Real Estate Sector ETFs Could Struggle in November

DRV seeks daily investment results equal to 300% of the inverse of the daily performance of the MSCI US REIT Index, which is a free float-adjusted market capitalization weighted index that is comprised of equity REITs that are included in the MSCI US Investable Market 2500 Index.

“Meanwhile, Duke Realty stock has been the worst S&P 500 member to own in November, ending the month higher just 10% of the time, and averaging a steep monthly loss of 7.65%, per data from Schaeffer’s Senior Quantitative Analyst Rocky White. Kimco shares aren’t far behind, ending November higher just 20% of the time, with an average loss of 6.07%,” according to Schaeffer’s.

Shares of DRE and KIM combine for 1.65% of IYR’s weight.

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