|Expense Ratio (net)||0.12%|
|Last Cap Gain||N/A|
|Morningstar Risk Rating||Above Average|
|Beta (5Y Monthly)||1.08|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Sep 23, 2004|
The two recent bank collapses could cause the Federal Reserve to take a break from raising rates, benefiting the real estate sector.
President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the 2024 fiscal year. Biden is aiming for “cutting wasteful spending on Big Pharma, Big Oil and other special interests,” said Shalanda Young, director of the president’s Office of Management and Budget, during a call with reporters.
These funds have continued climbing despite indications of a slump as investors battle supply constraints.