USRT — iShares Core US REIT ETF
iShares (BlackRock) · Expense Ratio: 0.08% · Real Estate · 9bp below the Real Estate category average of 0.17%
Key Facts
| Ticker | USRT |
| Full Name | iShares Core US REIT ETF |
| Provider | iShares (BlackRock) |
| Expense Ratio | 0.08% |
| Category | Real Estate |
| Assets Under Management | $3B |
| Inception Year | 2007 (19 years ago) |
| Number of Holdings | 130 |
| Dividend Yield | ~3% (high) |
| Top Holdings | PLD, AMT, EQIX, WELL |
What Is USRT?
USRT, managed by iShares (BlackRock), launched in 2007, is a smaller fund — check bid-ask spreads before making large trades in the Real Estate category. Real estate investment trust ETF providing exposure to commercial and residential property markets. With $3B in assets under management, investors should verify current bid-ask spreads, especially for large orders.
USRT in a FIRE Portfolio
This fund serves as a satellite position — adding targeted exposure to real estate within a FIRE portfolio built around a broad-market core.
Satellite holdings typically make up 5-20% of your portfolio. REITs provide diversification from stocks and bonds — a 5-15% allocation adds real asset exposure and steady dividend income for FIRE portfolios.
Cost Analysis: How USRT's 0.08% Fee Affects Your FIRE Timeline
At 0.08%, USRT is very cost-effective. Annual fees on a $100K investment: $80. Over 30 years, the fee drag shaves approximately 0.5% off your total returns. For a $1M FIRE portfolio, that's about $8,000 in cumulative fees — noticeable but reasonable for most investors.
Dividend Income Potential
With a high dividend yield of approximately 3%, here's what USRT could generate in annual income at different portfolio sizes:
| Portfolio Value | Annual Dividend Income | Monthly Income |
|---|---|---|
| $100,000 | $3,000/year | $250/month |
| $250,000 | $7,500/year | $625/month |
| $500,000 | $15,000/year | $1,250/month |
| $1,000,000 | $30,000/year | $2,500/month |
Frequently Asked Questions About USRT
What is the expense ratio for USRT?
USRT has an expense ratio of 0.08%. This is very cost-effective — on a $100K portfolio, annual fees are $80. 9bp below the real estate category average of 0.17%.
Is USRT good for a FIRE portfolio?
This fund serves as a satellite position — adding targeted exposure to real estate within a FIRE portfolio built around a broad-market core. Its 0.08% expense ratio is very cost-effective for the Real Estate category.
How does the 0.08% fee affect long-term returns?
At 0.08%, you'll pay $80/year per $100K invested. Over 30 years, fees reduce total returns by approximately 0.5%. Use the embedded calculator below to model the exact impact on your specific portfolio.
Is USRT liquid enough for my portfolio?
USRT manages $3B in assets — a smaller fund — check bid-ask spreads before making large trades. For most individual FIRE investors making regular contributions, liquidity is sufficient. If you're investing large lump sums ($100K+), use limit orders to control your execution price.
Similar ETFs in Real Estate
- VNQ — Vanguard Real Estate ETF (0.13% · Satellite Position)
- SCHH — Schwab US REIT ETF (0.07% · Satellite Position)
- IYR — iShares US Real Estate ETF (0.4% · Satellite Position)
- REET — iShares Global REIT ETF (0.14% · Satellite Position)
- XLRE — Real Estate Select Sector SPDR (0.1% · Satellite Position)
- RWR — SPDR Dow Jones REIT ETF (0.25% · Satellite Position)