ETF Evaluator:
iShares International Dev Real Est ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Global Real Estate Over the Last Year
| 26.9% | WisdomTree New Economy Real Estate ETF (WTRE) |
| 21.0% | State Street® SPDR® Dow Jones® GlbRE ETF (RWO) |
| 20.0% | iShares Global REIT ETF (REET) |
| 17.7% | iShares Environmentally Aware Rl Est ETF (ERET) |
| 17.0% | Vert Global Sustainable Real Estate ETF (VGSR) |
Risk
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Risk
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ETF Details
iShares International Dev Real Est ETF Overview
iShares International Dev Real Est ETF (IFGL) is a passively managed Sector Equity Global Real Estate exchange-traded fund (ETF). iShares launched the ETF in 2007.
The investment seeks to track the investment results of the FTSE EPRA Nareit Developed ex US Index composed of real estate equities in developed non-U.S. markets.
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of companies engaged in the ownership, trading and development of income-producing real estate in the developed real estate markets (except for the U.S.) as defined by FTSE EPRA Nareit.
About iShares International Dev Real Est ETF (IFGL)
There are 4 members of the management team with an average tenure of 4.48 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: FTSE AW Ex US TR USD index with a weighting of 100% and FTSE EPRA Nareit Developed Ex US NR USD index with a weighting of 100%. iShares International Dev Real Est ETF has 283 securities in its portfolio. The top 10 holdings constitute 28.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares International Dev Real Est ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares International Dev Real Est ETF has 97.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 97.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares International Dev Real Est ETF has 1.1% of the portfolio in cash.
Assets Under Management
The fund has $83 million in total assets, which is below the $1 billion average for the Global Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IFGL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares International Dev Real Est ETF expense ratio is average compared to funds in the Global Real Estate category. iShares International Dev Real Est ETF has an expense ratio of 0.48%, which is 19% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares International Dev Real Est ETF has a portfolio turnover rate of 9%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 27% for the Global Real Estate category.
Recently, in the month of July 2026, iShares International Dev Real Est ETF returned 3.4%, which earned it a grade of B, as the Global Real Estate category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares International Dev Real Est ETF has a trailing yield of 4.04%, which is above the 3.59% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares International Dev Real Est ETF Grades
Year to date, the ETF has returned 1.7%, 8.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 8.9% over the past year (grade of F), 7.2% over the past three years (grade of D) and -1.9% per year over the past five years (grade of F) and 1.4% per year over the past 10 years (grade of F).
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IFGL Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IFGL Return (NAV) | 3.4% | -1.8% | 8.9% | 7.2% | -1.9% | 1.4% |
| IFGL Return (Price) | 3.5% | -1.7% | 9.1% | 7.3% | -1.9% | 1.5% |
| NAV +/- Price Return | -0.154% | -0.098% | -0.145% | -0.105% | -0.026% | -0.066% |
| Global Real Estate Avg | 2.4% | 1.8% | 15.3% | 9.0% | 0.8% | 2.5% |
| IFGL Grade (NAV) | B | F | F | D | F | F |
| +/- Category (NAV) | 1.0% | -3.6% | -6.3% | -1.8% | -2.8% | -1.1% |
| IFGL Tax-Cost Ratio | na | na | 1.5% | 1.2% | 1.1% | 1.5% |
IFGL Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IFGL Return (NAV) | 1.7% | 25.2% | -8.3% | 5.9% | -24.2% | 8.0% | -7.2% | 20.8% | -6.7% | 19.9% | 1.1% |
| IFGL Return (Price) | 1.9% | 24.3% | -7.2% | 5.4% | -24.2% | 8.3% | -7.7% | 20.6% | -6.4% | 20.0% | 1.4% |
| NAV +/- Price Ret | 0.120% | -0.037% | -0.129% | -0.074% | -0.002% | 0.040% | 0.065% | -1.0% | -4.7% | 0.7% | 31.3% |
| Global Real Estate Avg | 9.8% | 13.8% | -0.6% | 9.2% | -24.1% | 18.9% | -9.3% | 21.8% | -8.1% | 18.5% | 3.3% |
| IFGL Grade (NAV) | F | A | F | F | C | F | B | F | B | B | F |
| +/- Category | -8.1% | 11.4% | -7.6% | -3.4% | -0.1% | -10.9% | 2.1% | -1.0% | 1.4% | 1.4% | -2.3% |
| Risk Measures | |
| Beta: | 1.00 |
| R-Squared: | 48% |
| Standard Deviation: | 18.2% |
| Category Risk Index: | 1.11 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.48 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 4.0% |
| Total Assets: | $ 83 Mil |
| Share Class Assets: | $ 83 Mil |
| Turnover: | 9.0% |
| Expense Ratio: | 0.48% |
| Index Fund: | Yes |
| Index Tracked: | FTSE AW Ex US TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 13.9 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Hsui Jennifer (2012), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 283 |
| % in Top 10 Holdings: | 28.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 97.8% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 97.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 1.2% |
| Cash: | 1.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | November 12, 2007 |
Expenses and Fees
| Expense Ratio (%): | 0.48% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.40% |
