REITS no longer cheap

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
livesoft
Posts: 73500
Joined: Thu Mar 01, 2007 8:00 pm

Re: REITS no longer cheap

Post by livesoft »

Short worthy?
Wiki This signature message sponsored by sscritic: Learn to fish.
Robot Monster
Posts: 1656
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: REITS no longer cheap

Post by Robot Monster »

JohnDoh wrote: Sat Sep 19, 2020 9:57 am
Robot Monster wrote: Sat Sep 19, 2020 9:20 am
Annabel Lee wrote: Sat Sep 19, 2020 8:55 am While I like RE as an asset class, I find it challenging to dive into broader REIT indices because of the sheer diversity of the REIT segment including retail, multifamily, hotels and office properties that will continue to underperform until COVID-19 is better managed (or even better understood).

I have small investments in individual REITs less affected by the pandemic but am considering transitioning some of these to SRVR (https://www.paceretfs.com/products/srvr) to minimize volatility and bet on the future.
Can't help but notice that the big dogs in the SRVR ETF, American Tower Corp, Crown Castle International Corp, and Equinix Inc (each of which has approximately a 15% weight) are all in Jim Cramer's Covid-19 Index.
And also in the top 10 holdings of both VNQ and its underlying VRTPX:
https://investor.vanguard.com/etf/profile/portfolio/vnq
https://investor.vanguard.com/mutual-fu ... olio/vrtpx

VNQ ER = 0.12
SRVR ER = 0.60
So...VNQ has approximately half weighted to those three companies than does SRVR.

Hope my math is correct:

Percentage of three above mentioned companies in VNQ
12.10*(.0960+.059+.061)+8.5+5.2+6.1=22.41%
Topic Author
grok87
Posts: 9161
Joined: Tue Feb 27, 2007 9:00 pm

Re: REITS no longer cheap

Post by grok87 »

now at 7.7%, up slightly from say 7.0% last month
RIP Mr. Bogle.
Post Reply