| | Amrep Corp | Real Estate - Development | Real Estate | 0.10 | 6.35 | -8.64 | -17.63 | -25.09 | -10.90 | -25.89 | 26.85 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | -0.50 | 1.64 | -2.43 | -6.52 | -6.65 | 0.31 | -16.51 | 11.50 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 0.91 | 2.59 | 1.83 | -13.95 | -13.28 | -35.47 | -28.62 | -79.33 |
| | Century Communities Inc | Real Estate - Development | Real Estate | -0.72 | 6.10 | -5.67 | -16.39 | -2.31 | -10.19 | -35.05 | 0.92 |
| | RenX Enterprises Corp | Real Estate - Development | Real Estate | -14.08 | -29.07 | -32.60 | -37.44 | -54.98 | -75.92 | -75.92 | -75.92 |
| | Sky Harbour Group Corp | Real Estate - Development | Real Estate | 4.84 | 4.73 | -4.22 | -6.57 | -8.45 | -6.84 | -11.84 | 41.60 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | -6.67 | -3.45 | -11.02 | -16.17 | -17.00 | -31.03 | 7.69 | 77.22 |
| | Alset Inc | Real Estate - Development | Real Estate | -6.69 | -10.81 | -27.70 | -48.21 | -66.91 | -78.07 | -69.60 | -54.16 |
| | Howard Hughes Holdings Inc | Real Estate - Development | Real Estate | 1.01 | 2.18 | 10.10 | 6.75 | 9.55 | -13.72 | -8.75 | 10.17 |
| | Belpointe PREP LLC | Real Estate - Development | Real Estate | -2.62 | 1.47 | -18.11 | -19.75 | -27.45 | -42.92 | -43.76 | -48.27 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | 2.96 | 0.38 | 1.16 | -28.69 | -27.55 | -40.10 | -68.82 | -56.50 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | -6.92 | -19.33 | -7.85 | 5.02 | -37.33 | -91.42 | -97.11 | -97.61 |
| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | 0.00 | -0.79 | 1.15 | -54.64 | -80.91 | -89.59 | -94.66 | -93.65 |
| | Brookfield BRP Holdings (Canada | Real Estate - Development | Real Estate | 1.10 | 2.63 | 2.17 | -5.42 | -8.21 | -4.45 | 0.74 | 7.65 |
| | Logistic Properties of the Americas | Real Estate - Development | Real Estate | 0.00 | -1.85 | -12.25 | -8.62 | -26.39 | -25.77 | -67.88 | -83.44 |
| | Corp Inmobiliaria Vesta S.A.B. de C.V. ADR | Real Estate - Diversified | Real Estate | 1.54 | 3.47 | 10.69 | 7.87 | 2.51 | 33.30 | 45.69 | 26.44 |
| | St. Joe Co | Real Estate - Diversified | Real Estate | -2.71 | -1.23 | 2.61 | 8.76 | -2.89 | 35.06 | 20.92 | 42.59 |
| | IRSA-Inversiones y Representaciones S.A. Gdr | Real Estate Services | Real Estate | 3.10 | 3.68 | -3.04 | -3.30 | -0.14 | 33.26 | 35.25 | 174.95 |
| | Jones Lang LaSalle Inc | Real Estate Services | Real Estate | -3.92 | -1.71 | -7.33 | -5.97 | -11.06 | -5.09 | 15.10 | 140.91 |
| | IHS Holding Ltd | Real Estate Services | Real Estate | -0.12 | 0.00 | 0.24 | 2.43 | 2.68 | 25.60 | 182.27 | 70.51 |
| | Maui Land & Pineapple Co Inc | Real Estate Services | Real Estate | 0.28 | -2.93 | -11.97 | -16.35 | -7.28 | -9.40 | -33.35 | -2.39 |
| | New England Realty Associates LP | Real Estate Services | Real Estate | 0.00 | -4.23 | -8.65 | -16.67 | -20.17 | -33.03 | -35.36 | -20.59 |
| | CoStar Group Inc | Real Estate Services | Real Estate | -4.32 | 4.98 | 20.03 | 24.98 | -9.26 | -56.32 | -53.42 | -53.69 |
| | American Realty Investors Inc | Real Estate Services | Real Estate | -0.67 | -1.57 | 13.51 | 10.58 | 12.41 | 8.23 | 6.75 | 26.55 |