The State of REITs: October 2020 Edition
With September’s -4.82% average total return, the REIT sector has now seen monthly losses in 6 of the first 9 months of 2020. Year-to-date REITs have now lost an average of -24.93%. The REIT sector outperformed the NASDAQ (-8.71%) but underperformed the S&P 500 (-3.92%) and Dow Jones Industrial Average (-2.28%) in September.