1 Welltower WELL 6,569:1 ◇ 2 Iron Mountain IRM 449:1 ◇ 3 Lineage LINE 356:1 ◇ 4 CBRE Group CBRE 341:1 ◇ 5 Sun Communities SUI 302:1 ◇ 6 Lennar LEN 284:1 ◇ 7 Extra Space Storage EXR 269:1 ◇ 8 Public Storage PSA 255:1 ◇ 9 CubeSmart CUBE 244:1 ◇ 10 D.R. Horton DHI 194:1 ◇ 11 Invitation Homes INVH 185:1 ◇ 12 Equinix EQIX 178:1 ◇ 13 Prologis PLD 177:1 ◇ 14 Empire State Realty Trust ESRT 170:1 ◇ 15 Rexford Industrial Realty REXR 169:1 ◇ 16 Equity Residential EQR 165:1 ◇ 17 BXP Inc BXP 164.5:1 ◇ 18 American Tower AMT 164:1 ◇ 19 Ryman Hospitality Properties RHP 164:1 ◇ 20 Cushman & Wakefield CWK 157:1 ◇ 21 Simon Property Group SPG 148:1 ◇ 22 Healthcare Realty Trust HR 144:1 ◇ 23 PulteGroup PHM 142:1 ◇ 24 Ventas VTR 142:1 ◇ 25 Avalonbay Communities AVB 136:1 ◇ 26 National Storage Affiliates Trust NSA 132:1 ◇ 27 SBA Communications SBAC 131:1 ◇ 28 KB Home KBH 126:1 ◇ 29 Camden Property Trust CPT 122:1 ◇ 30 Douglas Emmett DEI 122:1 ◇ 31 Green Brick Partners GRBK 122:1 ◇ 32 Weyerhaeuser WY 122:1 ◇ 33 UDR Inc UDR 115:1 ◇ 34 SmartStop Self Storage REIT SMA 114:1 ◇ 35 Crown Castle CCI 113:1 ◇ 36 Macerich MAC 110:1 ◇ 37 Arbor Realty Trust ABR 107:1 ◇ 38 Realty Income O 105:1 ◇ 39 Equity LifeStyle Properties ELS 102:1 ◇ 40 Medical Properties Trust MPT 100:1 ◇ 41 Kimco Realty KIM 97:1 ◇ 42 Two Harbors Investment Corp. TWO 90.2:1 ◇ 43 Essex Property Trust ESS 89.2:1 ◇ 44 Healthpeak Properties DOC 88:1 ◇ 45 Agree Realty ADC 86:1 ◇ 46 Hovnanian Enterprises HOV 86:1 ◇ 47 Mid America Apartment Communities MAA 84:1 ◇ 48 Cousins Properties CUZ 80:1 ◇ 49 Independence Realty Trust IRT 80:1 ◇ 50 Regency Centers REG 72:1 ◇ 51 OUTFRONT Media OUT 71:1 ◇ 52 MFA Financial MFA 69.2:1 ◇ 53 Veris Residential VRE 69:1 ◇ 54 NNN REIT, Inc. NNN 68:1 ◇ 55 Americold Realty Trust COLD 67:1 ◇ 56 EastGroup Properties EGP 65:1 ◇ 57 Essential Properties Realty Trust EPRT 65:1 ◇ 58 CBL & Associates Properties CBL 64:1 ◇ 59 Meritage Homes MTH 64:1 ◇ 60 Annaly Capital Management NLY 64:1 ◇ 61 Global Net Lease GNL 63.7:1 ◇ 62 Easterly Government Properties DEA 63:1 ◇ 63 Urban Edge Properties UE 63:1 ◇ 64 Brandywine Realty Trust BDN 62.1:1 ◇ 65 Highwoods Properties HIW 62:1 ◇ 66 Host Hotels & Resorts HST 61:1 ◇ 67 The Geo Group GEO 59:1 ◇ 68 Howard Hughes Holdings HHH 59:1 ◇ 69 Tanger SKT 59:1 ◇ 70 UMH Properties UMH 59:1 ◇ 71 RLJ Lodging Trust RLJ 58.7:1 ◇ 72 American Assets Trust AAT 56:1 ◇ 73 Brixmor Property Group BRX 56:1 ◇ 74 W. P. Carey WPC 53:1 ◇ 75 InvenTrust Properties IVT 52.9:1 ◇ 76 Everus Construction Group ECG 52:1 ◇ 77 Elme Communities ELME 52:1 ◇ 78 First Industrial Realty Trust FR 52:1 ◇ 79 JBG Smith Properties JBGS 51.1:1 ◇ 80 Acadia Realty Trust AKR 51:1 ◇ 81 LGI Homes LGIH 50:1 ◇ 82 American Healthcare REIT AHR 48.6:1 ◇ 83 Rayonier RYN 46:1 ◇ 84 St Joe JOE 45:1 ◇ 85 Omega Healthcare Investors OHI 45:1 ◇ 86 Five Point Holdings, LLC FPH 44.2:1 ◇ 87 Alexandria Real Estate Equities ARE 43:1 ◇ 88 Redwood Trust RWT 43:1 ◇ 89 Phillips Edison & Company PECO 42:1 ◇ 90 Sila Realty Trust SILA 40:1 ◇ 91 Gaming & Leisure Properties GLPI 39.1:1 ◇ 92 Piedmont Realty Trust PDM 39:1 ◇ 93 Summit Hotel Properties INN 38:1 ◇ 94 Vornado Realty Trust VNO 37.1:1 ◇ 95 EPR Properties EPR 37:1 ◇ 96 Ladder Capital LADR 36:1 ◇ 97 LXP Industrial Trust LXP 36:1 ◇ 98 Broadstone Net Lease BNL 35.3:1 ◇ 99 AGNC Investment AGNC 35:1 ◇ 100 Kilroy Realty KRC 32:1 ◇ 101 VICI Properties VICI 30:1 ◇ 102 CTO Realty Growth CTO 29.8:1 ◇ 103 Hudson Pacific Properties HPP 29:1 ◇ 104 STAG Industrial STAG 28:1 ◇ 105 Forestar Group FOR 25:1 ◇ 106 Chimera Investment CIM 24.7:1 ◇ 107 DiamondRock Hospitality DRH 24.5:1 ◇ 108 Apple Hospitality REIT APLE 24.2:1 ◇ 109 Tejon Ranch TRC 24:1 ◇ 110 Whitestone REIT WSR 24:1 ◇ 111 NVR Inc NVR 20:1 ◇ 112 National Health Investors NHI 18:1 ◇ 113 Saul Centers BFS 16.9:1 ◇ 114 Community Healthcare Trust CHCT 16:1 ◇ 115 BrightSpire Capital BRSP 15.7:1 ◇ 116 Getty Realty GTY 14:1 ◇ 117 Curbline Properties CURB 13:1 ◇ 118 LTC Properties LTC 12.7:1 ◇ 119 NexPoint Residential Trust NXRT 11:1 ◇ 120 Granite Point Mortgage Trust GPMT 10.7:1 ◇ 121 Chiron Real Estate XRN 9.9:1 ◇ 122 BRT Apartments BRT 5:1 ◇ 123 Franklin Street Properties FSP 1.4:1 ◇