Vanguard has plans in the works to launch an international REIT exchange traded fund (ETF) sometime in the next few weeks.
The Global ex-U.S. REIT is seen as an expansion of Vanguard’s sector offerings. REITs have outperformed the market year-to-date, making this launch well-timed to appeal to investors. The new ETF won’t be without competition, though. Some international REIT ETFs included iShares FTSE EPRA/NAREIT ex-U.S. (NYSEArca: IFGL), SPDR Dow Jones International Real Estate (NYSEArca: RWX) and WisdomTree International Real Estate (NYSEArca: DRW). [New ETF Providers May Transform the Industry.]
Tisha Guerrero contributed to this article.
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