DV
Dividend Vision

Alternatives

Best IYRI Alternatives in 2026

Real estate income ETFs to compare with the NEOS Real Estate High Income ETF.

Data updated August 2026 · 12 ETFs

ETFs listed12
Avg yield5.04%
Avg expense ratio0.32%

Who this page is for

Best for

  • IYRI holders comparing similar funds, fees, payouts, and strategy design
  • REIT investors comparing tax-aware option income with conventional real estate ETFs
  • Investors who will compare total return and NAV trend alongside distribution rate

Not a fit for

  • Investors seeking broad equities or direct ownership of physical property
  • Anyone treating a current distribution rate as guaranteed future income
  • Investors choosing from headline yield alone without reviewing the underlying exposure

Analysis

IYRI combines real estate equities with an options income overlay. VNQ, SCHH, XLRE, REET, IYR, and USRT are conventional real estate benchmarks without the same call strategy, while RNTY provides another income-oriented implementation. Sector concentration and interest-rate sensitivity remain even when option premiums support distributions. Compare upside capture, payout composition, fees, NAV behavior, and total return.

See this list inside your portfolio

A ranked list is a starting point. Dividend Vision turns it into a plan — forecasting the income your holdings actually generate and putting each fund's yield next to its total return and risk.

7 days of Pro included · no credit card · free plan afterward

How these alternatives are selected

  • Universe: a hand-curated peer set, split into close peers (1 here — same core exposure and same income mechanism, so a like-for-like swap) and broader substitutes (a different index, underlying asset, or income mechanism). Every fund is labelled in the Strategy fit column; IYRI itself is excluded.
  • Eligibility: active ETFs only — liquidated, delisted, and renamed funds drop out automatically. Leveraged and inverse products are never listed: a daily-reset 2x or -1x fund is not an alternative to a long income position.
  • Ranking: assets under management, a size-and-liquidity proxy. Never ranked by yield — yields are shown as data, not used to order the list.
  • Fit: how each fund's strategy differs from IYRI — and who each one suits — is covered in the strategy notes and FAQ below.

Top picks

Top 3 IYRI alternatives by assets under management.

Yield distribution

0-2%12-5%75-8%18-12%212%+1

Expense ratio distribution

0-0.20%50.20-0.50%50.50-0.75%10.75-1.00%1

Income projection

Estimated income if the current average distribution rate of 5.04% held for a full year with share prices unchanged. Distribution rate is not total return—a fund can pay a large distribution while its share price falls—so treat these as an upper-bound illustration, not a forecast.

InvestmentAnnual incomeMonthly incomeWeekly income
$10,000$504$42$10
$25,000$1,260$105$24
$50,000$2,520$210$48
$100,000$5,039$420$97

Issuer breakdown

Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.

iShares4
State Street2
Vanguard1
Schwab1
Invesco1
Global X1
InfraCap1
YieldMax1

All 12 ETFs

Ticker Name Strategy fit Issuer Yield Expense ratio AUM Frequency
VNQVanguard Real Estate ETFBroader substituteVanguard3.46%0.12%$39.3BQuarterly
SCHHSchwab U.S. REIT ETFBroader substituteSchwab2.79%0.07%$11.4BQuarterly
XLREReal Estate Select Sector SPDR FundBroader substituteState Street3.37%0.09%$8.6BQuarterly
REETiShares Global REIT ETFBroader substituteiShares2.79%0.14%$5.1BQuarterly
USRTiShares Core U.S. REIT ETFBroader substituteiShares2.22%0.08%$4.6BQuarterly
IYRiShares U.S. Real Estate ETFBroader substituteiShares1.94%0.40%$4.5BQuarterly
ICFiShares Select U.S. REIT ETFBroader substituteiShares2.21%0.33%$2.1BQuarterly
RWRState Street SPDR Dow Jones REIT ETFBroader substituteState Street3.37%0.25%$1.9BQuarterly
KBWYInvesco KBW Premium Yield Equity REIT ETFBroader substituteInvesco7.98%0.35%$314MMonthly
SRETGlobal X SuperDividend REIT ETFBroader substituteGlobal X9.76%0.59%$232MMonthly
PFFRVirtus InfraCap REIT Preferred ETFBroader substituteInfraCap8.35%0.45%$121MMonthly
RNTYYieldMax Real Estate Premium Income ETFClose peerYieldMax12.23%0.99%$9MMonthly

Frequently asked questions

What are the best iyri alternatives?

This page lists the top 12 ETFs in this category ranked by key metrics. The list includes funds from issuers like Vanguard, Schwab, State Street, iShares and more.

How often is this list updated?

The data on this page is refreshed regularly using the latest available distribution rates, expense ratios, and AUM figures. Last updated August 2026.

What is the average yield of these ETFs?

The average distribution yield across the 12 ETFs on this list is 5.04%. Individual yields range from 1.94% to 12.23%.

What is the closest alternative to IYRI?

RNTY is an income-oriented comparison, while VNQ, SCHH, and IYR are useful unhedged real estate benchmarks for measuring the overlay's trade-offs.

What should I compare when choosing a IYRI alternative?

Compare REIT exposure, option coverage, rate sensitivity, distribution character, fees, liquidity, upside capture, NAV trend, and total return.

Does a higher-yielding IYRI alternative produce a better return?

Not necessarily. Distribution rate measures cash paid, not wealth created. Compare total return, NAV trend, fees, distribution composition, and the amount of upside surrendered by any options overlay.

Explore more

Learn the method

The metrics and risks behind this list, explained in the Academy.

From the blog

Put this list to work in your portfolio

Import or build a portfolio to see income forecasts, upcoming distributions, income concentration, and risk across everything you own — and where a fund's yield and total return diverge.

7 days of Pro included · no credit card · free plan afterward