RIET: High Dividend Potential With This Unique Real Estate ETF
In March, 2019, Hoya Capital Real Estate, a research-focused investment advisor with expertise in real estate securities, released its first ETF, the Hoya Capital Housing ETF (HOMZ).
Roughly two-and-a half years later, Hoya has now followed up with its second ETF, the Hoya Capital High Dividend Yield ETF (RIET).
ETF Monkey |
As it happens, in August, 2019 I was among the first ETF-focused authors to review HOMZ. Now, we fast-forward to 2021.
This past June, my wife and I decided to downsize. We put our home on the market and ultimately closed the sale. As a result, I was faced with the challenge of investing the proceeds until such time as we make a decision on what, and where, we will purchase to replace it.
So, I decided to revisit “The Housing ETF,” as it is referred to, with the goal of evaluating the progress it had made since that first review as well as deciding whether it was a good place to invest a portion of those funds. I reviewed it for a second time, and ultimately decided to include an allocation in my personal portfolio.