That’s the question asked by John Spence when looking at the suprising outperformance of exchange traded funds that track real estate stocks. Through July 29, the SPDR Dow Jones REIT ETF (RWR) was up 15% compared to a negative 1% performance by the S&P 500 year-to-date. Other popular REIT ETFs include the Vanguard REIT ETF […]
Tag Archives | RWR
Premium REIT ETFs
Gold, REIT and Bond ETFs are trading at premiums that logically belong in another world. That’s according to the Wall Street Journal’s Michael Corkery in his column The Fantasy World of REITs and Gold. Corkery writes that REITS are trading at a premium to their underlying assets for the first time since the peak of […]
REIT Shares Holding Up in Troubled Commercial Real Estate Market
REIT investors are faring better than the REITs themselves according to the WSJ’s Donna Kardos Yesalavich. In the article, REITs May Face Trouble, but REIT Shares Don’t, Yesalavich points out that REITs have rallied 90% off 18 year lows set in March, yet remain 60% below February 2007 highs. Despite continued troubles in the commercial […]
REIT ETFs Post a Strong Week
From Barry Ritholz’s Big Picture…John Nyaradi (Wall Street Sector Selector) reports that as far as exchange-traded funds (ETFs) are concerned, the winners for the week were dominated by real estate funds, including iShares FTSE NAREIT Industrial/Office (FIO) (+19.0%), Cohen & Steers Realty Majors Index (ICF) (+17.8%) and SPDR DJ REIT Index (RWR) (+17.1%). See Investing […]
Putting Cash to Work Post Lehman
Market Watch reporter Stacey Delo interviewed Kensington Investment Group CIO and president John Kramer to get his thoughts on putting cash to work in a post-Lehman world. Kramer’s advice: Start looking now to get back into the market while the storm clouds are still upon us Dividend paying stocks will be popular as the population […]
