Thanks, everyone, for your thoughts.
I had looked into that as it’s my typical strategy, but it seems like the quality varies widely and it would be better to analyze individual REITs. It’s a lot of work, though.
Actually, I take that back. I had been looking at the price and forgotten about dividends (I usually reinvest them but didn’t in this case). It’s actually done pretty well. I intended to get into REITs years ago, I started with a small position in NLY and then got busy with a new work project and kinda forgot about it. Most of my portfolio is index funds, so I don’t pay much attention to my holdings.
Diversification and experience in income investing. As I’ve been reading more, it seems like they are not as uncorrelated with stocks as I thought, but that’s not a deal breaker.