Advertiser Disclosure

advertising disclaimer
Skip to main content
REIT real estate investment trust black booklet on desk

REITs vs. Stocks: What Does the Data Say?


Aug 05, 2020 by Matthew DiLallo
Time Period S&P 500 (Total Annual Return) FTSE NAREIT All Equity REITs (Total Annual Return)
1972-2019 12.1% 13.3%
The last 25 years 11.9% 12.6%
The last 20 years 7.7% 13.3%
The last 10 years 14.2% 13.2%
The last 5 years 12.5% 9.0%
The last year (2019) 31.5% 28.7%

Data source: NAREIT and Slickcharts.

REIT Subgroup Average Annual Total Return (1994-2019)
Office 12.9%
Industrial 14.1%
Retail 12.0%
Residential 13.7%
Diversified 9.8%
Health Care 13.4%
Lodging/Resorts 10.2%
Self-Storage 16.7%
S&P 500 9.3%

Data source: NAREIT and Slickcharts.

REIT Subgroup First Year Tracked Total Return S&P 500
Timber 2011 10.5% 11.7%
Infrastructure 2012 19.1% 13.2%
Data Centers 2015 17.3% 10.2%
Specialty 2015 11.1% 10.2%

Data source: NAREIT and Slickcharts.

Core FFO Per Share 1-year 3-year 5-year
Prologis 10% 10% 12%
Other logistics REITs 5% 6% 6%
REIT average 5% 5% 5%
S&P 500 average 1% 11% 7%

Data source: Prologis

Dividend Per Share 1-year 3-year 5-year
Prologis 10% 8%