FYI: Real-estate investment trusts have been on a tear this year, notching a nearly 20% gain that has made some look fully valued just as investors turn to them for shelter from recent market storms.
The FTSE Nareit Equity REITs Index, for example, returned minus 2%, compared with minus 3% for S&P 500 index during Monday’s broad market rout as the U.S.-China trade war heated up. Year to date through Aug. 6, that REIT benchmark had returned 18.55%, compared with 16.3% for the S&P 500.
Regards,
Ted
https://www.barrons.com/articles/reits-to-take-shelter-in-from-stock-market-storms-51565344801?refsec=income-investing
