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First Trust S&P REIT Index Fund (FRI)
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Upturn Advisory Summary
12/02/2025: FRI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 1.39% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 12/02/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.14 | 52 Weeks Range 22.99 - 29.60 | Updated Date 06/29/2025 |
52 Weeks Range 22.99 - 29.60 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust S&P REIT Index Fund
ETF Overview
Overview
The First Trust S&P REIT Index Fund (FRI) seeks investment results that correspond generally to the price and yield of the S&P United States REIT Index. It primarily invests in publicly traded REITs and aims to provide exposure to the real estate sector.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation for offering a range of investment products.
Management Expertise
First Trust has a team of experienced investment professionals managing their ETFs.
Investment Objective
Goal
To track the investment results of the S&P United States REIT Index.
Investment Approach and Strategy
Strategy: The fund employs a passive management strategy, attempting to replicate the performance of the S&P United States REIT Index.
Composition The ETF primarily holds stocks of REITs included in the S&P United States REIT Index.
Market Position
Market Share: While not dominating, FRI holds a noticeable market share within the REIT ETF segment.
Total Net Assets (AUM): 592400000
Competitors
Key Competitors
- Real Estate Select Sector SPDR Fund (XLRE)
- Vanguard Real Estate ETF (VNQ)
- iShares Core U.S. REIT ETF (USRT)
Competitive Landscape
The REIT ETF market is highly competitive, with VNQ and XLRE holding the largest market shares. FRI competes by offering a similar REIT index tracking strategy, but its expense ratio and AUM affect its attractiveness compared to these larger competitors, and it is not as diversified as some other funds. Lower management fees and higher dividend yields could increase its competitiveness.
Financial Performance
Historical Performance: Historical performance data is readily available from financial websites; refer to official fund documentation.
Benchmark Comparison: Performance should be compared to the S&P United States REIT Index to assess tracking effectiveness.
Expense Ratio: 0.08
Liquidity
Average Trading Volume
FRI exhibits a moderate average daily trading volume, suggesting sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
Interest rate changes, economic growth, and real estate market conditions all significantly affect the performance of REITs held by FRI.
Growth Trajectory
The fund's growth is tied to the performance of the underlying REITs and broader market conditions; no significant strategy changes noted.
Moat and Competitive Advantages
Competitive Edge
FRI's competitive edge lies in its ability to deliver targeted exposure to the U.S. REIT sector. By mirroring the S&P United States REIT Index, it provides investors with a benchmark-driven approach to real estate investment. The low expense ratio makes it an attractive option for passively managed REIT exposure, although larger funds offer better liquidity and diversification. Its strategic focus on the index and competitive expense structure set it apart.
Risk Analysis
Volatility
REITs are generally sensitive to interest rate fluctuations, implying moderate volatility for FRI.
Market Risk
The primary market risk involves fluctuations in the value of the underlying REIT holdings due to economic and sector-specific factors.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the real estate sector, particularly REITs, and desiring a passive, index-tracking approach.
Market Risk
Suitable for long-term investors looking to diversify their portfolio with real estate assets.
Summary
The First Trust S&P REIT Index Fund (FRI) offers investors a passively managed way to track the performance of the S&P United States REIT Index. With a relatively low expense ratio, it provides a cost-effective means of gaining exposure to the real estate sector through REITs. Its performance is highly correlated to the underlying index, and is useful as part of a broader diversified portfolio, though its AUM limits its ability to generate outsized returns. Investors should be aware of the interest rate sensitivity associated with REITs.
Similar ETFs
Sources and Disclaimers
Data Sources:
- First Trust Website
- Morningstar
- Bloomberg
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust S&P REIT Index Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of publicly-traded REITs domiciled in the United States that meet certain eligibility requirements.
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