Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

ETF express.png
  • Alex Pettee, CFA

Record Day Leaves REITs Behind [Daily Recap]

  • U.S. equity markets rallied for the third-straight day, erasing the coronavirus-related losses over the prior two weeks, as earnings results, economic data, and domestic political developments have renewed investor optimism.

  • The S&P 500 finished higher by 1.1%, closing at new record highs, while the Dow Jones Industrial Average added another 480 points after yesterday's 400 point gain.

  • The broad-based commercial Real Estate ETF (VNQ) underperformed for the second-straight day, finishing fractionally higher and giving back it's YTD outperformance relative to the S&P 500.

  • Mall REITs remain in-focus after yesterday's reports that Simon Property (SPG) held merger talks with fellow mall REIT Taubman (TCO). TCO jumped another 7% on the day and is now higher by nearly 30% over the last month.

  • Homebuilders resumed their 2020 rally, jumping another 3%, after solid results from Taylor Morrison and mortgage market data that suggested that strong housing demand will continue.

To continue reading, click here to visit Seeking Alpha!

REIT Forum HOYA AD.png

  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon

Hoya Capital Real Estate, LLC

(833) HOYA-CAP

Hoya Capital Real Estate ("Hoya Capital") is an SEC-registered investment advisory firm that provides investment management services to ETFs, individuals, and institutions, focusing on portfolio and index management of publicly traded securities in the real estate industry. It is not possible to invest directly in an index. Index performance cited in this website or commentary does not reflect the performance of any fund or other account managed or serviced by Hoya Capital Real Estate. Nothing on this site nor any published commentary by Hoya Capital is intended to be investment, tax, or legal advice or an offer to buy or sell securities. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and should not be considered a complete discussion of all factors and risks. Data quoted represents past performance, which is no guarantee of future results. Investing involves risk. Loss of principal is possible. Investments in companies involved in the real estate and housing industries involve unique risks, as do investments in ETFs, mutual funds, and other securities. Hoya Capital has no business relationship with any company discussed/mentioned. Hoya Capital never receives compensation from any company discussed/mentioned. Hoya Capital, its affiliate, and/or its clients and/or its employees may hold positions in securities or funds discussed on this website and our published commentary. A complete list of holdings and other important disclosures and definitions are available by clicking the links below.

Privacy Policy 

 Client Relationship Summary 

Hoya Capital's ADV Part 2

Important Disclosures, Definitions, & List of Holdings 


The Easy Way To Invest In Real Estate