Q: Why are these two ETF’s down over a 5-year period?
5i Research Answer:
The sector took a very big hit during covid, and then saw additional pressure as interest rates and inflation spiked, beginning in 2022. ZRE has recovered a bit this year, up 7.6% and now has a five year performance of 1.84%. XRE is still struggling as it has higher weightings of individual REITs, up 1.65% YTD and down 0.41% over five years.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZRE.