U.S. REITs had a tough August, falling 6.23% on a total return basis, according to NAREIT. The YTD return has now gone slightly negative. This compares to the S&P 500 off 2.9% in August and up 16.15% YTD.
Leading on the downside are mortgage REITs (MORT), off 5.59% YTD. Apartments and Retail are also posting losses YTD.