|
Which of these three is the better REIT?
07-22-2012, 08:46 AM
|
#1
|
gone traveling
Join Date: Jun 2012
Location: Austin
Posts: 245
|
Which of these three is the better REIT?
If you were to only keep one of these three, which would you choose and why?
CSRSX (Cohen Steers)
VGSIX (Vanguard REIT Fund)
VNQ (Vanguard REIT ETF)
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
07-22-2012, 09:48 AM
|
#2
|
Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
|
I like simple index funds so the VNQ ETF would be my choice outside of retirement accts. Personally I hold the admiral shares of the VGSLX Reit fund in my Roth. The fund is low expense and diversified within RE
__________________
Took SS at 62 and hope I live long enough to regret the decision.
|
|
|
07-22-2012, 10:26 AM
|
#3
|
Thinks s/he gets paid by the post
Join Date: Jun 2007
Posts: 2,657
|
I do feel kind of excluded when people ask questions like this. I have not memorized ticker symbols, so I don't understand the question unless I want to go look them up. Plus, since the answer and discussion only uses the ticker symbols, I don't learn anything. If you already know the ticker symbol, how hard is it to put the names or descriptions of funds into the post?
|
|
|
07-22-2012, 11:21 AM
|
#4
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 5,214
|
I have VNQ also (VG REIT ETF). I bought them in May of 2010 though when the market dipped a bit, so the price was good - dividends looked good too. I would hesitate to buy it now (unless I needed REIT allocation in my portfolio) since things (everything) looks kind of expensive right now. I am not a market timer, but I hate to go in full force when prices are high. (I do buy weekly some funds as part of automatic investment.)
|
|
|
07-22-2012, 11:27 AM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,301
|
CSRSX (Cohen & Steers Realty Shares Fund) ER = 1.03% --> dump it
VGSIX (vanguards reit fund) and VNQ (the etf version) have ER = 0.24% and 0.1%
|
|
|
07-22-2012, 11:34 AM
|
#6
|
gone traveling
Join Date: Jun 2012
Location: Austin
Posts: 245
|
Quote:
Originally Posted by photoguy
CSRSX (Cohen & Steers Realty Shares Fund) ER = 1.03% --> dump it
VGSIX (vanguards reit fund) and VNQ (the etf version) have ER = 0.24% and 0.1%
|
Agreed on Cohen, my sell order is in.
Looks like VGSIX and VNQ have essentially the same major holdings? I admit I don't fully understand why one would choose a managed fund with higher ER over an ETF with lower ER when they are both very similar in composition?
|
|
|
07-22-2012, 11:37 AM
|
#7
|
gone traveling
Join Date: Jun 2012
Location: Austin
Posts: 245
|
Quote:
Originally Posted by growing_older
I do feel kind of excluded when people ask questions like this. I have not memorized ticker symbols, so I don't understand the question unless I want to go look them up. Plus, since the answer and discussion only uses the ticker symbols, I don't learn anything. If you already know the ticker symbol, how hard is it to put the names or descriptions of funds into the post?
|
Sorry, it's just so much easier to type the ticker sometimes. I rather enjoy looking up symbols when others use them, gives me an opportunity to see much more about it (Morningstar rating, performance, ER, etc.) than a name alone might provide.
|
|
|
07-22-2012, 11:43 AM
|
#8
|
gone traveling
Join Date: Jun 2012
Location: Austin
Posts: 245
|
Quote:
Originally Posted by foxfirev5
I like simple index funds so the VNQ ETF would be my choice outside of retirement accts. Personally I hold the admiral shares of the VGSLX Reit fund in my Roth. The fund is low expense and diversified within RE
|
Looked up VGSLX - nice fund. Thanks.
|
|
|
07-22-2012, 11:47 AM
|
#9
|
gone traveling
Join Date: Jun 2012
Location: Austin
Posts: 245
|
I should add that these holdings are in an after-tax investment (non-401K) account.
My other holdings are Vanguard Wellesley (VWIAX) and Vanguard Wellington (VWENX).
|
|
|
07-22-2012, 11:53 AM
|
#10
|
Moderator Emeritus
Join Date: Dec 2005
Posts: 10,125
|
There was an interesting article comparing the ETF version of a fund to the fund itself and they found, in the case of PIMCO, that there were some big differences when you get past the marketing. This would probably account for the different expense ratios.
The full article is at:
ETFs That Imitate Mutual Funds Are Imperfect Copies - SmartMoney.com
__________________
Angels danced on the day that you were born.
|
|
|
07-22-2012, 12:06 PM
|
#11
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,259
|
I have the Vanguard Index REIT fund. It is a small % of my assets at this time. I will increase it, perhaps up to 5% when and if I see a drop in price. But Low, Sell High....
[Editorial comment on]
I also agree with the need to name the funds and not just the ticker symbol. I find myself skipping questions with only ticker symbols, unless I recognize them. I also skip requests for information with a title such as "I need help with this". That is so unclear. Much better to write "Is the Blue Sky Pork Belly fund a good choice for my 87 yeard old grandmother?"
[Editorial comment off]
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
07-22-2012, 01:33 PM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: The Beautiful Blue Ridge Mountains
Posts: 2,791
|
Quote:
Originally Posted by LakeTravis
Looks like VGSIX and VNQ have essentially the same major holdings? I admit I don't fully understand why one would choose a managed fund with higher ER over an ETF with lower ER when they are both very similar in composition?
|
VNQ is the ETF version of VGSIX, the Vanguard REIT Index Fund, so it should be no surprise they hold the same thing. VGSLX is the Admiral Shares version of the same fund; the ETF has the same expense ratio as the Admiral Shares.
More information available at the Vanguard web site.
|
|
|
07-22-2012, 02:24 PM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 4,366
|
They are pretty close to each other in 10 year total returns.
11.40% annualized for CSRSX
10.34% annualized for VGSIX
VNQ doesn't have a 10 year record yet, but appears to follow VGSIX pretty closely.
I'd be happy with any of them, but I'd be tempted to reach for the extra 1% of CSRSX. That said, I'm in VNQ alone and won't be changing over.
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|