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ETFs

First Trust S&P REIT Index Fund

FRI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 08 2007
Expense Ratio
0.50%
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

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.

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.

Automated Strategies
Related toFRI

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

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.