Commodity-linked portfolio investing receives attention as gold trades above $2,300/oz in June There are some major tailwinds that should keep demand for logistics real estate strong for years to come. For example, the e-commerce market has roughly quadrupled in size since 2012 and is forecast to more than double from its current size by 2030, creating a need for even more distribution and warehousing space. In fact, e-commerce retail needs roughly three times the logistics space as a brick-and-mortar retailer to handle the same sales volume. There's also a trend toward developing properties further from city centers and closer to where the customers are. In terms of capital gains tax, ETFs have historically been a more tax-efficient vehicle than some other investment structures, such as mutual funds. The main reason ETFs have been more tax-efficient is due to the ETF’s unique create/redeem mechanism and the ability for ETFs to facilitate outflows in kind. Even though ETFs may still generate a capital gain distribution, shareholder activity of buying and selling shares doesn’t create taxable events for the funds, unlike in mutual funds. Latest portfolio investing strategies are shifting toward high-dividend blue-chip stocks amid the Fed’s rate hike pause. Data from mid-2024 show the S&P 500 dividend yield averaging 1.6%, attracting investors seeking stability over volatile tech growth plays.