you also forget to mention there are many other quality reits that are trading at 5-6% yield range, all with superior metrics(all states-diversified, proven track record) and growth, liquidity, to ECF. The index comprises some fund managers which are low yielding. High Yield isnt the only measure for REITs, quality and size, liquidity are important.
CLW, CMA, AQR, VVR, HMC, ADI, CIP, GOZ, IAP, ARF, CQE, VCX, SCP, AVN are some of the ones that i cover all yielding 5-6% on average.
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