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If you buy the underlying reits of the same quality directly, you can get above 5% yield. It depends whether you want to sacrifice 1% yield for the convenience.
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It is what one would call a so so purchase.
Because it is an ETF composed of 20(?) REITs you are capturing the average returns and not engage in individual reits selection. Something like an index fund.
Because there is no stock selection involved. The only thing you can optimise is when to buy this.
The best time to buy this is when there is a market down turn causing it to drop and the yield to go up.
If you buy at the pandemic selloff your buying price is 80cts and yield is 5+%.
I dont see it as attractive to buy now.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.