REIT Funds as a Diversifier for Stocks
January 14, 2011 - Real Estate, Strategic Allocation
Are Real Estate Investment Trusts (REIT) as an asset class a good diversifier for the stock market? To check, we focus on monthly correlation of returns as a measure of diversification capacity for Vanguard REIT Index Fund Investor Shares (VGSIX), a mutual fund with a reasonably long track record “designed to track the performance of… Keep Reading