Real Estate
Data cutoff intraday
Modeled fair value
VNQ · US Real Estate
P10–P90P25–P75Median fair valueToday's market price = 100
Today’s price sits at the 57.1th percentile of modeled fair value — 43% of modeled scenarios put fair value above the market.
- Median fair value
- 97.0
- Upside to median
- -3.0%
- Last close
- $96.38
- Confidence
- moderate-high
index, market = 100
2026-08-11
75/100
Modeled returns
Return distributions, not point forecasts
Percentiles describe the spread of scenario outcomes under the stated method. The width of the range carries as much information as the midpoint.
One year
modeled- P90
- +21.0%
- P75
- +14.0%
- Median
- +6.5%
- P25
- +2.0%
- P10
- -7.0%
76% of modeled scenarios end positive.
Modeled total-return scenario ensemble combining sustainable growth or carry with partial valuation convergence; no recent-price momentum is used.
Three years, annualised
modeled- P90
- +10.8%
- P75
- +8.4%
- Median
- +6.0%
- P25
- +3.6%
- P10
- +1.2%
Three-year annualized scenario ensemble using slower partial valuation normalization and asset-specific growth/carry anchors.
Against the Treasury hurdle
- 1y Treasury
- 4.04%
- Expected excess
- +2.5%
- Basis
- direct
DGS1 is the preferred current one-year investment-basis hurdle; expected excess is modeled, not guaranteed.
Instruments
6 in this asset class
| Symbol | Valuation | Fair value | Last close | 1y modeled |
|---|---|---|---|---|
| VNQ US Real Estate | -0.4Somewhat expensive | 97.0 | $96.38 | +6.5% |
| XLRE US Real Estate Sector | —Unavailable | — | $44.08 | — |
| REET Global Real Estate | —Unavailable | — | $27.68 | — |
| REM Mortgage Real Estate | —Unavailable | — | $22.06 | — |
| SRVR Data Center and Digital REITs | —Unavailable | — | $31.69 | — |
| REZ Residential and Specialized REITs | —Unavailable | — | $93.03 | — |