Rmcarvalho REIT Performance April was a tough month in the stock market, and REITs were not spared from the downturn. Equity REITs averaged a -4.27% total return in April, which was largely in line with the broader market. REITs outperformed the Dow Jones Industrial Average (-4.9%) and NASDAQ (-4.4%), but fell short of the S&P 500 (-4.1%). The market cap weighted Vanguard Real Estate ETF (VNQ) saw deeper declines than the average REIT in April (-7.94% vs. -4.27%) and has underperformed year-to-date (-9.12% ...