US equity REIT index returns

From Bogleheads
Jump to: navigation, search

US equity REIT index returns chronicles the annual returns of US equity REIT stocks as measured by stock indexes.

The growing proliferation of indexes from index providers, along with a corresponding growing number of index funds and exchange-traded funds (ETFs), creates a number of issues for investors, since the index returns of the different providers result in a dispersion of both yearly and multi-period returns. The annual dispersion of returns for equity REIT indexes has ranged from 0.53% to 4.23% over the past two decades, although the return dispersions narrow over longer holding periods. These return differences are mainly due to the differing methodologies index providers utilize in constructing their indexes[1]

US equity REIT index returns

The table below provides US equity REIT index returns.

Table.[2][3][4][5][6][7]


Indexes: Dow Jones U.S. REIT Index; FTSE NAREIT Real Estate 50 Index; MSCI US REIT Index; S&P U.S. REIT Index; Wilshire U.S. REIT Index. Also included are returns of the NAREIT Equity REIT Index (tab 2)
CAGR is Compound Annual Growth Rate.

(View Google Spreadsheet in browser, then File --> Download as to download the file.)

For index funds and ETFs linked to Real Estate Equity Indexes, refer to US Real Estate Investment Trusts (REITS).

References

  1. The Case For Indexing, Christopher B. Philips and Frank J. Ambrosio, Vanguard Investment Counseling & Research, 2009, pp.12-13.
  2. iShares 2001 forward
  3. REIT.com by NAREIT, Annual Index Values & Returns, 1972-2009 • iShares 2008 forward
  4. Benchmark Performance 2000-2010 • MSCI US REIT Index Total Returns 2005-1996
  5. REIT.com by NAREIT, Annual Index Values & Returns 1972-2009
  6. S&P Alternative indices 2006-1997 • First Trust Annual Report, Prospectus 2009-2008
  7. Wilshire Returns Calculator 1991 forward

External links

Methodologies