U.S. REITs continued to outperform the broader equity market through the first four months of 2016, the National Association of Real Estate Investment Trusts (NAREIT) reported. The FTSE NAREIT All REITs Index, the broadest measure of the U.S. REIT market including both Equity REITs and Mortgage REITs, delivered a 4.09 percent total return for the first four months of the year. The FTSE NAREIT All Equity REITs Index delivered a 3.92 percent total return for the period, and the total return of the FTSE NAREIT Mortgage REITs Index was 6.05 percent. By comparison, the total return of the S&P 500 in the first four months of the year was 1.74 percent.
On a 1-year basis ended April 30, the FTSE NAREIT All REITs Index delivered a total return of 7.39 percent; the total return of the FTSE NAREIT All Equity REITs Index was 8.11 percent; and the FTSE NAREIT Mortgage REITs Index delivered a negative total return of 4.92 percent. The S&P 500’s total return for the 12 months ended April 30 was 1.21 percent.