Higher Rates May Push REIT ETFs Into Red for Year
August 14, 2013 at 09:44 AM EDT
Real estate investment trust ETFs have been hammered by rising rates, and their performance is threatening to swing negative for 2013. The $3.9 billion iShares US Real Estate (NYSEArca: IYR), one of the largest ETFs in the REIT category, has a year-to-date total return of 1.7%, according to...