Keepin' It Real 

Economics, Housing, & Commercial Real Estate Analysis

ETF express.png
  • Alex Pettee, CFA

Stocks, REITs Dive On "Second Wave" Fears

  • U.S. equity markets finished sharply lower on Thursday, retreating following a furious "reopening rally" as investors expressed concern about a potential "second wave" of the pandemic sparked by recent protests.

  • Outside of several isolated hotspots, evidence is scant regarding the dreaded "second wave" as daily new cases and deaths in the U.S. reached the lowest levels since March this week.

  • Falling for the third straight day, the S&P 500 plunged by 5.9% today while the Dow Jones Industrial Average declined by 1861 point, the fourth largest single-day point decline.

  • Now off by more than 8% this week, the broad-based Equity REIT ETFs declined by 6.5% today with all 18 property sectors in negative territory while the Mortgage REIT ETF dipped another 7.5% today.

  • Today's declines come after somewhat disappointing employment data this morning following far-stronger-than-expected jobs numbers last week from the BLS and ADP.

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