Janus Henderson U.S. Real Estate ETF Q4 2025 Commentary

Janus Henderson Investors3.61K FollowersFollow5ShareSavePlay(7min)CommentsSummaryJanus Henderson U.S. Real Estate ETF fund returned -0.37% and the FTSE Nareit Equity REITs Index returned -1.56%.U.S. equity markets posted gains in the fourth quarter as strength in broader earnings helped offset concerns about a softening labor market.The portfolio's focus on quality real estate operators with strong fundamentals proved effective in the quarter despite overall lackluster performance from REITs. Max Zolotukhin/iStock via Getty Images At a glance Performance The Fund returned -0.37% and the FTSE Nareit Equity REITs Index returned -1.56%. Contributors/detractors A non-benchmark position in Marriott International and overweight position in Ventas contributed to relative performance. Conversely, Highwoods PropertiesThis article was written byJanus Henderson Investors3.61K FollowersFollowJanus Henderson Investors exists to help clients achieve their long-term financial goals. Formed in 2017 from the merger between Janus Capital Group and Henderson Global Investors, we are committed to adding value through active management. For us, active is more than our investment approach – it is the way we translate ideas into action, how we communicate our views and the partnerships we build in order to create the best outcomes for clients. While our investment managers have the flexibility to follow approaches best suited to their areas of expertise, overall our people come together as a team. This is reflected in our Knowledge. Shared ethos, which informs the dialogue across the business and drives our commitment to empowering clients to make better investment and business decisions.www.janushenderson.com