VNQI - REET: Global With A Big U.S. Tilt
2024-04-19 04:00:32 ET
Summary
- Real Estate Investment Trusts (REITs) have underperformed in recent years due to rising interest rates.
- The iShares Global REIT ETF is a diversified fund that tracks the largest REITs worldwide.
- The fund's top holdings include Prologis, Equinix, Welltower, Simon Property Group, and Public Storage.
Real Estate Investment Trusts (REITs) have not been good performers over the last three years, and the reason why is clear - rising rates. Typically, REITs do well when rates fall, and poorly when they rise as the cost of capital makes real estate less attractive, and yield relatively less appealing. At some point this will change, not just for the US, but also globally. If you're looking for a good fund that can play this, the iShares Global REIT ETF ( REET ) may be worth considering....
REET: Global With A Big U.S. Tilt