|Bid||46.18 x 1800|
|Ask||46.72 x 1800|
|Day's Range||45.99 - 46.40|
|52 Week Range||9.75 - 47.69|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
Despite the likelihood interest rates will continue to rise, real estate ETFs are climbing back from a late April dip.
The recent underperformance of real estate investment trusts (REITs) and utilities relative to the S&P 500 is a warning sign for bonds, write Strategas Research Partners' technical analysts Chris Verrone and Todd Sohn on Wednesday. While charts of the performance of both sectors show roughly flat returns this year, when they are plotted relative to the S&P 500, they are at new multi-year lows.
Mortgage real estate investment trust exchange-traded funds were Tuesday's biggest flops. The iShares Mortgage Real Estate Capped ETF (REM) and the VanEck Vectors Mortgage REIT Income ETF (MORT) declined ...