| | Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -37.69 | -38.87 | -40.22 | -41.94 | -57.37 | -40.44 | -50.91 | -84.42 |
| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | 0.00 | -18.53 | -44.08 | -31.53 | -5.98 | 14.67 | 11.69 | 11.69 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | -1.04 | -6.80 | -13.06 | -30.15 | -41.99 | -47.32 | 22.60 | 14.15 |
| | Century Communities Inc | Real Estate - Development | Real Estate | -1.73 | -5.48 | -16.27 | -24.81 | -43.67 | -27.19 | -5.73 | 19.02 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | -1.63 | -4.91 | -10.20 | 23.79 | 14.42 | 58.17 | 111.35 | -16.70 |
| | Safe & Green Development Corp | Real Estate - Development | Real Estate | -12.12 | -4.53 | -9.78 | -39.40 | -56.96 | -90.47 | -96.50 | -96.50 |
| | Landsea Homes Corp | Real Estate - Development | Real Estate | -2.20 | -4.31 | -20.74 | -28.32 | -52.63 | -48.98 | -4.79 | -29.55 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | -2.81 | -3.85 | -7.18 | -27.38 | -50.90 | -32.66 | -25.17 | -25.17 |
| | Logistic Properties of the Americas | Real Estate - Development | Real Estate | 5.08 | -3.03 | -21.98 | -32.73 | -17.97 | -6.89 | -56.06 | -56.06 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | 0.00 | -2.54 | -15.51 | -20.25 | 4.36 | -17.05 | -5.41 | -5.41 |
| | Landsea Homes Corp Wt | Real Estate - Development | Real Estate | 1.26 | -1.08 | -12.86 | -43.71 | -74.75 | -74.24 | -56.60 | -70.71 |
| | Belpointe PREP LLC | Real Estate - Development | Real Estate | -2.02 | -0.96 | -6.68 | 0.41 | -6.48 | -0.33 | -34.68 | -38.10 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | 4.17 | 1.42 | 18.02 | -26.81 | -18.63 | -62.99 | -78.87 | -78.87 |
| | Alset Inc | Real Estate - Development | Real Estate | -2.38 | 5.03 | -6.82 | -3.52 | -44.59 | 24.66 | -42.24 | -92.41 |
| | Amrep Corp | Real Estate - Development | Real Estate | 6.20 | 20.11 | 7.82 | -27.83 | -16.88 | 8.58 | 55.16 | 92.48 |
| | JFB Construction Holdings Cl A | Real Estate - Development | Real Estate | 10.57 | 22.11 | 23.30 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 |
