FYI: Investors have spent a lot of time and energy since the financial crisis in search of non-correlated assets.
Most of their efforts have led to disappointing results, mainly because stocks are up huge since then but also because liquid alt and hedge fund strategies have left much to be desired in terms of performance.
Real estate has actually had a fairly uncorrelated return stream with U.S. stocks since 2009. Here are the annual returns for the Vanguard REIT ETF (VNQ) set against the annual returns for the S&P 500 ETF (SPY) every year since 2009 (through this past week):
Regards,
Ted
http://awealthofcommonsense.com/2018/09/is-real-estate-a-non-correlated-asset-class/
