Credit, economic woes hammer REIT-indexed ETFs

Posted on June 28, 2009 at 12:03 PM EDT

Investors who purchased exchange-traded funds tracking real estate investment trusts in hopes of diversifying their portfolio against stock-market shocks have been sorely disappointed.

Related Stocks:

Boston Properties, Inc. PowerShares Active U.S. Real Estate Fund SPDR DJ Wilshire REIT ETF Simon Property Group, Inc. Standard & Poors 500 Vanguard REIT ETF Vornado Realty Trust iShares Trust Cohen & Steers Realty Majors Index Fund

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