| 1 | AIV | Apartment Investment and Management Company TTM · 2026-01-31 | REITs | $257M | 0.5 |
| 2 | SITC | SITE Centers Corp. FY · 2025-12-31 | REITs | $163M | 0.9 |
| 3 | LRE | LEAD REAL ESTATE CO., LTD FY · 2025-06-30 | Real Estate Services | $15M | 2.7 |
| 4 | ABR | Arbor Realty Trust, Inc. FY · 2025-12-31 | REITs | $535M | 3.4 |
| 5 | LGPS | LOGPROSTYLE INC. FY · 2026-03-31 | Real Estate Services | $17M | 3.4 |
| 6 | CRESY | Cresud Inc. FY · 2025-06-30 | Real Estate Services | $810M | 3.8 |
| 7 | ADAM | ADAMAS TRUST, INC. FY · 2025-12-31 | REITs | $688M | 4.6 |
| 8 | NLY | ANNALY CAPITAL MANAGEMENT INC TTM · 2026-06-30 | REITs | $13.8B | 4.7 |
| 9 | MFA | MFA FINANCIAL, INC. TTM · 2026-06-30 | REITs | $695M | 4.7 |
| 10 | LPA | Logistic Properties of the Americas FY · 2025-12-31 | Real Estate Services | $91M | 5.6 |
| 11 | DOUG | DOUGLAS ELLIMAN INC. TTM · 2026-06-30 | Real Estate Services | $141M | 5.7 |
| 12 | DFH | DREAM FINDERS HOMES, INC. TTM · 2026-06-30 | Real Estate Services | $849M | 5.8 |
| 13 | FPH | Five Point Holdings, LLC TTM · 2026-06-30 | Real Estate Services | $322M | 6.1 |
| 14 | IRS | IRSA Investments and Representations Inc. FY · 2025-06-30 | Real Estate Services | $1.2B | 6.2 |
| 15 | DX | DYNEX CAPITAL, INC. TTM · 2026-06-30 | REITs | $2.7B | 6.2 |
| 16 | CBL | CBL & ASSOCIATES PROPERTIES, INC. TTM · 2026-06-30 | REITs | $1.5B | 6.9 |
| 17 | PETZ | TDH Holdings, Inc. FY · 2025-12-31 | Real Estate Services | $13M | 7.2 |
| 18 | ALX | ALEXANDERS INC TTM · 2026-06-30 | REITs | $1.2B | 7.2 |
| 19 | SAFE | Safehold Inc. TTM · 2026-06-30 | REITs | $850M | 7.3 |
| 20 | FOR | FORESTAR GROUP INC. TTM · 2026-06-30 | Real Estate Services | $1.3B | 7.7 |
| 21 | MRP | Millrose Properties, Inc. TTM · 2026-06-30 | Real Estate Services | $3.7B | 7.8 |
| 22 | CHCI | Comstock Holding Companies, Inc. TTM · 2026-06-30 | Real Estate Services | $192M | 7.9 |
| 23 | MHO | M/I HOMES, INC. FY · 2025-12-31 | Real Estate Services | $3.2B | 8.0 |
| 24 | LOAN | MANHATTAN BRIDGE CAPITAL, INC. TTM · 2026-06-30 | REITs | $39M | 8.2 |
| 25 | AOMR | Angel Oak Mortgage REIT, Inc. TTM · 2026-06-30 | Real Estate Services | $169M | 9.0 |
| 26 | VICI | VICI Properties Inc. TTM · 2026-06-30 | REITs | $25.2B | 9.1 |
| 27 | GRBK | Green Brick Partners, Inc. TTM · 2026-06-30 | Real Estate Services | $2.7B | 9.3 |
| 28 | PHM | PULTEGROUP, INC. FY · 2025-12-31 | Real Estate Services | $21.4B | 9.6 |
| 29 | SUI | SUN COMMUNITIES, INC FY · 2025-12-31 | REITs | $13.9B | 9.8 |
| 30 | TOL | Toll Brothers, Inc. TTM · 2026-07-31 | Real Estate Services | $12.3B | 10.2 |
| 31 | IIPR | Innovative Industrial Properties, Inc. TTM · 2026-06-30 | Real Estate Services | $1.4B | 10.4 |
| 32 | CCS | Century Communities, Inc. FY · 2025-12-31 | Real Estate Services | $1.6B | 10.7 |
| 33 | KBH | | Real Estate Services | $2.6B | 11.5 |
| 34 | MTH | Meritage Homes Corporation TTM · 2026-06-30 | Real Estate Services | $3.8B | 11.6 |
| 35 | SPG | SIMON PROPERTY GROUP, INC. FY · 2025-12-31 | REITs | $64.5B | 12.0 |
| 36 | RYN | RAYONIER INC. TTM · 2026-03-31 | REITs | $5.6B | 12.1 |
| 37 | DHI | D.R. Horton, Inc. TTM · 2026-06-30 | Real Estate Services | $37.7B | 12.4 |
| 38 | EFC | Ellington Financial Inc. FY · 2025-12-31 | Real Estate Services | $1.5B | 12.7 |
| 39 | VTMX | Vesta Real Estate Corporation, S.A.B. de C.V. FY · 2025-12-31 | Real Estate Services | $3.1B | 13.0 |
| 40 | SDHC | Smith Douglas Homes Corp. TTM · 2026-06-30 | Real Estate Services | $85M | 13.2 |
| 41 | NVR | NVR, Inc. TTM · 2026-06-30 | Real Estate Services | $15.7B | 13.8 |
| 42 | OLP | ONE LIBERTY PROPERTIES, INC. TTM · 2026-06-30 | REITs | $481M | 13.8 |
| 43 | JLL | Jones Lang LaSalle Incorporated TTM · 2026-06-30 | Real Estate Services | $13.8B | 13.8 |
| 44 | LGIH | LGI HOMES, INC. FY · 2025-12-31 | Real Estate Services | $1.0B | 14.0 |
| 45 | HST | HOST HOTELS & RESORTS, INC. TTM · 2026-06-30 | REITs | $15.5B | 15.1 |
| 46 | OHI | OMEGA HEALTHCARE INVESTORS, INC. TTM · 2026-06-30 | REITs | $13.5B | 15.7 |
| 47 | EPR | EPR PROPERTIES TTM · 2026-06-30 | REITs | $4.2B | 15.9 |
| 48 | KRG | KITE REALTY GROUP TRUST FY · 2025-12-31 | REITs | $4.8B | 16.0 |
| 49 | KRC | KILROY REALTY CORPORATION TTM · 2026-03-31 | REITs | $4.0B | 16.3 |
| 50 | DRH | DIAMONDROCK HOSPITALITY CO TTM · 2026-06-30 | REITs | $2.6B | 16.8 |
| 51 | LTC | LTC PROPERTIES INC TTM · 2026-06-30 | REITs | $2.3B | 16.9 |
| 52 | GTY | GETTY REALTY CORP. TTM · 2026-06-30 | Real Estate Services | $1.7B | 17.3 |
| 53 | BXMT | BLACKSTONE MORTGAGE TRUST, INC. TTM · 2026-03-31 | REITs | $1.9B | 17.9 |
| 54 | TRNO | Terreno Realty Corporation TTM · 2026-06-30 | Real Estate Services | $7.1B | 18.2 |
| 55 | FRT | FEDERAL REALTY INVESTMENT TRUST TTM · 2026-03-31 | REITs | $9.2B | 18.2 |
| 56 | IOR | INCOME OPPORTUNITY REALTY INVESTORS, INC. TTM · 2026-06-30 | REITs | $70M | 18.7 |
| 57 | AXR | AMREP CORP. TTM · 2026-07-31 | Real Estate Services | $110M | 18.8 |
| 58 | SBAC | SBA COMMUNICATIONS CORPORATION TTM · 2026-06-30 | REITs | $19.4B | 19.5 |
| 59 | CIGI | Colliers International Group Inc. FY · 2025-12-31 | Real Estate Services | $4.4B | 19.7 |
| 60 | NNN | NNN REIT, INC. TTM · 2026-06-30 | REITs | $7.7B | 20.1 |
| 61 | NMRK | NEWMARK GROUP, INC. TTM · 2026-06-30 | Real Estate Services | $2.2B | 20.4 |
| 62 | IVT | INVENTRUST PROPERTIES CORP. FY · 2025-12-31 | REITs | $2.3B | 20.8 |
| 63 | BFS | SAUL CENTERS, INC. TTM · 2026-06-30 | REITs | $742M | 21.3 |
| 64 | FR | FIRST INDUSTRIAL REALTY TRUST, INC. TTM · 2026-06-30 | REITs | $7.9B | 21.6 |
| 65 | CDP | COPT DEFENSE PROPERTIES TTM · 2026-06-30 | REITs | $3.8B | 22.1 |
| 66 | WPC | W. P. Carey Inc. TTM · 2026-06-30 | REITs | $14.4B | 22.2 |
| 67 | UDR | UDR, Inc. TTM · 2026-03-31 | REITs | $11.0B | 22.3 |
| 68 | NHI | National Health Investors, Inc. FY · 2025-12-31 | REITs | $3.2B | 22.4 |
| 69 | UE | URBAN EDGE PROPERTIES TTM · 2026-03-31 | Real Estate Services | $2.4B | 22.6 |
| 70 | REG | REGENCY CENTERS CORPORATION TTM · 2026-03-31 | REITs | $13.2B | 24.1 |
| 71 | KIM | KIMCO REALTY CORPORATION TTM · 2026-06-30 | REITs | $14.9B | 24.5 |
| 72 | ECG | Everus Construction Group, Inc. TTM · 2026-06-30 | Real Estate Services | $6.3B | 24.6 |
| 73 | GOOD | GLADSTONE COMMERCIAL CORP TTM · 2026-06-30 | Real Estate Services | $614M | 24.8 |
| 74 | CXW | CORECIVIC, INC. TTM · 2026-06-30 | REITs | $3.3B | 25.5 |
| 75 | BN | BROOKFIELD CORPORATION FY · 2025-12-31 | Real Estate Services | $82.8B | 25.6 |
| 76 | CUBE | CUBESMART TTM · 2026-03-31 | REITs | $8.5B | 26.3 |
| 77 | SELF | GLOBAL SELF STORAGE, INC. TTM · 2026-06-30 | REITs | $56M | 26.3 |
| 78 | PSA | Public Storage TTM · 2026-06-30 | REITs | $54.2B | 26.5 |
| 79 | LAMR | LAMAR ADVERTISING CO/NEW TTM · 2026-06-30 | REITs | $14.9B | 26.7 |
| 80 | INVH | Invitation Homes Inc. FY · 2025-12-31 | Real Estate Services | $15.8B | 26.9 |
| 81 | AMT | AMERICAN TOWER CORPORATION TTM · 2026-03-31 | REITs | $84.9B | 28.2 |
| 82 | ELS | EQUITY LIFESTYLE PROPERTIES, INC. FY · 2025-12-31 | REITs | $11.5B | 28.5 |
| 83 | CBRE | CBRE GROUP, INC. TTM · 2026-06-30 | Real Estate Services | $37.9B | 29.1 |
| 84 | WY | WEYERHAEUSER COMPANY TTM · 2026-06-30 | REITs | $13.8B | 29.2 |
| 85 | CPT | CAMDEN PROPERTY TRUST FY · 2025-12-31 | REITs | $11.3B | 29.4 |
| 86 | UHT | UNIVERSAL HEALTH REALTY INCOME TRUST FY · 2025-12-31 | REITs | $522M | 29.7 |
| 87 | EXR | EXTRA SPACE STORAGE INC. TTM · 2026-06-30 | REITs | $28.4B | 29.7 |
| 88 | FSV | FirstService Corporation FY · 2025-12-31 | Real Estate Services | $5.7B | 29.7 |
| 89 | JOE | The St. Joe Company TTM · 2026-06-30 | Real Estate Services | $3.7B | 30.0 |
| 90 | RHP | RYMAN HOSPITALITY PROPERTIES, INC. TTM · 2026-06-30 | REITs | $8.3B | 30.5 |
| 91 | ARL | American Realty Investors, Inc TTM · 2026-06-30 | Real Estate Services | $266M | 31.8 |
| 92 | PLD | Prologis, Inc. TTM · 2026-03-31 | REITs | $123.1B | 33.1 |
| 93 | HIW | HIGHWOODS PROPERTIES, INC. TTM · 2026-03-31 | REITs | $3.2B | 33.4 |
| 94 | BXP | | REITs | $9.4B | 34.1 |
| 95 | EGP | EASTGROUP PROPERTIES, INC. TTM · 2026-06-30 | REITs | $10.5B | 34.6 |
| 96 | MAA | MID-AMERICA APARTMENT COMMUNITIES, INC. TTM · 2026-03-31 | REITs | $13.6B | 34.8 |
| 97 | HOV | HOVNANIAN ENTERPRISES INC TTM · 2026-07-31 | Real Estate Services | $631M | 34.8 |
| 98 | ADC | AGREE REALTY CORPORATION TTM · 2026-06-30 | REITs | $8.2B | 36.5 |
| 99 | LXP | LXP INDUSTRIAL TRUST TTM · 2026-03-31 | REITs | $3.6B | 38.3 |
| 100 | CCI | CROWN CASTLE INC. TTM · 2026-06-30 | REITs | $33.9B | 39.3 |