FRI vs. DFAR ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Dimensional US Real Estate ETF (DFAR)

FRI

First Trust S&P REIT Index Fund

FRI Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the S&P United States REIT Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a subset of the S&P Developed REIT Index, which measures the performance of more than 200 REITs or REIT-like structures in 15 developed markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.36

Average Daily Volume

81,591

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

DFAR

Dimensional US Real Estate ETF

DFAR Description

Dimensional US Real Estate ETF is an exchange traded fund launched and managed by Dimensional Fund Advisors L.P. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across real estate sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Dimensional US Real Estate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$25.03

Average Daily Volume

123,078

Number of Holdings ^*

130

* may have additional holdings in another (foreign) market

Performance

Period	FRI	DFAR
30 Days	0.21%	-0.71%
60 Days	-0.40%	-1.80%
90 Days	2.32%	1.13%
12 Months	26.65%	24.93%

123 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in DFAR	Overlap
AAT	B	0.11%	0.1%	0.1%
ADC	A	0.64%	0.59%	0.59%
AIV	C	0.09%	0.08%	0.08%
AKR	B	0.22%	0.22%	0.22%
ALEX	B	0.12%	0.01%	0.01%
ALX	D	0.04%	0.04%	0.04%
AMH	C	0.99%	0.92%	0.92%
APLE	B	0.29%	0.27%	0.27%
ARE	F	1.42%	1.23%	1.23%
AVB	B	2.72%	2.43%	2.43%
BDN	C	0.08%	0.06%	0.06%
BFS	C	0.04%	0.04%	0.04%
BHR	C	0.02%	0.01%	0.01%
BNL	D	0.27%	0.24%	0.24%
BRT	A	0.02%	0.02%	0.02%
BRX	A	0.73%	0.66%	0.66%
BXP	C	0.97%	0.88%	0.88%
CBL	B	0.03%	0.03%	0.03%
CDP	C	0.28%	0.26%	0.26%
CHCT	C	0.04%	0.02%	0.02%
CIO	C	0.02%	0.01%	0.01%
CLDT	B	0.04%	0.03%	0.03%
COLD	D	0.48%	0.44%	0.44%
CPT	B	1.08%	0.95%	0.95%
CSR	B	0.09%	0.08%	0.08%
CTO	B	0.03%	0.03%	0.03%
CTRE	C	0.42%	0.37%	0.37%
CUBE	C	0.91%	0.83%	0.83%
CUZ	B	0.39%	0.36%	0.36%
DEA	D	0.1%	0.09%	0.09%
DEI	B	0.26%	0.22%	0.22%
DHC	F	0.04%	0.03%	0.03%
DLR	B	4.61%	4.5%	4.5%
DOC	C	1.26%	1.1%	1.1%
DRH	B	0.16%	0.14%	0.14%
EGP	D	0.7%	0.63%	0.63%
ELME	D	0.12%	0.1%	0.1%
ELS	C	1.12%	0.96%	0.96%
EPR	C	0.28%	0.26%	0.26%
EPRT	B	0.48%	0.45%	0.45%
EQC	B	0.18%	0.07%	0.07%
EQIX	A	7.17%	6.39%	6.39%
EQR	C	2.1%	1.94%	1.94%
ESRT	C	0.12%	0.12%	0.12%
ESS	B	1.63%	1.46%	1.46%
EXR	C	2.91%	2.6%	2.6%
FCPT	C	0.22%	0.2%	0.2%
FR	D	0.58%	0.52%	0.52%
FRT	B	0.72%	0.62%	0.62%
GLPI	C	1.12%	1.01%	1.01%
GMRE	F	0.04%	0.04%	0.04%
GNL	F	0.12%	0.11%	0.11%
GOOD	B	0.06%	0.05%	0.05%
GTY	A	0.13%	0.12%	0.12%
HIW	C	0.28%	0.25%	0.25%
HPP	F	0.05%	0.02%	0.02%
HST	C	1.03%	0.91%	0.91%
IIPR	D	0.25%	0.23%	0.23%
ILPT	F	0.02%	0.02%	0.02%
INN	D	0.06%	0.05%	0.05%
INVH	D	1.61%	1.56%	1.56%
IRM	C	2.79%	2.52%	2.52%
IRT	A	0.39%	0.36%	0.36%
IVT	A	0.19%	0.16%	0.16%
JBGS	F	0.11%	0.09%	0.09%
KIM	A	1.4%	1.27%	1.27%
KRC	B	0.35%	0.32%	0.32%
KRG	B	0.5%	0.43%	0.43%
LAMR	C	0.94%	0.85%	0.85%
LTC	B	0.14%	0.13%	0.13%
LXP	D	0.23%	0.2%	0.2%
MAA	B	1.55%	1.37%	1.37%
MAC	B	0.35%	0.32%	0.32%
MDV	D	0.01%	0.0%	0.0%
MPW	F	0.22%	0.19%	0.19%
NHI	D	0.28%	0.26%	0.26%
NNN	C	0.65%	0.58%	0.58%
NSA	C	0.25%	0.23%	0.23%
NTST	C	0.1%	0.09%	0.09%
NXRT	B	0.08%	0.08%	0.08%
O	C	4.11%	3.67%	3.67%
OHI	C	0.86%	0.76%	0.76%
OLP	B	0.04%	0.03%	0.03%
OPI	F	0.01%	0.0%	0.0%
OUT	A	0.22%	0.18%	0.18%
PDM	D	0.1%	0.09%	0.09%
PEB	D	0.12%	0.11%	0.11%
PECO	A	0.4%	0.36%	0.36%
PGRE	F	0.08%	0.06%	0.06%
PINE	C	0.02%	0.01%	0.01%
PK	C	0.26%	0.22%	0.22%
PKST	F	0.04%	0.0%	0.0%
PLD	F	8.93%	7.8%	7.8%
PLYM	F	0.06%	0.05%	0.05%
PSA	C	4.39%	3.96%	3.96%
PSTL	D	0.03%	0.02%	0.02%
REG	A	1.01%	0.95%	0.95%
REXR	F	0.77%	0.71%	0.71%
RHP	B	0.57%	0.47%	0.47%
RLJ	C	0.12%	0.11%	0.11%
ROIC	A	0.19%	0.17%	0.17%
SBRA	C	0.36%	0.32%	0.32%
SHO	D	0.17%	0.15%	0.15%
SKT	A	0.33%	0.31%	0.31%
SLG	B	0.41%	0.38%	0.38%
SPG	A	4.6%	4.39%	4.39%
STAG	D	0.55%	0.49%	0.49%
SUI	C	1.22%	1.16%	1.16%
SVC	F	0.04%	0.03%	0.03%
TRNO	F	0.5%	0.44%	0.44%
UDR	B	1.12%	1.04%	1.04%
UE	B	0.23%	0.21%	0.21%
UHT	D	0.04%	0.04%	0.04%
UMH	B	0.11%	0.1%	0.1%
UNIT	B	0.11%	0.1%	0.1%
VICI	C	2.76%	2.46%	2.46%
VNO	C	0.58%	0.49%	0.49%
VRE	B	0.12%	0.1%	0.1%
VTR	B	2.21%	1.96%	1.96%
WELL	A	6.54%	4.9%	4.9%
WPC	C	1.01%	0.92%	0.92%
WSR	A	0.05%	0.05%	0.05%
XHR	B	0.13%	0.11%	0.11%

FRI Overweight 5 Positions Relative to DFAR

Symbol	Grade	Weight
AHH	D	0.06%
FPI	B	0.04%
LAND	F	0.03%
NXDT	F	0.02%
FSP	B	0.01%

FRI Underweight 7 Positions Relative to DFAR

Symbol	Grade	Weight
AMT	C	-6.81%
CCI	C	-3.37%
SBAC	D	-1.74%
SILA	C	-0.03%
CMCT	F	-0.0%
SELF	B	-0.0%
CLPR	D	-0.0%