Domestic REITs Down On A Huge Up Day (VNQ, DRW, SNH)

Domestic Real Estate Investment Trusts or REITs are marginally down today on an otherwise huge up day for the market.

The Vanguard US Real Estate ETF (NYSE: VNQ) and Senior Housing Properties Trust (NYSE: SNH) are down 0.8% and 1.6% respectively in late day trading.

The sector is badly lagging the general market, which is up 1.3% and foreign REITs (as measured by WisdomTree Foreign REIT ETF (NYSE: DRW)) which is up 2%.

The foreign REITs are being helped by a weaker US Dollar.