“The underlying real estate is a much more slow-moving asset than what goes on in Wall Street,” Wald said. “We like to say that REITs act like stocks in the short run, but act like real estate in the long run.”
While REIT investors may expect some short-term volatility, following a knee-jerk reaction to rising rates, the REITs space could continue to strengthen, along with an expanding economy. [Rate-Sensitive ETFs Get Jammed Up]
Vanguard REIT ETF
For more information on real estate investment trusts, visit our REITs category.
Max Chen contributed to this article.