| Gaucho Group Holdings Inc | Real Estate - Diversified | Real Estate | -16.27 | -36.24 | -71.77 | -74.26 | -74.59 | -77.90 | -99.11 | -99.96 |
| La Rosa Holdings Corp | Real Estate Services | Real Estate | -11.68 | -10.98 | 38.80 | -32.66 | -47.28 | -62.84 | -80.57 | -80.57 |
| Creative Media & Community Trust Corp | REIT - Office | Real Estate | -9.11 | -19.24 | -55.99 | -88.49 | -92.20 | -93.62 | -95.69 | -96.01 |
| Fangdd Network Group Ltd | Real Estate Services | Real Estate | -8.53 | -19.69 | -58.24 | 12.26 | -56.86 | -40.68 | -96.81 | -99.69 |
| Gyrodyne LLC | Real Estate Services | Real Estate | -7.90 | -13.03 | -17.16 | 7.77 | 11.34 | -2.35 | -2.89 | -27.17 |
| MDJM Ltd | Real Estate Services | Real Estate | -6.29 | -11.83 | -73.44 | -85.77 | -87.15 | -88.21 | -90.71 | -94.70 |
| Comstock Holding Cos. Inc Cl A | Real Estate - Diversified | Real Estate | -6.12 | 1.12 | -17.80 | 29.66 | 35.89 | 108.05 | 111.45 | 78.85 |
| Avalon GloboCare Corp | Real Estate Services | Real Estate | -6.04 | -20.95 | -16.16 | -48.14 | -43.73 | -63.99 | -95.62 | -98.31 |
| Rafael Holdings Inc | Real Estate Services | Real Estate | -5.91 | 4.37 | 5.52 | 34.51 | 21.66 | 6.11 | -2.55 | -66.01 |
| Ohmyhome Ltd | Real Estate Services | Real Estate | -4.83 | 0.05 | -0.20 | -17.17 | -27.05 | -78.91 | -90.25 | -90.25 |
| Ashford Hospitality Trust | REIT - Hotel & Motel | Real Estate | -3.84 | -2.32 | 63.43 | 1.76 | -27.09 | -58.48 | -86.10 | -92.63 |
| Murano Global Investments Plc | Real Estate - Development | Real Estate | -3.44 | 7.39 | 17.65 | 53.46 | -18.55 | -0.94 | -0.94 | -0.94 |
| IRSA-Inversiones y Representaciones S.A. Gdr | Real Estate Services | Real Estate | -3.07 | 7.27 | 29.43 | 61.29 | 56.97 | 119.47 | 299.28 | 276.58 |
| Braemar Hotels & Resorts Inc 5.5 Cum. Conv. Pfd Series B | REIT - Hotel & Motel | Real Estate | -3.04 | -4.49 | -6.87 | 14.38 | 14.03 | 38.16 | 13.65 | -12.69 |
| KE Holdings Inc ADR | Real Estate Services | Real Estate | -2.90 | -0.61 | -6.91 | 30.38 | 2.81 | 26.28 | 42.24 | -13.55 |
| Healthcare Realty Trust Inc | REIT - Healthcare Facilities | Real Estate | -2.81 | -1.09 | -2.08 | 1.07 | 13.18 | 29.85 | 1.84 | -26.25 |
| Ashford Hospitality Trust Inc 7.375 Pfd Series F | REIT - Hotel & Motel | Real Estate | -2.76 | -3.67 | -0.78 | -7.21 | 23.81 | 60.60 | 6.09 | -23.73 |
| Global Self Storage Inc | REIT - Specialty | Real Estate | -2.63 | 0.58 | 2.38 | 0.97 | 8.98 | 18.91 | 10.97 | 13.14 |
| Cherry Hill Mortgage Investment Corp 8.2 Cum. Pfd Series A | REIT - Mortgage | Real Estate | -2.37 | -9.56 | -10.24 | -3.80 | 1.87 | 17.10 | 24.14 | 10.48 |
| Medalist Diversified REIT Inc Cum. Redeem. Pfd Series A | REIT - Diversified | Real Estate | -2.32 | -0.78 | 4.33 | 3.24 | 6.48 | 19.21 | 30.53 | 42.56 |
| Landsea Homes Corp Wt | Real Estate - Development | Real Estate | -2.27 | -6.48 | -14.00 | -28.33 | 3.51 | -1.42 | 78.87 | -8.72 |
| Wheeler Real Estate Investment Trust Inc | REIT - Retail | Real Estate | -2.19 | -32.75 | -64.76 | -44.44 | -86.04 | -93.29 | -99.93 | -99.95 |
| XChange TEC.INC ADR | Real Estate Services | Real Estate | -2.00 | -6.96 | -65.23 | -91.83 | -89.42 | -89.42 | -89.42 | -89.42 |
| Sotherly Hotels Inc 8.25 Cum. Conv. Pfd | REIT - Hotel & Motel | Real Estate | -1.99 | -4.47 | -3.19 | -2.18 | -7.31 | -7.92 | -5.82 | 47.18 |