In the last installment, we looked at replacing REITs with other common asset classes, but what if we stretch a little farther? Utilities ETFs offer promise at doing all the things people say they want REIT ETFs to do…but better. Again, check out the backtests!
The case behind having REITs as a distinct asset class in a Risk Parity portfolio is not looking too good so far. But what should one do instead? Here is a look at increasing allocations in other types of equities instead of allocating to REITs. Complete with backtests!
What do the experts say about REITs as a distinct asset class? I’ve expressed my own doubts in the first two posts on real estate - but what’s the take from the world of professional investors? In this post, I gather and summarize six relevant sources on the topic.
I hinted at this in my VNQ post - while I do invest in VNQ and DFREX, I am not altogether sure I should. Should I have an overweight allocation to REITs beyond what I’d get anyway in broad index funds? Are REITs a distinct asset class? Do they belong in an RP portfolio?