- NURE is an excellent hedge against inflation due to its holdings' short lease terms, allowing for more frequent rent hikes.
- In response to this year's spike in consumer inflation, especially rent growth, NURE has outperformed.
- But NURE's outperformance has faded since mid-Summer. Is the hot streak nearly over?
- Most of NURE's holdings are richly valued, which would seem to weigh on further upside.
- My view of where inflation is headed determines my view of whether NURE is a buy or not.
For further details see:
The Nuveen Short-Term REIT ETF Should Continue To Outperform Only As Long As Inflation Remains Elevated