59.65 -0.35 (-0.59%)
After hours: 4:21PM EDT
|Bid||59.99 x 1400|
|Ask||61.00 x 800|
|Day's Range||59.56 - 60.06|
|52 Week Range||51.16 - 60.16|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.74|
|Expense Ratio (net)||0.12%|
Amid rising U.S. interest rates, rate-sensitive real estate investment trusts (REITs) and the related exchange traded funds are struggling this year. The Vanguard Real Estate ETF (NYSEArca: VNQ), the largest ...
Amid rising interest rates in the United States, rate-sensitive real estate stocks are languishing. The Vanguard MSCI U.S. REIT ETF (NYSE: VNQ), the largest exchange traded fund tracking the real estate sector, is down nearly 7 percent this year. International real estate investment trusts are not providing shelter from the storm.
Vanguard Global ex-U.S. Real Estate ETF VNQI is a sound choice for broadly diversified, low-cost exposure to foreign real estate securities. Also, its emerging-markets exposure has translated to significantly higher risk than most funds in the global real estate Morningstar Category. REITs make up about 45% of the fund's portfolio.
Vanguard is easy to recommend as a destination for investors aiming to simplify their financial lives by investing with a single firm. Morningstar's analyst team gives the firm an A rating for stewardship, owing to its strong corporate culture and ultra-low-cost products. It also fields the largest number of Morningstar Medalist funds of any fund firm.
For real estate mutual funds and exchange-traded funds (ETFs), the 2018 story, to this point, is split into two chapters. Amid expectations for rising interest rates, which came to pass, rate-sensitive real estate ETFs and mutual funds slumped in the first several months of 2018.