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ETFs

First Trust S&P REIT Index Fund

FRI
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 8, 2007
Expense Ratio
0.5%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$369,862
AUM
$116,050,046
Associated Index
S&P US REIT Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PLD
Prologis Inc
11.12%
EQIX
Equinix Inc
7.22%
WELL
Welltower Inc.
4.53%
PSA
Public Storage.
4.41%
DLR
Digital Realty Trust Inc
3.94%
O
Realty Income Corp.
3.86%
SPG
Simon Property Group, Inc.
3.85%
VICI
VICI Properties Inc
3.18%
EXR
Extra Space Storage Inc.
2.77%
AVB
Avalonbay Communities Inc.
2.66%
Invest with FRI
Trade FRI Options

What is FRI?

The First Trust S&P REIT Index Fund is an exchange-traded fund. This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the funds fees and expenses) of an equity index called the S&P United States REIT Index.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

FRI
Performance Measures**

for the time period May 10, 2007 to Dec 4, 2025

Returns

1M Trailing Return: 0.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 0.7%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -72.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 28.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.30

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFRI

ETFs correlated to FRI include BBRE, RWR, USRT

FRI
First Trust Exchange-Traded Fund III - First Trust S&P REIT Index Fund
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
RWR
SPDR Series Trust - SPDR DJ Wilshire REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
DFAR
Dimensional ETF Trust - Dimensional US Real Estate ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
IYR
BlackRock Institutional Trust Company N.A. - iShares U.S. Real Estate ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
ICF
BlackRock Institutional Trust Company N.A. - iShares Cohen & Steers REIT ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toFRI

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

Create your own algorithmic trading strategy with FRI using Composer

FAQ

FRI is a US Equities ETF. The First Trust S&P REIT Index Fund is an exchange-traded fund. This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the funds fees and expenses) of an equity index called the S&P United States REIT Index.

FRI tracks the S&P US REIT Index.

No, FRI is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FRI is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FRI is -0.038%. This is the percent change in the value of FRI over the most recent 1-month period. The 3-month return on FRI is -0.0336%. This is the percent change in the value of FRI over the most recent 3-month period.

The standard deviation of FRI for the past year is 0.2149%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FRI include XLI, XLY, and XLV.

ETFs correlated to FRI include BBRE, RWR, and USRT.

ETFs that are inversely correlated to FRI include SRS, DRV, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.