The iShares S&P Developed ex-U.S. Property Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Developed ex US Property Index.
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Friday, March 22, 7:28 AMiShares International Property ETF (WPS)announces quarterly distribution of $0.201. 30-day SEC yield of 2.76%. For shareholders of record Mar. 26. Payable Mar. 28. Ex-div date Mar. 22.
Thursday, January 24, 10:48 AM
Performance of U.S. REITs (IYR, VNQ) has been good, but international REITs like RWX have done even better while sporting higher yields. Greater alpha is nice on the way up, but don't think tighter Fed policy won't hit international REITs even harder than domestic ones, says Stephen Cucchiaro. A compromise might be RWO, which splits its portfolio between the U.S. and overseas.
Comment![Global & FX]
Wednesday, January 9, 10:50 AM
International allocations are sharply higher at Windhaven Asset Management - an arm of Schwab and the biggest player in ETF-managed portfolios. Favorites are international real-estate ETFs (WPS an example), Hong Kong (EWH) and Germany (EWG). Domestically, the funds are overweight tech (QQQ).
Comment![Global & FX]
Sunday, January 6, 8:56 AM
While the preferred stock (PFF) led the income pack in 2012 with a total return of 18.2%, the current risk-reward profile isn't great, says Barclays' Shobhit Gupta, with the upside capped by the issuer call option, and significant downside if rates rise. One overlooked class for investors: Convertible Bonds (CWB). Barron'soverview of the income sector.
26 Comments[Quick Ideas]
Tuesday, December 11, 2012, 3:28 PM
Developed real estate ex-U.S. (WPS) continues a torrid run, both absolutely and measured against U.S. real estate (IYR, VNQ). Though its holdings are concentrated in Asia and Australia, WPS began its outperformance right around the time of Mario Draghi's "whatever it takes" remarks concerning EMU. WPS +31.5%, IYR +13.5% YTD.
1 Comment[Global & FX, U.S. Economy]
Friday, November 16, 2012, 3:29 PM
Developed real estate ex-U.S. (WPS) holds its ground over the last 2 months as domestic property (IYR) falls more than 7%. YTD, WPS is up 25.4% vs. an 8.7% gain for IYR. Another international fund, VNQI - holding many of the same stocks, but less top-heavy - has posted an even greater return, +28.1%.
3 Comments[Global & FX]
Friday, October 19, 2012, 12:29 PM
Developed real estate ex- U.S. (WPS) continues to add to its sizable lead over domestic property (IYR, VNQ), with all of the outperformance coming since late July. The fund's largest holdings are concentrated in Asia - Japan, Hong Kong - with a bit of Australia and Europe thrown in.
Friday, September 14, 2012, 3:09 PM
Trailing U.S. real estate (IYR, VNQ) badly for much of the last month, the past few sessions have been especially good for developed real estate ex-U.S (WPS). On a YTD basis, WPS continues to outperform domestic property by about 600 basis points.
Thursday, August 9, 2012, 9:25 AM
Real estate outside of the U.S. continues to bounce, the ex-U.S. Property Index Fund (WPS) widening its YTD lead over domestic property ETFs (IYR, VNQ) in the last month. WPS gained 6.2% in the last 30 days (and 20% YTD) while the U.S. funds were about flat (13% YTD).
Comment![Global & FX]
Thursday, July 5, 2012, 1:16 PM
Price matters. Real estate funds have trumped all other categories of stock fund over the last 3 years, not because the underlying assets have great fundamentals, but because the class "was priced for bankruptcy" in 2009. Now the fundamentals are turning. Some favorites: VNQ, SPG, AVB, FNIO, ICF, IFGL.
5 Comments[U.S. Economy]
Friday, June 29, 2012, 3:21 PM
Real estate ex-U.S. outperformed U.S. real estate this month, WPS +4.9% (45 minutes before the close) vs. IYR and VNQ, each up about 2.5%. Over the last year though, it's not close, with U.S. real estate outperforming ex-U.S. by 1500 basis points or more (depending on the ETF), the divergence beginning last last fall.
Friday, June 8, 2012, 3:23 PM
Financial jitters can also be seen in the performance of broad REIT ETFs, with one tracking developed property ex-U.S. (WPS) giving up big early year gains vs. two cousins tracking developed property in the States (VNQ, IYR). While all 3 continue with solid returns (not even including the dividends), the U.S. funds are now in the lead YTD.
Comment![Global & FX, U.S. Economy]