REITs Have Gone Undefeated in July Every Year Since 2008
Real estate investment trusts have posted gains every July since 2008, quietly outperforming even the Nasdaq-100's strong seasonal record.
Real estate investment trusts have delivered a perfect win streak in July every single year since 2008, making them a quietly dominant seasonal play that even outshines the Nasdaq-100's well-known summer strength, according to MarketWatch.
The Nasdaq-100 has built a strong reputation for July gains, drawing attention from momentum traders and growth investors each summer. But REITs have gone one better, remaining undefeated across more than 15 consecutive Julys — a streak that spans bull markets, bear markets, rate hikes, and a global pandemic.
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For bulls hunting for reliable seasonal opportunities heading into the month, the data points to real estate as a sector worth a closer look. While no past performance guarantees future results, an unbroken streak of that length is a statistical anomaly that market technicians and seasonal analysts tend to take seriously.
REITs, which are required to distribute the majority of their taxable income to shareholders as dividends, may benefit from mid-year portfolio rebalancing and income-seeking flows that consistently lift the sector each July. The combination of dividend appeal and seasonal momentum creates a dual catalyst that growth-only sectors like big-cap tech cannot always replicate.
With July approaching, investors weighing sector rotation strategies may find the REIT track record difficult to ignore, even against a backdrop of elevated interest rates that have pressured real estate valuations broadly. Continue reading at MarketWatch.com.
