| | Amrep Corp | Real Estate - Development | Real Estate | -3.72 | -4.02 | -3.46 | 5.61 | -16.13 | -1.56 | 26.31 | 57.29 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | 0.14 | -3.15 | 9.98 | 43.00 | 25.49 | -10.10 | -3.12 | 119.60 |
| | Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 17.89 | 7.49 | -9.46 | -26.91 | -30.21 | -27.54 | -34.95 | -59.80 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -2.37 | -8.41 | -16.73 | -10.90 | 11.23 | -5.45 | -76.36 | -76.36 |
| | Century Communities Inc | Real Estate - Development | Real Estate | 0.34 | -1.89 | 13.33 | 24.95 | -4.19 | -32.64 | -7.67 | 42.64 |
| | Sky Harbour Group Corp | Real Estate - Development | Real Estate | 0.00 | -2.23 | 4.56 | 1.64 | -4.44 | -11.43 | 134.22 | 124.73 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | -0.87 | -0.35 | 4.41 | 3.46 | 1.25 | 78.06 | 82.64 | 56.91 |
| | Alset Inc | Real Estate - Development | Real Estate | -4.73 | 8.46 | 5.22 | 67.80 | 54.10 | 16.53 | 7.63 | -74.55 |
| | Belpointe PREP LLC | Real Estate - Development | Real Estate | 0.26 | 0.82 | -3.88 | -3.14 | 2.79 | -3.09 | -29.67 | -37.05 |
| | Safe & Green Development Corp | Real Estate - Development | Real Estate | -2.54 | -6.50 | -8.73 | -5.74 | -3.40 | -77.64 | -96.53 | -96.53 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | -2.82 | -4.94 | -2.78 | 2.24 | -7.37 | -47.04 | -18.29 | -18.29 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | 0.00 | -5.48 | -22.52 | -40.41 | -52.74 | -17.90 | -43.50 | -43.50 |
| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | -4.41 | 10.05 | -5.70 | 5.15 | -16.88 | 82.87 | 51.73 | 51.73 |
| | Logistic Properties of the Americas | Real Estate - Development | Real Estate | 2.37 | -3.57 | 4.68 | -21.52 | -33.09 | -38.77 | -59.44 | -59.44 |
| | JFB Construction Holdings Cl A | Real Estate - Development | Real Estate | -10.66 | -15.88 | -12.55 | -4.47 | 77.14 | 77.14 | 77.14 | 77.14 |
| | Corp Inmobiliaria Vesta S.A.B. de C.V. ADR | Real Estate - Diversified | Real Estate | -1.72 | -3.82 | -1.05 | -5.13 | 19.34 | 3.12 | -25.06 | -10.44 |
| | Howard Hughes Holdings Inc | Real Estate - Diversified | Real Estate | 0.95 | 1.03 | 8.05 | 10.70 | -3.70 | 1.92 | 2.10 | 2.35 |
| | Stratus Properties Inc | Real Estate - Diversified | Real Estate | 1.14 | -0.10 | 11.77 | 1.35 | 5.30 | -28.93 | -30.00 | -33.53 |
| | St. Joe Co | Real Estate - Diversified | Real Estate | -0.39 | -1.73 | -2.38 | 13.68 | 6.13 | -12.45 | -16.73 | 35.67 |
| | Gyrodyne LLC | Real Estate Services | Real Estate | 0.00 | -0.84 | 14.43 | 25.04 | 20.34 | 29.78 | -0.19 | -3.27 |
| | IHS Holding Ltd | Real Estate Services | Real Estate | -0.14 | 2.26 | 12.06 | 33.52 | 98.63 | 118.37 | -2.95 | 2.84 |
| | IRSA-Inversiones y Representaciones S.A. Gdr | Real Estate Services | Real Estate | -1.61 | -3.03 | -9.54 | -4.73 | 10.78 | 51.69 | 100.24 | 264.06 |
| | Jones Lang LaSalle Inc | Real Estate Services | Real Estate | 0.30 | 0.78 | 10.76 | 37.24 | 12.39 | 21.12 | 74.96 | 75.98 |
| | Maui Land & Pineapple Co Inc | Real Estate Services | Real Estate | -0.23 | 1.58 | 5.21 | 9.51 | -10.69 | -27.22 | 21.62 | 77.17 |
