@HighYieldHustle I had David from XFunds on the channel yesterday and he said while it hasn’t been announced yet it is likely to be between 24-36%. Here is the video DRMY ETF Deep Dive: Memory Stocks + Income Strategy
https://t.co/BPh7GdB2dc
Brand New Income ETF - $DRMY
I sat down with @DavidANicholas, CEO of @XFunds_, to discuss the DRMY ETF. This is an income ETF that invests in companies driving the AI memory revolution while using an options strategy designed to generate weekly income.
https://t.co/BPh7GdB2dc
💬 @HoyaCapital Answers REIT Questions (Part 6)💡
A recent question we received asks with valuations so high in the general market are REITs undervalued?
• Broadly, yes. REITs remain undervalued relative to the broader equity market and relative to their own history.
• That does not mean every REIT is cheap, and it does not mean every cheap REIT is attractive.
• REITs have significantly underperformed since the start of the rate-hiking cycle, even though property-level cash flows and FFO have held up much better than stock prices suggest.
• The broad equity market is trading at elevated multiples, while REITs remain below historical P/FFO averages.
• Public REITs also continue to trade at discounts to private-market asset values in many sectors.
• The key distinction is that REIT valuations are low for a reason: higher rates raised the cost of capital and made external growth more difficult.
• But if rates stabilize and transaction markets reopen, those valuation discounts can narrow quickly.
• The opportunity may be most compelling in the middle of the market. Large caps often have the best balance sheets, small caps may look cheapest but have the highest cost of capital, and mid-caps can offer a better mix of scale, growth, valuation upside, and strategic optionality.
Have questions about REITs? Send us a message!