iShares Mortgage Real Estate Capped ETF (REM) Performance
REM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −16.5% since Dec 31, 2025
- 1 year
- −13.4% total return
- 5 years
- −6.1% a year
- 10 years
- +0.4% a year
- Since first price
- −2.1% a year since 2007
REM trailing returns vs SPY, QQQ, AGG
| Period | REM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.3% | −9.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −16.3% | −18.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −19.2% | −23.0% | +7.8% | +8.4% | −1.5% |
| YTD | −16.5% | −21.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −13.4% | −21.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +15.8%+5.0%/yr | −11.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −27.1%−6.1%/yr | −53.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +3.9%+0.4%/yr | −57.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +59.1%+3.1%/yr | −65.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMay 4, 2007 | −34.1%−2.1%/yr | −91.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: REM vs SPY
From May 4, 2007: REM grew to $6,593, SPY to $71,897.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
REM returns by calendar year
10 of 18 full years positive. Best 2016 (+21.9%), worst 2008 (−42.7%). 2026 is year to date.
REM annual returns table
| Year | REM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −16.5% | −26.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.3% | −18.9% | +17.7% | +20.8% | +7.2% |
| 2024 | −1.0% | −10.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.4% | −25.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −27.6% | −40.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +16.1% | −12.1% | +28.7% | +27.4% | −1.8% |
| 2020 | −20.0% | −68.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.3% | −7.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.1% | −11.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +18.4% | −7.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +21.9% | −14.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −9.3% | −18.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +16.7% | −6.3% | +13.5% | +19.2% | +6.0% |
| 2013 | −2.6% | −25.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +21.9% | −13.8% | +16.0% | +18.1% | +3.8% |
| 2011 | −9.2% | −20.0% | +1.9% | +3.4% | +7.7% |
| 2010 | +16.5% | −11.0% | +15.1% | +19.9% | +6.4% |
| 2009 | +11.3% | −30.2% | +26.4% | +54.7% | +3.0% |
| 2008 | −42.7% | −63.9% | −36.8% | −41.7% | +7.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
REM largest drawdowns
Now 35.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 5, 2007 | −74.7% | Nov 20, 2008 | not yet | 1.5 years | 19.4 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
REM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +2.3% | −4.5% | +0.6% | −2.0% |
| Volatility (annualized) | 19.2% | 25.3% | 27.7% | 24.2% |
| Sharpe ratio | -0.02 | -0.20 | 0.11 | 0.00 |
| Sortino ratio | -0.02 | -0.26 | 0.14 | 0.00 |
| Best month | +14.6% | +15.8% | +18.2% | +18.2% |
| Worst month | −14.0% | −24.3% | −53.4% | −53.4% |
| Best 12 months | +23.9% | +23.9% | +103.6% | +103.6% |
| Worst 12 months | −9.2% | −36.9% | −51.3% | −53.2% |
| Positive months | 56% | 52% | 61% | 59% |
| Beta vs S&P 500 | 0.92 | 1.23 | 1.31 | — |
| Correlation with S&P 500 | 0.59 | 0.76 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
REM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 222 | −53.2% | +5.4% | +103.6% | 62% |
| 3-year (a year) | 198 | −25.4% | +5.3% | +17.3% | 67% |
| 5-year (a year) | 174 | −13.4% | +4.7% | +13.4% | 67% |
| 10-year (a year) | 114 | −3.0% | +3.1% | +10.5% | 95% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
REM performance overview
iShares Mortgage Real Estate Capped ETF (REM) returned −13.4% over the past year and +0.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned −2.1% a year, turning $10,000 into about $6,593. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −74.7%, from Jun 5, 2007 to Nov 20, 2008; the fund has not yet regained that high. REM finished 10 of its 18 full calendar years with a gain; the best year was 2016 (+21.9%) and the worst 2008 (−42.7%). Volatility has been 24.2% a year.
Related: REM chart, REM dividends. See the REM overview for the latest quote and fund facts.
REM performance FAQ
What is the REM return over the past year?
REM returned −13.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 21.0%.
What is the average annual return of REM?
REM has returned −6.1% a year over 5 years, +0.4% a year over 10 years, −2.1% a year since May 4, 2007 (total return, distributions reinvested).
How much would $10,000 invested in REM be worth?
$10,000 invested in REM at its first recorded close on May 4, 2007 would be worth about $6,593 on October 23, 2026 with distributions reinvested.
What was the worst year for REM?
The worst calendar year was 2008, with a total return of −42.7%. The best was 2016 at +21.9%.
What is the biggest drawdown of REM?
The largest peak-to-trough decline was −74.7% between June 5, 2007 and November 20, 2008. It has not yet recovered to that high; it is 35.1% below its peak.
How volatile is REM?
Over the past 3 years REM had an annualized volatility of 19.2% and a Sharpe ratio of -0.02 (excess return over 1–3 month T-bills per unit of risk).