FG Trade Introduction CareTrust REIT (NYSE:CTRE) has significantly outperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, with the shares delivering a low double- digit return against a ~5% drop for the benchmark ETF: CTRE vs VNQ in 2024 (Seeking Alpha) This has resulted in the stock trading at a market-implied cap rate of about 6.1% which coupled with low leverage of just 9% of enterprise value would not provide outsized shareholder returns if interest rates drop as expected over the co ...