| | Safe & Green Development Corp | Real Estate - Development | Real Estate | 1.23 | -5.73 | 1.69 | -44.57 | -64.22 | -90.94 | -96.29 | -96.29 |
| | Alset Inc | Real Estate - Development | Real Estate | 4.31 | -11.40 | 0.54 | -11.96 | -46.07 | 28.63 | -40.12 | -94.87 |
| | Lead Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -0.13 | -4.12 | 11.21 | -33.51 | -21.82 | -61.26 | -79.19 | -79.19 |
| | Xinyuan Real Estate Co Ltd ADR | Real Estate - Development | Real Estate | -0.69 | -0.89 | -7.97 | -5.85 | -37.71 | -9.33 | -31.67 | -77.33 |
| | Landsea Homes Corp Wt | Real Estate - Development | Real Estate | -0.15 | 7.97 | -34.97 | -35.00 | -70.45 | -80.01 | -52.76 | -70.45 |
| | Logistic Properties of the Americas | Real Estate - Development | Real Estate | -3.45 | -13.69 | -24.69 | -30.28 | -21.35 | -14.43 | -56.25 | -56.25 |
| | Belpointe PREP LLC | Real Estate - Development | Real Estate | 0.57 | -6.53 | -20.95 | -3.98 | -2.93 | -1.01 | -33.79 | -37.18 |
| | Landsea Homes Corp | Real Estate - Development | Real Estate | -5.31 | -1.04 | -21.89 | -26.61 | -48.04 | -52.97 | -5.46 | -28.89 |
| | Smith Douglas Homes Corp | Real Estate - Development | Real Estate | -0.64 | -0.59 | -15.64 | -18.85 | -50.04 | -35.38 | -22.67 | -22.67 |
| | Five Point Holdings LLC Cl A | Real Estate - Development | Real Estate | -6.68 | -4.81 | -11.21 | 29.08 | 18.45 | 53.72 | 106.52 | -20.30 |
| | Murano Global Investments Plc | Real Estate - Development | Real Estate | 9.20 | 0.00 | -10.38 | -13.56 | 12.96 | -12.60 | -1.25 | -1.25 |
| | JFB Construction Holdings Cl A | Real Estate - Development | Real Estate | 3.02 | -6.95 | 9.65 | 7.14 | 7.14 | 7.14 | 7.14 | 7.14 |
| | Forestar Group Inc | Real Estate - Development | Real Estate | -5.24 | -6.02 | -12.52 | -22.87 | -38.19 | -48.19 | 29.33 | 16.21 |
| | Century Communities Inc | Real Estate - Development | Real Estate | -3.25 | -5.74 | -17.07 | -13.83 | -37.78 | -28.24 | 0.60 | 25.14 |
| | Murano Global Investments Plc Wt | Real Estate - Development | Real Estate | 0.00 | -31.03 | -20.95 | -16.28 | 12.88 | 99.40 | 44.30 | 44.30 |
| | Amrep Corp | Real Estate - Development | Real Estate | 1.13 | 5.20 | -2.29 | -30.73 | -33.86 | -10.86 | 38.49 | 61.00 |
