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SCHH - Equity REIT Performance In A Nutshell: Week 29
Schwab U.S. REIT
During week 29 (July 13-17), U.S. equity REITs managed to register positive returns, but once again failed to outperform the S&P 500. The broader Vanguard Real Estate ETF (VNQ) index increased in value by 0.7% while the S&P 500 ETF (SPY) gained 1.3%.
Source: Verizon Media (compiled by the author)
The chart above depicts the YTD performance of both VNQ and SPY. The divergence of returns has been extraordinary since the outbreak of COVID-19. While there have been short periods of strong convergence, the underlying trend has not been positive for