Brazil’s CRI FIIs (Fundos de Investimento Imobiliário de Certificados de Recebíveis Imobiliários) give investors exposure to real estate-backed credit instruments rather than physical properties. These funds primarily invest in CRIs: structured debt securities backed by real estate receivables, which often provide income indexed to inflation or the basic interest rate. On this page, you’ll find a sortable comparison of key metrics, including dividend yields, market caps, and price-to-book values for every CRI FII in the IFIX, along with links to detailed fund overviews.
CRI FIIs make up the largest share of the IFIX index, but are excluded from the HERT11 ETF.
The median dividend yield of CRI FIIs in the IFIX is 13.59% and the median book value is 0.93.
This information was last updated on July 4, 2025, and is for educational purposes only. Dividend yields are based on distributions during the trailing 12 months.
For more on how I choose high-quality Brazilian REITs (FIIs), check out my FII guide, or explore the FII managers behind the funds on this list.
CRI FIIs in the IFIX
| Ticker | Manager | IFIX % | M Cap. | Div % | P/BV | Overview |
|---|---|---|---|---|---|---|
| KNCR11 | Kinea | 5.70% | R$8.0B | 12.02% | 1.03 | Read |
| KNIP11 | Kinea | 5.14% | R$7.2B | 12.31% | 0.97 | Read |
| MXRF11 | XP Asset Management | 2.96% | R$4.2B | 12.01% | 1.01 | Read |
| KNHY11 | Kinea | 2.04% | R$2.9B | 13.66% | 1.02 | |
| IRDM11 | Iridium | 1.79% | R$2.5B | 13.56% | 0.83 | |
| CPTS11 | Capitania Investimentos | 1.69% | R$2.5B | 12.33% | 0.85 | |
| RECR11 | REC - Real Estate Capital | 1.63% | R$2.3B | 13.61% | 0.97 | |
| KNSC11 | Kinea | 1.28% | R$1.8B | 12.53% | 1.01 | |
| KNUQ11 | Kinea | 1.14% | R$1.6B | 13.47% | 1.03 | |
| MCCI11 | Maua Capital | 1.07% | R$1.5B | 11.39% | 0.94 | |
| HGCR11 | Patria Investimentos | 1.01% | R$1.4B | 12.98% | 0.95 | |
| VGIR11 | Valora Investimentos | 1.01% | R$1.4B | 13.45% | 1.00 | |
| RBRR11 | RBR Asset | 0.97% | R$1.4B | 11.77% | 0.97 | |
| VRTA11 | Fator | 0.89% | R$1.2B | 12.54% | 0.94 | |
| RBRY11 | RBR Asset | 0.86% | R$1.2B | 12.68% | 0.98 | |
| VCJR11 | Valora Investimentos | 0.84% | R$1.2B | 14.63% | 0.85 | |
| VGIP11 | Valora Investimentos | 0.71% | R$1.0B | 13.68% | 0.94 | |
| MCRE11 | Maua Capital | 0.68% | R$0.9B | 14.89% | 0.83 | |
| CVBI11 | Patria Investimentos | 0.68% | R$0.9B | 13.48% | 0.93 | |
| BTCI11 | BTG Pactual | 0.66% | R$0.9B | 12.14% | 0.91 | |
| RZAK11 | Riza Asset | 0.52% | R$0.7B | 16.75% | 0.94 | |
| XPCI11 | XP Asset Management | 0.50% | R$0.7B | 12.56% | 0.92 | |
| HABT11 | XP Asset Management | 0.47% | R$0.7B | 15.41% | 0.86 | |
| HCTR11 | Hectare Capital | 0.38% | R$0.5B | 17.70% | 0.23 | |
| CACR11 | Cartesia Capital | 0.34% | R$0.5B | 16.15% | 1.03 | |
| URPR11 | Urca Capital Partners | 0.34% | R$0.5B | 23.93% | 0.40 | |
| DEVA11 | Devant Asset | 0.34% | R$0.5B | 15.36% | 0.35 | |
| BCRI11 | Banestes | 0.30% | R$0.4B | 14.69% | 0.76 | |
| AFHI11 | AF Invest | 0.30% | R$0.4B | 12.56% | 0.97 | |
| CLIN11 | BTG Pactual | 0.28% | R$0.4B | 13.44% | 0.94 | |
| SNCI11 | Suno Asset | 0.27% | R$0.4B | 13.37% | 0.92 | |
| ICRI11 | Itau Asset | 0.26% | R$0.4B | 14.38% | 0.95 | |
| BARI11 | Patria Investimentos | 0.26% | R$0.4B | 13.62% | 0.86 | |
| LIFE11 | Life Capital Partners | 0.24% | R$0.3B | 17.09% | 0.90 | |
| CYCR11 | CY Capital | 0.23% | R$0.3B | 13.90% | 0.94 | |
| KCRE11 | Kinea | 0.23% | R$0.3B | 13.48% | 0.93 | |
| PORD11 | Polo | 0.22% | R$0.3B | 12.72% | 0.88 | |
| WHGR11 | Wealth High Governance | 0.19% | R$0.3B | 13.64% | 0.91 | |
| HSAF11 | HSI Ativos Financeiros | 0.14% | R$0.2B | 13.77% | 0.89 | |
| KIVO11 | Kilima | 0.11% | R$0.2B | 16.46% | 0.81 | |
| ARRI11 | Open Kapital | 0.10% | R$0.1B | 15.54% | 0.83 | |
| PMIS11 | Paramis Capital | 0.08% | R$0.1B | 14.16% | 0.87 |