Real Estate ETF Options

The selection of ETFs with real estate exposure and at least somehow liquid options is very limited. Basically there are only three: IYR (iShares U.S. Real Estate), XHB (SPDR Homebuilders), and NAIL (Direxion 3x leveraged Homebuilders).

There are a few others with average daily options volume in low hundreds or less, but bid-ask spreads on these options are usually too wide to be considered for anything other than long-term positions with single option strategies.

ETF options volume in 2026
rank symbol avg_daily_volume etf_name
 82. IYR    =     2,660  =  ISHARES U.S. REAL ESTATE ETF 
116. NAIL   =     1,180  =  DIREXION DAILY HOMEBUILDERS & SUPPLIES BULL 3X SHARES 
117. XHB    =     1,177  =  STATE STREET(R) SPDR(R) S&P(R) HOMEBUILDERS ETF
183. VNQ    =       419  =  VANGUARD REAL ESTATE INDEX FUND ETF SHARES
225. XLRE   =       276  =  STATE STREET(R) REAL ESTATE SELECT SECTOR SPDR(R) ETF