SPDR Dow Jones REIT ( RWR ) tracks a subset of IYR's index, excluding mortgage/timber REITS and other types of holdings that are impacted by factors other than the value of real estate. Unlike equities, however, income-generating real estate has some inflation-hedging qualities because property prices move in line with inflation and nonsticky rents can change as needed. IShares Cohen & Steers Realty Majors ( ICF ) is a good option for investors willing to sacrifice liquidity, cost, and size to capture the performance of just the largest few U.S. equity REITs.