea Homes Corp | Real Estate - Development | Real Estate | 3.20 | 5.64 | -10.43 | -15.21 | 8.64 | 57.16 | 41.23 | 13.05 |
| Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 0.00 | 3.95 | -11.09 | -30.70 | -44.48 | -43.50 | -43.50 | -43.50 |
| Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | 4.53 | 3.86 | 4.19 | 1.57 | 25.68 | 43.56 | -37.16 | -52.92 |
| Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 3.54 | 2.28 | -1.11 | -2.82 | -3.93 | -30.31 | -75.98 | -88.74 |
| Trinity Place Holdings Inc | Real Estate - Development | Real Estate | -2.71 | 1.64 | -8.77 | -28.39 | -62.22 | -73.30 | -88.36 | -92.39 |
| Amrep Corp | Real Estate - Development | Real Estate | 0.05 | 0.49 | -1.50 | -5.10 | 33.77 | 50.49 | 73.15 | 92.54 |
| Corp Inmobiliaria Vesta S.A.B. de C.V. ADR | Real Estate - Development | Real Estate | -1.44 | 0.20 | 1.83 | -2.84 | -0.66 | 12.29 | 12.29 | 12.29 |
| Forestar Group Inc | Real Estate - Development | Real Estate | -0.27 | -1.52 | -8.91 | 3.29 | 8.31 | 69.98 | 115.64 | 43.33 |
| American Realty Investors Inc | Real Estate - Development | Real Estate | 4.32 | -2.34 | -11.23 | -36.79 | -0.65 | -20.28 | -32.98 | 62.65 |
| Landsea Homes Corp Wt | Real Estate - Development | Real Estate | 2.55 | -3.19 | -26.41 | -26.78 | 17.60 | 15.22 | -2.33 | -26.75 |
| Smith Douglas Homes Corp | Real Estate - Development | Real Estate | -3.78 | -4.72 | 3.67 | 4.78 | 17.83 | 17.83 | 17.83 | 17.83 |
| Alset Inc | Real Estate - Development | Real Estate | 4.74 | -7.95 | -23.15 | -55.00 | -61.89 | -65.53 | -92.89 | -99.35 |