AAII Silicon Valley Chapter September 8, 2012. Fred Smith Rationale for Investing in REITs Low...
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Transcript of AAII Silicon Valley Chapter September 8, 2012. Fred Smith Rationale for Investing in REITs Low...
AAII Silicon Valley Chapter
September 8, 2012
Fred Smith Rationale for Investing in REITsLow correlation with other equitiesIncomeI only use mutual funds and ETFs: Yld 1-yr 5-yr 10-yr SD Sharpe VGSIX 3.11 19.84 3.79 11.12 19.15 1.21
TRREX 2.02 19.36 3.04 11.59 20.01 1.18
VNQ 3.24 20.16 3.95 - 19.14 1.22 IYR 3.39 19.17 2.19 9.64 18.45 1.16 VFINX 1.80 17.82 1.19 6.39 15.63 0.88
Total Returns for S&P 500 (VFINX) and REIT Index (VGSIX)Year VFINX VGSIX
1997 32.19 18.771998 28.62 -16.321999 21.07 -4.04 VFINX VGSIX2000 -9.06 26.352001 -12.02 12.35 Compound Annual Growth Rate 5.37% 8.86%2002 -22.15 3.752003 28.50 36.65 Standard Deviation20.32% 21.74%2004 10.74 30.762005 4.77 11.892006 15.64 35.072007 5.39 -16.462008 -37.02 -37.052009 26.49 29.582010 14.91 28.302011 1.97 8.47
Annual Returns for S&P 500 and REIT Index
