Equity REITs slightly decline in value this week, but outperform broader markets

Jan. 21, 2023 12:00 PM ETSPDR S&P 500 Trust ETF (SPY), REM, VNQ, IYR, XHB, REZ, VNQI, ROOF, GMRE, XLRE, INDS, HOMZ, NETL, USRT, REET, SCHH, DRNBy: Mary Christine Joy, SA News Editor

Concept image of Business Acronym REIT as Real Estate Investment Trust. 3d rendering

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Equity REITs saw a slight decline in weekly returns, having finished ~0.5% lower during the week ended Jan. 20, but outperformed the broader Real Estate Select Sector SPDR ETF index, which finished 0.78% lower, and S&P 500 index, which ended the week 0.66% lower.

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