IYR - IYR: Real Estate Has Too Many Clouds For Me To Get Bullish
2024-04-14 11:31:24 ET
Summary
- The article evaluates the iShares U.S. Real Estate ETF as an investment option at its current market price.
- IYR has posted a modest return compared to the broader market in the past five months and I don't see a compelling reason why that dynamic will change.
- The retail and office space sub-sectors within Real Estate look especially vulnerable to me going forward.
Main Thesis / Background
The purpose of this article is to evaluate the iShares U.S. Real Estate ETF (NYSEARCA: IYR ) as an investment option at its current market price. This is a passive sector fund that invests in REITs with the objective "to track the investment results of an index composed of U.S. equities in the real estate sector"....
IYR: Real Estate Has Too Many Clouds For Me To Get Bullish