{
  "page": "compare",
  "query": {
    "a": "FRLAX",
    "b": "IYR"
  },
  "retrieved_at": "2026-07-07T17:08:29+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Franklin Real Estate Securities Fund",
    "ticker": "FRLAX",
    "slug": "FRLAX",
    "series_id": "S000006874",
    "html_url": "https://fundwatcher.app/funds/FRLAX/"
  },
  "fund_b": {
    "name": "iShares U.S. Real Estate ETF",
    "ticker": "IYR",
    "slug": "IYR",
    "series_id": "S000004328",
    "html_url": "https://fundwatcher.app/funds/IYR/"
  },
  "overlap": {
    "coverage_a_by_b": "0.6278158643457515598555518981",
    "coverage_b_by_a": "0.6278158643457515598555518981",
    "shared_count": 26,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "WELLTOWER INC",
        "value": "24065815.40",
        "weight": "0.10422903",
        "shared": true
      },
      {
        "name": "PROLOGIS INC REIT",
        "value": "15359208.96",
        "weight": "0.06652072",
        "shared": true
      },
      {
        "name": "EQUINIX INC",
        "value": "14996749.24",
        "weight": "0.06495091",
        "shared": true
      },
      {
        "name": "REALTY INCOME CORP REIT",
        "value": "11135034.24",
        "weight": "0.04822582",
        "shared": true
      },
      {
        "name": "DIGITAL REALTY TRUST INC",
        "value": "11106369.70",
        "weight": "0.04810168",
        "shared": true
      },
      {
        "name": "AMERICAN TOWER CORP",
        "value": "10245314.16",
        "weight": "0.04437245",
        "shared": true
      },
      {
        "name": "CROWN CASTLE INC",
        "value": "9141093.00",
        "weight": "0.03959007",
        "shared": true
      },
      {
        "name": "AVALONBAY COMMUNITIES INC REIT",
        "value": "8412319.16",
        "weight": "0.03643375",
        "shared": true
      },
      {
        "name": "VENTAS INC REIT",
        "value": "7639388.19",
        "weight": "0.03308618",
        "shared": true
      },
      {
        "name": "CAMDEN PROP TR",
        "value": "7294899.75",
        "weight": "0.03159421",
        "shared": true
      },
      {
        "name": "CBRE GROUP INC - CL A",
        "value": "7146365.48",
        "weight": "0.03095090",
        "shared": true
      },
      {
        "name": "AMERICAN HOMES-A",
        "value": "6570967.32",
        "weight": "0.02845885",
        "shared": true
      },
      {
        "name": "EXTRA SPACE STORAGE INC",
        "value": "6402773.79",
        "weight": "0.02773041",
        "shared": true
      },
      {
        "name": "SIMON PROPERTY",
        "value": "6376744.92",
        "weight": "0.02761768",
        "shared": true
      },
      {
        "name": "IRON MOUNTAIN INC",
        "value": "5827959.54",
        "weight": "0.02524089",
        "shared": true
      },
      {
        "name": "BRIXMOR PROPERTY",
        "value": "5643393.87",
        "weight": "0.02444153",
        "shared": true
      },
      {
        "name": "REGENCY CENTERS CORP REIT",
        "value": "5635255.71",
        "weight": "0.02440629",
        "shared": true
      },
      {
        "name": "EQUITY LIFESTYLE PPTYS INC",
        "value": "4688793.25",
        "weight": "0.02030716",
        "shared": true
      },
      {
        "name": "EASTGROUP PROP",
        "value": "4626370.80",
        "weight": "0.02003681",
        "shared": true
      },
      {
        "name": "FIRST INDUSTRIAL REALTY TRUST",
        "value": "4589302.55",
        "weight": "0.01987627",
        "shared": true
      },
      {
        "name": "NETSTREIT CORP",
        "value": "4426797.12",
        "weight": "0.01917245",
        "shared": false
      },
      {
        "name": "WEYERHAEUSER CO",
        "value": "3669911.90",
        "weight": "0.01589439",
        "shared": true
      },
      {
        "name": "SABRA HEALTHCARE REIT INC",
        "value": "3197004.97",
        "weight": "0.01384623",
        "shared": true
      },
      {
        "name": "ESSENTIAL PROPERTIES REALTY TRUST INC",
        "value": "3186767.76",
        "weight": "0.01380189",
        "shared": false
      },
      {
        "name": "CUBESMART",
        "value": "3179729.25",
        "weight": "0.01377140",
        "shared": true
      },
      {
        "name": "TERRENO REALTY CORP",
        "value": "2979089.86",
        "weight": "0.01290244",
        "shared": false
      },
      {
        "name": "MACERICH COMPANY",
        "value": "2867402.82",
        "weight": "0.01241872",
        "shared": false
      },
      {
        "name": "COUSINS PROPERTIES INC",
        "value": "2780034.56",
        "weight": "0.01204033",
        "shared": true
      },
      {
        "name": "BROADSTONE NET LEASE INC",
        "value": "2667550.14",
        "weight": "0.01155316",
        "shared": false
      },
      {
        "name": "RYMAN HOSPITALITY PPTYS INC",
        "value": "2545536.00",
        "weight": "0.01102471",
        "shared": false
      },
      {
        "name": "AGREE REALTY CORP",
        "value": "2351375.42",
        "weight": "0.01018381",
        "shared": true
      },
      {
        "name": "AMERICAN HEALTHCARE REIT INC",
        "value": "2194778.17",
        "weight": "0.00950558",
        "shared": false
      },
      {
        "name": "INDEPENDENCE REALTY TR INC",
        "value": "2162599.90",
        "weight": "0.00936622",
        "shared": false
      },
      {
        "name": "SMARTSTOP SELF STORAGE REIT INC",
        "value": "2112956.64",
        "weight": "0.00915121",
        "shared": false
      },
      {
        "name": "INVENTRUST PROPE",
        "value": "1921018.57",
        "weight": "0.00831993",
        "shared": false
      },
      {
        "name": "BXP INC",
        "value": "1906471.60",
        "weight": "0.00825693",
        "shared": true
      },
      {
        "name": "SUNSTONE HOTEL INVS INC",
        "value": "1901257.07",
        "weight": "0.00823434",
        "shared": false
      },
      {
        "name": "HIGHWOODS PROPERTIES INC",
        "value": "1725461.65",
        "weight": "0.00747297",
        "shared": false
      },
      {
        "name": "PEBBLEBROOK HOTEL TRUST",
        "value": "1601323.82",
        "weight": "0.00693533",
        "shared": false
      },
      {
        "name": "SL GREEN REALTY CORP REIT",
        "value": "1401434.88",
        "weight": "0.00606961",
        "shared": false
      },
      {
        "name": "Franklin Institutional US Government Money Market Fund",
        "value": "1222306.14",
        "weight": "0.00529381",
        "shared": false
      },
      {
        "name": "NEWMARK GROUP INC CL A",
        "value": "1147021.73",
        "weight": "0.00496775",
        "shared": false
      },
      {
        "name": "GO Residential Real Estate Investment Trust",
        "value": "841650.47",
        "weight": "0.00364519",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "WELLTOWER INC",
        "value": "395594973.35",
        "weight": "0.09995334",
        "shared": true
      },
      {
        "name": "PROLOGIS INC REIT",
        "value": "364580726.52",
        "weight": "0.09211710",
        "shared": true
      },
      {
        "name": "EQUINIX INC",
        "value": "186170121.52",
        "weight": "0.04703883",
        "shared": true
      },
      {
        "name": "DIGITAL REALTY TRUST INC",
        "value": "183904124.79",
        "weight": "0.04646629",
        "shared": true
      },
      {
        "name": "SIMON PROPERTY",
        "value": "181924014.71",
        "weight": "0.04596599",
        "shared": true
      },
      {
        "name": "REALTY INCOME CORP REIT",
        "value": "174793401.30",
        "weight": "0.04416433",
        "shared": true
      },
      {
        "name": "AMERICAN TOWER CORP",
        "value": "174494775.10",
        "weight": "0.04408887",
        "shared": true
      },
      {
        "name": "PUBLIC STORAGE",
        "value": "135205959.68",
        "weight": "0.03416193",
        "shared": false
      },
      {
        "name": "CBRE GROUP INC - CL A",
        "value": "124376391.88",
        "weight": "0.03142567",
        "shared": true
      },
      {
        "name": "VENTAS INC REIT",
        "value": "122742375.30",
        "weight": "0.03101281",
        "shared": true
      },
      {
        "name": "CROWN CASTLE INC",
        "value": "111891504.10",
        "weight": "0.02827116",
        "shared": true
      },
      {
        "name": "IRON MOUNTAIN INC",
        "value": "95483944.76",
        "weight": "0.02412553",
        "shared": true
      },
      {
        "name": "VICI PROPERTIES",
        "value": "92271469.56",
        "weight": "0.02331385",
        "shared": false
      },
      {
        "name": "EXTRA SPACE STORAGE INC",
        "value": "87949153.26",
        "weight": "0.02222175",
        "shared": true
      },
      {
        "name": "AVALONBAY COMMUNITIES INC REIT",
        "value": "73089160.65",
        "weight": "0.01846714",
        "shared": true
      },
      {
        "name": "EQUITY RESIDENTIAL REIT",
        "value": "64261447.25",
        "weight": "0.01623667",
        "shared": false
      },
      {
        "name": "SBA COMMUNICATIONS CORP",
        "value": "57947715.90",
        "weight": "0.01464141",
        "shared": false
      },
      {
        "name": "WEYERHAEUSER CO",
        "value": "55623982.96",
        "weight": "0.01405428",
        "shared": true
      },
      {
        "name": "COSTAR GROUP INC",
        "value": "54026555.20",
        "weight": "0.01365067",
        "shared": false
      },
      {
        "name": "ESSEX PROPERTY TRUST INC",
        "value": "49280396.00",
        "weight": "0.01245147",
        "shared": false
      },
      {
        "name": "ANNALY CAPITAL MGMT INC REIT",
        "value": "48012551.55",
        "weight": "0.01213113",
        "shared": false
      },
      {
        "name": "KIMCO REALTY CORPORATION",
        "value": "47863998.63",
        "weight": "0.01209360",
        "shared": false
      },
      {
        "name": "WP CAREY INC",
        "value": "47062300.00",
        "weight": "0.01189104",
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      },
      {
        "name": "SUN COMMUNITIES INC - REIT",
        "value": "46270524.28",
        "weight": "0.01169098",
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      },
      {
        "name": "JONES LANG LASALLE INC",
        "value": "45385067.52",
        "weight": "0.01146726",
        "shared": false
      },
      {
        "name": "MID AMERICA APT CMNTY INC",
        "value": "45111616.48",
        "weight": "0.01139817",
        "shared": false
      },
      {
        "name": "INVITATION HOMES INC",
        "value": "44286924.50",
        "weight": "0.01118979",
        "shared": false
      },
      {
        "name": "OMEGA HEALTHCARE INVESTORS INC",
        "value": "40927748.54",
        "weight": "0.01034104",
        "shared": false
      },
      {
        "name": "GAMING AND LEISURE PROPRTI INC",
        "value": "39680135.37",
        "weight": "0.01002582",
        "shared": false
      },
      {
        "name": "REGENCY CENTERS CORP REIT",
        "value": "39356062.20",
        "weight": "0.00994393",
        "shared": true
      },
      {
        "name": "HOST HOTELS & RE",
        "value": "38721938.48",
        "weight": "0.00978371",
        "shared": false
      },
      {
        "name": "EQUITY LIFESTYLE PPTYS INC",
        "value": "38233560.82",
        "weight": "0.00966032",
        "shared": true
      },
      {
        "name": "HEALTHPEAK PROPERTIES INC",
        "value": "36085800.48",
        "weight": "0.00911765",
        "shared": false
      },
      {
        "name": "AGNC INVESTMENT CORP",
        "value": "35105090.27",
        "weight": "0.00886986",
        "shared": false
      },
      {
        "name": "LAMAR ADVERTISING CO CL A",
        "value": "34766650.08",
        "weight": "0.00878435",
        "shared": false
      },
      {
        "name": "UDR INC",
        "value": "32102620.32",
        "weight": "0.00811124",
        "shared": false
      },
      {
        "name": "CAMDEN PROP TR",
        "value": "31912260.54",
        "weight": "0.00806314",
        "shared": true
      },
      {
        "name": "EASTGROUP PROP",
        "value": "31142317.95",
        "weight": "0.00786860",
        "shared": true
      },
      {
        "name": "AMERICAN HOMES-A",
        "value": "28763323.60",
        "weight": "0.00726751",
        "shared": true
      },
      {
        "name": "AGREE REALTY CORP",
        "value": "28544596.88",
        "weight": "0.00721225",
        "shared": true
      },
      {
        "name": "BRIXMOR PROPERTY",
        "value": "27902102.40",
        "weight": "0.00704991",
        "shared": true
      },
      {
        "name": "CUBESMART",
        "value": "26409660.15",
        "weight": "0.00667282",
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      },
      {
        "name": "FED REALTY INVS",
        "value": "26349851.32",
        "weight": "0.00665771",
        "shared": false
      },
      {
        "name": "NNN REIT INC",
        "value": "25226574.12",
        "weight": "0.00637389",
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      },
      {
        "name": "FIRST INDUSTRIAL REALTY TRUST",
        "value": "24226133.75",
        "weight": "0.00612112",
        "shared": true
      },
      {
        "name": "BXP INC",
        "value": "24182286.00",
        "weight": "0.00611004",
        "shared": true
      },
      {
        "name": "REXFORD INDUSTRIAL REALTY INC",
        "value": "23810911.35",
        "weight": "0.00601620",
        "shared": false
      },
      {
        "name": "ZILLOW GROUP INC CL C",
        "value": "23085488.20",
        "weight": "0.00583291",
        "shared": false
      },
      {
        "name": "ALEXANDRIA REAL ES EQ INC REIT",
        "value": "22878746.88",
        "weight": "0.00578068",
        "shared": false
      },
      {
        "name": "STAG INDUSTRIAL INC CL A",
        "value": "21768340.20",
        "weight": "0.00550012",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-007563",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/912291/000207169126007563/0002071691-26-007563-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001004726-26-003750",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1100663/000100472626003750/0001004726-26-003750-index.htm"
    }
  ]
}