Real Estate
Income · Moderate-Low risk
Broad selection of Real Estate Investment Trusts (REITs) as well as homebuilders, mortgage lenders, or other companies operating in the real estate space. This portfolio targets a sizable dividend yield relative to the S&P 500, allowing investors to be exposed to upside with reduced volatility.
Real Estate
Value-added index computed from rebalance weights and daily prices. Dashed lines mark rebalances.
Philosophy
Real estate is the original alternative asset — tangible, income-producing, and historically uncorrelated with stocks. Public REITs offer the benefits of property ownership with the liquidity of equities.
Diversified across REIT subsectors (residential, industrial, healthcare, data centers) plus selective homebuilders and mortgage finance names.
How it's built
The repeatable process behind Real Estate.
- 01Universe screen
We start from a defined universe relevant to this strategy and filter for fundamental quality, balance sheet health, and liquidity.
- 02Fundamental scoring
Each candidate is scored on financial strength, competitive position, and exposure to residential reits, industrial reits, data center reits dynamics that drive this portfolio.
- 03Position sizing
Weights reflect conviction, valuation, and risk contribution — not market cap. Concentration is intentional where it earns its keep.
- 04Ongoing review
We re-underwrite each holding continuously and rebalance when the thesis, valuation, or risk profile materially changes.
Holdings
The exchange-listed stocks held in Real Estate, with their target allocation. Sector and industry data sourced from Yahoo Finance.
Live from latest rebalance · 5/1/2026
- M/I Homes, Inc.25.0%
- Rithm Capital Corp.25.0%
- Arbor Realty Trust, Inc.10.0%
- Realty Income Corporation10.0%
- NNN REIT, Inc.10.0%
- Apollo Commercial Real Estate Finance, Inc.10.0%
- TPG Mortgage Investment Trust, Inc.10.0%
Weights reflect the most recent rebalance recorded in our tracker. They drift with market prices between rebalances.
What it looks like in practice
Three plausible paths from here. Real outcomes will sit somewhere along this distribution.
Sector tailwinds and individual catalysts compound over a multi-year window. Concentrated weights drive meaningful relative outperformance.
Quality screens and disciplined sizing deliver returns roughly in line with — to modestly above — the relevant benchmark over a full cycle.
Expect drawdowns consistent with this strategy's medium-low risk profile. The portfolio is built to survive and recover, not to avoid declines.
Is this you?
An honest fit check. We'd rather you pick the right strategy than the most exciting one.
- Wants income plus inflation hedge
- Already has equity exposure and seeks diversification
- Comfortable with rate-sensitivity
- Long-term horizon of 5+ years
- You need access to this capital within the next 12–24 months
- You'd panic-sell during a 20%+ drawdown
- You're looking for guaranteed returns or principal protection
Historical context
REITs have delivered equity-like returns with lower correlations to broad stock indices over multi-decade periods. They have historically been one of the strongest hedges against unexpected inflation.
* Past performance does not guarantee future results. All investments carry risk of loss.
Common questions
- How is this portfolio different from an ETF?
- Unlike a passive ETF, Real Estate is actively managed against a specific objective (income). Position sizing reflects conviction, not market cap weighting.
- How often will my positions change?
- We rebalance opportunistically rather than on a fixed calendar. In a typical year you can expect modest turnover; in periods of dislocation, more.
- Can I customize the holdings?
- Core holdings follow the strategy, but we can accommodate restrictions (e.g. tax-lot preferences, ESG exclusions, single-name caps) on request.
- What happens in a market downturn?
- This portfolio carries medium-low risk and will participate in market declines. Our discipline is to re-underwrite, not to react — which historically produces better long-term outcomes.
License or access Real Estate
Subscribe for data access — live holdings, price targets, and API — or license this portfolio to redistribute it under your firm. Self-serve checkout in a minute, or contact us for AUM-based licensing.
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